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Business & Economics General

Bubbles, Bankers & Bailouts

The Global Financial Crisis and How You Can Survive It

by (author) John Lawrence Reynolds

Publisher
Douglas & McIntyre
Initial publish date
Jun 2024
Category
General
  • Paperback / softback

    ISBN
    9781553653196
    Publish Date
    Feb 2009
    List Price
    $14.95
  • Paperback / softback

    ISBN
    9781998444038
    Publish Date
    Jun 2024
    List Price
    $22.95

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Description

It arrived like an unpredicted midnight storm -- one day political leaders were praising Canada's strong economy, and the next day, they declared the country -- indeed the entire world -- had slipped into a deep recession.

 

How could such financial devastation occur so widely and rapidly? Who were these entities named Fannie Mae and Freddie Mac, and why should their actions affect us in Canada? What caused a massive insurance company to declare losses of hundreds of billions of dollars? Where will it end -- at your workplace, your doorstep, or your savings account and RRSP?

 

Bubbles, Bankers & Bailouts addresses these concerns in a direct, informative and often wry manner. Employing an entertaining narrative followed by a comprehensive Q&A format, Bubbles, Bankers & Bailouts cuts through business jargon and over-hyped commentary to deal with serious issues such as: How safe is my job? Where will it end? What can I do to protect my financial situation? Why is this changing international finance forever? Will it affect Canada less than other countries? Or more than them?

About the author

John Lawrence Reynolds has had thirty works of fiction and nonfiction published. His work has earned two Arthur Ellis Awards for Best Mystery Novel, a National Business Book Award, and a CBC Bookie Award. His bestselling book Shadow People, tracing the development and influence of secret societies through history, was published in fourteen countries and twelve languages. He has also authored several business and investment books, including the bestselling The Naked Investor and its sequel, The Skeptical Investor, as well as his assessment of the 2008-2009 global financial crisis, Bubbles, Bankers & Bailouts. A Murder for Max is his first book in the Maxine Benson Mystery series. He lives in Burlington, Ontario, with his wife, Judy. For more information, visit www.wryter.ca.

John Lawrence Reynolds' profile page

Editorial Reviews

"It's a slim tome of 122,000 words and uses a simple question-and-answer format, ranging from 'What the heck happened?' to 'What will happen with the stock market?'...All in all, a concise non-hysterical assessment of where we've come and some sensible suggestions on how to ride out the rest of the storm."

Vancouver Sun

"[John Lawrence Renolds] is realistic and in places amusing as he tries to synthesize into a 'big picture' what the mass media have been throwing at us piecemeal every day sine the crisis began."

National Post

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