"Borrow" is a historical analysis of American debt, exploring its evolution from a stigmatized practice to a ubiquitous aspect of daily life. The text traces the changing attitudes toward borrowing, examining its role in various economic eras, including the post-war boom and the 2008 financial crisis. It details the development of different financial instruments, such as balloon mortgages and mortgage-backed securities, and their impact on both borrowers and lenders. The author also discusses the role of government policies, such as the creation of the FHA, in shaping the American debt landscape and the consequences of both responsible and irresponsible borrowing. Finally, the book proposes solutions to address the issues stemming from excessive consumer debt.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Law & Order: Criminal Justice System - Season 1 & Season 2
Season Two Out Now! Law & Order: Criminal Justice System tells the real stories behind the landmark cases that have shaped how the most dangerous and influential criminals in America are prosecuted. In its second season, the series tackles the threat of terrorism in the United States. From the rise of extremist political groups in the 60s to domestic lone wolves in the modern day, we explore how organizations like the FBI and Joint Terrorism Take Force have evolved to fight back against a multitude of terrorist threats.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com