My idiot box has been buzzing with news about recession, credit crunch, layoffs and the diminishing real estate market for the last six months approximately. I, being little poor in the "finance" related subjects, found most of this information going over my head. Each article that i read added a new perspective to the current economic crisis and with everyone around me sharing a different viewpoint on this situation, i just didn't know what to believe!
Finally i found an interesting video on google that explains the origin of this crisis. It's perfect for a layman like me...:) Now that i have some basic understanding, i can convert myself from a listener to a talker in the so called "recession discussions"...:)
http://www.crisisofcredit.com/
Hope you all find this link useful too.
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