After the Music Stopped
(Sprache: Englisch)
An assessment of the U.S. financial crisis and its lessons explores its complex contributing factors while revealing some of its more devastating consequences, outlining potentially divisive solutions that may be necessary for recovery.
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An assessment of the U.S. financial crisis and its lessons explores its complex contributing factors while revealing some of its more devastating consequences, outlining potentially divisive solutions that may be necessary for recovery.
Klappentext zu „After the Music Stopped “
With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing historyteaches is that it will happen here again.
Bibliographische Angaben
- Autor: Alan S. Blinder
- 2013, 496 Seiten, Gebunden, Englisch
- Verlag: Putnam
- ISBN-10: 1594205302
- ISBN-13: 9781594205309
Sprache:
Englisch
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