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Description - Bust by Matthew Lynn

In 2001, Greece saw its application for membership into the
Eurozone accepted, and the country sat down to the greatest free
lunch in economic history. However, the coming years of global
economic prosperity would lead to unrestrained spending, cheap
borrowing, and a failure to implement financial reform, leaving the
country massively exposed to a financial crisis?which duly
struck.
In Bust: Greece, the Euro, and the Sovereign Debt Crisis,
Bloomberg columnist Matthew Lynn explores Greece's spectacular rise
and fall from grace and the global repercussions of its financial
disaster. Page by page, he provides a thrilling account of the
Greek financial crisis, drawing out its origins, how it escalated,
and its implications for a fragile global economy. Along the way,
Lynn looks at how the Greek contagion has spread like wildfire
throughout Europe and explores how government ineptitude as well as
financial speculators compounded the problem.
Blending financial history, politics, and current affairs, Lynn
skillfully tells the story of how one nation rode the wave of
economic prosperity and brought a continent, a currency, and,
potentially, the global financial system to its knees. Lively,
engaging, and thought provoking, Bust reminds us just how
interconnected the world really is.

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Book Details

ISBN: 9780470976111
ISBN-10: 047097611X
Format: Hardback
(237mm x 163mm x 26mm)
Pages: 288
Imprint: John Wiley & Sons Ltd
Publisher: John Wiley and Sons Ltd
Publish Date: 17-Dec-2010
Country of Publication: United Kingdom

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Author Biography - Matthew Lynn

MATTHEW LYNN is an experienced financial writer and commentator. He is a business and economics commentator for Bloomberg Television, a columnist for Bloomberg News , as well as MoneyWeek in the UK, and a regular contributor to the Spectator magazine in London. Before that, Lynn worked for the Sunday Times in London for ten years as a business writer and columnist. As Matt Lynn, he is also the author of the Death Force series of military thrillers published by Hodder Headline.

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