Looks at the ways that current dramatic shifts in the domestic and global economy have their roots in the 2008 economic crisis and its aftermath, exploring novel themes in the way the crisis has played out for the past decade and will influence the future. "We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in U.S. banking regulations to tariffs that may ignite international trade wars....

Presents a moment-by-moment account of the recent financial collapse that documents state efforts to prevent an economic disaster, offering insight into the pivotal consequences of decisions made throughout the past decade.

This surprising narrative goes back more than twenty years to reveal, in rich, anecdotal detail, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.

"In 2008, America went through a terrible financial crisis, and we are still suffering the consequences. Families lost their homes, had to give up their pets, and struggled to pay for food and medicine. Businesses didn't have money to buy equipment or hire and pay workers. Millions of people lost their jobs and their life savings. More than 100,000 businesses went bankrupt ... [Former FDIC chairman Bair] describes the many ways in which a broken system...

In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however -- the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. Here, Ben Bernanke pulls back the curtain...

"In 2017, as Ben Rhodes was helping former president Barack Obama begin his next chapter, the legacy they worked to build for eight years was being taken apart. To understand what was happening in his own country, Rhodes decided to look outward, at the wider world. Over the next three years, he traveled to dozens of countries, meeting with politicians, dissidents, and activists confronting the same forces that produced the Trump presidency: spreading...