The Dollar Crisis

Richard Duncan has worked as a financial analyst in Asia for more than 16 years, conducting research and publishing investment reports on companies, industries, and economics from India to Korea. In 1993, Mr. Duncan one of the first to warn of the impending collapse of the Thai economy and the Thai stock market in a series of published reports and speeches directed at institutional investors. At the height of the Asian crisis, he worked as a consultant for the International Monetary Fund in Thailand. Subsequently, he joined the World Bank in Washington DC as a Financial Sector Specialist focusing on issues related to the economic crisis in Asia. Mr. Duncan studied economics and literature at Vanderbuilt University and business and finance at Babson College. His interest in history developed during a year spent travelling around the world after graduation. He and his wife, Jareeyu, currently reside in Hong Kong.

Introduction.PART ONE: THE ORIGIN OF ECONOMIC BUBBLES.Introduction.Chapter 1. The Imbalance of Payments.Chapter 2. Effervescent Economies.Chapter 3. The New Paradigm Bubble.Chapter 4. The Great American Bubble (of the 1920s).PART TWO: FLAWS IN THE DOLLAR STANDARD.Introduction.Chapter 5. The New Paradigm Recession.Chapter 6. The Fate of the Dollar: Half a Trillion Reasons Why the Dollar Must.Collapse.Chapter 7. Asset Bubbles and Banking Crises.Chapter 8. Deflation.PART THREE: GLOBAL RECESSION AND THE DEATH OF MONETARISM.Introduction.Chapter 9. Global Recession: Why, When, and How Hard.Chapter 10. The End of the Era of Export-led Growth.Chapter 11. Monetarism is Drowning.PART FOUR: POLICY TOOLS FOR THE 21ST CENTURY.Introduction.Chapter 12. A Global Minimum Wage.Chapter 13. Controlling the Global Money Supply.Conclusion.Index.