Is sovereign debt the new sub prime? /

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Bibliographic Details
Author / Creator:	Task, Aaron.
Imprint:	Upper Saddle River, NJ : FTPress, ©2011.
Description:	1 online resource ([17] pages)
Language:	English
Subject:	Debts, External. Debt relief. Financial crises. Economic stabilization. Debt relief Debts, External Economic stabilization Financial crises
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/13601892

Hidden Bibliographic Details
ISBN:	9780132685443 0132685442 9780132659963 0132659964
Notes:	Includes bibliographical references.
Summary:	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.

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