Synopses & Reviews
An indispensable and absolutely accessible explanation of the causes of the world economic crisis and how we should respond to it In this urgent and timely book, the man the Daily Telegraph calls "the sage of the credit crunch" shows that although the downturn is global, the complacency of the British government towards the huge "bubble" in property prices and high levels of personal debt, combined with increasingly exotic trading within the financial markets, has left Britain badly exposed. This paperback edition has been fully revised and updated to include Vince Cables latest assessment of the recession.
Review
"'The best book you can read to understand what on earth is going on out there." —Independent
Review
"Anybody with an interest in the causes of the deepest economic crisis since the great depression—and that is most of us these days—can easily digest it in a single sitting, and be much better informed as a result." —Guardian
Review
"An urgent admirably clear book which studies each stage of the crisis and asks what it portends." —Observer
Review
"Vince Cable is the only politician to emerge from the credit crunch a star . . . [The Storm] is a lucid guide to the present mess." —Sunday Times
About the Author
Vince Cable is Member of Parliament for Twickenham and has been the Liberal Democrats' chief economic spokesperson since 2003, having previously served as Chief Economist for Shell from 1995 to 1997. He was elected as Deputy Leader of the Liberal Democrats in March 2006 and was acting leader of the party prior to the election of Nick Clegg.