The Housing Boom and Busttxt,chm,pdf,epub,mobi下载
作者:
Thomas Sowell
出版社: Basic Books
出版年: 2009-4-24
页数: 192
定价: USD 24.95
装帧: Hardcover
ISBN: 9780465018802
内容简介
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This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The creative” financing of home mortgages and the even more creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of car...
This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The creative” financing of home mortgages and the even more creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built upand then suddenly collapsed. The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed. What to do, now that we are in the midst of an economic disaster, is yet another storyone whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.
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