‘…Lynn blends financial history, politics and current affairs to tell the story of government deceit, unfettered spending, and cheap borrowing.’
—Finance & Management Faculty, October 2010.
‘The more interesting the book, the less likely you are to put it down, and I just wanted to read from beginning to end.’
—Fool.co.uk, MoneyTalk, December 2010.
‘…thrilling account of the Greek financial crisis…lively, engaging, and thought provoking…Bust, reminds us just how interconnected the world really is.’
—Hereisthecity.com, December 2010.
‘…fast-paced, entertaining and perceptive.’ (FT.com, January 2011).
In Bust: Greece, the Euro, and the Sovereign Debt Crisis, leading market commentator Matthew Lynn blends financial history, politics, and current affairs to tell 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.
Bust is a story of government deceit, unfettered spending, and cheap borrowing: a tale of financial folly to rank alongside the greatest in history. It charts Greece's rise, and spectacular fall from grace, but it also explores the global repercussions of a financial disaster that has only just begun. It explains how the Greek debt crisis spread like wildfire through the rest of Europe, hitting Ireland, Portugal, Italy, and Spain, and ultimately provoking a crisis that brought the euro to the edge of collapse. And it argues that the Greek crisis is just the start of a decade of financial turmoil that will eventually force the break up of the euro, and a massive retrenchment in the living standards of all the developed economies.
Written in a lively and entertaining style, Bust: Greece, the Euro, and the Sovereign Debt Crisis is an engaging and informative account of a country gone wrong and a must-read for anyone interested in world events and global economics.
The emphasis of this book is historical, political and financial.
An excellent deconstruction of the grandiose as well as irrational reasons for the creation of the Euro that carried all the ingredients for it's inevitable downfall.
Regardless, if your interested in the subject buy the book and enjoy.
Bom livro, conta rapidamente a historia da grecia e de sua entrada na zona do euro, vale a pena ler.Published on October 2, 2012 by Teo
This is a completely engrossing read and an excellent explanation of the financial crisis experienced by Europe in general and Greece in particular. Read morePublished on October 19, 2011 by The Peripatetic Reader
For a relatively small country, Greece has made outsized contributions to the world: mythic legends and heroes, great art and architecture, illuminating philosophers and thinkers,... Read morePublished on August 25, 2011 by Rolf Dobelli
This is the most useful book on the euro's disastrous effects. The way that governments dealt with the credit crunch (printing money and lending at 1 per cent) paved the way to the... Read morePublished on June 22, 2011 by William Podmore
This book gives an overview of the whole Eurozone situation in addition to Greece. If you want to
understand what is happening there today "Bust" is both immensely... Read more