Financijski šok: globalna panika i vladine sanacije
The subprime mortgage crisis caused the financial market crash and the global economic crisis. The author explains in a simple and clear way the causes of the crisis, from the collapse of real estate ownership to the mistakes of Alan Greenspan, former cha
The book begins with a brief ‘history’ of the crisis – where it began, how it spread and what its consequences were. The author then illuminates the deeper causes of the crisis, such as the psychology of homeownership, demystifies the complex financial engineering that allowed renters to hide the growing risks and shows how investors, on a global scale, turned a deaf ear to the potential dangers, despite key warning signs.
Summary:
- A brief overview of subprime mortgages
- Assessing subprime mortgages
- Everyone has a right to a home
- Governor Greenspan is counting on residential real estate
- Global financiers want their share
- Bad lenders crowd out the good ones
- Financial engineers and their creations
- The downfall of the builders
- Regulatory change
- Explosion, bubble, crash and bust
- The credit crunch
- Timid lawmakers become bold
- Economic consequences
- Back to the future
Original title
Financial shock
Translation
Igor Gvozdanović
Dimensions
23 x 15 cm
Pages
288
Publisher
Mate d.o.o, Zagreb, 2017.
Latin alphabet. Paperback.
Language: Croatian.
ISBN
978-9-53246-089-6
One copy is available
Condition:New
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