Meltdown

In Meltdown, best-selling author Thomas E. Woods, Jr. examines the real causes behind the collapse of housing values and the stock market, attributing the blame not to free markets but to governmental actions. He argues that federal intervention, including programs like Fannie Mae and the Community Redevelopment Act, fueled the housing bubble, while the Federal Reserve's influence manipulated the financial sector. With a critical perspective on historical government policies, Woods challenges the mainstream narrative surrounding the Great Depression and contemporary economic crises, offering a thorough analysis of the detrimental effects of federal regulation.