The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It

The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It
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The Subprime Solution: How Today’s Global Monetary Crisis Happened, and What to Do about It Description

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The mortgage crisis has devastated the lives of millions of individuals and now threatens to derail the U.S. economy and economies around the world. In this effective book reveals the very best-selling economist Robert Shiller origins of this crisis and proposes bold measures to solve it. It calls for an aggressive response – a restructuring of the institutional foundations of the financial method will not only enable individuals to return to purchase and sell homes with confidence, but to generate conditions for higher prosperity in America and the economy deeply interconnected world. Shiller blames the subprime crisis on the irrational exuberance that led two of the most recent economic bubbles – in stocks in the 1990s and in housing between 2000 and 2007. It shows how these bubbles led to the hazardous overextension of credit now resulting in seizures, bankruptcies and downs, and a global credit crunch. To restore confidence in the mark The Subprime Remedy: How Today’s Global Financial Crisis Happened, and What to Do about It

\n\nThe Subprime Answer: How Today’s Global Financial Crisis Happened, and What to Do about It Ebook

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