Credit Crisis

Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents due to unforeseen circumstances. Rather, these fluctuations result from the complex bargains made between politicians, bankers, bank shareholders, depositors, debtors, and taxpayers.

Mises wrote this book for the ages, and it remains the most spirited, thorough, and scientifically rigorous treatise on money ever to appear. This classic treatise was the first really great integration of microeconomics and macroeconomics, and it remains the definitive book on the foundations of monetary theory. As Rothbard points out in his introduction to "the best book on money ever written," economists have yet to absorb all its lessons.

In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, 50 lenders a month were going bust - and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.

In the midst of one of the most serious financial upheavals since the Great Depression, George Soros writes about the origins of the crisis and proposes a set of policies that should be adopted to confront it. Soros places the current crisis in the context of his decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity.

Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.

"She went home with someone else that night?" I would like to make it known, I have a lot more swagger than what it seems. I don't normally ask a girl out, have her fail to recognize it's a date, and then give me a high five - as if I'm her wingman - and take off with someone else. No. Normally I'm the one taking the girl home, but with Stella, it's been one failed attempt after another and frankly, I'm done trying. But thanks to my best friend getting married in Hawaii right before the school year starts, I'm stuck on a tropical island.

Credit card debt is a form of unsecured debt taken from a financial tool - usually credit cards. These credit card debts are generated when the credit card holder purchases products from these cards, and accumulates due to the interest charged on it. Difficulty arises because people are not able to repay their loans effectively or in time. When a card holder is unable to pay his debts he is declared as defaulter.

We need credit for everything nowadays, whether it's to buy a house, car, or get a loan. As you grow older, your needs change and so does your credit. Analyzing your own credit can be difficult if you don't understand what it entails. This audiobook will teach you the importance of credit and all the factors involved, from credit scores, debt, credit cards, and credit mistakes, that can contribute to or destroy ones' credit.

The credit crunch affected every investor and every consumer, every industry and every government program, yet few people truly understand how it happened. Subprime mortgages were center stage, but behind the scenes a conspiracy of greed among bankers, investors, rating agencies and regulators imperiled everyone's financial future. We need to know what went wrong and how to change the practices that led to this calamity.

In this shocking and illuminating road trip through an America ravaged by debt, award-winning film director James Scurlock examines our multitrillion-dollar addiction to easy credit in all of its absurdities and contradictions. Maxed Out ventures beyond the mind-numbing statistics to expose a...