I.O.U.

why everyone owes everyone and no one can pay

278 pages

English language

Published Dec. 30, 2010 by Simon & Schuster.

ISBN:
978-1-4391-6986-5
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4 stars (1 review)

3 editions

Review of 'I.O.U.' on 'Goodreads'

4 stars

I like the original title better - "Whoops! Why Everyone Owes Everyone and No One Can Pay". This book gives a solid international analysis of the breakdown, with relatively simple examples. This perspective was missing from US-based tracts, and was well appreciated. The humour (British, of course) was both welcome and well done. I was unable to track back the original reason I added this to my reading list, but recommend you add it to yours.

Subjects

  • Global financial crisis, 2008-2009
  • Economic history
  • International finance