Download Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy AudioBook Free
An in-depth look at the essential issues adjoining zombie corporations and their influence on the global economy. Zombie banking has become standard operating process of big debtor nations. They prop up faltering institutions, print out money, and prevent financial corrections. However in an attempt to prolong the inevitable, bigger problems are manufactured. The procedure used now hasn't, and will not, work. This well-timed book discloses why. Zombie Lenders tells the storyplot of how debtor nations and failing corporations are harming the long-term leads of the global economy. Publisher Yalman Onaran, a veteran Bloomberg Information reporter and financial banking-sector expert, examines just what a zombie standard bank is and why they are retained alive. He also discusses how they damage economic recovery and what needs to be done to be able to restore stability. Along the way, Onaran takes a genuine look at how exactly we arrived at this aspect and details the harsh realities that must be faced, and the serious steps that must be taken, to be able to get things headed in the right path.
- Sets insolvent banks and debtor nations in the limelight and examines that they are crippling the global economy
- On the record resources include Paul Volcker, Joseph Stiglitz, Sheila Bair, and many more bank professionals, regulators, politicians, and policymakers in america and in foreign countries
- Takes the complexness of the current situation and translates it in a manner that makes it understandable
