Download or read book China and the Mortgaging of America written by H. Thompson and published by Springer. This book was released on 2010-08-04 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.