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Cover of Past due

Past due

the end of easy money and the renewal of the American economy

By Peter S. Goodman

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Publish Date

2009

Publisher

Times Books

Language

eng

Pages

336

Description:

The "New York Times" national economics correspondent Peter S. Goodman takes us behind the headlines and exposes how the flow of capital from Asia and Silicon Valley to the suburbs of the housing bubble perverted America's economy. He argues that in the new environment of thrift and pullback, economic adaptation is possible, through new industries and new safety nets.