The Fall of the House of Credit 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024


The Fall of the House of Credit

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Milne, Alistair 作者
译者
2009-8 出版日期
382 页数
$ 37.28 价格
丛书系列
9780521762144 图书编码

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The Fall of the House of Credit 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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The Fall of the House of Credit 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024



The Fall of the House of Credit 在线电子书 用户评价

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为了把来龙去脉讲清楚于是显得很啰嗦啊

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为了把来龙去脉讲清楚于是显得很啰嗦啊

评分

为了把来龙去脉讲清楚于是显得很啰嗦啊

评分

为了把来龙去脉讲清楚于是显得很啰嗦啊

评分

为了把来龙去脉讲清楚于是显得很啰嗦啊

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The Fall of the House of Credit 在线电子书 图书描述

How was it possible for problems in one relatively small sector in the global financial system - the American sub-prime mortgage market - to lead to the most serious economic crisis in living memory? In this 2009 book, Alistair Milne untangles the complex world of modern banking and examines solutions to the crisis. He shows how the banks misused their ability to securitize loans and, by borrowing short and lending long, exposed themselves to exceptional risks when asset prices started to fall. But it has been above all a collapse in trust and confidence, rather than poor lending decisions, which has fuelled the crisis. Despite all the talk of 'toxic' assets, the book argues that most assets are sound and can be repaid. The imperative is to restore confidence through collective action involving asset purchases, guarantees and recapitalization. Failure to do so will mean that taxpayers will be carrying a crippling tax burden for generations to come.

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