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Peter Warburton

    Die Schuldenmaschine
    Debt and Delusion
    • Debt and Delusion

      central bank follies that threaten economic disaster

      • 336 pages
      • 12 hours of reading

      In this detailed and authoritative analysis, Peter Warburton questions the authenticity of the economic and financial achievements of the West since the mid-1980s. He scrutinizes the money, debt, equity and derivative markets, exposing powerful and complex delusions at the heart of the financial system. The uncompromising conclusion to this remarkable book is that a confrontation with economic reality is unavoidable. Little time remains for personal, corporate or government preparation.

      Debt and Delusion1999