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The next economic disaster : why it's coming and how to avoid it / Richard Vague.

By: Vague, Richard [author.].
Philadelphia, Pennsylvania : University of Pennsylvania Press, ©2014Description: 91 pages : illustrations ; 23 cm.ISBN: 9780812247046.Subject(s): Debt | Economic forecasting | Financial crises | Investments | Loans | United States -- Economic conditions -- 2009-Genre/Form: Print books.
Contents:
1. Boom and crisis. The centrality of private debt ; Tripwire: rapid private debt growth ; The long-term trend to higher debt ; Testing the thesis on all major economics ; Stages of crisis ; China and Japan -- 2. The deleveraging challenge. Deleveraging in the United States and Japan ; Crisis prevention and recovery ; Restoring growth ; Recommendations for China and beyond -- 3. The long-term view. The bigger picture: our future debt challenge ; A reform agenda.
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Includes bibliographical reference (pages 89-91).

1. Boom and crisis. The centrality of private debt ; Tripwire: rapid private debt growth ; The long-term trend to higher debt ; Testing the thesis on all major economics ; Stages of crisis ; China and Japan -- 2. The deleveraging challenge. Deleveraging in the United States and Japan ; Crisis prevention and recovery ; Restoring growth ; Recommendations for China and beyond -- 3. The long-term view. The bigger picture: our future debt challenge ; A reform agenda.

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