THIS WEEK
How the Housing Boom Led to a Global Banking Crisis
By Aaron Tornell
Editor’s note: Aaron Tornell is a professor of economics at UCLA who concentrates on international finance. His current research focuses on lending booms and international crises. Editors’ World spoke with him about the current crisis, which began as a mortgage meltdown in the U.S. housing market, but has become a challenge to the American and international banking systems.
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THIS WEEK IN PRINT
A summary of major articles from the following weekly news magazines: Time, Newsweek, US News & World Report, The Economist, the National Review, The New Yorker, the New Republic and The Weekly Standard. The summary items follow the news but focus on Editors’ World’s priority issues.
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