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The Housing Boom and Bust
Author: Thomas Sowell
Narrator: Robertson Dean
Unabridged: 4 hr 41 min
Format: Digital Audiobook Download
Publisher: Blackstone Audio, Inc.
Published: 05/14/2009
Category: Business & Economics
Synopsis
There was no single, dramatic event that set the current financial crisis off. A whole series of very questionable decisions by many people, in many places, over a period of years, built up the pressures that led to a sudden collapse of the housing market and of financial institutions that began to fall like dominoes as a result of investing in securities based on housing prices. This book is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse.