Do you wonder why we are in this financial mess now?

December 10 2008

Why is it that we are having an economical crisis? I have absolutely no idea, but Paddy Hirsch from publicradio.org does and manages to do a damn good explanation complete with drawings to us less gifted in understanding complex systems.

Watch all the videos here.

Sample video on “collateralized debt obligations”

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via BoingBoing

December 10 2008

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