How the Republicans Engineered the Stock Market Crash of 1929 and the Financial Meltdown of 2008 - Couverture souple

Beaudreau, Bernard C.

 
9780557060610: How the Republicans Engineered the Stock Market Crash of 1929 and the Financial Meltdown of 2008

Synopsis

Shows how and why the Stock Market Crash of 1929 and the Financial Meltdown of 2008 both occurred under Republican Administrations. In both cases, unsustainable policy measures aimed at increasing purchasing power led to boom and bust. In the 1920's, tariff policy was used to bolster product markets; in the 1980's and 1990's, easy credit (consumer and mortgage) policies were used to do likewise. Both proved to be unsustainable, leading ultimately to financial meltdowns---the Stock Market Crash of 1929 and the Financial Meltdown of 2008.

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Présentation de l'éditeur

Shows how and why the Stock Market Crash of 1929 and the Financial Meltdown of 2008 both occurred under Republican Administrations. In both cases, unsustainable policy measures aimed at increasing purchasing power led to boom and bust. In the 1920's, tariff policy was used to bolster product markets; in the 1980's and 1990's, easy credit (consumer and mortgage) policies were used to do likewise. Both proved to be unsustainable, leading ultimately to financial meltdowns---the Stock Market Crash of 1929 and the Financial Meltdown of 2008.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.