I am now reading "House of Debt" by @AtifRMian #AtifMian & Sufi
The book highlights the excesses of the Great Recession as well as the Great Depression and how to avoid such future convulsions.
Key takeaways from the #book are as follows:
1 Get rid of boom and bust cycles by avoiding inflexible #debt #contracts
2 Have new #mortgage contracts based on #Risk sharing
3 Be cautious with #Credit issuance
A tome grounded in convincing #Economic evidence