South Asian Journal of Management

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Easy Money The Greatest Ponzi Scheme Ever and How it is Set to Destroy the Global Financial System


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1 Department of Banking Technology, School of Management, Pondicherry University, Kalapet, Puducherry 605014, India
     

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Paul Samuelson truly said that indeed we don’t know very much about the financial crisis and one can realize that only after reading the Easy Money book series by Vivek Kaul. The financial crisis of 2008 and the fall of Lehman Brothers considered being one of the worst financial crises by the economists that affects globally since the great depressions of 1930s. It collapses the whole financial system globally as todays markets are interconnected. That raises question about the efficiency of the financial markets as it deals with public money. So, it is very much important to understand the causes and the villains associated with it to avoid any major sequence of it in future.
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  • Easy Money The Greatest Ponzi Scheme Ever and How it is Set to Destroy the Global Financial System

Abstract Views: 179  |  PDF Views: 0

Authors

Moinak Maiti
Department of Banking Technology, School of Management, Pondicherry University, Kalapet, Puducherry 605014, India

Abstract


Paul Samuelson truly said that indeed we don’t know very much about the financial crisis and one can realize that only after reading the Easy Money book series by Vivek Kaul. The financial crisis of 2008 and the fall of Lehman Brothers considered being one of the worst financial crises by the economists that affects globally since the great depressions of 1930s. It collapses the whole financial system globally as todays markets are interconnected. That raises question about the efficiency of the financial markets as it deals with public money. So, it is very much important to understand the causes and the villains associated with it to avoid any major sequence of it in future.