Endgame details the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis
Endgame provides a framework for making those choices.
For these countries, there are only two options, and neither is good restructure the debt or reduce it through austerity measures
The Debt Supercycle when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis is affecting developed countries around the world, including the United States
The book Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions Reviews global markets, trends in population, government policies, and currencies Around the world, countries are faced with difficult choices