The Storm: The World Economic Crisis and What It Means, Vince Cable
Teaching Business & Economics › Vol. 14 Nbr. 1, April 2010
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Summary
Vince Cable takes us through the origins of the current crisis by analysing how the subprime mortgage-lending market came about in the USA and, through ever increasingly complicated financial structures, the risk associated with that lending spread throughout the world's financial markets. Cable positions himself with a foot in either camp: financial markets are ever subject to booms, bubbles bursting and panics but on the whole the benefits of markets in goods and services as well as the benefits to be gained from trade outweigh the negatives.
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The Storm: The World Economic Crisis and What It Means, Vince Cable
GENERAL The Storm: The World Economic Crisis and What it Means, Vince Cable, Atlantic Books, 157 pages, £14.99, ISBN 978-1-84887 -057-4
The Storm is a well laid out, comprehensive tour of r...See the full content of this document
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