A fascinating behind-the-scenes account of misguided government policies and corruption, which along with an unregulated shadow banking system, led to the 2008 financial crisis and may be leading us to a new crisis. Written by two bank executives with firsthand experience of several financial crises, Nothing is Too Big to Fail holds a stiff warning about the future of finance and social justice—revealing how the US government’s fiscal and monetary policies are creating asset and debt bubbles that could burst at any time. The COVID-19 pandemic is just one of many risks that could derail our highly leveraged and fragile economic system. The authors also tell how government actions are leading to inequitable distribution of wealth, destroying the middle class, reducing trust in government, and accelerating racial injustice. No institution, government, or country is “too big to fail.” This book offers lessons learned from past crises and recommended actions for business and government leaders to take today to return our economic system and our democracy to a safer trajectory.
When they first began working on this book, the authors thought they would simply write the story of Linda Killinger’s grandparents who, with seven of their thirteen kids, took a fifteen-month trip across the country visiting relatives and the national parks, in their brand new 1930 Model A Ford. Very quickly, they realized this was not just a simple story. Instead, they began to see it as a reveal of how this moment of history affected not only their grandparents’ family, but the generations to come, in the same way these historic events have affected so many other families. Levi’s Dream presents a living history of twentieth-century America. All proceeds from the sale of this book will be donated to charity via The Kerry and Linda Killinger Foundation. Visit our website, thekillingerfoundation.org.
No institution, government, or country is “too big to fail.” A behind-the-scenes account of what led to the 2008 crisis—and may soon lead to a bigger one. Written by two bank executives with firsthand experience of several financial crises, Nothing is Too Big to Fail holds a stiff warning about the future of finance and social justice—revealing how the US government’s fiscal and monetary policies are creating asset and debt bubbles that could burst at any time. The COVID-19 pandemic is just one of many risks that could derail our highly leveraged and fragile economic system. The authors also tell how government actions and an unregulated shadow banking system are leading to inequitable distribution of wealth, destroying the middle class, reducing trust in government, and accelerating racial injustice. No institution, government, or country is “too big to fail.” This book offers lessons learned from past crises and recommended actions for business and government leaders to take today to return our economic system and our democracy to a safer trajectory.
When they first began working on this book, the authors thought they would simply write the story of Linda Killinger’s grandparents who, with seven of their thirteen kids, took a fifteen-month trip across the country visiting relatives and the national parks, in their brand new 1930 Model A Ford. Very quickly, they realized this was not just a simple story. Instead, they began to see it as a reveal of how this moment of history affected not only their grandparents’ family, but the generations to come, in the same way these historic events have affected so many other families. Levi’s Dream presents a living history of twentieth-century America. All proceeds from the sale of this book will be donated to charity via The Kerry and Linda Killinger Foundation. Visit our website, thekillingerfoundation.org.
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