The End Of Money
The End Of Money

The End Of Money

Lungelo Mpangase

26 min
News
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Description

The collapse of the giant Chinese property developer Evergrande, the purchase of Newcastle United by the Public Investment Fund of Saudi Arabia, the unprecedented shortage of truck drivers in the UK, skyrocketing fuel prices across Europe, the seemingly unwavering popularity of cryptocurrency (despite its obvious flaws), the incredible rise of global inequality, the spectre of inflation – these are just a few examples of the news headlines we are observing on a daily basis, a smorgasbord of chaos, disruption and uncertainty, underscored by the diminishing desire of the West to promote global democracy and ideals. Michael avery talks to David Buckham (CEO of Monocle), co-author of a fascinating page turner of a new book entitled The End of Money: The Great Erosion of Trust in Banking, China’s Minsky Moment and the Fallacy of Cryptocurrency

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