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9781848870581: The Storm: The World Economic Crisis & What It Means

Synopsis

An indispensable and absolutely accessible explanation of the causes of the world economic crisis and how we should respond to it In this urgent and timely book, the man the Daily Telegraph calls "the sage of the credit crunch" shows that although the downturn is global, the complacency of the British government towards the huge "bubble" in property prices and high levels of personal debt, combined with increasingly exotic trading within the financial markets, has left Britain badly exposed. This paperback edition has been fully revised and updated to include Vince Cable’s latest assessment of the recession.

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About the Author

Vince Cable is Member of Parliament for Twickenham and has been the Liberal Democrats' chief economic spokesperson since 2003, having previously served as Chief Economist for Shell from 1995 to 1997. He was elected as Deputy Leader of the Liberal Democrats in March 2006 and was acting leader of the party prior to the election of Nick Clegg.

Review

"'The best book you can read to understand what on earth is going on out there."  —Independent

"Anybody with an interest in the causes of the deepest economic crisis since the great depression—and that is most of us these days—can easily digest it in a single sitting, and be much better informed as a result."  —Guardian

"An urgent admirably clear book which studies each stage of the crisis and asks what it portends."  —Observer

 "Vince Cable is the only politician to emerge from the credit crunch a star . . . [The Storm] is a lucid guide to the present mess."  —Sunday Times

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  • PublisherAtlantic Books
  • Publication date2010
  • ISBN 10 1848870582
  • ISBN 13 9781848870581
  • BindingPaperback
  • Number of pages186
  • Rating
    • 3.43 out of 5 stars
      154 ratings by Goodreads

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