Dumped on, Bond Market Spits Crises!
Book Details
Format
Paperback / Softback
ISBN-10
076185617X
ISBN-13
9780761856177
Publisher
University Press of America
Imprint
University Press of America
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Aug 1st, 2011
Print length
158 Pages
Weight
249 grams
Dimensions
23.20 x 15.70 x 1.10 cms
Product Classification:
Economic & financial crises & disasters
Ksh 7,100.00
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This book explores the root causes of financial crises. The bond market is the key financier of our mainstreamed culture: inclusive but innovative enough to breed cultural excesses. Under such climate, all it takes is a good shock and a dose of fear for rounds to be made with crises.
Dumped On, Bond Market Spits Crises! explores the root causes of our once-a-decade crises, especially the crisis of 2007-2008. This book is not a thesis affirming the cultural doctrinaire of "sex, drugs, and rock and roll" as necessary vainglories or desirable initiation ritual into our pop culture; what it does, however, is point to the bond market as exactly that. Much more so than the post-war times, the bond market is the key financier of our mainstreamed culture: inclusive but innovative enough to breed crookery and other sanctioned cultural excesses. It can be hard to resist the lure of credit that the bond market enables. Under this climate, all it takes is a good shock and a dose of fear for this bond market to make its rounds with crises.
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