
Meltdown
Read this summary in any language — built-in translation in the reader.
What’s it about?
A provocative case that the 2008 financial crisis wasn't a free-market failure but the inevitable result of decades of government intervention—from the Federal Reserve to Fannie Mae.
You’ll learn
- How the Fed's cheap credit created a housing bubble
- Why government-sponsored Fannie and Freddie fueled subprime lending
- The Austrian theory of booms and busts explained
- Why bailouts and regulations made the crisis worse