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Housing Boom and Bust

Name: Housing Boom and Bust
Brand: Blackstone Publishing
SKU: 40385709
Price: 10.09 EUR
Availability: InStock
Author: Thomas Sowell
ISBN: 9781481545198

Thomas Sowell

Robertson Dean

Language

English

Audiobook MP3

Libristo code: 40385709

Publishers Blackstone Publishing, May 2009

This is a plain-English explanation of how we got into the current economic disaster that developed... Full description

Libristo code: 40385709

25 b

10.09 € VAT included

In stock Immediate digital delivery

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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 these mortgages to countries around the world, are part of the story of how a financial house of cards was built up and 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.Sowell unravels the tangled threads of the situation and explores the implications to reveal some surprising and sobering lessons.