000			01524cam a22002415a 4500
001			L129488
008			050422n2005 d g s 000 0 eng u
020			_a0856831891
035			_a(Sirsi) u129488
041			_aeng
050			_a333.33 $2 18
100			_aHarrison, Fred
245			_aBoom bust _bhouse prices, banking and the depression of 2010
260			_aLondon _bShepheard-Walwyn _c2005
300			_axiv, 274p. _c24cm.
350			_a25
520			_aAuthor predicts that with the emergence of a global economy there is a very real danger of a global recession, based on a global business cycle, which would be all the more severe because there would be fewer countervailing forces. Harrison argues that the seeds of the next bust are already well and truly sown, with 2010 being the fateful year for the next major crash. From his study of several industrial nations over the last two hundred years, Harrison has identified an 18-year property cycle which has recurred with remarkable regularity and similarity in different parts of the world under different political, economic and cultural conditions. He reveals the factors at work and how they are intimately linked with the banking system which both fuels the boom and triggers the bust. He offers a way out based on the insights of Adam Smith, David Ricardo and other classical economists.
521	2		_aAdvanced
590			_aKA
651		4	_aInternational
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942			_n0
999			_c104212 _d104212