You are using Internet Explorer 8 to view this site. IE8 is a 6-year-old browser that does not display modern web sites properly. Please upgrade to a newer browser to make best use of this site. Contact your local library branch if you require assistance. For more information, see this FAQ page.
A history of financial crashes in the United States offers concise explanations of little-understood principles about consumer debt that were at the core of each recession, recounting lending practices and schemes that triggered large-scale crashes and controversies.