How Credit Crises Happen

How Credit Crises Happen

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The most recent credit crisis brought to light many problems with our financial system. This book offers plain-spoken explanations of what went wrong during the past crises and explains how to prevent future problems.In the case of credit cards, only paying the minimum amount owed each month can often lead to credit card debt. Credit card ... on. Debt. Federal, state, and local governments also incur debt by borrowing money to pay for their expenses.

Title:How Credit Crises Happen
Author:Barbara Gottfried Hollander
Publisher:The Rosen Publishing Group - 2011-01-15


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