It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy! Well, not really this evening. It is more like time to breath. We need an educational catch up on the real causes of this financial crisis and resulting bail out, which is derivatives (and not falling housing prices per say).
This weeks video clip theme is education on derivatives and credit default swaps (CDS). These vehicles are so complex frankly it's tough to find material which explains them clearly.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy! This weeks video clip theme is Globalization. What is Globalization? Well, let's take a turn to the far left. It is the far left who really were warning on unfettered capitalism across national boundaries long before arbitrage hit mainstream: Norm Chomsky tries to answer what Globalization even is:
Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...time to check out the Funnies!
This weeks theme.....your house is worth gobs nothing and what does it matter because you can't make the payments anyway...otherwise known as....the Housing Bubble.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy! Well, not really this evening. It is more like time to breath. We need an educational catch up on the real causes of this financial crisis and resulting bail out, which is derivatives (and not falling housing prices per say). 
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