||1 of 1 people found the following review helpful.| From an investment perspective|By fitzalling|The authors put a tremendous amount of research and effort into this book and for this I value the book. By doing so, the authors render a clear service in collecting the information presented in the book and furthering our understanding of the ubiquity, frequency and depth of financial turmoil. Regrettably, their research shows tha||Two top-notch economists provide a clear and interesting explanation of why economic crises keep occurring. Broadly speaking, downturns such as the one we are recovering from are historically associated with characteristics that should sound quite familiar to
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....
[PDF.yf16] This Time Is Different: Eight Centuries of Financial Folly Rating: 3.56 (411 Votes)
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You easily download any file type for your device.This Time Is Different: Eight Centuries of Financial Folly | Carmen M. Reinhart, Kenneth S. Rogoff. Just read it with an open mind because none of us really know.
