PHILADELPHIA
Chairman of the Joint Chiefs, Admiral Mike Mullen, stated that the national debt is the single biggest threat to national security. Yet many know little about the money system or national debt crisis.
In a new book, "The Next Money Crash - And How to Avoid It," Uli Kortsch presents a comprehensible transcription from a conference organized by the Global Interdependence Center, "Fixing the Banking System for Good" held at the Federal Reserve Bank building in Philadelphia.
The book is comprised of conversations that provide readers with practical ideas for fixing the national and global banking systems from professionals highly regarded in their field, including a past president of a U.S. Federal Reserve Bank, a former member of the President's Council of Economic Advisers and other renowned economists.
"Too many people believe that changing our financial system today is impossible," Kortsch said. "I believe it's both possible and necessary."
Kortsch, who is the founder and president of Global Partners Investments and the Monetary Trust Initiative, breaks down topics such as increasing inequality, bank runs, exceedingly high government deficits and debts, and Eurozone fault lines between countries.
After reading "The Next Money Crash-And How to Avoid It," readers will have a better understanding of the methods and ideas that are presented to solve the national debt.
"The Next Money Crash - And How to Avoid It"
By: Uli Kortsch
ISBN: 978-1-4917-3949-5
Available at Amazon, Barnes & Noble, and iUniverse
About the author
Uli Kortsch earned a Bachelor of Science degree from the University of Alberta and a master's degree in business administration from Eastern University. Kortsch has held key positions in various financial and investment firms as well as a stint as executive coordinator of the Global Dialogue Institute, and national director and CEO of You with a Mission (Canada), Inc. He has worked in more than 50 countries, meeting with about 15 national presidents and ministers of finance during his course of business.
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