Confused about the economy and how we got here?
This show of Fresh Air from National Public Radio is the clearest and most humanly digestible view of how we got here that I've ever heard. Go to the linked page and click on the player to listen to the show. The show is from April 3, 2008, so it does not include happenings after that time, except, if you listen to it, you will see how they unfolded. It has all the main points wrapped nicely and presented clearly.
Here's what NPR says about the show:
Law professor Michael Greenberger joins Fresh Air to explain the sub-prime mortgage crisis, credit defaults, the shaky future of other types of loans and what we can expect from the U.S. financial markets.Greenberger is a professor at the University of Maryland School of Law and the director of the University's Center for Health and Homeland Security.
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The best explanation of a complex subject in simple language I have heard / read to date. I forwarded the NPR URL to a number of friends with a recommendation to listen. Thanks for the post.
ReplyDeleteGlad to be of service. I surely hope everyone reads the post and listens to the interview.
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