Credit Crunch Explained
All these news stories are confusing, but these videos give a good job of explaining it for us mortal folk who are not merchant bankers.
Gives a nice brief overview
Yes, its the internet, it can exist.
The BBC are always good for introductory info…beware propaganda though
Bird and Fortune are always good for a laugh….
Sky news reports Darling telling us not to borrow so much money, you naughty boys.
Oh, nice. I’ll watch these videos later today. There was a funny video on NYT late last year. They tried to get Wall Street bankers to explain bond insurance; very few of them could.