Crashed: How a Decade of Financial Crises Changed the World

In September 2008 the Great Financial Crisis, triggered by the collapse  of Lehman brothers, shook the world. A decade later its spectre still  haunts us. As the appalling scope and scale of the crash was revealed,  the financial institutions that had symbolised the West's triumph since  the end of the Cold War, seemed - through greed, malice and incompetence  - to be about to bring the entire system to its knees.

 

Crashed is  a brilliantly original and assured analysis of what happened and how we  were rescued from something even worse - but at a price which continues  to undermine democracy across Europe and the United States. Gnawing  away at our institutions are the many billions of dollars which were  conjured up to prevent complete collapse. Over and over again, the end  of the crisis has been announced, but it continues to hound us - whether  in Greece or Ukraine, whether through Brexit or Trump. Adam Tooze  follows the trail like no previous writer and has written a book  compelling as history, as economic analysis and as political horror  story.