Sunday, November 16, 2008

Thing 65 Current Economic Crisis of 2008

Not a happy lesson, but it's true that it's on all our minds.

Lots of links to articles about the financial crisis. 15 Things You Need to Know About the Panic of 2008 Subprime Primer Credit Crunch: Where is it happening? Economy in Turmoil: How the global financial crisis has unfolded interactive timeline
The New York Review of Books, The Financial Crisis: An Interview with George Soros How can mortgage-backed securities bring down the U.S. economy? Many articles found when you search: Mortgage Crisis Subprime mortgage crisis & Emergency Economic Stabilization Act of 2008's Planet Money: Understanding the Crisis
Another radio show--This American Life ( 365: Another Frightening Show About the Economy Questions, answers and postings--link doesn't work unless you're a member of Metalife (which is not free), can search bailout or economic crisis and find articles to read.

Anyways, I guess it's better to be an informed depressed person about the economy instead of an ignorant depressed person about the economy. That would be why I had such a great drive back and forth to the Summer Reading Workshop last week in Wooster, OH, when the people riding with me insisted we listen to NPR on the radio. Such joy to hear all the bad economic news both here and around the world.

No comments: