Dumped on, Bond Market Spits Crises!

ISBN: 076185617X

Author: Odoom, C. Fiifi

Condition: New

Product Description Dumped On, Bond Market Spits Crises! explores the root causes of our once-a-decade crises, especially the crisis of 2007-2008. This book is not a thesis affirming the cultural doctrinaire of "sex, drugs, and rock and roll" as necessary vainglories or desirable initiation ritual into our pop culture; what it does, however, is point to the bond market as exactly that. Much more so than the post-war times, the bond market is the key financier of our mainstreamed culture: inclusive but innovative enough to breed crookery and other sanctioned cultural excesses. It can be hard to resist the lure of credit that the bond market enables. Under this climate, all it takes is a good shock and a dose of fear for this bond market to make its rounds with crises. About the Author C. Fiifi Odoom is the research director for Asibir House, a consultancy group, and a professor at Douglas College, New Westminster, B.C., Canada. He is the author of Bond Market Root of Financial Crises?: Derivatives as Transformational Ponzi Traps in World Financial System and a forthcoming book, Mutual Fund of Social Programs: Does Canada have any High-Yielding Stock to offer the U.S.?. Odoom also serves as an associate editor for the Journal of Interdisciplinary Social Science and Global Studies Journal.