Unless you've been totally isolated from the news for the past months, you have undoubtedly heard of the sub-prime mortgage meltdown, the credit crisis, and more recently, the Wall Street bailout. And even though I average 4 to 5 hours of NPR a day, 5 to 6 days a week (I think I need rehab), I have yet to feel like I really understood what was going on. But today I listened to two This American Life shows that finally made it all click. So if you, like I was, are wondering what the heck this is all about and are aggravated by the fact that you just can't quite seem to wrap your brain around it, I highly recommend these two 1-hour shows. They describe the problem in terms anyone can understand and they're entertaining to boot.
Check out the first one (about the mortgage & credit crisis) here, and the second one (about the bailout) here.
Thursday, October 9
Understand your world!
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3 comments:
Dang. I've been up sewing for almost two hours and I could have listened to these... I knew there was a reason I thought I should check my inbox/RSS feeds earlier. Thanks for the heads up. I will have to listen.
PS: I just noticed that your Danosaur's tail is falling out the back of the boat. Doncha think you could have given yourself a bigger boat? :D
Yeaaaaaaaaaaahhh Ira Glasssss baaaabyyyyyyyy. How was the second one compared to the first? Methinks I need to find a library computer with headphone capabilities and a limit of longer than an hour, no? (Doesn't that make me sound French, no?)
Alright Dani, it's been almost a month - it's time for a new post!
Miss you!
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