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In this detailed and authoritative analysis, Peter Warburton questions the authenticity of the economic and financial achievements of the West since the mid-1980s. He scrutinizes the money, debt, equity and derivative markets, exposing powerful and complex delusions at the heart of the financial system. The uncompromising conclusion to this remarkable book is that a confrontation with economic reality is unavoidable. Little time remains for personal, corporate or government preparation.
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