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Adam Tooze

Crashed

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From a prizewinning economic historian, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today.
In September 2008 President George Bush could still describe the financial crisis as an incident local to Wall Street. In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.
It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes:…
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  • Дмитрий Безугловцитує2 роки тому
    In the Maidan demonstrations of the winter of 2013–2014 Ukrainians enthusiastically waved the blue banner of the EU. After the grinding battles of the eurozone it was something of a relief for Europe to be celebrated by anyone anywhere.
  • Дмитрий Безугловцитує2 роки тому
    he Russia that emerged from the Ukraine clash was above all a nationalist regime whose citizens were called upon to pay whatever price was necessary for their nation’s reemergence on the global stage. It was tough, but it was a role that came easily.
  • Дмитрий Безугловцитує2 роки тому
    losses the banks incurred would bankrupt the Irish state. They would become the telltale link connecting the banking crisis of 2008 to the eurozone sovereign debt crises of 2010.

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