Overview

It's 3 a.m. in New York and 4 p.m. in Shanghai, and while Brasilia awakens, the world economy is running relentlessly - but at what cost?This hard-hitting book reveals the hidden mechanisms of a financial system that favors speculation to the detriment of the real economy. The author shows that offshoring benefits only the financiers, but is a disaster for our indebtedness and strategic autonomy. In fact, we pay much more for ""Made in China"" than for ""Made in France"", because the taxes and charges no longer paid by relocated companies lead our leaders to increase our taxes and duties to cover the country's needs (accounting study appended).To counter this, the author proposes 15 common-sense decisions, including rebuilding an autonomous, sustainable local economy, and overhauling financial practices that have become outrageous. Drawing on his experience in China, he analyzes the risks faced by our democracies in the face of a totalitarian China, stupidly enriched by the West and now dangerously hyper-powerful.

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