An engaging look at the road to a sustained economic recovery
The global finance system can be regulated to prevent massive credit fraud, tame capitalism, confront the sovereign debt crisis, and move towards investing in the real economy and full employment. "Obamanomics", and American reinvention can lead to a sustained economic recovery but only together with major domestic, European, and global monetary reforms in cooperation with emerging nations.
For decades, the U.S. dollar has served as the world's reserve currency. But after the global market meltdown and the resulting massive stimulus spending meant to keep the Great Recession from becoming an even Greater Depression, confidence in America's ability to make good on its growing debt is at all-time lows. In Brave New World Economy: Global Finance Threatens Our Future, Wilhelm Hankel and Robert Isaak two extremely controversial, yet highly respected experts on international economics and management describe how "Obamanomics," the Euro crisis, and shift of economic growth from the West to emerging economies, if handled properly, can lead to true economic stability and job creation.
©2011 Wilhelm Hankel and Robert Isaak (P)2012 Audible, Inc.
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I found the "facts" to be half researched and the conclusions drawn not interesting or believable. I could not finish this book. Got through about 3-4 hours and just moved on.
The performance was fine. Content was iffy at best.
If you are politically aligned with the author, you may enjoy this book more than I.
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