David Gloag
Have you ever wondered why debts keep rising, why financial crises seem to strike without warning, or why the world’s most powerful economies are often the most fragile? The truth is, we are all living with a system that is so simple yet so often misunderstood. Most people don’t even know what is at risk, or why-until it’s too late.The Existential Capitalist examines in detail the global banking and finance system-a network fueled by debt, controlled by a select few, and taken for granted by just about everyone on the planet. In this eye-opening book, you’ll discover:• The truth behind money creation and debt: How governments conjure money out of thin air, and why corporations and households are drowning in obligations they can never repay.• Why financial crises are not accidents: Learn how the very structure of our monetary system makes bubbles, busts, and bailouts inevitable.• Understand dangers lurking beneath the surface: The risks no one talks about-hidden leverage, threats to your savings and investments, and the illusion of stability.• Learn about the role of faith: Discover a long history of conflict and a constant battle to unite people and nations.If you think the monetary system is something only experts need to worry about, think again. The Existential Capitalist is your wake-up call-a must-read for anyone who wants to understand rules of a game we all play, and what is at stake if we continue to ignore weaknesses in a system we cannot live without.
