SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

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Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
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SKU: 4343427190

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beautyone
Fort Morgan, US
★★★★★ 4
Not good for sensitive tummies or IBD
Size: 5.5 Ounce (Pack of 1)
Unfortunately my shepherd got bad diarrhea even with just half one. But the product smells really good. Like a nice Smoky flavor. I used to feed to my little poodle girl who had lots of allergies and sensitivities and very small amounts occasionally. But unfortunately my GSD can't handle much of anything so I don't hold it against the product, but if you have a very sensitive tummy dog, give a small amount in the beginning to try.
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Reviewed in the United States on October 2, 2024
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Madeleine Barmark
Cuba, US
★★★★★ 5
My dogs favorite
Size: 5.5 Ounce (Pack of 1)
This is one of my dogs favorite chews. I love it to as she can work on it for days and weeks without damaging her teeth. She stays occupied and seems to love the taste
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Reviewed in the United States on October 13, 2024
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Chelsea Williams
Waukegan, US
★★★★★ 3
No
Size: 5.5 Ounce (Pack of 1)
My dog chewed through this in like 20 minutes while other brands she will usually be able to work on for several days. This looks like a good value because of the size, but it must not be as hard. She obviously liked it but for the price, no
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Reviewed in the United States on February 5, 2024
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Cecily N. McCulley
Phoenix, US
★★★★★ 5
Aussie loves it!
Size: 5.5 Ounce (Pack of 1)
This dog chew has been a lifesaver. Our Australian Shepherd is about to turn 11 months. I started giving him the Whole Paws Lactose and Grain Free dog chew about 3 months ago. He is an aggressive chewer and super persnickety about his food. This chew lasts forever. I usually buy the medium for him. The X large is almost too big for him, but when it is all our Whole Foods has, I get it.
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Reviewed in the United States on March 27, 2022
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Lynie
Birmingham, US
★★★★★ 5
Fun
My dogs love these ducks. They are pretty durable but I have had three dogs at a time and they all love them. Our new puppy has taken over the duck from my older dog and she is not happy.
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Reviewed in the United States on July 17, 2022

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