In the Blog
Mortgage Crisis Backgrounder
Being ignorant drives me crazy, so it stung when the world pitched into an economic crisis and I didn’t have the foggiest idea why. Not a very empowering feeling.
Then I found these: two episodes of This American Life detailing, in plain language, exactly what the hell was going on (and the all important “why”). You can stream both episodes, for free, from the pages below.
Part I: The Giant Pool of Money
Part II: Another Frightening Show About the Economy
As the loonie plunges below $0.80 to the USD (not necessarily a bad thing), it seems like a good time to do a bit of reading (or listening).