the master plan

The Master Plan by Gidelyon chronicles the unfolding of a global economic crisis, starting in the summer of 2007 with the introduction of terms like "liquidities crisis" and "sub-prime." This crisis, initially a niche banking concern, escalated into a prolonged drama filling front-page news and academic discourse throughout 2008, a year marked by significant economic upheaval. As the crisis threatened to dismantle global economies, with banks and industry giants like GM, Ford, and Chrysler teetering on the brink, a sense of desperation pervaded. Hope emerged with the election of Barack Obama, the USA's first African-American president, whose arrival signaled a profound desire for change after years of war and economic strain. Obama, perceived with a near-messianic aura, faced the immense challenge of averting the accelerated collapse of the American economy. The novel suggests this period may echo Charles Mackay's observations on collective madness and financial delusion, while also posing critical questions about the future of a rapidly growing global population and the sustainability of consumerism in the face of limited resources.