High Wire

The Precarious Financial Lives of American Families

Business & Finance, Marketing & Sales, Consumer Behaviour
Cover of the book High Wire by Peter Gosselin, Basic Books
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Author: Peter Gosselin ISBN: 9780786744497
Publisher: Basic Books Publication: June 9, 2009
Imprint: Basic Books Language: English
Author: Peter Gosselin
ISBN: 9780786744497
Publisher: Basic Books
Publication: June 9, 2009
Imprint: Basic Books
Language: English

Peter Gosselin predicted in High Wire that the American worker would take on an exceedingly high level of risk in the American economy, and would be ever more exposed to the volatility of the market. Today, Gosselin's worst fears have been realized. American families are walking a high wire in which a medical crisis, a natural disaster, or the loss of a job could send them into free fall. And as the housing crisis worsens and banks and insurers collapse, many have already fallen. High Wire reveals the quiet corrosion of American living standards and shows how the “ownership society” has turned into the “on-your-own society”-with devastating consequences.

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Peter Gosselin predicted in High Wire that the American worker would take on an exceedingly high level of risk in the American economy, and would be ever more exposed to the volatility of the market. Today, Gosselin's worst fears have been realized. American families are walking a high wire in which a medical crisis, a natural disaster, or the loss of a job could send them into free fall. And as the housing crisis worsens and banks and insurers collapse, many have already fallen. High Wire reveals the quiet corrosion of American living standards and shows how the “ownership society” has turned into the “on-your-own society”-with devastating consequences.

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