The financial crisis brought the world to the brink of economic breakdown. But now bankers’ bonuses are back, house prices are rising again and politicians promise recovery – all this while unemployment remains high, debts mount, frictions with China grow and the planet overheats.
Is this really sustainable – or do we need to change course?
In this incisive assessment of the post-crisis world, I look at what went wrong, and how to learn from past mistakes. Reporting first-hand from around the world – frozen Iceland, anxious America and Australia, invigorated India, bubbly Brazil and futuristic Shanghai – as well as from Britain, it combines expert analysis with provocative opinion to warn of the dangers ahead.
- What are the risks of another housing bubble and financial crisis?
- What should governments do about their huge deficits and debts?
- Where will future growth come from?
- How should we respond to the rise of China and other emerging economies?
- What should we do about climate change?
Wide-ranging, brilliant and impassioned, Aftershock could not be more timely. While making an urgent call for reform, it presents the tantalising opportunities for a fairer, safer, richer and greener world that are well within our reach, if we care to grasp for them.
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