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Dumped on, Bond Market Spits Crises!
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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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