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Historians of colonial Africa have largely regarded the decade of the Great Depression as a period of intense exploitation and colonial inactivity. In Colonial Meltdown , Moses E. Ochonu challenges this conventional interpretation by mapping the determined, at times violent, yet instructive responses of Northern Nigeria’s chiefs, farmers, laborers, artisans, women, traders, and embryonic elites to the British colonial mismanagement of the Great Depression. Colonial Meltdown explores the unraveling of British colonial power at a moment of global economic crisis. Ochonu shows that the economic downturn made colonial exploitation all but impossible and that this dearth of profits and surpluses frustrated the colonial administration which then authorized a brutal regime of grassroots exactions and invasive intrusions. The outcomes were as harsh for Northern Nigerians as those of colonial exploitation in boom years. Northern Nigerians confronted colonial economic recovery measures and their agents with a variety of strategies. Colonial Meltdown analyzes how farmers, women, laborers, laid-off tin miners, and NorthernNigeria’s emergent elite challenged and rebelled against colonial economic recovery schemes with evasive trickery, defiance, strategic acts of revenge, and criminal self-help and, in the process, exposed the weak underbelly of the colonial system. Combined with the economic and political paralysis of colonial bureaucrats in the face of crisis, these African responses underlined the fundamental weakness of the colonial state, the brittleness of its economicmission, and the limits of colonial coercion and violence. This atmosphere of colonial collapse emboldened critics of colonial policies who went on to craft the rhetorical terms on which the anticolonial struggle of the post–World War II period was fought out. In the current climate of global economic anxieties, Ochonu’s analysis will enrich discussions on the transnational ramifications of economic downturns. It will also challenge the pervasive narrative of imperial economic success.


Some Phases of Sexual Morality and Church Discipline in Colonial New England Some Phases of Sexual Morality and Church Discipline in Colonial New England

Автор: Adams Charles Francis

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Dutch and English on the Hudson: A Chronicle of Colonial New York Dutch and English on the Hudson: A Chronicle of Colonial New York

Автор: Goodwin Maud Wilder

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Aftershock. Protect Yourself and Profit in the Next Global Financial Meltdown Aftershock. Protect Yourself and Profit in the Next Global Financial Meltdown

Автор: David Wiedemer

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Secure your financial future before the next big bubble bursts Aftershock provides a definitive look at the economic climate still ahead in 2015—and beyond—and details the steps you can take now to secure your financial future. Written by the authors who accurately predicted the financial crisis of 2008 and 2009, this book serves as both a warning and a game plan for investors looking to avoid catastrophic loss. This updated fourth edition has been expanded with new actionable insights about protection and profits in an increasingly confusing investment environment, and includes the latest data, updated charts and tables, and brand new coverage of monetary stimulus. With a look back at the domino fall of the conjoined real estate, stock, and private debt bubbles that triggered the last major crisis, this book paints a vivid picture of what to expect the next time the world's economy pops. You'll learn how to protect your assets before and during the coming fall, and how to capitalize on the opportunities everyone else is missing. The housing bubble has popped, toppling banks and sending shockwaves of stock market misery around the world. It may seem like the worst is over. It's not. This book shows you what's still to come, and how to ride the crest instead of being sucked under. Learn when, why, and how the global bubble will burst Understand the repercussions that will reach into your accounts Get up to date on the data, with expert analysis and insight Start protecting yourself now with a few smart investment moves The stock market, real estate, consumer spending, private debt, dollar, and government debt bubbles will burst, driving up unemployment, devaluing the dollar, and causing deep global recession. Aftershock helps you fortify your assets before the wave so you can enjoy clear skies after the storm.


More Mortgage Meltdown. 6 Ways to Profit in These Bad Times More Mortgage Meltdown. 6 Ways to Profit in These Bad Times

Автор: Whitney Tilson

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A clear look at how to capture investment profits during difficult financial times The U.S. economy has become crippled by the credit and real estate catastrophe. Even though we've all been affected by the calamity and have heard no shortage of news about it, it still seems unfathomable and utterly incomprehensible to most people that the actions of certain mortgage brokers, bankers, ratings agencies, and investment banks could break the economic engine of the world. Now, for the first time, and in terms everyone can grasp, noted analysts and value investing experts Whitney Tilson and Glenn Tongue explain not only how it happened, but shows that the tsunami of credit problems isn't over. The second wave has yet to come. But if you know catastrophe is looming, you can sidestep the train wreck-and even profit. You just need to understand how bad times present opportunity and where to look. More Mortgage Meltdown can help you achieve this goal. The book Breaks down the complex mortgage products and rocket-science securities Wall Street created Addresses how to find investment opportunities within the rubble and position your portfolio to take advantage of the crisis Explains exactly how the combination of aggressive lending, government missteps, and Wall Street trading practices created the perfect economic storm Shows you why the crisis is not yet over and what we can expect going forward More Mortgage Meltdown can help you understand the events that have unfolded, and put you in a better position to profit from the opportunities that arise during these tough financial times.


The Rise and Fall of the US Mortgage and Credit Markets. A Comprehensive Analysis of the Market Meltdown The Rise and Fall of the US Mortgage and Credit Markets. A Comprehensive Analysis of the Market Meltdown

Автор: James Barth

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The mortgage meltdown: what went wrong and how do we fix it? Owning a home can bestow a sense of security and independence. But today, in a cruel twist, many Americans now regard their homes as a source of worry and dashed expectations. How did everything go haywire? And what can we do about it now? In The Rise and Fall of the U.S. Mortgage and Credit Markets, renowned finance expert James Barth offers a comprehensive examination of the mortgage meltdown. Together with a team of economists at the Milken Institute, he explores the shock waves that have rippled through the entire financial sector and the real economy. Deploying an incredibly detailed and extensive set of data, the book offers in-depth analysis of the mortgage meltdown and the resulting worldwide financial crisis. This authoritative volume explores what went wrong in every critical area, including securitization, loan origination practices, regulation and supervision, Fannie Mae and Freddie Mac, leverage and accounting practices, and of course, the rating agencies. The authors explain the steps the government has taken to address the crisis thus far, arguing that we have yet to address the larger issues. Offers a comprehensive examination of the mortgage market meltdown and its reverberations throughout the financial sector and the real economy Explores several important issues that policymakers must address in any future reshaping of financial market regulations Addresses how we can begin to move forward and prevent similar crises from shaking the foundations of our financial system The Rise and Fall of the U.S. Mortgage and Credit Markets analyzes the factors that should drive reform and explores the issues that policymakers must confront in any future reshaping of financial market regulations.