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>This Time Is Different: Eight Centuries of Financial Folly in Review in Description : Paperback. Pub Date :2011-07-18 Pages: 512 Language: English Publisher: Princeton University Press Throughout history. rich and poor countries alike have been lending. borrowing. crashing - and recovering - their way through an extraordinary range of financial crises. Each time. the experts have chimed. this time is different - claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study. leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents. This Time Is Different presents a comprehensive look at the varieties of financial crises. and guides us through eight astonishing centuries of government defaults. banking panics. and inflationary spikes - from medieval currency debasements to todays subprime c...
This Time Is Different: Eight Centuries of Financial Folly in Review : This book is incredible, you have never been so frightened reading a book and yet so riveted that you couldn't stop reading. Read or download it, you won't be disappointed.