Money Mania
Author : Bob Swarup
Publisher : Bloomsbury Publishing USA
Release Date : 2014-03-10
ISBN : 1608198421
Pages : 288 pages
Rating : 4.1/5 (198 Download)
Download Free Money Mania PDF by Bob Swarup Full Book and published by Bloomsbury Publishing USA. This book was released on 2014-03-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money Mania is a sweeping account of financial speculation and its consequences, from ancient Rome to the Meltdown of 2008. Acclaimed journalist and investor Bob Swarup tracks the history of speculative fevers caused by the appearance of new profitable investment opportunities; the new assets created and the increasing self-congratulatory euphoria that drives them to unsustainable highs, all fed by an illusion of insight and newly minted experts; the unexpected catalysts that eventually lead to panic; the inevitable crash as investors scramble to withdraw their funds from the original market and any other that might resemble it; and finally, the brevity of financial memory that allows us to repeat the cycle without ever critically evaluating the drivers of this endless cycle. In short, it is the story of what makes us human.