LEADER 03259nam 2200685 a 450 001 9910827987303321 005 20200520144314.0 010 $a0-470-46693-6 010 $a1-282-68410-8 010 $a9786612684104 010 $a0-470-46691-X 035 $a(CKB)1000000000715893 035 $a(EBL)416222 035 $a(OCoLC)430505256 035 $a(SSID)ssj0000129544 035 $a(PQKBManifestationID)11131839 035 $a(PQKBTitleCode)TC0000129544 035 $a(PQKBWorkID)10078815 035 $a(PQKB)10603648 035 $a(MiAaPQ)EBC416222 035 $a(Au-PeEL)EBL416222 035 $a(CaPaEBR)ebr10297621 035 $a(CaONFJC)MIL268410 035 $a(OCoLC)318703999 035 $a(OCoLC)1285725205 035 $a(FINmELB)ELB178381 035 $a(EXLCZ)991000000000715893 100 $a20081105d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aContagion $ethe financial epidemic that is sweeping the global economy--and how to protect yourself from it /$fJohn R. Talbott 205 $a1st ed. 210 $aHoboken, N.J. $cWiley$dc2009 215 $a1 online resource (271 p.) 300 $aDescription based upon print version of record. 311 $a0-470-59367-9 311 $a0-470-44221-2 320 $aIncludes bibliographical references and index. 327 $aBamboozled -- What didn't cause the U.S. housing boom and bust -- What did cause the U.S. housing boom and bust -- The contagion spreads from sub-prime to prime -- How low will housing prices go in the U.S.? -- The U.S. economy was not in great shape to begin with -- U.S. enters a long recession -- The global economy catches the contagion -- Too big to fail : the $400 trillion derivatives market -- Our local governments feel the pinch -- From Wall Street to Main Street -- Demographics magnify contagion -- Which investments and which countries will weather the storm the best? -- Stop the bleeding -- No future without reform -- A warning shot across our bow. 330 $aTough times are ahead and Talbott argues that the coming recession will be on a global scale, affecting economies across the world. We have had no real growth in GDP for the last ten years if purchases with government and personal debt are excluded. In effect, government borrowing and spending on the war and healthcare and Social Security and corporate give-aways combined with dramatic increases in personal spending funded by credit card and mortgage debt have funded unsustainable levels of personal and government consumption. The world's banks are threatened with insolvency due to bad mortgag 606 $aDeregulation$zUnited States 606 $aFinancial crises$zUnited States 606 $aFinance, Personal$zUnited States 607 $aUnited States$xEconomic conditions$y2001-2009 615 0$aDeregulation 615 0$aFinancial crises 615 0$aFinance, Personal 676 $a330.973 686 $a83.33$2bcl 700 $aTalbott$b John R.$f1955-$01605361 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910827987303321 996 $aContagion$93930560 997 $aUNINA