The Importance of Keeping America's Entrepreneurial Risk
|Running Time: 204 seconds
||Published: 2011-01-24 09:59:38
Why did a relatively minor problem in the U.S. subprime mortgage market nearly collapse the entire global financial system?David Smick says that the Great Credit Crunch of 2007-08 exposed a thicket of hidden problems that now threaten every American.In The World Is Curved, Smick describes how today's risky environment came to be, and why the mortgage mess is a symptom of future trouble.
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