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Fault Lines
- How Hidden Fractures Still Threaten the World Economy
- Narrated by: Devin Ryan Pearl
- Length: 11 hrs and 19 mins
- Categories: Money & Finance, Economics
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Publisher's Summary
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame and warns that a potentially more devastating crisis awaits us if they aren't fixed.
Rajan shows how the individual choices that collectively brought about the economic meltdown - made by bankers, government officials, and ordinary homeowners - were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust, no matter what the consequences to the economy's long-term health and where the US financial sector, with its skewed incentives, is the critical but unstable link between an overstimulated America and an underconsuming world.
In Fault Lines, Rajan demonstrates how unequal access to education and health care in the United States puts us all in deeper financial peril, even as the economic choices of countries like Germany, Japan, and China place an undue burden on America to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.
What listeners say about Fault Lines
Reviews - Please select the tabs below to change the source of reviews.
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- Raguraman
- 01-09-19
Must read for the content Narration is poor
The book itself was extremely educational. The opinions were thought provoking.
The narration does not do justice for the book. The pauses mid sentences were way off. The enunciation of many words were off. These narrative inconsistencies threw me out of the subject many a times. English is a second language for me and it probably is the narrators as well. This could have been avoided if the narrator had atleast read the stuff and planned before he performed.
2 people found this helpful
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- Gaurav mohan
- 03-06-19
Pathetic pathetic narration. You will regret
I don't know who is at the fault,Rajan is a great economist and an average writer...but if the directors of this book are reading this review..then please give this man Devi Ryan patel full credits for wrecking havoc with his narrations skills...
Dear patel..show some energy and differentiate when the title is there and when the paragraph begins or ends...
I have the hard book...I know where does things end or begin..even a google speech will fare better then you.
Too frustrating to finish this book with your narration.
1 person found this helpful
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- Nagesh
- 16-10-19
Very Bad Narration
very bad narration. it lacks the required pauses. was supposed to be a great book, but narration is of school kid type
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- George Philip
- 27-07-19
Good book spoilt by the performer
Really good book. But the performer (reader) was pathetic. Incorrect pronunciations, famous names pronounced incorrectly, no regard for punctuations, phrases disintegrated to the extent of loosing its meaning. In all, as a book, it is good. As an audio book, it is pathetic.
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- PG
- 25-06-19
Nice Read
The book is a nice read and with a lot of good Macroeconomic insights but the presentation and audio was very flat without modulation.
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- Avi Pratap Singh
- 24-06-19
Good perspective. A little verbose.
Good ringside view of the meltdown and it's underlying reasons. Could have been better narrated.
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- Joefcr
- 17-06-19
A great book spoiled by a poor narration.
I would strongly suggest redoing the narration. The narrator made unwarranted stops in sentences that can change the meaning. In one instance, he completely missed a row!. pronunciations also need to improve. Pronunciation is important for me since I am learning to pronounce English correctly now.
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- yash
- 24-05-19
Extremely helpful to understand politico Economics
One of the finest book ever read in economics. It breaks down serious problems in small portions, and explain in simple logical terms. This books help you understand what goes behind govt decisions, economic booms & busts, challenges in front of various govt.
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- Alok S.
- 11-02-19
wholostic view of criis
it starts from history and thus gives 360° view to crisis. A must read for guys interested in finance
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- Tanmay Randhavane
- 18-04-18
Narrator makes mistakes
Any additional comments?
The narrator's accent is good and went along with the Indian author Rajan. But, he makes a lot of mistakes and has to repeat many sentences which could've easily been edited out. I do not know how the audible's narration works but this just looks like laziness from the narrator and audible.
1 person found this helpful
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- Amazon Customer
- 23-09-20
Narrator makes this almost unbearable
This book has some interesting ideas in it. However, the narrator makes it much harder to follow by his peculiar accent and just mispronunciation. Example? "Ben Bernank is a member of the Elight that controls our echoNOMie." Indeed, I am fairly convinced that the narrator does not even know what he is reading. The peculiarities of speech are so extreme that the listener is constantly straining to interpret what is said and cannot focus on the meaning.
Whoever is responsible for employing Devin Ryan Pearl as a narrator of this book should be fired. Mr Pearl has no talent as an English speaking narrator. Save your money. If you care, just buy the book.
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- Arturo
- 05-10-19
Only problem was with the narrator
Great book, but terrible job by the narrator in this version (honestly and with all due respect)... reads twice certain parts (as if the narrator got distracted and had to start over in the middle of a sentence)... pronunciation was also challenging to understand very often (for instance the word mortgages always sounded like more-cages... eventually you got used to it, but it is not ideal to actually stay focused on the story)