Financial Alchemy in Crisis: The Great Liquidity Illusion

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In July 2007, the combination of a seemingly unstoppable rise in house prices and bullish banks swimming in liquidity meant that almost anyone could get a mortgage in the UK or US. Little more than a month later the supply of credit dried up practically overnight, leaving the world wondering how bank liquidity could suddenly vanish.

In Financial Alchemy, Anastasia Nesvetailova shows that this liquidity never actually existed. The...

Format:Paperback

Language:English

ISBN:0745328776

ISBN13:9780745328775

Release Date:July 2010

Publisher:Pluto Press (UK)

Length:204 Pages

Weight:0.60 lbs.

Dimensions:0.5" x 5.3" x 8.3"

Related Subjects

Business Business & Investing Political Science Politics & Social Sciences

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Financial Alchemy in Crisis: The Great Liquidity Illusion

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