This blog is a record of my attempt to understand the current economic situation, what got us into it, and what the government and businesses are doing to deal with it. As it is an effort to comprehend and not to advocate, it will not include any op-ed pieces. I'll do my best to provide a balanced picture, but as it follows my own interests, it will follow my own biases in research. Please use this information to make up your own mind.
Monday, March 2, 2009
What's Going On?
This is an excellent, straightforward explanation of what happened to get us in the current situation:
A special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.
Alex Blumberg and NPR's Adam Davidson—the two guys who reported our Giant Pool of Money episode—are back, in collaboration with the Planet Money podcast. They'll explain what happened this week, including what regulators could've done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outs and join the discussion on the Planet Money blog.
The Giant Pool of Money
ReplyDeleteA special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.
Another Frightening Show About the Economy
ReplyDeleteAlex Blumberg and NPR's Adam Davidson—the two guys who reported our Giant Pool of Money episode—are back, in collaboration with the Planet Money podcast. They'll explain what happened this week, including what regulators could've done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outs and join the discussion on the Planet Money blog.