Categories: Uncategorized

The “Credit Crisis”, Explained

This is just what I was looking for: a reasonably simple explanation of the credit crisis, courtesy of the New York Times. If anyone knows of any other simple explanations that do a better job, please let me know in the comments!

Joey deVilla

View Comments

Recent Posts

Sunday picdump for December 22, 2024

It’s not just another Sunday, but the Sunday leading up to Christmas! It’s that time…

2 days ago

The guy behind the “They’re eating the pets” blood libel slurs speech, passes out onstage

Here’s wishing Alex Bruesewitz a speedy recovery — yes, he’s behind a racist lie that endangers…

1 week ago

Sunday picdump for December 15, 2024

Since it’s Sunday, it’s time for me to post the memes, pictures, and cartoons floating…

1 week ago

Sunday picdump for December 8, 2024

Since it’s Sunday, it’s time for me to post the memes, pictures, and cartoons floating…

2 weeks ago

Sunday picdump for December 1, 2024

It’s not just a new week, but a new month! And since it’s Sunday, it’s…

3 weeks ago