Wednesday
Oct082008
Understanding this credit crunch thing
Wednesday, October 8, 2008 at 11:27AM
I've been ignoring the news for a bit but wanted to learn more about what's going on with the "economic crisis".
Here are a few audio programmes that I've found very useful.
The Giant Pool of Money - explains the mortgage backed securities that kicked off this thing
Another Frightening Show About the Economy - explains what's happened since
Planet Money Podcast - the same reporters have a podcast.
Why are these programmes good? They're mostly jargon free. They give good, concrete examples of how these mechanisms work at a street level and individual company and bank level.
Oh, and listen to them in that order.
Here are a few audio programmes that I've found very useful.
The Giant Pool of Money - explains the mortgage backed securities that kicked off this thing
Another Frightening Show About the Economy - explains what's happened since
Planet Money Podcast - the same reporters have a podcast.
Why are these programmes good? They're mostly jargon free. They give good, concrete examples of how these mechanisms work at a street level and individual company and bank level.
Oh, and listen to them in that order.
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