000 03053cam a2200265 a 4500
008 101001s2011 nju b 000 0 eng
020 _a9780470976111
040 _aSDU
050 0 0 _aHB3807
_bL989 B 2011
100 1 _aLynn, Matthew.
_9186967
245 1 0 _aBust :
_bGreece, the Euro, and the sovereign debt crisis /
_cMatthew Lynn.
260 _aHoboken, N.J. :
_bBloomberg Press,
_c2011.
300 _a282 p.
505 _aHKBU library
518 _aYT2025 M09
520 _a"Athens, Greece May Day 2010. The International Monetary Fund (IMF) and the European Union (EU) were putting together the final details of a 100-billion Euro rescue package for the country. The Greek Prime Minister, George Papandreou had agreed to a savage package of Austerity Measures involving cuts in public spending and lower salaries and pensions. Outside, riot police were deployed as protestors gathered to fight the austerity program. A country with a history of revolution and dictatorship hovered on the brink of collapse with the world's financial markets watching to see if the deal cobbled together would be enough to both calm the markets, rescue the Greek economy, and with it the Euro, from oblivion. In Bust: Greece, the Euro, and the Sovereign Debt Crisis leading market commentator Matthew Lynn blends financial history, politics and current affairs to tell the story of how one nation rode the wave of economic prosperity and brought a continent, a currency, and potentially, the global financial system to its knees. Bust: Greece, the Euro, and the Sovereign Debt Crisis is a story of government deceit, unfettered spending, and cheap borrowing. As well as charting Greece?s rise, and spectacular fall from grace, it looks at the global repercussions of a financial disaster that shows many of the hallmarks of the Lehman Brother's debacle. It looks at how the Greek contagion has spread like wildfire through Europe, and, as the global financial community looks on in concern, club Med, or PIGGS countries succumb to its influence. And of course, no financial crisis is complete without Goldman Sachs and murky deals, as the author explores how speculators and derivatives traders compounded the problem. Written in a lively and entertaining style, Bust: Greece, the Euro, and the Sovereign Debt Crisis is a lively and engaging account of a country gone wrong, for anyone interested in world events and global economics."--
520 _a"Written in a lively and entertaining style, Bust: Greece, the Euro, and the Sovereign Debt Crisis is a lively and engaging account of a country gone wrong, for anyone interested in world events and global economics"--
650 0 _aFinancial crises
_zGreece
_xHistory
_y21st century.
_9186968
650 0 _aDebts, External
_zGreece
_xHistory
_y21st century.
_9186969
650 0 _aEconomic stabilization
_zGreece
_xHistory
_y21st century.
_9186970
651 0 _aGreece
_xEconomic conditions
_y1974-
_9186971
651 0 _aGreece
_xEconomic policy
_y1974-
_9186972
900 _a= C.1 SDU
942 _cGBE
_2lcc
999 _c102235
_d102235