The penguin german phrasebook
Фото - F. S. Fitzgerald The Last Tycoon & The Vegetable the penguin german phrasebook

F. S. Fitzgerald The...

F.S.Fitzgerald was an American writer, whose works illustrate the Jazz...

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Фото - Maigret and the Old People the penguin german phrasebook

Maigret and the Old...

Maigret is called to the home of Armand de Saint-Hilaire, a highly res...

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Фото - Dostoevsky F. The House of the Dead /The Gambler the penguin german phrasebook

Dostoevsky F. The Ho...

Translated by Constance Garnett With an introduction by A. D. P. Brigg...

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Фото - The Massacre of Mankind: Authorised Sequel to The War of the Worlds the penguin german phrasebook

The Massacre of Mank...

It has been 14 years since the Martians invaded England. The world has...

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Фото - Impatience of the Heart the penguin german phrasebook

Impatience of the He...

The great Austrian writer Stefan Zweig was a master anatomist of the d...

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Фото - Antonio Castagna FX Options and Smile Risk the penguin german phrasebook

Antonio Castagna FX...

The FX options market represents one of the most liquid and strongly c...

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Фото - Alex Callinicos Bonfire of Illusions. The Twin Crises of the Liberal World the penguin german phrasebook

Alex Callinicos Bonf...

Something dramatic happened in the late summer and autumn of 2008. The...

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Фото - Hossein Kazemi Alternative Investments. CAIA Level I the penguin german phrasebook

Hossein Kazemi Alter...

The official CAIA Level 1 curriculum book Alternative Investments: CAI...

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Фото - Rouble Nationalization – the Way to Russia's Freedom the penguin german phrasebook

Rouble Nationalizati...

Unrestrained issuing of money backed by nothing has been the dream of...

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Фото - Chongmin Song The Scaled Boundary Finite Element Method. Introduction to Theory and Implementation the penguin german phrasebook

Chongmin Song The Sc...

An informative look at the theory, computer implementation, and applic...

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Фото - Tulio Otero M. Essentials of CAS2 Assessment the penguin german phrasebook

Tulio Otero M. Essen...

The definitive guide to the latest edition of the Cognitive Assessment...

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Фото - Richard Koo C. The Escape from Balance Sheet Recession and the QE Trap. A Hazardous Road for the World Economy the penguin german phrasebook

Richard Koo C. The E...

Compare global experiences during the balance sheet recession and find...

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Фото - Richard Goldberg The Battle for Wall Street. Behind the Lines in the Struggle that Pushed an Industry into Turmoil the penguin german phrasebook

Richard Goldberg The...

An insider's look at the changing balance of power on Wall Street The...

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Фото - Frances Hesselbein Hesselbein on Leadership the penguin german phrasebook

Frances Hesselbein H...

The woman BusinessWeek called the «grande dame of American management»...

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Фото - Philip Hughes The Ice Age the penguin german phrasebook

Philip Hughes The Ic...

This book provides a new look at the climatic history of the last 2.6...

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Фото - Pesenson Misha Meyer Multiscale Analysis and Nonlinear Dynamics. From Genes to the Brain the penguin german phrasebook

Pesenson Misha Meyer...

Since modeling multiscale phenomena in systems biology and neuroscienc...

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Для информации:

Compare global experiences during the balance sheet recession and find out what is needed for a full recovery The Escape from Balance Sheet Recession and the QE Trap details the many hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Author and leading economist Richard Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. Koo anticipated the current predicament in the West long before others and issued warnings in his previous books: Balance Sheet Recession and The Holy Grail of Macroeconomics. This new book illustrates how history is repeating itself in Europe while the United States, which learnt from the Japanese experience, is doing better by avoiding the fiscal cliff. However, because of the liberal dosage of quantitative easing already implemented, the United States, the United Kingdom, and Japan may face a treacherous path to normalcy in what Koo calls the QE Trap. He argues that it is necessary to understand balance sheet recession in order to resolve the Eurozone crisis, particularly the competitiveness problems. Koo issues warnings against those who are too ready to argue for structural reforms when the problems are actually with balance sheets. He re-examines Japan's two decades of experiences with this rare recession and offers an insider view on the Abenomics. On China, readers will gain a very different historical perspective as Koo argues that western commentators have forgotten their own history when they talk about the re-balancing of the Chinese economy. Learn from Japan which experienced the same predicament afflicting the West fifteen years earlier Discover how unwinding of quantitative easing will affect the United States, the United Kingdom, Japan, as well as the emerging world Examine solutions to the Eurozone problems caused by two balance sheet recessions eight years apart Gain insight into China's problems from the West's own experiences with urbanisation Koo, who developed the concept of balance sheet recession based on Japan's experience, took the revolution in macroeconomics started by John Maynard Keynes in 1936 to a new height. The Escape from Balance Sheet Recession and the QE Trap offers the world cure for balance sheet recession.