Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008.
Relying on the findings of a team of economists, credit expert Richard Vague argues that the Great Depression of the 1930s, the economic collapse of the past decade, and many other sharp downturns around the world were all preceded by a spike in privately held debt. Vague presents an algorithm for predicting crises and argues that China may soon face disaster. Since American debt levels have not declined significantly since 2008, Vague believes that economic growth in the United States will suffer unless banks embrace a policy of debt restructuring.
All informed citizens, but especially those interested in economic policy and history, will want to contend with Vague’s distressing arguments and evidence.
Named for her late father’s most prized possession, Aston McNeil shares a deep connection with the classic car she inherited upon his recent death. When she learns her reckless stepbrother lost the car as collateral to Houston’s most feared loan shark, she fights the urge to throttle him and vows to do whatever it takes to get it back.
Mechanic and mob enforcer Ben Beciraj can’t believe his eyes when Houston socialite Aston McNeil storms into his chop shop and demands the return of the car he’s just repossessed. He counters with a deal he never expects the fiery blonde heiress to accept–one week at his beck and call for the keys to her late father’s favorite toy.
But Ben’s plans to have a little fun with a girl way out of his league are shot to hell after one taste of sweet, beguiling Aston. When her stepbrother’s shady dealings are revealed, Ben will do anything to protect her from the seedy underworld he inhabits–even if it means crossing the only family he’s ever known.
An Attorney’s Guide to the Collection of Bad Debts is meant to give readers a broad overview of debt collection techniques as well as to inform them of some popular debt collection techniques used by attorneys. The reader should consider this book a type of debt collection techniques catalog. We authored this second edition so that it can be read easily and quickly during a day’s commute to and from work. This second edition also contains revised copies of sample legal forms used to facilitate the collection of bad debts and contains an updated section on asset protection trusts. After reading this book, you will become aware of certain collection techniques so that you can have an informed discussion with an attorney about potential options available to you. This book is not to be considered legal advice and is meant for general information purposes only. This book is not a substitute for the advice of legal counsel.
The Titans are the most powerful beings known to man, and it isn’t often that they require assistance from anyone. But when someone does aid them, he is greatly rewarded. The Titans give that person the ability to ask for anything, any one favor to be granted, and whatever that wish is, the Titans must grant it. Three hundred years ago a young man asked the Titans for such a favor. He became the ruler of the human kingdom, choosing to remain in power for over a thousand years before anyone would even be capable of deposing him. He keeps the magical nature of his reign a secret, and is slowly destroying the kingdom that he rules. Cassandra Valiant is just a seventeen-year-old merchant’s daughter, she knows nothing about the Titans, she knows nothing about the land beyond the borders of her hometown, and she knows nothing about the king’s intent to harm his own kingdom. But she may be the only person who can stop him.
Are you tired of being in debt? This book can be the key you need to succeed in your battle against debt. Not only can it help you with your debt battle, it can also help you learn how to remain debt-free! As a bonus, the author included a list of his favorite financial / inspirational books that helped him win the debt battle and can also help you achieve your own financial success. You owe it to yourself to win your debt battle and live your life free from the chains of debt. Are you ready to take the first step toward debt-free living?
Jon Acuff’s hilarious thoughts on all things Dave Ramsey. Perfect for the Dave fan who has everything, or the person who wants to laugh about money while on their journey to financial peace.
In 1985, Frederic C. Lane and Reinhold C. Mueller published the magisterial Money and Banking in Medieval and Renaissance Venice, Volume 1: Coins and Moneys of Account. Now, after ten years of further research and writing, Reinhold Mueller completes the work that he and the late Frederic Lane began.
The history of money and banking in Venice is crucial to an understanding of European economic history. Because of its strategic location between East and West, Venice rapidly rose to a position of preeminence in Mediterranean trade. To keep trade moving and credit available from London to Constantinople and beyond, Venetian merchants and bankers created specialized financial institutions to serve private entrepreneurs and public administrators: deposit banks, foreign exchange banks, the grain office, and a bureau of the public debt. This new volume clarifies Venice’s pivotal role in Italian and international banking and finance. It also sets banking–and panics–in the context of more generalized and recurrent crises involving territorial wars, competition for markets, and debates over interest rates and the question of usury.
“The single aspect that most characterizes Venetian history and historiography is the dominant role of the state in the life of the city and the symbiosis between public and private sectors of the economy, between public and private interests….A primary concern of civil authorities was to create an atmosphere of competitive opportunity on the Rialto conducive to investment, that is, to the influx of money and goods, their turnover in Venice, and their eventual outflow.”–From The Venetian Money Market
A trip to the underworld of debt collection, where bankers team up with ex-burglars and few rules apply
Bad Paper is a riveting exposé, a moving story of an unlikely friendship, and a gritty narrative of how scrappy entrepreneurs profit from our debts. Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of “paper”—the uncollected debts that are sold off by banks for pennies on the dollar. As Halpern shows, the world of consumer debt collection is a wild and unregulated shadowland, where operators may misrepresent a debtor’s situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place. It is a realm of indelible individuals who possess a swagger and vocabulary that even David Mamet could not invent. Halpern follows his collectors as they intimidate competitors with weapons, manage high-pressure call centers, and scheme new ways to benefit from American’s debt-industrial complex. He also explores the history of collection agencies and reveals the human cost of a system that leaves hardworking Americans with little opportunity to retire their debts in a reasonable way. The result is a bravura work of storytelling that is also an important consciousness-raiser.
Examining the causes of the acute Latin American debt crisis that began in mid-1982, North American analysts have typically focused on deficiencies in the debtor countries’ economic policies and on shocks from the world economy. Much less emphasis has been placed on the role of the region’s principal creditors–private banks–in the development of the crisis. Robert Devlin rounds out the story of Latin America’s debt problem by demonstrating that the banks were an endogenous source of instability in the region’s debt cycle, as they overexpanded on the upside and overcontracted on the downside.
Originally published in 1993.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
If you’re tired of living in debt and ready for financial independence, then Debt Free & Set for Life is your solution. Management consultant Les J. Tripp shows you how to become successful and achieve genuine wealth in every area of your life.Utilizing tried-and-true concepts of responsibility, hard work, and dedication, Tripp reveals how you can take control of your debts and credit nightmares to completely change your life. Tripp discusses the emotional impact of debt, the power money has over our lives, and even the way money contributes to our social standing. He also helps you analyze your spending habits, explains the difference between debt and equity, and explores the numerous benefits of investments.The road to financial success is not the path of least resistance, but with a true commitment to creating a better financial portfolio, you can enjoy financial freedom. Find relief from debt and pursue the lifestyle you were meant to have: Debt Free & Set for Life!