America's Brewing Debt Crisis
Failed to add items
Sorry, we are unable to add the item because your shopping basket is already at capacity.
Add to cart failed.
Please try again later
Add to wishlist failed.
Please try again later
Remove from wishlist failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
₹0.00 for first 30 days
LIMITED TIME OFFER
Get 2 months for ₹5/month
Offer ends on 14 April, 2026 at 23:59.
Pay ₹5/month for 2 months and ₹199/month after 2 months, Cancel anytime. Offer ends on 14 April 2026 at 23:59. Take this offer!
1 credit a month to use on any title to download and keep.
Listen to anything from the Plus Catalogue—thousands of Audible Originals, podcasts and audiobooks.
Download titles to your library and listen offline.
1 credit a month to use on any title to download and keep
Listen to anything from the Plus Catalogue—thousands of Audible Originals, podcasts and audiobooks
Download titles to your library and listen offline
₹199 per month after 30-day trial. Cancel anytime.
America's Brewing Debt Crisis
Narrated by:
Kevin Stillwell
Buy Now for ₹65.00
-
Narrated by:
-
Kevin Stillwell
-
Written by:
-
Robert Litan
About this listen
Almost as soon as the financial crisis struck in late 2007, policy-makers began working to prevent another one. The roots of the crisis, they contended, lay in reckless lending and excess debt. Banks had made massive loans to “subprime” borrowers, who had little ability to repay them, and the banks funded these investments with borrowed money. When the US housing bubble burst, millions of Americans defaulted on their mortgages, and the overleveraged banks collapsed. The government had to bail them out, and US taxpayers picked up the bill.
"America's Brewing Debt Crisis" is from the September/October 2016 issue of Foreign Affairs.
©2016 Foreign Affairs (P)2016 Audible, Inc.
No reviews yet