Is Sovereign Debt the New Sub Prime?

Is Sovereign Debt the New Sub Prime?

by Aaron Task
     
 

An objective assessment of the growing risk of sovereign debt default–and its massive implications for the global economy.

 

Investors now fear certain nations will be unable to pay their debts. These are not idle or academic concerns. Rising mortgage defaults and credit card delinquencies put many banks on the brink of bankruptcy in 2008

Overview

An objective assessment of the growing risk of sovereign debt default–and its massive implications for the global economy.

 

Investors now fear certain nations will be unable to pay their debts. These are not idle or academic concerns. Rising mortgage defaults and credit card delinquencies put many banks on the brink of bankruptcy in 2008, sending the global economy into a tailspin. Sovereign debt defaults could have even greater ramifications, endangering global recovery and causing geopolitical instability and social unrest. 

Product Details

ISBN-13:
9780132685436
Publisher:
Pearson Education
Publication date:
04/11/2011
Series:
FT Press Delivers Shorts
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
15
File size:
249 KB

Meet the Author

Aaron Task, host of Tech Ticker, previously served as a Wall Street reporter at TheStreet.com. A guest on Fox Business News, MSNBC, ABC, and other leading media outlets, his daily markets podcast "The Real Story" was an iTunes award-winner.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >