
This book is about the NEXT financial crisis. A crisis, that - according to the author ? will result from an unexpected return of high inflation and rising interest rates. The author explains the risks of such an event, describes analogies from the past, and offers numerous paradigms, concepts, and ideas that may help companies and individuals to turn inflation risks into opportunities.Dr. Hammes was one of the first experts who foresaw the last financial crisis. As early as 2000, Dr. Hammes warned publicly that a major financial crisis was unavoidable if risk management deficiencies in the financial industry remained unaddressed. In his new book, Dr. Hammes warns of an even more serious crisis caused by an unprecedented state of collective unpreparedness regarding inflation risks.A return of high inflation to the developed world should not surprise us. Judging from historical analogies, inflation is a likely outcome of the economic malaise we are in and the policies we have chosen.
Author : Wolfgang H. Hammes
Pages : 366 pages
Publisher : The Vangi Group
Language : eng
ISBN-10 : 1944614001
ISBN-13 : 9781944614003