An engaging look at what led to the financial turmoil we now find
ourselves in
"Bailout Nation" offers one of the clearest looks at the
financial lenders, regulators, and politicians responsible for the
financial crisis of 2008. Written by Barry Ritholtz, one of today's
most popular economic bloggers and a well-established industry
pundit, this book skillfully explores how the United States evolved
from a rugged independent nation to a soft "Bailout Nation"-where
financial firms are allowed to self-regulate in good times, but are
bailed out by taxpayers in bad times.
Entertaining and informative, this book clearly shows you how
years of trying to control the economy with easy money has finally
caught up with the federal government and how its practice of
repeatedly rescuing Wall Street has come back to bite them.The
definitive book on the financial crisis of 2008Names the culprits
responsible for this tragedy-from financial regulators to
politiciansShows how each bailout throughout modern history has
impacted what happened in the futureExamines why the
consumer/taxpayer is left suffering in an economy of bubbles,
bailouts, and possible inflationRitholtz operates a hugely popular
blog, www.ritholtz.com/blog
Scathing, but fair, "Bailout Nation" is a voice of reason in
these uncertain economic times.
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