Red Flags
Why Xi's China Is in Jeopardy
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Narrated by:
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Derek Perkins
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By:
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George Magnus
About this listen
Will China rule the world, or will its dream turn into a nightmare? George Magnus, the trusted economic commentator on China, provides a penetrating account of the threats to China's continued rise.
Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
President Xi, possibly now leader for life, is determined to realize the Chinese dream of rejuvenating the nation and consigning to history the "century of humiliation". But Magnus warns that the Middle Kingdom's future rests on the willingness of its leader to embrace reform and open up, a philosophy that is at odds with his actions to date.
Engagingly weaving together economics, politics, and history, Red Flags is an authoritative and lucid account of the troubled times that lie ahead for a nation whose economic fortunes are closely intertwined with our own.
©2018 George Magnus (P)2018 Blackstone Audio, Inc.Listeners also enjoyed...
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- Length: 14 hrs and 53 mins
- Unabridged
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The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. The audiobook identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system.
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Good on Europe's problems, fair global update
- By Philo on 01-08-15
By: Martin Wolf
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The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
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The Death of Money
- The Coming Collapse of the International Monetary System
- By: James Rickards
- Narrated by: Sean Pratt
- Length: 13 hrs and 13 mins
- Unabridged
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The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.
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A good review of the global financial system
- By Jean on 04-22-14
By: James Rickards
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An Extraordinary Time
- The End of the Postwar Boom and the Return of the Ordinary Economy
- By: Marc Levinson
- Narrated by: James Foster
- Length: 10 hrs and 55 mins
- Unabridged
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A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.
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Good review of crucial turning point in history
- By Philo on 11-22-16
By: Marc Levinson
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Currency Wars
- The Making of the Next Global Crises
- By: James Rickards
- Narrated by: Walter Dixon
- Length: 9 hrs and 52 mins
- Unabridged
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In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics.
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don't be misled
- By peter on 04-01-12
By: James Rickards
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Why Save the Bankers?
- And Other Essays on Our Economic and Political Crisis
- By: Thomas Piketty, Seth Ackerman - translator
- Narrated by: LJ Ganser
- Length: 5 hrs and 1 min
- Unabridged
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Thomas Piketty's work has proved that unfettered markets lead to increasing inequality. Without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Armed with this knowledge, democratic societies face a defining challenge: fending off a new aristocracy. For years Piketty has wrestled with this problem in his monthly newspaper column, which pierces the surface of current events to reveal the economic forces underneath.
By: Thomas Piketty, and others
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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Every Nation for Itself
- Winners and Losers in a G-Zero World
- By: Ian Bremmer
- Narrated by: Willis Sparks
- Length: 6 hrs and 7 mins
- Unabridged
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Forget the G-7 and the G-20; we are entering a leaderless "G- Zero" era- with profound implications for every country and corporation. The world power structure is facing a vacuum at the top. With the unifying urgency of the financial crisis behind us, the diverse political and economic values of the G-20 are curtailing the world's most powerful governments' ability to mediate growing global challenges. There is no viable alternative group to take its place.
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Well articulated and thought provoking
- By Mark on 08-09-12
By: Ian Bremmer
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Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
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The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
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Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
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What listeners say about Red Flags
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Michael E
- 10-30-23
Magisterial and objective assessment
Magisterial and objective assessment. I enjoyed the sober analysis without hype or doom. It’s a very realistic and insightful book.
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- Deepak I. Sreedharan
- 12-28-23
Strong on Current State of but Weaker on the History of China
My title says it all. I thought it did a good job of describing what is currently happening in China. Though the authors guess on the future of China is the west can never be more than just a guess. I hoped for a book that delved deeper into the recent history of China since Deng.
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- dknox
- 01-03-21
An excellent overview of the state of China
This is well worth a listen for anyone interested in understanding China’s current political and economic policies. It includes a concise overview of China’s history.
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3 people found this helpful
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- Eline Viddal Rød
- 09-28-21
A sober and thorough evaluation of China's economic challenges
Although maybe not the “peek behind the curtain of China's dystopian Shadowland” that I might have hoped for when I read the title, I did find this book enlightening (maybe more than exiting, as it was a little dry at times).
If you want a sober and thorough evaluation of China's economic challenges by someone who knows what he’s talking about, I do think this is it. George Magnus is a renowned economist and he doesn't come off as biased when writing about China and Xi Jinping. Sometimes I did feel he maybe went a bit easy on Xi and the CCP, but this could be out of the wish to be as neutral as possible.
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3 people found this helpful
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- Dewey
- 02-17-21
Fantastic analysis
The author gives 4 reasons why China is likely to experience slower growth in the next decades. Very well reasoned and supported with facts. Entertaining as well.
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- Myron 'The Monk' Howley
- 04-01-21
Eyes on XI's China!
Something the world needs to listen to in light of the current Covid-19 Pandemic. XI's China is out to displace the United States of America as Premier World Power.
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- Yang
- 09-16-20
A good summary of the situation now
Comprehensive, accurate, and conform to the things I see in China now. Recommend to readers unfamiliar but interested in China to read this book.
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2 people found this helpful
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- autumn in audio
- 08-16-22
Sure it is in jeopardy. But who isn't?
Based on the author's career background, long-time living experience in China, data and facts cited in the book, it is very tempting to give credit to the conclusions he drew. Maybe it's a little too much to be needed to get quick understanding for people who are not so familiar with China's political and economic structures during the listening, it's worth one's time and efforts.
Some time it's just difficult not to be cynical. Good deeds do not entail good ends, and vicious cycles never end. Thinking and reading more objectively may help.
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- David Sanchez
- 10-02-22
Spot On Review of Xi’s China
Objective, insightful and comprehensive overview of China and especially from 2010 onward. The Red Flags are presented with extensive detail. A Must Read that is always enjoyable.
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- Bradley
- 10-01-19
Intresting
Perhaps China's star isn't destined to rise as high as everyone thinks. Maybe it will all come crashing down.
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2 people found this helpful