Summary Shorts

Review and Analysis of Summary Shorts

There is no doubt that the economic crisis of 2008 was one of the worst in recorded history. Millions of people lost their homes and even many more millions lost their jobs. Every day you heard of one bank after another going bust. It was scary times. What is even scarier still is the fact that its only a matter of time before another crisis will occur. In Thomas E. Wood's book "Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse." He makes the case that the Us Government was to blame for the 2008 meltdown and how the government can insure it doesn't happen again. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in the "Meltdown" and learn how a future financial crisis can be avoided. Enjoy!