Collusion by Nomi Prins

Collusion

In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order.Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking ...


Details Collusion

TitleCollusion
ISBN9781568585628
Author
Release DateMay 1st, 2018
PublisherBold Type Books
GenreEconomics, Nonfiction, History, Politics, Business, Finance
Rating

Reviews Collusion

  • Dee Arr
    2018-04-15
    During the Introduction and the opening chapters (on Mexico and Brazil), I was caught up in the incredible amount of knowledge that juggernauted its way through the pages. After an overview of what has happened in the world due to the central banks, author Nomi Prins than backtracked and provided a fascinating breakdown for various countries. Each chapter takes you in a different direction, but you begin to see how everything ties together and, o...
  • Glen
    2018-06-18
    I won this book in a goodreads drawing.A history of how the big banks caused the financial meltdown of 2008. I don't completely agree with all the author's conclusions, but I felt better informed after I read this.
  • Mike
    2018-05-19
    I would guess a good 98% of this book is just regurgitating news which has been available to all over the past 15-20 years without much comment on the part of the author. This makes the read extremely dry if not a tad wonky. In fact, it is hard to stop from glazing over with the neverending numbers and her love of abbreviations and acronyms. Then, in her conclusion (only a few pages) she comes alive and makes some great points. If only she had co...
  • Evan
    2018-07-02
    I read this book after hearing Nomi Prins interviewed by Erik Townsend on the Macrovoices podcast. I thought the interview was fascinating enough that I should read her book. After reading the book, I thought of something I heard said from Patrick O'Shaughnessy (Invest Like the Best podcast) - it is rare that a book is worth reading after hearing the author interviewed. That is how I feel. I also agree with the 5 other reviews currently on Goodre...
  • Michael
    2018-07-17
    Nomi Prins does a deep dive into the activities of central banks from the 2008 crisis through 2017. It's a difficult (for me!) but very insightful look at how the central bankers went wild with conjuring money and how so little of it caused any real economic growth. It's incredibly well-sourced and detailed. It covers the Bank of Japan, the People's Bank of China, Bank of Brazil, and the European Central Bank. It ends with a brief conclusion abou...
  • John Mihelic
    2018-11-04
    I like Ms. prins' other works, and this is a continuation of the same. She is wary of the bankers at the center of our economies, and this is a good history that shows where things have gone wrong recently (and kudos to her for looking at other central banks than just the Fed. I learned a lot about the Mexican Central Bank in this book). For me the only problem is that she derides the actions of the global central banks in two terms. The first is...
  • Chris
    2018-09-10
    Boy-howdy dense! A treasure of information, but not a lot in the way of a narrative putting it all together for the poor, ignorant reader. I'm generally a reader willing to do the work, and I have a business degree for whatever that's worth, but there so many interest rates, financial terms and acronyms. I learned the names of the 21st-century heads of various central banks and that most of them say one thing and do another, and that their collec...
  • Mel
    2018-06-06
    This is a dense read and best done ion small chucks or one chapter per sitting/day. What caused the financial crisis in 2007-8? The direct cause in the United States. Big banks, the stock markets, and elites created the policies and instruments that failed. Collusion by central banks to save big banks and investors failed banks failed to solve the problem. This book explains why. It also makes the case why it can happen again. Worthy of a read an...
  • Luis Lopez
    2018-08-14
    Unfortunately the author did not tell the story in a chronological manner that made sense. I understand that she tried to tell the story from the perspective of each of the countries she mentioned, but even within each country/chapter she bounced around a lot with dates.
  • Gerald De
    2018-09-02
    Superbly detailed. Things we need to understand.
  • Bryan
    2018-09-08
    very boring required reading
  • Gary Herick
    2018-09-13
    Very good book, get a hold of this one. Powerful new information and rather scary, when you look at the big picture.
  • Jack Teng
    2018-07-13
    Essential read
  • Alexander
    2018-10-18
    Immense. Thorough. Reads like a dry reference.
  • Yalman Onaran
    2019-02-22
    Raises some interest points as always and correctly identifies the addiction to easy money in the developed markets. A bit too nice on China and other emerging markets perhaps.