It arrived like an unpredicted midnight storm -- one day political leaders were praising Canada's strong economy, and the next day, they declared the country -- indeed the entire world -- had slipped into a deep recession.
How could such financial devastation occur so widely and rapidly? Who were these entities named Fannie Mae and Freddie Mac, and why should their actions affect us in Canada? What caused a massive insurance company to declare losses of hundreds of billions of dollars? Where will it end -- at your workplace, your doorstep, or your savings account and RRSP?
Bubbles, Bankers & Bailouts addresses these concerns in a direct, informative and often wry manner. Employing an entertaining narrative followed by a comprehensive Q&A format, Bubbles, Bankers & Bailouts cuts through business jargon and over-hyped commentary to deal with serious issues such as: How safe is my job? Where will it end? What can I do to protect my financial situation? Why is this changing international finance forever? Will it affect Canada less than other countries? Or more than them?
Authors
- Control Number Identifier
- CaOOCEL
- Dewey Decimal Classification Number
- 332.02400971
- Dewey Decimal Edition Number
- 22
- General Note
- Issued as part of the desLibris books collection
- Geographic Area Code
- n-cn---
- ISBN
- 9781553653196 9781926706801
- LCCN
- HB3722
- LCCN Item number
- R49 2009eb
- Modifying agency
- CaBNVSL
- Original cataloging agency
- CaOONL
- Physical Description | Extent
- 1 electronic text (135 p.)
- Publisher or Distributor Number
- CaOOCEL
- Rights
- Access restricted to authorized users and institutions
- System Control Number
- (CaBNVSL)slc00224866 (OCoLC)659392014 (CaOOCEL)434654
- System Details Note
- Mode of access: World Wide Web
- Title proper/short title
- Bubbles, bankers and bailouts
- Transcribing agency
- CaOONL
Table of Contents
- BuBBles Bankers Bailouts 2
- BuBBles Bankers 2
- Bailouts 2
- BuBBles Bankers 2
- Bailouts 2
- BuBBles Bankers Bailouts 3
- BuBBles Bankers 3
- Bailouts 3
- BuBBles Bankers 3
- Bailouts 3
- Virtue does not come from money but from virtue comes money and all other good things both to the individual and to the state. 7
- There is enough money in the world for everyones need but not for everyones greed. 7
- How the economic crisis started . . . and how to ride it out 9
- What the heck happened 17
- How can the problems of big international banks and insurance companies have a negative effect on me 38
- The meek shall inherit the earth. But not the mineral rights. 41
- Who is to blame for this disaster 42
- A few words about our economy our economic fundamentals. They are rock solid. 44
- Are we sliding into another Great Depression 45
- Couldnt the experts see this coming 48
- This is far and away the strongest global economy Ive seen in my business lifetime. 51
- Is technology to blame 52
- How are our leaders dealing with the situation 56
- How much can we count on President Obama to fix things 59
- What are other countries doing 62
- What steps are being taken to prevent this happening again 66
- What happened to Iceland How can an entire country go broke 71
- Now that everybody agrees were in a serious recession how long will it last 77
- Some people are warning of deflation. Should I be worried 81
- I keep hearing about strong and weak currencies. Whats the difference which term fits the loonie and why should I care 84
- A man without money moves quickly through the marketplace. 87
- Who is John Maynard Keynes and why are so many people talking about him 88
- What will be the long-term effects of this crisis 93
- I have found a flaw. 97
- How have Canadian banks come out of this 98
- How far will the value of my house fall 103
- How safe is my job 105
- The financial crisis has become an economic crisis and the world is entering an economic period unlike and potentially as dangerous as anything we have faced since 1929. 107
- What will happen with the stock market 108
- Looking back on it it was madness. 110
- The value of my has dropped through the floor. Will it ever recover 111
- The rules say I must withdraw a minimum percentage from my . This seems unfair given its sharply decreased value. Whats happening to help me out 116
- Could the Big Three automakers go broke and should I care 118
- Why are many people promoting gold as an investment 122
- How will the crunch affect my credit card debt 126
- Ive never seen such uncertainty in terms of looking forward to the future. Im very worried about the Canadian economy. 128
- What became of global warming the last crisis before this one 129
- If this too shall pass whats the long-term outlook for Canada 131
- Its the economy falling not the sky 134
- Glossary 136
