Household Finance Adrift in a Sea of Red Ink

The 'good life' for households has passed. The unwanted result which accompanied it is the sea of red ink. Confidence in the western way of life will not return until the current mess of a dysfunctional society, and its economy, is cleared out. Household Finance explains why and how this can be done.

PART I: SOCIETY IS UNDER STRESS ALL OVER THE WESTERN WORLD Our Society has to review its Business Model Entitlements Jobs and Education PART II: HOUSEHOLDS MUST GET THEIR ACT TOGETHER The IOU Abyss Households and the Value of Money Managing Family Wealth The Market does not Crawl. It Jumps Home Ownership. Shelter or Burden? A Chapter on the Blind for the Benefit of Those Who Can See

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.