China And The Mortgaging Of America

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China And The Mortgaging Of America

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In 2008, the economic relationship between the United States and China almost collapsed due to a cr…

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China And The Mortgaging Of America

In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.