This is a thoroughly referenced history that explains the causes of the 2007 Housing Crisis in the United States. The history starts with the Dot Com Bubble bursting in 1999 with references back to policies and regulations enacted even before 1999. This book examines the causes of the housing meltdown and then explains who is to blame for the crisis. Most importantly this book explains how this crisis can be avoided in the future.
This book also understands that this crisis is a microcosm of a much bigger question. This crisis has brought the essential question of the 20th century and now 21st century back to the forefront. Is America and should America be a capitalist nation or a nation growing towards Progressive ideals. Is government the solution or the problem? This book answers squarely answers this question using the history of the 2007 Housing Crisis as the framework for the discussion.
This book also understands that this crisis is a microcosm of a much bigger question. This crisis has brought the essential question of the 20th century and now 21st century back to the forefront. Is America and should America be a capitalist nation or a nation growing towards Progressive ideals. Is government the solution or the problem? This book answers squarely answers this question using the history of the 2007 Housing Crisis as the framework for the discussion.
