Parlez Vous Financial Crisis?

Image by Pedro Moura Pinheiro : borrowed from creative commons

Image by Pedro Moura Pinheiro : borrowed from creative commons

Are you a bit confused about what is going on with the global financial markets? Have you heard and read countless explanations about the mortgage crisis and still have trouble making sense of it all? Are you scared that the world is going to end 2 months from today? If you answered yes to at least 33.3% of these questions, I’ve got something for you:

The Giant Pool of Money — a program produced by This American Life and Chicago Public Radio

This excellent radio program provides a straightforward, concise and well-documented story of how the current debacle unfolded. I recommend it to financial markets savants who claim to know the whole story and those who are honest enough to admit that they know absolutely nothing. I guarantee that you will gain numerous insights from this report.

If you feel like delving a bit deeper, here are three very good reports prepared by the Congressional Research Service on the causes and consequences of the current financial crisis:

One response to “Parlez Vous Financial Crisis?

  1. Pingback: Explaining the global economy « Trans(actions) : Trans(acciones)

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