The Dow lost more than 7% today, dropping to levels not seen since the first half of 2003.
I’ve seen videos that blame the financial crisis on providing zero-down, sub-prime mortgages to people that wouldn’t be able to handle the combination of dropping real estate values and increasing payments. It makes sense to me, regardless [...]
Posts Tagged ‘financial crisis’
The Dow Jones Cliff
This American Life on the Financial Crisis
How bad are things, really? Chicago Public Radio’s “This American Life” has another frightening show about the economy.
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Hat tip. Gary Walter.