A riveting indictment of those responsible for our current financial messBailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation - where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times.Entertaining and informative, this book clearly shows you how years of trying to control the economy with easy money has finally caught up with the federal government and how its practice of repeatedly rescuing Wall Street has come back to bite them.
The definitive book on the financial crisis of 2008
Names the villains responsible for this tragedy-from financial regulators to politicians
Shows how each bailout throughout modern history has impacted what happened in the future
Examines why the consumer/taxpayer is left suffering in an economy of bubbles, bailouts, and possible inflationScathing, but fair, Bailout Nation is a voice of reason in these uncertain economic times.
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sub-standard audio quality
Strong takes and food for thought.
Quite the tour de force of an audio book. I recommend a second listen as the 9 hours is really packed with critical thoughts that should be understood. Whether you end up agreeing fully with Mr. Ritholtz, or not, this one gives you much intellectual curd to chew on.
- snapea hater