Tuesday, October 20, 2009

The current financial crisis: explained

If you don't really understand why we're in a recession and exactly how it happend, this podcast of NPR's This American Life will explain it.  It is absolutely worth listening to; very entertaining and easy to understand.  

Basically there are a lot of fucking stupid and greedy idiots out there.  Matt, I don't see how your thesis that pay=value could possibly stand up to this counter-evidence.



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