View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
February 23, 2010

Countdown to Catastrophe

By Spear's

Stephen’s new book is out now and available through the Spear’s website.

Stephen’s new book, Countdown to Catastrophe, about the origins of the financial crisis, its future direction and how we can avoid the titular catastrophe, is out now and available through the Spear’s website. To order a copy (priced £20, including postage), email josh.spero@spearswms.com.

The book, written in Stephen’s customarily vivid and witty style, which he has been applying to Spear’s leaders since we launched, opens by mocking professional economists and those in high places who did not see the global crunch coming over the horizon. Stephen posed the questions six months before the collapse of Bear Stearns and Northern Rock: ‘Have the central bankers lost control?’

The man-made seeds of the global crunch were sown back in the 1970s, were nourished throughout the 1980s and were actively encouraged in the 1990s until the banking system and its shadow sizzles in 2007 and then exploded in 2008.

The second half explores the regulatory failure and what should be done to restore economic order in the future, with proposals that go far beyond the current debates concerning law, banking and the limits of modern regulation.

Then, in an exclusive interview with the great Adam Smith himself, the latter points to the potential natural fault-line in modern capitalism that was the real cause of the global crunch around the world, as he quotes some oft-forgotten principles from The Wealth of Nations.

This edition will appeal as much to professional economists as to members of the general public seeking some explanation of what the hell is going on and what is likely to happen next.

Content from our partners
Why investors should consider investing in nature
HSBC Global Private Banking: Revisiting your wealth plan as uncertainty abounds
Proposed non-dom changes put HNW global mobility in the spotlight

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network