Publications – The Trillion Debt Bomb

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01 - Finanzkrise: TV Experte Eurokrise Veit Etzold
02 - Schuldenbombe: TV Experte Finanzkrise Veit Etzold
03 - Top German Experte Financial Crisis Veit Etzold
04 - TV expert financial crisis Veit Etzold

Die Billionen-Schuldenbombe
(The Trillion Debt Bomb)
With Daniel Stelter, Ralf Berger and Dirk Schilder

Wiley VCH Verlag, 250 pages, April 2013

In the fairy tale of “The Emperor’s New Clothes” nobody dares to tell the emperor that he is naked. Right now, the Western world is just as naked. Like the emperor and his court, we refuse to face reality: debt cannot keep growing forever faster than revenues. We are bankrupt but do not want to admit it. Rather than tackle the problem at its root, we fight debt with more debt and half-baked legislative measures. This will only worsen the damage. Can we hope for a happy ending or are we facing a disaster? Rampant inflation or a new world economic crisis? And how much will it cost us all?

The core message of the book is also summarized in the essays “The Emperor is naked“ parts I and II, published in the European Financial Review, May and June 2013.

The Emperor Is Naked: Why There is no More Time for Conventional Solutions to Get Out of the Debt Crisis, Part 1 (englisch)
Daniel Stelter, Ralf Berger, Veit Etzold, Dirk Schilder:
European Financial Review, Mai 2013 pdf

The Emperor is Naked – How to get out of the debt crisis? Part 2: Can we solve the problem with unconventional measures? (englisch)
Daniel Stelter, Ralf Berger, Veit Etzold, Dirk Schilder:
European Financial Review, Juli 2013 pdf