Balance sheet recession is a new and unprecedented challenge facing the global economy. This phenomenon, characterized by a massive shift in corporate behavior away from profit maximization and toward debt minimization, is causing deflation, non-performing loans, and a slowdown in economic growth.
In this groundbreaking book, we explore the causes, consequences, and potential solutions to balance sheet recession. We also discuss the global implications of this economic phenomenon and the challenges it poses to policymakers around the world.
The book is divided into three parts. The first part provides an overview of balance sheet recession and its impact on the global economy. The second part examines the role of central banks and governments in addressing balance sheet recession. The third part discusses the need for a new economic framework that is better suited to the challenges of the 21st century.
This book is essential reading for anyone who wants to understand the challenges facing the global economy and the policies that are needed to address them. It is a timely and important contribution to the debate on balance sheet recession.
Drawing on the latest research and analysis, this book provides a comprehensive and up-to-date overview of balance sheet recession. It is written in a clear and accessible style, making it accessible to a wide range of readers, including policymakers, business leaders, and students of economics.
This book is a must-read for anyone who wants to understand the challenges facing the global economy and the policies that are needed to address them. It is a timely and important contribution to the debate on balance sheet recession.
If you like this book, write a review!
