Adventures in Living

Monday, March 02, 2009

I guess you could be mad about this

So, the economy is cratering. And banks seem to be mostly to blame. This piece helped me understand a little more about credit default swaps, and why we keep sinking money into AIG. Also, Planet Money is a good, ongoing resource - and I found the above link here. I figure it's better to understand some of this, that way we can know if things ever start to look less bleak.

Yay!