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The Housing Boom and Bust

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Language:
English
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ISBN:
9781481545181
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Grouping Information

Grouped Work IDaade8379-6fde-af83-0ac8-8fee00fc46e4
Grouping Titlehousing boom and bust
Grouping Authorsowell thomas
Grouping Categorybook
Last Grouping Update2020-07-16 07:30:11AM
Last Indexed2020-07-16 07:42:31AM

Solr Details

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authorThomas Sowell
author_displayThomas Sowell
display_description

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.

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title_displayThe Housing Boom and Bust
title_fullThe Housing Boom and Bust
title_shortThe Housing Boom and Bust
topic_facetBusiness
Nonfiction