I.O.U: why everyone owes everyone and no one can pay

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John Lanchester's brilliant survey of the current financial crisis explains how the booming global economy collapsed seemingly overnight.
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Grouped Work ID 4e61fd1d-7fa9-064d-3e35-e8b9617dc7df
Grouping Title i o u why everyone owes everyone and no one can pay
Grouping Author lanchester john
Grouping Category book
Last Grouping Update 2018-08-15 04:50:02AM
Last Indexed 2018-08-15 04:57:10AM

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accelerated_reader_reading_level 0
auth_author2 Langton, James.
author Lanchester, John.
author2-role Langton, James., hoopla digital.
author_display Lanchester, John
detailed_location_arlington hoopla

The wildest story in the world these days is not fiction; it's what's really happening all around us as the world's global economy has gone into freefall. How did we get here? What does it all mean? How could so many smart people be so dumb and believe their own hype?

Accessibly, cleverly, and with mordant humor, journalist John Lanchester trots the globe in search of the answers to these questions—-to Iceland, the scene of catastrophic bank collapse; to Hong Kong, the city of his birth built at the altar of free-market capitalism; to the high-stakes leveraging of Wall Street; and to the tragedy of lost homes in small-town America. And in his capable hands, we see and understand what went wrong and why.

Lanchester believes that the current crisis gives us an opportunity to bring about much-needed change and that a stronger and more compassionate system can emerge from the wreckage.

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literary_form Non Fiction
literary_form_full Non Fiction
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owning_library_arlington Arlington Public Library Online, Aurora Hills Online, Central Online, Cherrydale Online, Columbia Pike Online, Connection Crystal City Online, Detention Center Online, Glencarlyn Online, Local History Online, Plaza Online, Shirlington Online, Westover Online
primary_isbn 9781400195435
publishDate 2010
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subject_facet Economic history -- 21st century, Global Financial Crisis, 2008-2009, International finance
title_display I.O.U
title_full I.O.U. Why Everyone Owes Everyone and No One Can Pay, I.O.U. [electronic resource] : why everyone owes everyone and no one can pay / John Lanchester
title_short I.O.U
title_sub why everyone owes everyone and no one can pay
topic_facet Business, Nonfiction