Here is a nice power point explanation of the subprime crisis.
[...] powerpoint explanation of the sub-prime [...]
I think that pretty much sums it up.
Even the graphics are about right.
[...] Economics, The Invention of Capitalism, The Perverse Economy. He maintains his own blog, and here he gives a Powerpoint presentation explaining the mechanics of subprime. Even I learnt a thing or [...]
I think the lcearest explanation of the REAL CAUSE of the mortgage crisis can been found here:
Eric Harrington – The Private Sector Caused the Crash!
It was not just sub prime mortgages that caused this problem.. It was a greedy coalition of Mortgage banks, investment banks, and rating agencies.
That address for the piece I just mentioned is:
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of follow-up comments via email.
Blog at WordPress.com. | The Light Theme.net.
Get every new post delivered to your Inbox.
Join 103 other followers