China And The Mortgaging Of America: Economic Interdependence and Domestic Politics

Hardcover | October 15, 2010

byHelen Thompson

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In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.

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In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.

HELEN THOMPSON is Senior Lecturer in the Department of Politics and International Studies at the University of Cambridge, UK. Her most recent book is Might, Right, Prosperity and Consent: Representative Democracy and the International Economy 1919-2001.

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Format:HardcoverDimensions:208 pages, 8.5 × 5.5 × 0.5 inPublished:October 15, 2010Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230243592

ISBN - 13:9780230243590

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Table of Contents

Introduction
Asian Savings and American Borrowing
The Domestic Politics of American Home Ownership
Fannie Mae and Freddie Mac and the Mortgage Boom
The Crisis of 2007-8
Conclusions
Index