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The Next Economic Disaster
Why It's Coming and How to Avoid It
 Monday July 21, 2014
5:00 p.m. - 7:00 p.m.
New America Foundation
1899 L Street NW, Suite 400
Washington, DC 20036
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Traditionally,
economic crises have fueled debates focused primarily on the role that
public debt and debt-fueled public spending play in economic growth.
However, serial entrepreneur and finance expert, Richard Vague in his
provocative new book, The Next Economic Disaster: Why It's Coming and How to Avoid It, argues that it is in fact the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008.
Relying on the findings of a team of economists, The Next Economic Disaster pinpoints
that the Great Depression of the 1930s, the economic collapse of the
past decade, and many other sharp downturns around the world were all
preceded by a spike in privately held debt. Join The Atlantic's
Steve Clemons and the New America Foundation's Economic Growth Program
Director, Sherle R. Schwenninger for an in-depth discussion on the
current state of the US economy, assessments of the global debt
and growth picture and responses to the threat of yet another financial
disaster. Enjoy a wine reception and book signing that will follow after the discussion.
Copies of the book will be available for purchase by cash, check, or credit card.
If you are unable to join us in person, please tune in to our live webcast of the event here. No sign up is required to view streaming video.
Join the conversation online by following @NewAmerica.
Featured Speakers:
Washington Editor at Large, The Atlantic
Senior Fellow, American Strategy Program,
New America Foundation
Director, Economic Growth Program, New America Foundation
Author, The Next Economic Disaster: Why It's Coming and How to Avoid It
To RSVP for the event, click on the red button or go to the event page:
For questions, contact Kirsten Holtz at New America at (202) 735-2806 or holtz@newamerica.org.
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