China and the Mortgaging of America

Discover the intricate financial dynamics between the United States and China in China and the Mortgaging of America by H. Thompson. Published by Palgrave Macmillan in 2010, this insightful book delves into the pivotal events of 2008, when the economic ties between these two global powers teetered on the brink of collapse due to a crisis at American mortgage giants, Fannie Mae and Freddie Mac.

With 173 pages of in-depth analysis, Thompson expertly unravels the complexities of this financial crisis, offering readers a comprehensive understanding of its origins and far-reaching implications. This first edition is essential for anyone interested in foreign economic relations, financial crises, and the impact of home ownership on global economies. Explore how the mortgaging of America shaped its relationship with China and what it means for the future of international finance.