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Tug of War

Tug of War

(1996)
Today's Global Currency Crisis
A non fiction book by

 
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: Why You Should Care About the 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. Significantly updated for this paperback edition, Tug of War, as compelling as any novel, is certain to be one of the most important financial books of this or any other year. Readers will not want to be left out when Erdman predicts the winner in this economic battle.

 
Used availability for Paul E Erdman's Tug of War


See all available used copies of this book at Abebooks UK or Abebooks US
 

Hardback Editions

December 1996 : UK Hardback
Title: Tug of War
Author(s): Paul Erdman
ISBN: 0-330-35050-1 / 978-0-330-35050-1 (UK edition)
Publisher: Tor
Availability: Amazon   Amazon UK   Amazon CA   

August 1996 : USA Hardback
Title: Tug of War: Today's Global Currency Crisis
Author(s): Paul Erdman
ISBN: 0-312-15899-8 / 978-0-312-15899-6 (USA edition)
Publisher: Palgrave Macmillan
Availability: Amazon   Amazon UK   Amazon CA   

Paperback Editions

October 1997 : USA Paperback
Title: Tug of War: Today's Global Currency Crisis
Author(s): NA NA
ISBN: 0-312-15900-5 / 978-0-312-15900-9 (USA edition)
Publisher: Palgrave Macmillan
Availability: Amazon   Amazon UK   Amazon CA   



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