[NoCountryForLiberals]

A friend sent me the URL for this article from BBC News that does seem to me to do a real good job of explaining the whole sub-prime mess and how it affects other investments and the broader economy. I'm no expert on this stuff and it helped me to get a better handle on this stuff. The US sub-prime crisis in graphics

[FreedomPoster]

Here’s the best subprime explanation yet:

http://youtube.com/watch?v=SJ_qK4g6ntM

“Somehow this package of dodgy debts stops being a package of dodgy debts and starts being a Structured Investment Vehicle!”

[traumer]