Name: Fiscal Reality After the 2008 Financial Crisis (en Inglés)
SKU: 57897469
Price: 523.50 MXN
Availability: InStock
Author: U. S. Army War College
ISBN: 9781505296884

portada Fiscal Reality After the 2008 Financial Crisis (en Inglés)

Fiscal Reality After the 2008 Financial Crisis (en Inglés)

Formato

Libro Físico

Editorial

Createspace

Autor

U. S. Army War College

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28x21.6x0.3 cm

Peso

0.13 kg.

ISBN13

9781505296884

Categorías

Empresa y gestión

Fiscal Reality After the 2008 Financial Crisis (en Inglés)

U. S. Army War College (Autor) · Createspace · Tapa Blanda

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Reseña del libro "Fiscal Reality After the 2008 Financial Crisis (en Inglés)"

This book will examine the effects of the federal government response to the 2008 financial crisis and will explore the likely strategic impacts to the US Army, its operations, and its finances.The crisis originated in America and quickly spread to all corners of the globe. An inflated real estate market fueled by years of easy credit came crashing down in 2008. The financial sector in the US developed numerous exotic instruments that were supposed to be able to spread the risk of credit default across the entire market. It is now obvious that these financial devices were nothing other than a vast speculative tool that enabled the financial sector to achieve unprecedented levels of leverage. In good times, this financial leverage fueled fantastic profits that were used to generate even greater leverage. The bad times, however, are now here and the results from all that financial leverage are losses in the trillions of dollars. The strategic issue now is to determine if the unprecedented federal government reaction to the financial crisis will have an impact on future Army budgets and if so, what can the Army do to position itself to succeed in the new fiscal reality that results.