General Discussion
Our economic woes - if you want to know more suggest you read this book "How Do We Fix This Mess?"
It's written by the BBC Business Editor, Robert Peston, and explains why the banks crashed in 2007/8, the economic problems of the Eurozone, globalisation, and discusses the whys and wherefores of the Chinese economy.
Not a subject that all will be interested in I know but for those who are, it is well worth a read. Once you start getting your head around the technical terms, a lot of what has gone on and is still going on now is explained.
Paperback version £8.99 but you may get it cheaper than that in Waterstones (as I did) as it forms one of the many books that they have in their "Buy one book get another half price" offer.
ISBN 978-1-444-75712-5
Now.........back to trying to get my head around 'Structured Investment Vehicles', Leveraging, 'Collaterised Debt Obligations', Hedge Funds etc.
(think I may have to read this book at least one more time.............)
