Explaining the credit crisis
Are your eyes glazing over with all the news about bailouts, sub-prime mortgages, credit swaps, etc?
I found a couple of resources extremely helpful in boiling all the confusion down to (more) understandable language:
This show is the most engaging and entertaining show I’ve heard that makes some sense of the new market for “normal” people:
This American Life #365: Another frightening show about the economy
this panel from the Ross School of Business at the University of Michigan is much more dry, but very educational:
Ross Panel Tackles the Financial Crisis: What Happened? Why? What’s Next?
Don’t bury your head in the sand–find an hour, take a listen, and be a little more informed. It’s worth it!










your wise words