From the list on why oil and global banking crises happen at the same time.
Who am I?
I began my career as a business journalist writing about Arab finance and oil at a time when few women were in that industry. Rather improbably, perhaps, I became well-known for correctly predicting trends – geopolitical and geo-economical. In my thirties, I shifted to the academy, becoming a director of energy research at Rice University in Houston and subsequently a sought-after advisor to government, corporations, and financial institutions. I wrote my first paper on oil crises while in high school (winning third prize in a state term paper contest) and have never left the subject. Now more than ever, the public needs to understand the real facts behind oil and financial crises.
Amy's book list on why oil and global banking crises happen at the same time
Why did Amy love this book?
The one thing I don’t like about most economics books is that they are overly antiseptic and highly divorced from the machismo gambling culture that drives speculative behavior in the first place and leads to the kinds of conditions that eventually create financial catastrophes.
My writing on economics is highly colored by the fact that I worked on Wall Street as a financial journalist at the height of the high-rolling, cocaine-rich, Salomon Brothers 1980s. But pick any subsequent bubble – Enron, Scion, FTX, the tech founder clients of SVB – it ultimately follows the same betting and bluffing storyline.
If you want to understand commodity markets, start by understanding the people who drive them. For that, there’s no better writer than Michael Lewis and no better book than his semi-autobiographical original effort, Liar’s Poker. The reason I prefer Liar’s Poker the most is not only because it covers the period…