hardware nuts
capitalism without capital regulating the creation of credit its allocation and underlying risk
part one presents to the reader the multiple sense of money as an asset means of exchange unit of measurement including that of inflation accounting standards and generally the tools of management planning and control . p part two examines the positive and negative aspects of debt and of leveraging taking practical examples to demonstrate that in the longer run super leveraging hits not only its addicts but also the overall economy . it is as simple and brutal as that . p part three is dedicated to case studies . in the us and britain household debt has reached astronomical levels . the economys troubles are pushing a growing number of already struggling consumers into bankruptcy often with far more debt than those who fled previous downturns . p part four challenges the current risk management concepts and tools which have proved to be ineffectual and introduces a high level approach which uses physics top methodology quantum electrodynamics qed 5 .