Sunday, March 8, 2009

Credit Crisis visualized

I came across this video about a month or so ago waiting patiently for the proper moment to post them. Now is that time. For all of you (myself included) who aren't econ majors, and who don't understand some of the vocabulary/concepts being used and the complex processes at work in this economic crisis, this clip does a good job explaining it in a very coherent way. You will have to devote a little time to watch it, but it's worth it if you wanna get a quick overview of the situation we currently face.


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