This Time Is Different: Eight Centuries of Financial Folly
Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading econo...
By Carmen M. Reinhart
Hardcover: 512 pages
Publisher: Princeton University Press; F First Edition edition (October 1, 2009)
Product Dimensions: 6.5 x 1.8 x 9.2 inches
Format: PDF Text djvu book
I only give five stars for a book I believe will be relevant or universal throughout time. This book has proven without a doubt that countries or regions that go into serious debt, regardless of what century we are in, will cause financial crises. The book analyzes all aspects from many different re...
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