Wiley VCH Verlag, 250 pages, April 2013
In the fairy tale The Emperor’s New Clothes, nobody dares to tell the powerful emperor that he is actually naked. Right now, the Western world is just as naked. Like the emperor and his court, it refuses to face reality, namely that debt cannot continue to grow faster than revenues. We are bankrupt, but don’t want to admit it. Rather than tackle the problem at its root, we fight it with more debt and half-baked legislative measures. This only worsens the damage. Can we hope for a happy ending, or are we condemned to disaster? Will we face rampant inflation or a new world economic crisis? How much will it cost us all?
The core message of the book is also summarised in the English-language essays ‘The Emperor is Naked, Parts I and II’, published in The European Financial Review in May and June 2013.
‘The Emperor Is Naked: Why There is No More Time for Conventional Solutions to Get Out of the Debt Crisis, Part 1’ (language: English)
Daniel Stelter, Ralf Berger, Veit Etzold, Dirk Schilder:
The European Financial Review, May 2013 pdf
‘The Emperor is Naked – How to get out of the debt crisis? Part 2: Can we solve the problem with unconventional measures?’ (language: English)
Daniel Stelter, Ralf Berger, Veit Etzold, Dirk Schilder:
The European Financial Review, July 2013 pdf
Dipl.-Kfm. Brigitte Siegert,
Management Prof. Dr. Veit Etzold
Phone: +49 (0)30 3974 3667
Mail:
2021 © All Rights Reserved. | Legal Notice | Privacy Policy