Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Saturday, February 21, 2009

Financial Cartoon


Here is a great cartoon explaining the current financial crisis we are in with sub-prime mortgage lending.


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

Wednesday, October 8, 2008

Global Recession?

Here is a link to a site titled "The Money Meltdown". It contains everything you need to know about the current global money crisis that keeps spiraling out of control. The Money Meltdown site has a nice breakdown:

1. Background
2. Key Facts
3. What's Next
4. Your Money
5. Catharsis

You gotta love this Rick Sanchez clip with his sensationalism:



Update - To really make it simple to understand, I just read The Financial Crisis, as Explained to My Fourteen-Year-Old Sister. A short and sweet explanation of the mortgage mess we are in right now.