Tug of War by Na Na
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Tug of War
By Na Na

Tug of War

Today's Global Currency Crisis

By (author) See other recent books by Na Na
Format: Paperback

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Tug of War by Na Na

Book Description

In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: Why You Should Care About the Global Currency Crisis is the riveting story of this flow of money around the globe and what it means for us today.In 1991, the Mexican government tied the value of the peso to the dollar. As the peso slid and almost vanished, the fortunes of the dollar waned. Investors around the world, especially the Japanese, lost confidence in the dollar, creating a soaring yen and dragging down the value of the dollar even more. Subsequent events in the world currency markets pulled the dollar in even more directions: rogue traders lost billions on bad deals; the European Union began determining the value of its own currency; Japanese banks admitted enormous, previously concealed, losses. The tug of war continued. Paul Erdman, as well-known for his ability to predict financial markets as for his ability to write a suspenseful story, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions about the future, and offers advice to market masters on the direction they should pursue. Significantly updated for this paperback edition, Tug of War, as compelling as any novel, is certain to be one of the most important financial books of this or any other year. Readers will not want to be left out when Erdman predicts the winner in this economic battle.

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Book Details

ISBN: 9780312159009
ISBN-10: 0312159005
Format: Paperback
(235mm x 155mm x 14mm)
Pages: 220
Imprint: St Martin's Press
Publisher: St Martin's Press
Publish Date: 1-Jan-1920
Country of Publication: United States

Books By Author Na Na

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To celebrate its 100th issue, The FR Collective revisits Avtar Brah's groundbreaking 1999 article 'The Scent of Memory'. Members of the collective and contributors including Stuart Hall, Ann Phoenix, Suki Ali and Nira Yuval-Davis address contemporary issues of racialisation, whiteness, community cohesion and the recent UK riots.

Majestic Bible Tabs Lavender by Na Na Majestic Bible Tabs Lavender, Hardback (April 2009)

Lavender foil edge mark your pages with style. Majestic Bible Tabs make learning easy and enhance your study time. Tabs are precut, self-adhesive, permanent and are printed on both sides. Quick and easy instructions and placement guide are included.

» View all books by Na Na


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Author Biography - Na Na

Paul Erdman is the bestselling author of Paul Erdman's Money Book, The Silver Bears, Zero Coupon, and The Swiss Account.

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