Next Economic Disaster

Discover the compelling insights of Richard Vague in his thought-provoking book, Next Economic Disaster, published by the University of Pennsylvania Press in 2014. In this 104-page hardback, Vague presents a powerful argument that challenges conventional economic thinking. He posits that the swift rise of private debt, rather than public spending, is the primary factor that limits economic growth and sets the stage for crises, such as the financial collapse of 2008. This essential read is perfect for anyone interested in understanding the underlying causes of economic turmoil and the implications for our financial future. Dive into Vague's analysis and gain a deeper understanding of the economic forces shaping our world today.