Whoops! Why Everyone Owes Everyone and No One Can Pay

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John Lanchester is a journalist, novelist and winner of the Whitbread First Novel Award. He is a regular contributor to the London Review of Books and the New Yorker, with a monthly column in Esquire. John`s piece on our love affair with the City, `Cityphilia`, generated much response on its publication in January 2008 and indeed predicted a worldwide crash based on the misuse of financial derivatives. In October 2008 he charted the crisis as it had developed over the year in `Cityphobia`, which

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