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Summary of Meltdown: How Greed and Corruption Shattered Our Financial System and How We Can Recover - Katrina vanden Heuval

This ebook consists of a summary of the ideas, viewpoints and facts presented by Katrina Vanden Heuval in her book “Meltdown: How Greed and Corruption Shattered Our Financial System and How We Can Recover”. This summary offers a concise overview of the entire book in less than 30 minutes reading time. However this work does not replace in any case Katrina Vanden Heuval’s book. Vanden Heuval points out that America’s economy is in a meltdown and she analyses the financial crisis by reviewing almost 20 years of The Nation, America’s oldest magazine.

The American economic system is at the epicenter of a global financial meltdown.
Banks are insolvent, financial institutions have failed, stocks have plunged, and
the housing market is in a freefall. At the same time, unemployment is soaring ...