En perfekt storm - Hur staten, kapitalet och du och jag sänkte världsekonomin (A Perfect Storm, how the State, Capital, you and I sunk the global economy.) Johan Norberg

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En perfekt storm - Hur staten, kapitalet och du och jag sänkte världsekonomin (A Perfect Storm, how the State, Capital, you and I sunk the global economy.)  by  Johan Norberg

En perfekt storm - Hur staten, kapitalet och du och jag sänkte världsekonomin (A Perfect Storm, how the State, Capital, you and I sunk the global economy.) by Johan Norberg
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A perfect storm is a series of weather occurrences that individually are not devastating but put together they create a catastrophic storm. The global financial crisis is such a perfect storm. The American dream of owning your own house, low interestMoreA perfect storm is a series of weather occurrences that individually are not devastating but put together they create a catastrophic storm. The global financial crisis is such a perfect storm. The American dream of owning your own house, low interest rates, new financial instruments and a clumsy regulatory framework created these storms.

Now the monster waves are sinking the largest banks and wind shears tear apart classic industrial conglomerates.Johan Norberg tells the story about of how so many people could make such poor decisions leading to such fatal consequences. It is a story that also looks at how politicians and authorities at every stage in the game helped to make the bubble larger and collapse deeper. There is much talk of a crisis of capitalism, but we have to an even greater extent a crisis of politics and the State.The English edition will be available in the summer of 2009.



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