Next Revolution in our Credit-Driven Economy

Go inside the research to see the global consequences ofunethical banking The Next Revolution in our Credit-Driven Economy: The Adventof Financial Technology integrates market theory and practiceto help investors identify growth opportunities, and to helpregulators create a sustainable economic environment. Author PaulSchulte, former economic analyst with the National SecurityCouncil, draws upon his own decade-spanning research to demonstratehow unethical banking practices provide the brute force that drivespolitical and economic crises worldwide. By unbundling how creditmarkets work, this authoritative guide provides deep insight intocrisis avoidance and detection, successful investment climates, andthe groundwork that must be in place for policy makers to build asound basis for economic growth. Clear, succinct case studiesprovide examples of policy and its effects on economic stability,giving you a stronger understanding of the network of forces thatdetermine how loan/deposit ratios behave around the world. Countries that lend more than they save consistently get intotrouble, with catastrophic consequences for the rich and middleclass as well as the politicians. This book shows how creditexcesses bring about price collapse in stocks, currencies, and realestate, and provides direction for change in the context of globaleconomics. * Dive deep into the mechanisms underlying the creditmarkets * Learn how unregulated borrowing leads to socioeconomiccrises * Examine real-world policy options through global casestudies * Discover how credit rises are best detected and avoided An economic climate in which even the smallest hiccup can havelong-lasting consequences should be the ideal impetus for a closescrutiny of global banking practices and economic policy. TheNext Revolution in our Credit-Driven Economy takes you behindthe scenes for a new perspective, and a more informed look at wherethe world needs to begin changing. The second half of the book will take a look at the revolutiondriving financial technology. Companies in Silicon Valley andgiants like Alibaba are challenging the landscape for banking. Thishas profound implications for policy makers, banks and for a newclass of entrepreneurs who are developing software which is takingaway market share from bank and challenging decades-old financialempires. The book will explore the reasons why many global banksremain flat-footed. It will go into detail about the new companiesand software that are moving in the Far East and with innovationsin securities, bonds, foreign exchange, retail lending and SMElending. Lastly the book will look at the strategy behind Alibabaand how it will challenge many companies from a powerful baseinside China.