In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.
About the Author
HELEN THOMPSON is Senior Lecturer in the Department of Politics and International Studies at the University of Cambridge, UK. Her most recent book is Might, Right, Prosperity and Consent: Representative Democracy and the International Economy 1919-2001.