This book was prompted by the current, lingering financial crisis, which has its basis in the disorderly financial practices of the United States. These practices have resulted in an accumulated debt which now requires the United States to run financial policies at artificially low interest rates. In principle, these low interest rates should flood the markets with ready money. Since the spread for banks is very thin, however, and they must carefully discriminate between available risks and finance only those propositions ...

Great Nations at Peril 2016, Springer

ISBN-13: 9783319363189

Softcover Reprint of the Origi edition

Trade paperback

Great Nations at Peril 2014, Springer

ISBN-13: 9783319100548

2015 edition