Clarke and Dawe on the Mortgage Crisis

By Miss Cellania in Money & Finance on Mar 20, 2008 at 11:36 am

clarkDawesJohn 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


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  1. blimp66
    Mar 20th, 2008 at 11:44 am

    Awesome! If you enjoyed that, you might enjoy this Housing Bubble video:
    http://www.youtube.com/watch?v=Ivp4YqGCI-s

  2. bean
    Mar 20th, 2008 at 12:47 pm

    “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.

  3. Tony LaRocca
    Mar 20th, 2008 at 2:07 pm

    Interesting, but wish there was more discussion and less shtick.

  4. Justin
    Mar 20th, 2008 at 4:17 pm

    haha funny!


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