When Bubbles Burst: Surviving the Financial Fallout - Softcover

This is a book written for the general reader striving to understand what is going on in the crazy world at the moment. Policy makers and market participants should also find it interesting ... it is timely, arriving in a period when financial and economic history is being rewritten [.] Incidentally, there are at least nine references to Ireland in this book, which could be interpreted as good or bad. My interpretation is the latter. One should not strive to feature in a book on bubbles and how they burst.--Jim Power, chief economist with Friends First Engaging analysis of the psychology of economic bubbles- Calverley has produced a well-researched and thoughtful analysis of the current recession with detailed pathologies of previous bubbles to support his arguments.--Irish Times An investor's survival kit, When Bubbles Burst analyses the multiple crises we now face and how we got into this position, as well as exploring the anatomy of bubbles and offering a checklist for identifying when one is happening.--Sky New Business Book Club A lucid, succinct and eminently digestible piece of work which provides a steady flow of non-technical and timely insight and analysis.

John Calverley's new book is about understanding what s going on, how policy impinges on it, what investors can do and what is likely to happen. This extremely topical and timely new book from the well known economist and Head of Research, Standard Chartered Bank is the first book to examine in depth the financial fallout of 2008 and explore the implications and solutions for individuals, companies and central banks. His previous book, Bubbles and How to Survive Them predicted the current financial situation. This essential readable, non-technical guide is essential reading for everyone and particularly for investment professionals everywhere. In this new book - an investor's survival kit - he: * Outlines the crises we now face and reviews how we got here. * Looks closely at the huge housing bubbles in UK and the US, as well as those in Australia, Spain, Japan and Hong Kong. * Explores the anatomy of bubbles and presents a checklist for identifying them. * Tells the story of how the housing bubble led to the currrent financial crisis and how far prices might fall, focussing on household debt as the value of household assets collapse. * Examines strategies for investors, who must try to avoid bubbles or, more dangerously, seek them out and ride them. * Reveals what will happen next. In his original book, Bubbles and How to Survive Them John Calverley warned vigorously of the danger from the housing bubble and warned that stock prices might take off again and reach vulnerable levels (as indeed occurred in 2006-7.)