Dumb Money : How Our Greatest Financial Minds Bankrupted the Nation Paperback / softback
by Daniel Gross
Paperback / softback
Description
The financial crisis that has gripped this country since last September has had so many twists and turns, it would make for a great drama -- if it all were not so real and damaging.
Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning.
The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care. So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme?
It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining.
In Dumb Money, he offers a guide to the debacle and to what the future may hold.
This is not so much a book about who did what, though that's part of the story.
Rather, it pieces together the building blocks of the debt-fueled economy, and distills the theory and personalities behind our late, lamented easy money culture.
Dumb Money is a book that finally lays it all out in an engaging way, and might just help people invest their money smartly until the gloom passes.
Information
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Out of stock
- Format:Paperback / softback
- Pages:112 pages
- Publisher:Simon & Schuster
- Publication Date:14/04/2009
- Category:
- ISBN:9781439159873
Other Formats
- EPUB from £4.99
Information
-
Out of stock
- Format:Paperback / softback
- Pages:112 pages
- Publisher:Simon & Schuster
- Publication Date:14/04/2009
- Category:
- ISBN:9781439159873