Permanent Distortion
How the Financial Markets Abandoned the Real Economy Forever
Published on 11. October 2022
352 pages
978-1-5417-8907-4 (ISBN)
Description
The untold story of ever-growing wedge between the financial markets and the real economy, and the unprecedented crises it has caused. The 21st century has produced two major financial crises and many smaller ones in between. The fallout created chaos and disruption for people at all levels of the global economy. Nomi Prins examines the consequences of the unstable economy that caused what she calls the state of Permanent Distortion; a wedge between a funhouse financial realm that thrives even in times of social and political disorder, and a struggling economic one that does not adequately meet the needs of the general population. Through deep reporting and insightful analysis, Prins navigates the critical points in between the two polarities, including how the concept of "free markets" is dead, how a political power shift is bringing in a new world order, why trade wars have only just begun, and why we're in for more civil and social unrest, as a result.
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10/2022
PublicAffairs,U.S.
€28.50
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Person
Dr. Nomi Prins is an international economist, investigative journalist, geopolitical financial expert, and outspoken advocate for economic reform. She has published seven books, with her most recent bestseller being Collusion: How Central Bankers Rigged the World.
She is a regular TV commentator and has appeared on the BBC, CNN, Bloomberg, CNBC, MSNBC, CSPAN, Fox Business, and PBS. She has appeared in numerous documentaries featured in the US, Korea, the Netherlands, Germany, France, and more. Her writing has been featured in the New York Times, Forbes, Fortune, the Guardian, the Nation, and other major publications.
Her insights on financial and economic issues are sought by governments, policymakers, and investors worldwide. She's delivered keynote speeches to a variety of outlets including the Federal Reserve, IMF, World Bank, UK Parliament, Mexican Senate, US Senate, Tokyo Stock Exchange, Google, Colombia University, and the London School of Economics.
She was a global Wall Street executive for a decade-and-a-half. Nomi was once a managing director at Goldman Sachs. She ran the international analytics group as a senior managing director at Bear Stearns in London and worked as a senior strategist at Lehman Brothers and Chase Manhattan Bank.
You can learn more about Nomi here: nomiprins.com
She is a regular TV commentator and has appeared on the BBC, CNN, Bloomberg, CNBC, MSNBC, CSPAN, Fox Business, and PBS. She has appeared in numerous documentaries featured in the US, Korea, the Netherlands, Germany, France, and more. Her writing has been featured in the New York Times, Forbes, Fortune, the Guardian, the Nation, and other major publications.
Her insights on financial and economic issues are sought by governments, policymakers, and investors worldwide. She's delivered keynote speeches to a variety of outlets including the Federal Reserve, IMF, World Bank, UK Parliament, Mexican Senate, US Senate, Tokyo Stock Exchange, Google, Colombia University, and the London School of Economics.
She was a global Wall Street executive for a decade-and-a-half. Nomi was once a managing director at Goldman Sachs. She ran the international analytics group as a senior managing director at Bear Stearns in London and worked as a senior strategist at Lehman Brothers and Chase Manhattan Bank.
You can learn more about Nomi here: nomiprins.com
