Boom and Bust: Rise and Fall of the World's Financial Markets by Christopher Wood
Wood explains why the financial world has prospered in the 1980s and predicts that it will collapse and be felt by everyone. He describes why the end of financial fever will lead inexorably to a deep protracted slump and offers investment advice on how to survive and prosper during such times. In separate chapters on London, New York and Tokyo, as well as sections on banking investing, cycle theories and gold, Wood tells why the markets boomed and why the financial world's coming collapse threatens everyone's property right down to the value of their home and pension. Christopher Wood is "The Economist's" New York-based financial correspondent and was formerly with the "Far Eastern Economic Review" of Hong Kong.