Guide to the Financial Crisis - The Explaination for the Nation
November 26th, 2008. Published under UrbanSpeaker. No Comments.
So if you’re anything like me, the causes of this seemingly global financial crisis remained a mystery for quite some time. I had to go to many sources to get a uncomplicated, succinct explanation; financial crisis for dummies.
Then, after I was mostly understanding what was going on, a friend of mine emailed me this explanation of the crisis. It is lacking in complication and I just wish it had been sent to me sooner. Hopefully this will give you some more understanding of the various issues.
(This informative guide is brought to you by the good people at mint.com, creators of the Mint Personal Financial Software, and by wallstats.com, the makers of the “Death and Taxes” national money flow poster.)
