Items related to Whoops!: Why Everyone Owes Everyone and No One Can...
There's probably a word in German for that feeling you get when you can understand something while it's being explained to you, but lose hold of the explanation as soon as it stops. A lot of writing about the credit crunch has that effect: you can grasp it while it's going on, and then as soon as it's over, you can no longer remember the difference between a CDO, a CDS, an MBS, and a toasted cheese sandwich. Whoops! makes it possible for all of us to grasp how we found ourselves in this predicament.
What went wrong? In 2000, the total GDP of Earth was $36 trillion. At the start of 2007 it was $70 trillion. Today that growth has gone suddenly and sharply into decline, with an effect roughly resembling that of putting a car into reverse while doing seventy down a motorway.
John Lanchester travels with a cast of characters - including reckless banksters, snoozing regulators, complacent politicians, predatory lenders, credit-drunk spendthrifts, and innocent bystanders to understand deeply and genuinely what is happening and why we feel the way we do.
"synopsis" may belong to another edition of this title.
Product Description:
Whoops! We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans? This book tells the true story of the economic crisis. Full description
Review:
This is what George Bernard Shaw might have called An Intelligent Person's Guide to the Crisis of Modern Capitalism, and everyone ought to read it (Robert Harris, Sunday Times)
Original . . . beautifully written . . . both entertaining and profoundly anger-inducing (Chris Blackhurst, Evening Standard)
The route map to the crazed world of contemporary finance we have all been waiting for. John Lanchester's superb book is everything its subject - the 2008 crash - was not: namely lucid, beautifully contrived, comprehensible to the reader with no specialist knowledge - and most of all devastatingly funny (Will Self)
Wickedly funny . . . Good humor and good company will be the things that'll get us through (Dwight Garner, New York Times)
Endlessly witty, but the wit is underpinned by a tremendous, unembarrassed anger and moral lucidity. A superb guide which will turn any reader into an expert within the space of 200 pages. (Jonathan Coe)
Explains the madness of modern capitalism with razor-sharp insight, brilliant clarity and a refreshing dose of humour. A great book. (John O'Farrell)
Scarier than Thomas Harris (Nicci French)
John Lanchester's newfound mission: to explain the world of finance to the general public . . . The result is the perfect read for anyone still wondering what went wrong and why. Unless you'd rather they didn't know (Bloomberg)
Literary and profound . . . a master explainer with an excellent grasp of sophisticated finance (Christopher Caldwell, The Daily Beast)
Acidic, frightening, and sharply funny . . . a better book about the global meltdown than any other to date (EW.com)
Original . . . beautifully written . . . both entertaining and profoundly anger-inducing (Chris Blackhurst, Evening Standard)
The route map to the crazed world of contemporary finance we have all been waiting for. John Lanchester's superb book is everything its subject - the 2008 crash - was not: namely lucid, beautifully contrived, comprehensible to the reader with no specialist knowledge - and most of all devastatingly funny (Will Self)
Wickedly funny . . . Good humor and good company will be the things that'll get us through (Dwight Garner, New York Times)
Endlessly witty, but the wit is underpinned by a tremendous, unembarrassed anger and moral lucidity. A superb guide which will turn any reader into an expert within the space of 200 pages. (Jonathan Coe)
Explains the madness of modern capitalism with razor-sharp insight, brilliant clarity and a refreshing dose of humour. A great book. (John O'Farrell)
Scarier than Thomas Harris (Nicci French)
John Lanchester's newfound mission: to explain the world of finance to the general public . . . The result is the perfect read for anyone still wondering what went wrong and why. Unless you'd rather they didn't know (Bloomberg)
Literary and profound . . . a master explainer with an excellent grasp of sophisticated finance (Christopher Caldwell, The Daily Beast)
Acidic, frightening, and sharply funny . . . a better book about the global meltdown than any other to date (EW.com)
"About this title" may belong to another edition of this title.
- PublisherAllen Lane
- Publication date2010
- ISBN 10 1846143225
- ISBN 13 9781846143229
- BindingPaperback
- Number of pages240
- Rating
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ISBN 13: 9781846143229
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