The World Financial Crisis Of 2008 - 2010

The World Financial Crisis Of 2008 - 2010

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Today's World Financial Crisis is the most significant economic event of our lifetimes. As this book goes to press, the economy is deteriorating at a far faster rate than anyone could have imagined. Polls say that more Americans fear the financial crisis than fear a terrorist attack.This book explains:* What happened and why.* Who caused this mess.* How to save our pensions and our savings.* What will happen next.But the real estate bubble had moved abroad a€” fueled by easy credit, speculation drove home prices higher and higher. ... banks had purchased American securities (including CDOS) based on subprime mortgages and credit card debt.

Title:The World Financial Crisis Of 2008 - 2010
Author: Daniel Quinn Mills
Publisher: - 2009

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