Saturday, January 28, 2017

Review: Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse

My rating: 3 of 5 stars

This one of a quite contradicting view of 2008 Lehman Crisis. Here the author blaming the Government particularly the President Bush & his economic advisories. While the mainstream media maintains that rampant capitalism caused the 2008 financial crisis, the federal government is actually to blame. That’s because by depressing interest rates and fostering economic bubbles, the government caused the near disintegration of the US economy.
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