Are you confused about the financial crisis? Do you need someone to explain it to you in a way you can understand? I have found your solution!
There are two one-hour shows on This American Life at PRI that do a great job explaining how this financial crisis happened, so good that one of them was written up in the New York Times (http://www.nytimes.com/2008/09/29/business/media/29carr.html?_r=2&adxnnl=1&oref=slogin&adxnnlx=1223208646-1sUIgE2zp4jU46bQIdrUVA).
To download them, or order a CD of them, go to http://www.thislife.org/. The name of the shows are:
The Giant Pool of Money (#355), and
Another Frightening Show About The Economy (#365). At this time, you can download #355 from the website for .$95. It takes you to I-tunes. #365 can be listened to at the website, or go to I-tunes/podcasts/This American Life to download for free. Currently, it is the number 2 download (10/10/08). I encourage you to listen to them. They are entertaining (humorous and shocking all at the same time!) and will give you a good foundation of information to help you understand this mess, a mess we will face probably for years to come.
Planet Money podcast through NPR is also very informative- currently the #1 podcast on I-tunes (10/10/08). It's the same people on the two programs above that make a daily podcast.
Sunday, October 5, 2008
Understanding the Financial Crisis
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