[NOT BJJ] Understanding the Economic Crisis
This has nothing to do with BJJ. I’ve been following the recent financial breakdown and wanted to share two resources that have helped me make sense of it.
First is the radio program This American Life (iTunes), which ran a show called Global Pool of Money that explains the chain of events that lead mortgages and banks to where they are today. Their most recent show, Another Frightening Show About the Economy, continues to tell the story.
Second is NPR’s blog and podcast Planet Money (iTunes) that is focused on explaining the developments day by day. You can start with the most recent episode or go back and listen through to hear how things happened.
Just wanted to pass those along. Hope you find them informative.
October 7th, 2008 at 2:27 am
http://www.guardian.co.uk/business/2008/oct/07/lehmanbrothers.banking
i was driving to the academy when i heard talk radio go over that story. i was speechless.
continue with this amazing blog.
October 7th, 2008 at 8:54 pm
Another excellent resource that lays it out step by step and provides some historical background is the Crash Course at http://www.chrismartenson.com
October 13th, 2008 at 6:30 pm
I thought this was a great explanation as well.
http://www.youtube.com/watch?v=mzJmTCYmo9g
Thanks for the head’s up!
Will