The subprime disaster, explained
It's all actually quite simple.
| Posted at 10:54 AM | Permalink |
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Comments (9)
this explanation is the best I have seen--45 simple blocks explains it all.
Posted by jimbo | February 28, 2008 11:52 AM
Poor Norwegian villagers!
Posted by Anthony | February 28, 2008 12:10 PM
bloody brilliant.
Posted by ecohuman | February 28, 2008 12:18 PM
Somebody ought to nominate the author for a Nobel prize in economics.
Greg C
Posted by Greg C | February 28, 2008 12:53 PM
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.
Posted by Howard | February 28, 2008 1:21 PM
For more, check out this educational video:
http://masterpeace.wordpress.com/2007/12/09/the-subprime-implosion-explained/
Posted by none | February 28, 2008 3:17 PM
A 45 page booklet in a form even our President could digest.
Posted by Dave | February 28, 2008 5:36 PM
Especially the last few pages.
Posted by Jack Bog | February 28, 2008 5:46 PM
Jack, last few pages? Don't you mean the Veep?
Posted by Mark | February 28, 2008 9:41 PM