Monday, March 2, 2009

A great explanation of the “Subprime Mortgage” issue

Until I saw this video I only had a vague idea about how this crash came about. This is a great explanation, even if it takes 11 minutes to do so! Yes, it is not related to travelling and not directly related to Japan but I think it warrants being posted on here since this crisis affects, as it says in the video, everyone!

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