China and the Mortgaging of America
Economic Interdependence and Domestic Politics| By: | H. Thompson |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230243590 |
| eText ISBN: | 9780230283305 |
| Edition: | 0 |
| Copyright: | 2010 |
| Format: | Page Fidelity |
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In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.