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Description of  Endgame: The End of the Debt Supercycle and How It Changes Everything

Greece isn't the only country drowning in debt. The Debt Supercyclewhen the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisisis affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is goodrestructure the debt or reduce it through austerity measures. Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book: Read more