Email of the day on Pascal Morin's new book
The summary of the back cover can be translated as:
"Confessions of a liberal (nearly) repentant
The subprime debacle exposed the weaknesses of the European construction, the failure of the single currency, the excessive financialization of capitalism and the impoverishment of the middle classes and the lower classes. The rise of populism is the consequence. Europe has no other choice but its re-founding, in a geopolitical environment designed by the Americans, the Chinese and the Russians, of which it is gradually excluded. The financial position of France is so precarious that the recovery will necessarily be difficult, but essential to rebuild Europe. The year 2017 is starting a key decade for Europe: it will mark the renewal and reconquest, or the vassalization and the disappearance in the forgetfulness of history.
This essay is an excellent tool of reflection written without taboos and with height of view; It is also a cry of alarm ... (Bernard Attali)"
http://livre.fnac.com/a10779112/Pascal-Morin-Des-subprimes-au-populisme#int=S:Derniers articles consultés|Droit|NonApplicable|10779112|BL1|L1
https://www.amazon.fr/subprimes-au-populisme-Pascal-Morin/dp/2358152218/ref=sr_1_1?ie=UTF8&qid=1498401666&sr=8-1&keywords=des+subprimes+au+populisme
http://www.editions-glyphe.com/wp-content/uploads/2017/06/Subprimes_BdC.pdf
Pascal Morin has been an acquaintance of mine since I was the Bloomberg account manager for Dexia Bank in Luxembourg back in 2001. He was the smart guy in the corner office all the private bankers went to when they had a question and has been working with Iain Little and Bruce Albrecht for much of the last decade. I look forward to reading the English translation of his work when it comes out.
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