Press Release Summary: A new article soon to be published, details why the UK and world economy is prone to sudden collapse due to commercial banks being given the privilege of creating 'virtual money'.
Press Release Body: The author James Bruges insists that commercial banking systems are effectively counterfeiting money to sustain forced growth. He exposes the uncomfortable theory that banks should not be allowed to create 'unreal' money and debt that are nothing but virtual commodities in a fictional world.
As a response to the recent credit crunch, the article has just been written as a bonus chapter for the new edition of The Big Earth Book. (£12.99 PB Sawday's Fragile Earth, 25th September 2008) which tackles the overwhelming social, economic and environmental consequences to the irretrievable loss of the Earth's finite resources.
If you would like to explore this subject and form your own editorial item, debate or comment, we are inviting journalists and finance professionals to preview the full article prior to publication.