In this searing exposÃ(c)former Wall Street insider Nomi Prins shows
how the 2007-2008 financial crisis turbo-boosted the influence of
central bankers and triggered a massive shift in the world order.
Central banks and international institutions like the IMF have
overstepped their traditional mandates by directing the flow of epic
sums of fabricated money without any checks or balances. Meanwhile, the
open door between private and central banking has ensured endless
opportunities for market manipulation and asset bubbles -- with
government support.
Through on-the-ground reporting, Prins reveals how five regions and
their central banks reshaped economics and geopolitics. She discloses
how Mexico navigated its relationship with the US while striving for
independence and how Brazil led the BRICS countries to challenge the US
dollar's hegemony. She explains how China's retaliation against the
Fed's supremacy is aiding its ongoing ascent as a global superpower and
how Japan is negotiating the power shift from the West to the East. And
she illustrates how the European response to the financial crisis fueled
instability that manifests itself in everything from rising populism to
the shocking Brexit vote.
Packed with tantalizing details about the elite players orchestrating
the world economy -- from Janet Yellen and Mario Draghi to Ben Bernanke
and Christine Lagarde -- Collusion takes the reader inside the most
discreet conversations at exclusive retreats like Jackson Hole and
Davos. A work of meticulous reporting and bracing analysis, Collusion
will change the way we understand the new world of international
finance.
