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- Ten Maps That Tell You Everything You Need to Know About Global Politics
- By: Tim Marshall
- Narrated by: Ric Jerom
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Overall4.5 out of 5 stars 3,195
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Performance4.5 out of 5 stars 2,829
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If you've ever wondered why Putin is so obsessed with Crimea, why the USA was destined to become a global superpower or why China's power base continues to expand ever outwards, the answers are all here. In 10 chapters, using essays and occasionally the personal experiences of the widely travelled author, Prisoners of Geography looks at the past, present and future to offer an essential insight into one of the major factors that determines world history.
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5 out of 5 stars
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- By: Mark Douglas
- Narrated by: Kaleo Griffith
- Length: 7 hrs and 57 mins
- Unabridged
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Overall5 out of 5 stars 269
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Performance5 out of 5 stars 231
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Story4.5 out of 5 stars 228
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- Length: 9 hrs and 39 mins
- Unabridged
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Overall4.5 out of 5 stars 136
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Performance4.5 out of 5 stars 118
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Story4.5 out of 5 stars 117
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2 out of 5 stars
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Disappointing and repeats the same obvious points.
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Summary
At 14.32 p.m. on May 6, 2010, stock markets around the world simultaneously crashed without warning, wiping out trillions of dollars and creating havoc. The incident, dubbed 'The Flash Crash', exposed the shaky foundations propping up today's hyper-fast, computer-dominated financial system.
Government hearings, academic papers and a sweeping US investigation followed but, for years, its cause remained a mystery. Then, on April 21, 2015, two dozen police officers and FBI agents descended on a shabby suburban street in Hounslow to arrest an unlikely figure: Navinder Singh Sarao, a slight, doe-eyed 36-year old second-generation British Indian who - despite never having set foot in an investment bank - had earned more than $60 million trading futures in the same bedroom he'd slept in since he was a boy.
Sarao was a genuine savant, a one-in-a-million talent for whom making money in the markets was just another computer game to perfect. But he also had a steely, stubborn side. In 2009, frustrated by what he and many others saw as the unfair advantage enjoyed by multibillion-dollar high-frequency trading firms, Sarao had built a computer system that ‘spoofed’ his rivals into trading how he wanted.
He called it ‘NavTrader’, and the US government says it contributed to the biggest crash in the history of financial markets. The Flash Crash tells the unlikely story of how a streetwise, working-class outsider from West London who lived with his parents and never had a job came to outsmart some of the richest and most sophisticated investors in the world, raking in millions of pounds until the fateful day his doomsday machine worked too well, and he stood accused of bringing the global financial system to the brink of collapse.