John Clarke and Bryan Dawe of the Australian Broadcasting Corporation explain the subprime mortgage meltdown in a manner even I can understand.
People who don’t know what they’re doing will buy anything, Bryan.
Link -via Boing Boing
blimp66
Awesome! If you enjoyed that, you might enjoy this Housing Bubble video:
http://www.youtube.com/watch?v=Ivp4YqGCI-s
bean
“People who don’t know what they’re doing will buy anything, Bryan.”
As evidenced by all the yahoos that think the mortgage problem is a cause of financial trouble, rather than just another symptom.
Tony LaRocca
Interesting, but wish there was more discussion and less shtick.
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Justin
