In Robert Peston's new book, he explains in his characteristically straightforward way how the world got itself into the current economic mess—and how we might get out of it. The record-breaking unbroken growth between 1992 and 2008 wasn't the economic miracle that it seemed. It was based on a number of dangerous illusions—most notably that it didn't matter that the UK and US year after year consumed more than they earned. But we couldn't go on increasing our indebtedness forever. The financial crash of 2007/8 and the subsequent economic slump in much of the west was the moment when we realized we had borrowed more than we could afford to repay. So who got it wrong? Bankers, investors, and regulators? And were they greedy, stupid, or asleep? What was the role of government? And what part did we, as consumers, play in all this? How do we get through this difficult period of transition to a more sustainable economy, one based on investment and exports, rather than on borrowing and consumption? With the same probing lucidity he brought to Who Runs Britain?, Robert Peston takes us step-by-step towards a common sense way to fix this mess.

Who makes the decisions in this country? Who is the power behind the throne? Who's really in charge? This book provides an overview of behind-the-scenes stories of Britain's hidden power brokers and the reasons behind their rise. It is useful for those who want to know what's really happening in this country, and why.

Product Description: In Brown’s Britain, award-winning journalist Robert Peston explains for the first time the REAL nature of the relationship between Blair and Brown. With the ease of a born storyteller, he gives the first truly authoritative account of the extraordinary deal they did back in 1994, the subsequent collapse of trust between them, and the growing crisis as they almost came to blows in the run-up to the 2005 election...read more