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I really liked this book.
It was mostly analysis, not lots of facts. Some of his conclusions I thought were lacking in evidence.
It explained a lot of things to me, though, that I never knew. It
explains how, exactly, the Chinese government keeps its currency's exchange rate fixed. It explains why it was somewhat plausible for a security made up only of subprime mortgages to be rated AAA. But mostly it explains why the world economy is so unstable, and makes serious suggestions for improvement.
Definitely worth a read for anyone with an interest in or patience for macro economics.
 

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I had been wanting to read this book for many months since it had been billed as the Goldman Sachs/Financial Times 2010 business book of the year.
Unfortunately, this book was hard to read
, stylistically simple and lacked any truly captivating narrative. It was like reading a power point presentation. Although the ideas put forth were sometimes interesting I found the prose to be uninspiring.
Also, it seemed that the author was biting off more than he could chew. Each chapter covered a rather large issue over the course of about 20 pages, not nearly enough to craft a thorough argument.
There was one very interesting section called The Cost of Undervaluation, very near the end of the book, about the relationship of the renminbi to the dollar and the various repercussions of that policy. The section gave me new insight into this topic. Yet, again, it could have just as easily been put in bullet point format and been as interesting.
 

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One can't argue with Raghuram Rajan on any aspect of the 'fault-lines' defined by him as responsible for the present economic crisis. At all times, he keeps the bigger picture in mind without getting stuck by bias or prejudice especially against the investment banking thieves - Pradeep Kabra

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - Mayank Pandya - Goodreads

Rajan provides a flawless diagnosis of the financial crisis that shook the American economy and the contagion that rocked the world. Unlike many analysts who indulge only in a theoretical analyses, he ... Read full review

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - Rakesh - Goodreads

Rajan in this book did an amazing job explaining in intricate detail about the state of today's macroeconomics in the world. One of the main objective of this book is to take a holistic view of the ... Read full review

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - Avinash . - Goodreads

“The US financial sector thus bridged the gap between an overconsuming and overstimulated United States and an underconsuming, understimulated rest of the world. But this entire edifice rested on the ... Read full review

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - Karsten Busby - Goodreads

It was fine. It is a pretty dense book if you're new to the crisis and economics in general. I do feel like Rajan could have tied things together and really used this idea of fault lines to create a ... Read full review

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - Govind Chandrasekhar - Goodreads

I've been an admirer of Raghuram Rajan, governor of the RBI, for a while now, having heard several of his speeches and talk shows. About time I picked up one of his books. Fault Lines is an elaborate ... Read full review

Review: Fault Lines: How Hidden Fractures Still Threaten the World Economy

User Review  - AJ - Goodreads

Rajan gives an adequate explanation of inequality, excessive risk, and the financial debacle. But a portion of his central argument is that the financial collapse was attributed, in part, to the ... Read full review

Cutting Intellect, Great Ideas

User Review  - Ajit Nathaniel - Flipkart

I picked up this book for a peek into the mind of the man who is responsible for Indian economic policy today. Raghuram Rajan, was appointed Governor of the Reserve Bank of India in September 2013 ... Read full review


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