Reviews: Bust (1)
“Bust: Greece and the Euro”
(Hardback)
Matthew Lynn successfully blends financial history, politics, and current affairs in a book that is as much about the Euro, and the EU, as it is about Greece’s current financial state.
The book is aimed at readers who are interested in current affairs and economics, and who want a better understanding of the whole Euro project, how it got to be in the mess that it is, and what might happen next.
Clearly Lynn is no fan of the Euro, and sets out a well-reasoned argument as to how a currency union for such diverse economies was bound to end in tears.
The book is not entirely focused on Greece, but also talks about Spain, Ireland, the UK, Germany, and other European countries, and illustrates just how interconnected national economies are today.
Lynn explains how government manipulation, cheap borrowing, unrestrained spending, and poorly regulated financial markets, have helped create the worst financial crisis to hit Europe since WW2.
I feel the book would have benefited from discussing more about what the EU could do to reform the Euro, rather than just dismissing it entirely.
Matthew Lynn is an experienced financial writer, who is a business and economics columnist for Bloomberg News, Moneyweek, and a contributor to the Spectator.
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Bust: Greece, the Euro and the Sovereign Debt Crisis
Non-Fiction, Business, Finance & Law, Finance & Accounting, Economics, Education
Matthew Lynn (author)
Hardback Published on: 17/12/2010
Price: £18.99

