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Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we've made such a mess of our money system is explained, from the earliest banks right through to "collateralized debt obligations." The author suggests the framework for a fairer financial world: the practical ideas, required regulations, and real-life examples.
Peter Stalker is a former co-editor of the "New Internationalist "who now works as a consultant to a number of UN agencies. His books include "Workers without Frontiers: The Impact of Globalization on International Migration "and the "No-Nonsense Guide to International Migration."
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Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we've made such a mess of our money system is explained, from the earliest banks right through to "collateralized debt obligations." The author suggests the framework for a fairer financial world: the practical ideas, required regulations, and real-life examples.
Peter Stalker is a former co-editor of the "New Internationalist "who now works as a consultant to a number of UN agencies. His books include "Workers without Frontiers: The Impact of Globalization on International Migration "and the "No-Nonsense Guide to International Migration."
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