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Books on the GFC

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BradK

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Hi,

Can anyone recommend any good books on the nuts and bolts of the GFC? What happened? How was it 'fixed'? What is to come?

I realise that we are still in the midst of it - and it probably has a bit to play out. But, I am talking about GFC I - from the collapse of too big to fails to the bailout.

Books?
Websites?
YouTube clips?


Thanks
Brad
 
Re: Global Meltdown resources

There are a bunch of presumptions in your post.

I know you're a reasonable poster Brad K.

A collapse in the price of commodities though? Maybe a few?

Anyway here's something to consider

 
Re: Global Meltdown resources

BradK said:
Hi,

Can anyone recommend any good books on the nuts and bolts of the GFC? What happened? How was it 'fixed'? What is to come?

I realise that we are still in the midst of it - and it probably has a bit to play out. But, I am talking about GFC I - from the collapse of too big to fails to the bailout.

Books?
Websites?
YouTube clips?


Thanks
Brad
Click to expand...


Haha. Very good. When I saw the title I thought that this is a new IPO called "Global Meltdown Resources". Now that would be funny if it happened. I wonder how much they would raise:D
 
Re: Global Meltdown resources

GumbyLearner said:
There are a bunch of presumptions in your post.

I know you're a reasonable poster Brad K.

A collapse in the price of commodities though? Maybe a few?

Anyway here's something to consider
Click to expand...

Thanks for posting up Gumby, sums it all up and unfortunately for a year or two its all bad. Trader Dan this morning from JSMinset

What Is Wrong With Our Financial Markets
Posted: Jul 14 2010 By: Dan Norcini Post Edited: July 14, 2010 at 5:28 pm

Filed under: Trader Dan Norcini

Dear CIGAs,

Here is a perfect example of what has gone wrong with our financial markets and why they are becoming irreparably destroyed as an indicator of true value. As I have said repeatedly, the influx of hedge fund money under the control of black box algorithms instead of providing liquidity as they falsely claim is actually working to undermine the integrity of our financial markets.

We no longer have a venue where buyers and sellers meet to determine “value” but rather where computers push prices in attempts to generate price movement so that they can create profits out of that movement based on their ability to fire off a series of rapid fire Buy or Sell orders. This has absolutely nothing to do with balancing the forces of supply and demand and everything to do with separating the investing or trading public from their capital who are the minnows swimming in this sea of unethical and unprincipled sharks.

Trader Dan
Click to expand...
 
Re: Global Meltdown resources

LOL... I think there has been a bit of misunderstanding about my title... I can see that now.

Mods, can you change it to - 'Books on the GFC'

Thanks
Brad
 
Re: Global Meltdown resources

Some of these might be useful re your question Brad:

Bailout Nation by Barry Ritholtz

The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It by Robert J Shiller

The Big Short: Inside the Doomsday Machine by Michael Lewis

Reviews of these (and others) on Amazon will give you an idea of what each one is like.

Hope this helps.
 
I agree, The Subprime solution by Shiller.

Also, How capitalism will save us by Steve Forbes mentions the crisis but is more about true capitalism.
 

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