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Tug of War cover
  • ISBN: 9780312158996
  • ISBN10: 0312158998

Tug of War

by Erdman, Paul Emil A

  • List Price: $23.95
  • Binding: Hardcover
  • Publisher: Palgrave MacMillan
  • Publish date: 08/01/1996
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In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. The leaders of the world currency markets were forced to band together to push up the value of the U.S. dollar. Tug of War: Today's Global Currency Crisis is the riveting story of this flow of money around the globe and what it means for us today. In 1991, the Mexican government tied the value of the peso to the dollar. As the peso slid and almost vanished, the fortunes of the dollar waned. Investors around the world, especially the Japanese, lost confidence in the dollar, creating a soaring yen and dragging down the value of the dollar even more. Subsequent events in the world currency markets pulled the dollar in even more directions: rogue traders lost billions on bad deals; the European Union began determining the value of its own currency; Japanese banks admitted enormous, previously concealed, losses. The tug of war continued. Paul Erdman, as well-known for his ability to predict financial markets as for his ability to write a suspenseful story, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions about the future, and offers advice to market masters on the direction they should pursue.
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Better World Books West

Location: Mishawaka, IN
Ships from Reno, NV. Shows some signs of wear, and may have some markings on
Once Upon A Time Books

Location: Tontitown, AR
This is a used book in good condition and may show some signs of use or wear.
Hippo Books

Location: Toledo, OH
Pages may have contain writing, highlighting or notes. May be an ex library copy with library markings. Dust jacket or accessories may not be included.
Hawking Books

Location: Upland, CA
0312158998 Ex-library book with usual markings. Meets or exceeds the good condition guidelines. Nice copy. Five star seller-Buy with confidence!
ABC Books

Location: Springfield, MO
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Boards and spine tight. Underlining throughout. Tracking available on most domestic orders.
Kings Ridge Media

Location: Appleton, WI
Good used condition. Ships promptly. May Include Some writing or highlighting. Satisfaction guaranteed.