|PDF Title||:||Secret Weapon|
|Author||:||Kevin D. Freeman|
|Total Page||:||306 Pages|
|PDF Size||:||1.61 MB|
|PDF Link||:||Read and Download|
Here on this page, we have provided option to read “Secret Weapon – How Economic Terrorism Brought Down the U.S. Stock Market and Why It can Happen Again PDF” and please feel free to download PDF file for offline reading it from download link Given below to Your Computer/Mobile Storage. For more books from Same Author You can visit Regnery Publishing.
Secret Weapon – How Economic Terrorism Brought Down the U.S. Stock Market and Why It can Happen Again- Download PDF Book:
“Aside from the housing crisis, high levels of debt throughout the U.S. economy were another source of strategic vulnerability. This debt was a major structural problem, but it should not have been as destructive as it turned out to be.
Alarmists note that the ratio of nonfinancial debt (debt held not by financial institutions but by households, businesses, and the government) to GDP was the highest in history. In rough numbers, the ratio as of 2009 was around 2.3 times nominal GDP, up from 1.4 times in 1980.
Some economists argue that the Fed’s easy money policy, especially following the technology bubble and the 9/11 attacks, helped to create the debt problem just as it helped stoke the housing crisis. In their view, interest rates were kept too low for too long, encouraging excessive debt-driven speculation.
The idea was that if interest rates were low, it was easy to borrow money, make a higher return, and then pay back the money and take a profit.”
PDF Preview – Read, Think and Grow
Download Link: Secret Weapon – How Economic Terrorism Brought Down the U.S. Stock Market and Why It can Happen Again PDF File
Our intention with this initiative is only to help needy people. If the PDF file download link is not working or this PDF Content is Copyright material and if you want to unpublish it, Please REPORT IT.