jrtom: (Default)
2008-10-14 03:54 pm
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Entry tags:
  • caveman,
  • crisis,
  • explanation,
  • financial

another good explanation of the financial crisis and its genesis

http://theamericanscene.com/2008/10/14/so-simple-a-caveman-could-do-it

This time, with berries!
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jrtom: (Default)
2008-10-02 02:02 pm
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Entry tags:
  • 2008,
  • bailout,
  • crisis,
  • explanation,
  • finance

one of the more lucid explanations of the current financial crisis

http://stats.org/stories/2008/understanding_financial_crisis_sept28_2008.html

and apparently I'm not the only one that has no clue what would happen with (or without) the bailout:
http://stats.org/stories/2008/betting_bailout_oct2_08.html
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