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Tillmann C. Lauk examines the process of law-making at the European level, paying particular attention to the laws regulating the banking sector. He describes the most important legislation influencing and regulating the global banking system, with a particular emphasis on the financial and economic effects of certain laws. He also examines the legislative process which led to the introduction of the single European currency - the EURO, and discusses the sustainability of the single currency and global fiat money system in principle.
The Triple Crisis of Western Capitalism is a powerful and challenging read. It insists on the need for radical reform both of banking and of international money. It gathers together much information that needs to be brought to the public's attention and weaves it into a strong argument, making an important contribution to the debate on the future of finance.