This page contains a single entry from the blog posted on February 28, 2008 10:54 AM. The previous post in this blog was The ultimate mystery. The next post in this blog is Score one for the planet. Many more can be found on the main index page or by looking through the archives.

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Thursday, February 28, 2008

The subprime disaster, explained

It's all actually quite simple.

Comments (9)

this explanation is the best I have seen--45 simple blocks explains it all.

Poor Norwegian villagers!

bloody brilliant.

Somebody ought to nominate the author for a Nobel prize in economics.

Greg C

It ended before the last chapter.

The government couldn't resist stepping into it so they could get f'd too.

Once everyone was f'd politicans declared success.

A 45 page booklet in a form even our President could digest.

Especially the last few pages.

Jack, last few pages? Don't you mean the Veep?

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