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Informationen zum Autor C. Fiifi Odoom is the research director for Asibir House, a consultancy group, and a professor at Douglas College, New Westminster, B.C., Canada. He is the author of Bond Market Root of Financial Crises?: Derivatives as Transformational Ponzi Traps in World Financial System and a forthcoming book, Mutual Fund of Social Programs: Does Canada have any High-Yielding Stock to offer the U.S.?. Odoom also serves as an associate editor for the Journal of Interdisciplinary Social Science and Global Studies Journal. Klappentext This book explores the root causes of financial crises. The bond market is the key financier of our mainstreamed culture: inclusive but innovative enough to breed cultural excesses. Under such climate, all it takes is a good shock and a dose of fear for rounds to be made with crises. Zusammenfassung This book explores the root causes of financial crises. The bond market is the key financier of our mainstreamed culture: inclusive but innovative enough to breed cultural excesses. Under such climate! all it takes is a good shock and a dose of fear for rounds to be made with crises. Inhaltsverzeichnis Part 1 List of Figures Part 2 List of Tables Part 3 Preface Part 4 Introduction: The Virtues Part 5 Section 1: The Virtures Chapter 6 Chapter 1: Commoners Join In: Bonds for Shopping, Bonds as Paychecks Chapter 7 Chapter 2: After Greek Food, the Diet Part 8 Section 2: Mediating the Two Savings Chapter 9 Chapter 3: Public Dis(Savings) Part 10 Section 3: The Two Walls that Fell for Iceland, Context of Inquiry: Two Currents Chapter 11 Chapter 4: Nationalism and the Debt Culture Chapter 12 Chapter 5: The Two Currents, and Responses Part 13 Section 4: How the "Pigs" Flew Chapter 14 Chapter 6: How the PIIGGS Flew Chapter 15 Chapter 7: A Tale of Two Countries: The Icelandic Story Chapter 16 Chapter 8: On Ice: Iceland and Norway, All or Nothing Part 17 Section 5: Creating Value Chapter 18 Chapter 9: Valuing a Firm, and MCI, Inc. Chapter 19 Chapter 10: Valuing Petro-Canada and Other Quasi-Public Enterprises Chapter 20 Chapter 11: Valuing Governments Chapter 21 Chapter 12: The Asian Challenge and Responses from the Real Side of Market Economies Chapter 22 Chapter 13: When the Old Become Hip Again Chapter 23 Chapter 14: Securitization: Response to the Asian Challenge? Part 24 Section 6: The Exotics Chapter 25 Chapter 15: From Fixed Income to the Exotics Part 26 Section 7: Institutions that Mainstreamed the Debt Culture Chapter 27 Chapter 16: Money-Creating Machines Fulfilling the Growth and Low Inflation Promise Chapter 28 Chapter 17: Interest Rates: The True Universal Language Part 29 Section 8: Epilogue Chapter 30 Chapter 18: The Regulatory Misfire Part 31 Index...