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The Trillion Dollar Meltdown

The Trillion Dollar Meltdown

The Trillion Dollar Meltdown

Easy Money, High Rollers, and the Great Credit Crash

by Charles R. Morris

The Trillion Dollar Meltdown explains the arcane financial instruments, chicanery, policy misjudgments, dogmas and delusions that created the greatest credit bubble in world history. It also warns that continual denial and concealment could cause the crisis to stretch out for years if financial and government leaders continue to downplay the problem. Charles Morris helps readers understand how the world economy has been put on the brink — and the radically reshaped political/economic landscape that will define the post-crash era.

What You'll Learn

In this summary of The Trillion Dollar Meltdown, you will learn:

  • How to grasp the breakdown in financial markets that affects the entire world economy.
  • How America's shift from a creditor nation to a debtor nation affects Americans and the rest of the world's population.
  • What two paths can be followed to raise the savings we need to invest and grow.
  • How the American government and finance executives continue on a course to disaster by tending to downplay and conceal problems.
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