{"product_id":"9780133133745","title":"Europe's Financial Crisis: A Short Guide to How the Euro Fell Into Crisis and the Consequences for the World","description":"Will the Euro survive? Where is the European financial crisis headed? What will it mean for global and US markets? In this short book, internationally respected \u003ci\u003eFinancial Times\u003c\/i\u003e journalist John Authers illuminates today's European financial crisis and the massive forces increasingly buffeting world and US economies. Authers explains why a strong recovery remains far away, why the risk of a disastrous \"final\" crisis remains terrifyingly real, and how investors can best navigate today's brutally challenging markets. \u003ci\u003eThe European Financial Crisis \u003c\/i\u003ereveals why the 2010\/2011 market rallies were so fearful, and why their underlying assumptions -- continued Chinese growth, bailouts, progress towards bank solvency, more easy \"Fed\" money -- have proven so tenuous. Above all, Authers shows how the Eurozone crisis uncovers today's worst unaddressed risk: the markets' loss of confidence in governments. This brief discussion offers  insights into underlying flaws in the banking system and the Eurozone's structure that remain unaddressed; how cheap money and bailouts have bought time that is rapidly running out; and the increasingly frightening signs of \"perverse synchronization\": forex, equity, credit, and commodity markets massively moving in tandem. He also offers specific recommendations for what policymakers can and must do now to restore the long-term health of the global markets.","brand":"Pearson Education","offers":[{"title":"Default Title","offer_id":47108781244656,"sku":"9780133133745","price":14.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780133133745_p0.jpg?v=1763641581","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780133133745","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}