Name: Blockchain: Simple Solution to us Debt Crisis (en Inglés)
SKU: 63850585
Price: 21.27 USD
Availability: InStock
Author: John Aka Raghu Giuffre

portada Blockchain: Simple Solution to us Debt Crisis (en Inglés)

Blockchain: Simple Solution to us Debt Crisis (en Inglés)

Formato

Libro Físico

Editorial

Lulu.Com

Autor

John Aka Raghu Giuffre

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

ISBN13

9780359788651

Blockchain: Simple Solution to us Debt Crisis (en Inglés)

John Aka Raghu Giuffre (Autor) · Lulu.Com · Tapa Blanda

Libro Nuevo Importado

Envío: 19 a 26 días háb.

$ 42.54$ 21.27

-50%

Costos de importación incluídos en el precio ✅

Libro Nuevo

Quedan 100 unidades

$ 21.27

Llega entre el 23 Sep y el 06 Oct a Quito, Pichincha. Seleccionar ubicación

Agregar a lista de deseos

Reseña del libro "Blockchain: Simple Solution to us Debt Crisis (en Inglés)"

Raghu-nomics estimates that 20%% to 80%% of all US debt does not actually exist (depending upon the industry). We refer to this as Phantom Debt. We give the example of parents co-signing a student loan of $50k for their college-bound boy. This same $50k would be reflected in both parent's credit scores. This would now give the impression of $150k worth of total debt to an outsider auditor - 'Expert.' We refer to the parent's loan as Mirror Debt. A payment on that student loan would also be reflected to the parent's credit referred to as a Double Paydown and Leverage Debt Reduction. Our case is simple. Wall Street has created a series of products that are little more than duplicate Mirror Debts. Surprisingly, there is no tracking system to cross index all these Mirror Debts or follow payments made to one and credit to all the others. A blockchain system is a rather simple remedy that would have sidestepped much of the 2008 market meltdown. Today, it would function like an insurance program.