Download or read book Payback written by Margaret Atwood and published by House of Anansi. This book was released on 2008 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores debt as a central historical component of religion, literature, and societal structure, while examining the idea of humanity's debt to the natural world.
Download or read book China s Great Wall of Debt written by Dinny McMahon and published by HarperCollins. This book was released on 2018-03-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy, have started to crumble. Over the course of a decade spent reporting on the ground in China as a financial journalist, Dinny McMahon gradually came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system, have all become a regular fixture in the press in recent years, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the Chinese economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over the distribution of table salt. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes—for better or worse—will shape the globe like never before.
Download or read book The Shadow of Slavery written by Pete Daniel and published by . This book was released on 1973 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Shadow s Debt written by Danni Williams and published by Nightshade Vampires. This book was released on 2022-05-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dragon shifter Simone just wants to be left alone. But a debt owed by her father to vampire lord Andre Silversbane will disrupt Simone's future. Add to that a crazy vampire King who thinks Simone is the key to a major artifact and it will be all that she can do to stay alive. Simone is happily anticipating starting a new life in Chicago when life drops a bombshell on her. Her father owes vampire lord Andre Silversbane a debt and has given her to him. Now Simone has to learn to survive among the Nightshade vampires as the new Lady Silversbane. And, survive a plot by the Mad King Rapheal, who wants her to retrieve an artifact that should remain hidden. When tragedy strikes, Simone will have to make a decision that will change the world as she knows it or destroy it.
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book The Vampire Debt written by Ali Winters and published by Rising Flame Press. This book was released on 2020-04-02 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a truth universally acknowledged that a single Vampire in possession of a good fortune, must be in want of a mortal snack. Dracula & Beauty and the Beast, meet Pride and Prejudice in THE VAMPIRE DEBT, a new adult, gothic fantasy paranormal, slow burn, romance. His kiss could mean her undoing. Every year the vampire court visits human cities for the Claiming. And any human claimed will live a half-life as a food source to one of those demon-cursed monsters. Vampires tore her life apart thirteen years ago. Since then, her father’s squandering has cast them into financial ruin, forcing Clara to steal, cheat, and kill to survive. Now, her father’s debts will cost Clara her life. To settle her father’s debts, she finds herself under the guardianship of the unearthly handsome Lord, Alaric Devereaux. Not only is he a vampire—he knows what she did, and he’s determined to make her pay for the crime. She refuses to sit idly by and wait for death, provoking Alaric at every turn… Until he offers her a deal: Use his dagger to draw a single drop of his blood and she will win her freedom. But for every failed attempt, she must pay with a kiss. His kisses are more deadly than a blade’s edge. Each one threatens to change everything she’s ever believed while slowly ensnaring her heart. Outmatched and unable to win, her only options are to run or risk losing herself to him completely. But Alaric doesn’t plan to let her escape so easily. Fans of Tricia Levenseller's The Shadows Between Us, Shelby Mahurin's Serpent and Dove, and Holly Black's The Cruel Prince, will love THE VAMPIRE DEBT. * Books 1-4 end in cliffhangers * Enemies to lovers * Slow burn romance * Fantasy world inspired by many different locations and time periods * Massively flawed characters * The Vampire Debt will have 5 books in the main series *
Download or read book Financial Heresy written by Joseph Brown and published by . This book was released on 2019-07-20 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: THIS BOOK IS (NOT) FOR YOU.This book is not for you if you view yourself as a victim. If you think there is nothing you can do to help yourself out of your garbage financial situation, don't read this book.This book is not for you if you are already independently wealthy, financially literate, and protected against coming economic storms.This book is not for you if you enjoy paying other people to handle your money for you and don't want to know exactly what they are doing with it. If you like being vulnerable to recessions and crashes, this book is not for you.For those of you still left, welcome to the few. You're about to join the few who understand what money really is and how it works. You will learn how to control your own money instead of blindly following expensive, subpar advice. You will learn how to protect your wealth from the inevitable financial storms that most are left vulnerable to. In this book, you'll learn the following:-Debt elimination-Powerful budgeting techniques-Maximizing investment performance while minimizing fees-Hedging strategies to prepare for the next global financial catastrophe ...and much more!
Download or read book How Big Small are Fiscal Multipliers written by Ethan Ilzetzki and published by International Monetary Fund. This book was released on 2011-03-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel quarterly dataset of government expenditure in 44 countries, we find that (i) the output effect of an increase in government consumption is larger in industrial than in developing countries, (ii) the fisscal multiplier is relatively large in economies operating under predetermined exchange rate but zero in economies operating under flexible exchange rates; (iii) fiscal multipliers in open economies are lower than in closed economies and (iv) fiscal multipliers in high-debt countries are also zero.
Download or read book Lights and Shadows of Chinese Life written by John Macgowan and published by . This book was released on 1909 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book Between Debt and the Devil written by Adair Turner and published by Princeton University Press. This book was released on 2017-08-02 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why our addiction to debt caused the global financial crisis and is the root of our financial woes Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money—the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money. Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.
Download or read book The Growth of Shadow Banking written by Matthias Thiemann and published by Cambridge University Press. This book was released on 2018-05-31 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: By analyzing the growth and regulation of shadow banking activities by large banks in Western Europe and the US, this book illuminates how the evolution of finance, driven by structural pressures and financial innovations, is crucially mediated through state-finance interactions on the meaning of rules and the need to comply.
Download or read book The Shadow Market written by Eric J. Weiner and published by Simon and Schuster. This book was released on 2011-10-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that sovereign wealth funds and rogue nations are threatening the security of America's financial future, explaining how they undermine the economy and the stability of banking institutions.
Download or read book Private Lending in China written by Lerong Lu and published by Routledge. This book was released on 2018-12-07 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores China’s private lending market from historical, economic, legal, and regulatory perspectives. Private lending refers to moneylending agreements between business borrowers and their debt investors without the involvement of banks. In China, it remains difficult for private entrepreneurs to obtain sufficient loans from state-owned banks. Thus, private lending has been a vital alternative financing channel for over 80 million businesses which are reliant on private funds as their major source of operating capital. The market volume of private financing stands at 5 trillion yuan ($783bn), making it one of the largest shadow banking systems in the world. Despite the wide popularity and systemic importance of private lending activities, they have remained outside of the official regulatory framework, leading to extra financial risks. In 2011, China’s private lending sector encountered a severe financial crisis, as thousands of business borrowers failed to repay debts and fell into bankruptcy. Lots of bosses who found it impossible to liquidate debts ran away to hide from creditors. The financial turmoil has caused substantial monetary losses for investors across the country, which triggered social unrest and undermined the financial stability. This book is a timely work intended to demystify China’s private lending market by investigating its historical development, operating mechanism, and special characteristics. It evaluates the causes and effects of the latest financial crisis by considering a number of real cases relating to helpless investors and runaway bosses. It conducts an in-depth doctrinal analysis of Chinese laws and regulations regarding private lending transactions. It also examines China’s ongoing financial reform to bring underground lending activities under official supervision. Finally, the book points out future development paths for the private lending market. It offers suggestions for global policymakers devising an effective regulatory framework for shadow banking. It appeals to researchers, lecturers, and students in several fields, including law, business, finance, political economy, public policy, and China study.
Download or read book The Nonbank Bank Nexus and the Shadow Banking System written by Mr.Zoltan Pozsar and published by International Monetary Fund. This book was released on 2011-12-01 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present way of thinking about financial intermediation does not fully incorporate the rise of asset managers as a major source of funding for banks through the shadow banking system. Asset managers are dominant sources of demand for non-M2 types of money and serve as source collateral ?mines' for the shadow banking system. Banks receive funding through the re-use of pledged collateral ?mined' from asset managers. Accounting for this, the size of the shadow banking system in the U.S. may be up to $25 trillion at year-end 2007 and $18 trillion at year-end 2010, higher than earlier estimates. In terms of policy, regulators will need to consider the re-use of pledged collateral when defining bank leverage ratios. Also, given asset managers' demand for non-M2 types of money, monitoring the shadow banking system will warrant closer attention well beyond the regulatory perimeter.
Download or read book Shadows of Being written by Jeffrey Andrew Barash and published by BoD – Books on Demand. This book was released on 2022-04-19 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a review of the work of Karl Jaspers composed several years before the publication of his book Being and Time, Martin Heidegger suggested that the philosophical orientations of his period had made a wrong turn and skirted by the fundamental path of thought. He suggested that instead of taking up a heritage of original questions, his contemporaries had become preoccupied with secondary issues, accepting as fundamental what was in fact only incidental. In the years that followed, Heidegger's promise to reorient philosophy in terms of the Seinsfrage, the question of Being, exercised a well-known influence on successive generations of thinkers on a global scale. The present book delves into the philosophical sources of this influence and raises the question whether Heidegger indeed made good on the promise to reveal for thought what is truly fundamental. In proposing this investigation, the author assumes that it is not sufficient to take Heidegger at his word, but that it is necessary to scrutinize what is posited as fundamental in light of its broader implications-above all for ethico-political judgment and for historical reflection. After addressing this question in the first part of the book, the second part examines the significance of Heidegger's reorientation of philosophy through the prism of its critical reception in the thought of Hannah Arendt, Emmanuel Levinas, and Paul Ricoeur.
Download or read book In the Shadows of the Tropics written by Mr James S Duncan and published by Ashgate Publishing, Ltd.. This book was released on 2012-11-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this original work James Duncan explores the transformation of Ceylon during the mid-nineteenth century into one of the most important coffee growing regions of the world and investigates the consequent ecological disaster which erased coffee from the island. Using this fascinating case study by way of illustration, In the Shadows of the Tropics reveals the spatial unevenness and fragmentation of modernity through a focus on modern governmentality and biopower. It argues that the practices of colonial power, and the differences that race and tropical climates were thought to make, were central to the working out of modern governmental rationalities. In this context, the usefulness of Foucault's notions of biopower, discipline and governmentality are examined. The work contributes an important rural focus to current work on studies of governmentality in geography and offers a welcome non-state dimension by considering the role of the plantation economy and individual capitalists in the lives and deaths of labourers, the destabilization of subsistence farming and the aggressive re-territorialization of populations from India to Ceylon.
