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AFTER THE PANIC - SURVIVING BAD INVESTMENTS AND BAD ADVICE by Gareth Morgan

Everyone knows the world's financial markets are in a mess at the moment. Panic has ravaged the savings and investment scene, and the global banking system is teetering on the brink.

The scale of wealth destruction has been immense, and many Kiwi mum-and-dad investors have seen their hard-won savings decimated.

But every recession has a silver lining, and this one is no exception. It's harder to hide dubious practices in a harsh economic climate, so in draining liquidity from the swamp all sorts of things have come into view.

In this explosive, uncompromising book, economist and commentator Gareth Morgan wades into this mess, gumboots and all. He scrutinises the present crisis - how it started, how it got bad so quickly - and describes the conditions necessary for recovery. He shows how an unhappy coincidence of regulatory negligence and institutionalised greed has conspired to set back the retirement plans of thousands of ordinary Kiwi investors by years, if not decades. And although we've become accustomed to vague rumours and faint innuendo concerning dodgy dealing in the financial services sector, Morgan is characteristically unafraid to name names. Forwarned is forearmed: Morgan equips Kiwi investors with the tools they'll need to make smarter, financially literate choices in the days ahead.

Soft-cover (253 pages)
Public Interest Publishing, 2009
Like new condition
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  • Seller location: Kapiti, Wellington, NZ

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