Between Debt and the Devil by Adair Turner

31/01/2023 11h 17min
Between Debt and the Devil by Adair Turner

Listen "Between Debt and the Devil by Adair Turner"

Episode Synopsis

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Title: Between Debt and the Devil
Author: Adair Turner
Narrator: Richard Lyddon
Format: mp3
Length: 11 hrs and 17 mins
Release date: 01-31-23
Ratings: 4 out of 5 stars, 1 rating
Genres: Corporate & Public Finance
Publisher's Summary:
Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low.