House of Debt by Atif Mian: 9 Minute Summary

BOOK SUMMARY

TITLE - House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again

AUTHOR - Atif Mian


DESCRIPTION:
📖 House of Debt by Atif Mian and Amir Sufi exposes how the surge in household debt prior to The Great American Recession, and not the banking crisis, was the main cause of the economic malaise. Through clear and powerful evidence, they propose a direct attack on debt and new mortgage contracts to prevent such financial crises in the future.


TIMESTAMPS:
⌚ 00:00 Introduction
⌚ 01:07 The Role of Household Debt in Severe Recessions
⌚ 02:00 Housing Bubble Debacle
⌚ 02:29 The Ripple Effect of Debt
⌚ 03:14 The Devastating Effects of Mortgages
⌚ 03:47 The Deceptive Origins of the Great Recession
⌚ 04:32 Banks, Bailouts, and the Great Recession
⌚ 06:52 Debt Forgiveness for Economic Recovery
⌚ 07:31 Shared Responsibility Mortgages
⌚ 08:28 Final Recap



FULL BOOK:
📚 Buy the full book - https://go.getsnaptale.com/OfbH
🎵 Free full audiobook [exclusive promotion] - https://amzn.to/3RvfFqN



KEY LINKS:
🎬 Youtube channel -    / @getsnaptale  
🌍 Website - https://www.getsnaptale.com
🍎 iOS mobile app - https://ios.getsnaptale.com
🤖 Android mobile app - https://android.getsnaptale.com


WHO WE ARE:
👋 TEAM - At SnapTale our mission is to make the wisdom from books universally accessible by as many people as
possible. We do this through our youtube channel and our mobile app.

👍 Don't forget to smash that like button, subscribe to our channel, and leave a comment to let us know how this
video has impacted you. Press the bell button for notifications, so you never miss an empowering message!

https://www.youtube.com/@GetSnapTale?...

📧 EMAIL US - [email protected]
☕ BUY US A COFFEE - https://ko-fi.com/snaptale

/ @GetSnapTale
(Our Amazon links are affiliate links. You support us by using them.)

#HouseOfDebt #AtifMian #GreatRecession #DebtCrisis #EconomicMalaise #MortgageContracts #FinancialCrises #BankingCrisis #HouseholdDebt