Over the past 18 months, our vocabulary has included such words as 'credit crisis', 'bail outs' & 'subprime'. I have taken part in, and over heard a number of conversations involving people trying to make sense of the current crisis.
I came across this link to a fantastic video that explains in a very plain and concise way how we got to our current state.
Enjoy...
http://www.crisisofcredit.com
Wednesday, March 4, 2009
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