A columnist for the "Economist" discusses the history of monetary booms and busts and describes the consequences of the enormous amounts of unrepayable debt racked up by the United States for the country and its citizens.
Sovereign debt: from safety to default
by ebrary, Inc, Kolb, Robert W.
fromRobert W. Kolb series in finance
An intelligent analysis of the dangers, opportunities, and consequences of global sovereign debt Sovereign debt is growing internationally at a terrifying rate, as nations seek to prop up their collapsing economies. One only needs to look at the sovereign risk pressures faced by…
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