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Book Cover
E-book
Author Schulte, Paul, 1963-

Title The next revolution in our credit-driven economy : the advent of financial technology / Paul Schulte
Published Solaris South Tower, Singapore : John Wiley and Sons, 2015
©2015

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Description 1 online resource
Contents Introduction: a few numbers can crack the code -- Part I. How bank credit drives economics (not the other way around) and why. Chapter 1. A few simple concepts that anyone can understand ; Chapter 2. Differences between liquidity and solvency are thin ; Chapter 3. Anatomy of a credit crisis and examples in the real world -- Part II. I am from the government and I am here to help your broken banking system ; Chapter 4. Socialization of debt after mismanagement by bankers (or why Keynesian economics doesn't work) ; Chapter 5. Why capitalist bankers create Soviet banking models when the going gets rough ; Chapter 6. Central banks are carrying the greatest load and will dominate outcomes ; Chapter 7. How bankers and policy rescuers affect stocks FX, and property interlude ; Chapter 8. Why government and institutions get suckered into debt binges -- Part III. The revolution in financial architecture. Chapter 9. Why is this revolution happening now and why so fast? ; Chapter 10. The revolution in alternative investments ; Chapter 11. The revolution in big data and SME lending in the emerging world ; Chapter 12. Banking and analytics -- the Paypal gang, Palantir vs Alibaba, and Hundsun -- Appendix -- Index
Summary "Go inside the research to see the global consequences of unethical banking The Next Revolution in our Credit-Driven Economy: The Advent of Financial Technology integrates market theory and practice to help investors identify growth opportunities, and to help regulators create a sustainable economic environment. Author Paul Schulte, former economic analyst with the National Security Council, draws upon his own decade-spanning research to demonstrate how unethical banking practices provide the brute force that drives political and economic crises worldwide. By unbundling how credit markets work, this authoritative guide provides deep insight into crisis avoidance and detection, successful investment climates, and the groundwork that must be in place for policy makers to build a sound basis for economic growth. Clear, succinct case studies provide examples of policy and its effects on economic stability, giving you a stronger understanding of the network of forces that determine how loan/deposit ratios behave around the world. Countries that lend more than they save consistently get into trouble, with catastrophic consequences for the rich and middle class as well as the politicians. This book shows how credit excesses bring about price collapse in stocks, currencies, and real estate, and provides direction for change in the context of global economics. Dive deep into the mechanisms underlying the credit markets Learn how unregulated borrowing leads to socioeconomic crises Examine real-world policy options through global case studies Discover how credit rises are best detected and avoided An economic climate in which even the smallest hiccup can have long-lasting consequences should be the ideal impetus for a close scrutiny of global banking practices and economic policy. The Next Revolution in our Credit-Driven Economy takes you behind the scenes for a new perspective, and a more informed look at where the world needs to begin changing. The second half of the book will take a look at the revolution driving financial technology. Companies in Silicon Valley and giants like Alibaba are challenging the landscape for banking. This has profound implications for policy makers, banks and for a new class of entrepreneurs who are developing software which is taking away market share from bank and challenging decades-old financial empires. The book will explore the reasons why many global banks remain flat-footed. It will go into detail about the new companies and software that are moving in the Far East and with innovations in securities, bonds, foreign exchange, retail lending and SME lending. Lastly the book will look at the strategy behind Alibaba and how it will challenge many companies from a powerful base inside China"-- Provided by publisher
"Integrates market theory and practice to help investors identify growth opportunities, and to help regulators create a sustainable economic environment"-- Provided by publisher
Notes Includes index
Bibliography Includes bibliographical references and index
Notes Print version record and CIP data provided by publisher
Subject Banks and banking.
Bank loans.
Credit.
Financial services industry -- Information technology
credit.
BUSINESS & ECONOMICS -- Banks & Banking.
Bank loans
Banks and banking
Credit
Kredit
Kreditmarkt
Finanzkrise
Informationstechnik
Digitalisierung
Datenanalyse
Big Data
Form Electronic book
LC no. 2015022123
ISBN 9781118989623
1118989627
9781118989616
1118989619