Is Sovereign Debt the New Sub Prime?

Business & Finance, Economics
Cover of the book Is Sovereign Debt the New Sub Prime? by Aaron Task, Pearson Education
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Author: Aaron Task ISBN: 9780132685436
Publisher: Pearson Education Publication: April 11, 2011
Imprint: FT Press Language: English
Author: Aaron Task
ISBN: 9780132685436
Publisher: Pearson Education
Publication: April 11, 2011
Imprint: FT Press
Language: English

An objective assessment of the growing risk of sovereign debt default–and its massive implications for the global economy.

 

Investors now fear certain nations will be unable to pay their debts. These are not idle or academic concerns. Rising mortgage defaults and credit card delinquencies put many banks on the brink of bankruptcy in 2008, sending the global economy into a tailspin. Sovereign debt defaults could have even greater ramifications, endangering global recovery and causing geopolitical instability and social unrest. 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

An objective assessment of the growing risk of sovereign debt default–and its massive implications for the global economy.

 

Investors now fear certain nations will be unable to pay their debts. These are not idle or academic concerns. Rising mortgage defaults and credit card delinquencies put many banks on the brink of bankruptcy in 2008, sending the global economy into a tailspin. Sovereign debt defaults could have even greater ramifications, endangering global recovery and causing geopolitical instability and social unrest. 

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