The Impoverishment of Nations (Paperback)

From the Publisher: Early in 2007 Leigh Skene warned of the danger of a meltdown in global markets. Now, while governments spend furiously to rescue the global economy, he again challenges received wisdom. In The Impoverishment of Nations, Skene prescribes a different solution, outlining a plan to deal with a very different economic future, following the financial crisis that ended the longest period of prosperity for some five hundred years. “If we had listened to Leigh Skene's warnings before the crash we might have avoided the worst of the financial meltdown. Now with this book he warns us that our recovery is way off course—that economies are weaker than people think, that populist solutions do not work and that the west should not expect to be rescued by the emerging economies. His stark message—that big government makes things worse—is one which should be heeded by politicians, financiers and most of all by ordinarty voters.”—Anthony Hilton Leigh Skene is an independent economic consultant specializing in financial markets.