An assessment of fiscal blunders in foreign lands, which details how these global economic repercussions were felt on American soil. Financial bubbles grew and burst, not only in the U.S. but in countries all over the world. The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge. Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a pi?ata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish. And the United States simply wanted more of everything it already had.
Examines the challenges facing developing nations including hunger, infectious diseases, environmental damage, global recession, democracy, foreign aid, and more.
Chronicles the global financial crisis of 2008, detailing causes, major events, key persons, and the aftermath. Includes photographs, a timeline, a glossary, and further reading sources.
how America's essential institution works, and how it doesn't
Kaiser, Robert G.
2013
A look at the inner workings of Congress in the early twenty-first century, focusing on the Dodd-Frank Wall Street Reform and Consumer Protection Act and discussing protocols, players, lobbying, partisanship, and more.
Contains twenty-four essays that offer varying perspectives on issues related to the reform of Wall Street, discussing causes of the financial crisis, whether or not financial reform is needed, and the effectiveness of legislation.
