Housing equity, 401Ks, Pension funds. They all may be vulnerable to the next bursting bubble. John Calverley lays out the fundamentals of our asset-backed economy and explores the powerful implications for individuals, businesses, central banks, and policy makers.
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"When Bubbles Burst responds to the urgent need for comprehensive information and analysis of the crisis for non-specialized readers who wish to obtain an overview of the issues at stake and consequences for investment decisions in an easy read. The specific charm of this volume is that it recognizes the links that make financial bubbles and merges them into one highly readable volume." Ernest Gnan, SUERF Secretary General
John Calverley is the Chief Economist and Strategist at American Express Bank and edits its publication Economics for Investment. He is a well known commentator and appears frequently on CNN, CNBC, BBC and other TV stations as well as having his own column in Singapore Smart Investor monthly. He is Deputy Chairman of The Society of Business Economists. His previous books include The Pocket Guide to Economics for the Global Investor and The Investors Guide to Economic Fundamentals (Wiley 2003).
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