TY - GEN AU - Sundaram, N. M. TI - Fragility of global finance capital U1 - 332 PY - 2011/// CY - Karnataka PB - Adhyayana Prakashana KW - N1 - Contents Publisher's Note vii Foreword ix Preface xii 01.American Economy On A Clifthanger 3 02.The Cascading Crisis Of The US Financial Market : Domino Effect All Around The Globe 15 03 The Macabre Dance Of Market Forces 33 04 The Global Financial Meltdown : It Is Time To Sing The Dirge For Free Market 28 05 American Insurance Companies : An Unending Record Of Failed Promises 39 06 A Change No Doubt : But Still No Change 50 07 The Big Bailout :American Version Of Dirigisme 61 08 Capitalism's Inbuilt Time Bomb : Huge job Loss And Fiscal Collapse Stalks The US 73 09 The Economy Bleeds : So Do The Workers 81 10 No Light At The End Of The Tunnel : Discrimination Even In Adversity 89 11.American Economy Entombed In Debt 97 12.Failed Banks And Brokered Deposits llO 13.Speculating On Death : New Devices For Making Profit ll7 14.Out PonzUng Ponzi 126 15.Dubai And Its Leveraged Crisis : The Lessons To Be Learn 131 16.The Second World War And The Ascendancy of The American Dollar Stage- 1 141 17. The Ascendancy Of The American Dollar And The Beginning Of Its Decline Stage -2 150 18. The American Dollar On A Slide : Sustained By Its Printing Press 158 19. Travails OfThe Dollar Empire: The Advent Of Sukuk And Islamic Finance 169 20. Armed To The Teeth: But Drowned In Debt 179 21. Obama Administration: A Chip OfThe Old Block 190 22. The Dollar Hegemony: How It Came About And How It Could Be Ended 199 23. When The Gods Failed - Then And Now . ( 1929-30 & 2008-1 0} 208 24. Seigniorage: THE AMERICAN VERSION : How The US Debases Its Currency 218 25. The Emperor Has No Clothes 26. The Bandits Of Wall Street :American International Group (AIG} & Its Kind (The Expertise India Wants To Import} 242 27. A Gross Violation Of Social Contract : The Great Pension Robbery 262 ER -