The Next Revolution in our Credit-Driven Economy (ePub)

Go inside the research to see the global consequences of
unethical banking

The Next Revolution in our Credit-Driven Economy: The Advent
of Financial Technology integrates market theory and practice
to help investors identify growth opportunities, and to help
regulators create a sustainable economic environment. Author Paul
Schulte, former economic analyst with the National Security
Council, draws upon his own decade-spanning research to demonstrate
how unethical banking practices provide the brute force that drives
political and economic crises worldwide. By unbundling how credit
markets work, this authoritative guide provides deep insight into
crisis avoidance and detection, successful investment climates, and
the groundwork that must be in place for policy makers to build a
sound basis for economic growth. Clear, succinct case studies
provide examples of policy and its effects on economic stability,
giving you a stronger understanding of the network of forces that
determine how loan/deposit ratios behave around the world.

Countries that lend more than they save consistently get into
trouble, with catastrophic consequences for the rich and middle
class as well as the politicians. This book shows how credit
excesses bring about price collapse in stocks, currencies, and real
estate, and provides direction for change in the context of global
economics.

* Dive deep into the mechanisms underlying the credit
markets

* Learn how unregulated borrowing leads to socioeconomic
crises

* Examine real-world policy options through global case
studies

* Discover how credit rises are best detected and avoided

An economic climate in which even the smallest hiccup can have
long-lasting consequences should be the ideal impetus for a close
scrutiny of global banking practices and economic policy. The
Next Revolution in our Credit-Driven Economy takes you behind
the scenes for a new perspective, and a more informed look at where
the world needs to begin changing.

The second half of the book will take a look at the revolution
driving financial technology. Companies in Silicon Valley and
giants like Alibaba are challenging the landscape for banking. This
has profound implications for policy makers, banks and for a new
class of entrepreneurs who are developing software which is taking
away market share from bank and challenging decades-old financial
empires. The book will explore the reasons why many global banks
remain flat-footed. It will go into detail about the new companies
and software that are moving in the Far East and with innovations
in securities, bonds, foreign exchange, retail lending and SME
lending. Lastly the book will look at the strategy behind Alibaba
and how it will challenge many companies from a powerful base
inside China.