MRP: ₹2198
₹1794
₹ 404 Off
(Incl. of all taxes)
Qty
Buying in bulk?
In stock
Deliver to
- 7-day returns
- Secure payment
- International shipping
- Carefully packed
Get this at ₹ 1704Extra 5% OffAdd items worth ₹999 to the cart & get extra 5% off
Get this at ₹ 1615Extra 10% OffAdd items worth ₹1499 to the cart & get extra 10% off
Book Summary
In July 2007, the combination of a seemingly unstoppable rise in house prices
and bullish banks swimming in liquidity meant that almost anyone could get a
mortgage in the UK or US. Little more than a month later the supply of credit
dried up practically overnight, leaving the world wondering how bank liquidity
could suddenly vanish. In "Financial Alchemy in Crisis," Anastasia Nesvetailova
shows that this liquidity never actually existed. The rise of sophisticated
financial instruments created what appeared to be an abundance of liquid funds
but was in fact a credit pyramid. As soon as house prices stopped rising the
reality was exposed. Nesvetailova's bold and
- ISBN-13
- 9780745328775
- Language
- English
- Binding
- Paper Back
- Publisher
- Pluto Press
- Publishing Date
- 2010-07-07
- Total Pages
- 144
Financial Alchemy In Crisis: The Great Liquidity Illusion
Frequently bought together
Total for 3 items₹1920₹2338You save ₹418
Product Specifications
Book Summary
In July 2007, the combination of a seemingly unstoppable rise in house prices
and bullish banks swimming in liquidity meant that almost anyone could get a
mortgage in the UK or US. Little more than a month later the supply of credit
dried up practically overnight, leaving the world wondering how bank liquidity
could suddenly vanish. In "Financial Alchemy in Crisis," Anastasia Nesvetailova
shows that this liquidity never actually existed. The rise of sophisticated
financial instruments created what appeared to be an abundance of liquid funds
but was in fact a credit pyramid. As soon as house prices stopped rising the
reality was exposed. Nesvetailova's bold and
Book Specifications
- ISBN-13
- 9780745328775
- Language
- English
- Binding
- Paper Back
- Publisher
- Pluto Press
- Publishing Date
- 2010-07-07
- Total Pages
- 144