Explanation of the book

Section : Social sciences

Number of pages: 340 pages

Publisher: Publications Company for Distribution and Publishing

Another type of war, after the Cold War and the wars in the Middle East. It turns into a real conflict between the superpowers, a struggle without the sound of cannons and bombing of planes. It takes place stealthily, hiddenly and through economic machinations. It leads to financial disasters that reinforce a new political reality and systems other than the ones that existed. Only the leaders change, from tough military men to seasoned economists, scholars, followers. It is a war of currencies, in a book that lays hands on this war, the easiest means and the most deadly for societies from within. It presents the financial crisis of the year, analyzing the reasons for its occurrence, how experts tried to avoid it in the beginning, and attempts to avoid it that failed and that almost led to greater risks. It reviews the effects of the currency war, from the collapse of securities, the freezing of assets, the confiscation of gold, and the imposition of capital controls. As well as manipulating the currencies of countries. He warns of the consequences of currency wars, and their extreme impact on countries with emerging markets, as they raise the value of their national currency, and thus the value of their exports, and become more vulnerable to loss and less capable of growth. It refers to the reactions of those countries, particularly China, India, Brazil and Indonesia, and their positions on the influence of the International Fund. It concerns the Arab countries as a strategic economically and geographically player, capable of dealing fatal blows to foreign currencies if they wish. It is a bestseller according to the New York Times