Tug of war today's global currency crisis
In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: T...
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| Format: | Buch |
| Sprache: | English |
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New York
St. Martin's Press
1996
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| Ausgabe: | 1. ed. |
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| 520 | 3 | |a In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: Today's Global Currency Crisis is the riveting story of this flow of money around the globe and what it means for us today | |
| 520 | |a In 1991, the Mexican government tied the value of the peso to the dollar. As the peso slid and almost vanished, the fortunes of the dollar waned. Investors around the world, especially the Japanese, lost confidence in the dollar, creating a soaring yen and dragging down the value of the dollar even more. Subsequent events in the world currency markets pulled the dollar in even more directions: rogue traders lost billions on bad deals; the European Union began determining the value of its own currency; Japanese banks admitted enormous, previously concealed, losses. The tug of war continued. Paul Erdman, as well-known for his ability to predict financial markets as for his ability to write a suspenseful story, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions about the future, and offers advice to market masters on the direction they should pursue | ||
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| spelling | Erdman, Paul 1932-2007 Verfasser (DE-588)105470120 aut Tug of war today's global currency crisis Paul Erdman 1. ed. New York St. Martin's Press 1996 VIII, 173 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: Today's Global Currency Crisis is the riveting story of this flow of money around the globe and what it means for us today In 1991, the Mexican government tied the value of the peso to the dollar. As the peso slid and almost vanished, the fortunes of the dollar waned. Investors around the world, especially the Japanese, lost confidence in the dollar, creating a soaring yen and dragging down the value of the dollar even more. Subsequent events in the world currency markets pulled the dollar in even more directions: rogue traders lost billions on bad deals; the European Union began determining the value of its own currency; Japanese banks admitted enormous, previously concealed, losses. The tug of war continued. Paul Erdman, as well-known for his ability to predict financial markets as for his ability to write a suspenseful story, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions about the future, and offers advice to market masters on the direction they should pursue Change - Administration ram Change ram Valutabeleid gtt Valutamarkt gtt Foreign exchange Foreign exchange administration Internationale Währungspolitik (DE-588)4162061-6 gnd rswk-swf Währungspolitik (DE-588)4064152-1 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Währungspolitik (DE-588)4064152-1 s DE-604 Internationale Währungspolitik (DE-588)4162061-6 s |
| spellingShingle | Erdman, Paul 1932-2007 Tug of war today's global currency crisis Change - Administration ram Change ram Valutabeleid gtt Valutamarkt gtt Foreign exchange Foreign exchange administration Internationale Währungspolitik (DE-588)4162061-6 gnd Währungspolitik (DE-588)4064152-1 gnd |
| subject_GND | (DE-588)4162061-6 (DE-588)4064152-1 (DE-588)4078704-7 |
| title | Tug of war today's global currency crisis |
| title_auth | Tug of war today's global currency crisis |
| title_exact_search | Tug of war today's global currency crisis |
| title_full | Tug of war today's global currency crisis Paul Erdman |
| title_fullStr | Tug of war today's global currency crisis Paul Erdman |
| title_full_unstemmed | Tug of war today's global currency crisis Paul Erdman |
| title_short | Tug of war |
| title_sort | tug of war today s global currency crisis |
| title_sub | today's global currency crisis |
| topic | Change - Administration ram Change ram Valutabeleid gtt Valutamarkt gtt Foreign exchange Foreign exchange administration Internationale Währungspolitik (DE-588)4162061-6 gnd Währungspolitik (DE-588)4064152-1 gnd |
| topic_facet | Change - Administration Change Valutabeleid Valutamarkt Foreign exchange Foreign exchange administration Internationale Währungspolitik Währungspolitik USA |
| work_keys_str_mv | AT erdmanpaul tugofwartodaysglobalcurrencycrisis |