The American Phoenix: And Why China And Europe Will Struggle After The Coming Slump

by Charles- Dumas, Diana Choyleva and Charle Choyleva

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The American Phoenix: And Why China And Europe Will Struggle After The Coming Slump

Synopsis

“Charles Dumas...clear analysis and convincing detail” –Paul A. Volcker 2012 will bring another global economic crisis. It could have been avoided if America and other deficit countries had embarked on currency devaluation and tighter domestic policy to sustain recovery and growth, but they didn't. Savings-rich countries, notably China, have not helped. Charles Dumas and Diana Choyleva go on to argue that America will emerge from the slump in the strongest shape. These are precarious times. To understand and prepare for them, this book will be invaluable Charles Dumasis chairman of Lombard Street Research in London, United Kingdom. Diana Choylevais a director of Lombard Street Research, based in Hong Kong, China.