Globalisation Fractures [rare books] by Charles Dumas

BOOK SUMMARY

"Globalisation Fractures" by Charles Dumas explores the global financial crisis and its roots in globalization. Here's a summary:

Key Points
- Eurasian Savings Glut: Dumas identifies the Eurasian Savings Glut as a primary cause of the crisis, which led to excessive US mortgage borrowing.
- Globalization's Dark Side: The book highlights the conflicts and imbalances inherent in globalization, which contributed to the crisis.
- Multiple Causes: Dumas argues that the crisis resulted from a combination of factors, including policy mistakes, borrower and lender behavior, and global economic interactions

ABOUT THE AUTHOR

Charles Dumas is an economist and author known for his insightful analysis of global economic trends and financial markets.

Expertise
- Global Economics: Dumas has expertise in global economics, with a focus on international trade, finance, and economic policy.
- Financial Markets: He has experience in analyzing financial markets, including the impact of economic trends on market performance.