Financial Fiasco

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The book explores the causes of the economic meltdown, attributing it to deliberate actions by consumers and decision-makers across various sectors. It examines how Federal Reserve policies inflated the real estate market, government initiatives to boost home ownership contributed to the credit bubble, and how new financial regulations failed to prevent misconduct. Accessible to general readers, it highlights irresponsible behaviors and cautions against repeating past mistakes in proposed solutions, while providing insights on moving forward.