DanAronG
Joined: 17 Oct 2008
Posts: 103
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| Posted: Thu Mar 19, 2009 12:19 pm Post subject: The credit Crunch explained |
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For anyone who doesn't fully understand what caused the current recession, I have found a fantastic explanation.
It is on the Telegraph website and can be accessed via this link:
http://blogs.telegraph.co.uk/milo_yiannopoulos/blog/2009/03/09/this_is_the_best_explanation_of_the_credit_crunch_you_will_ever_see
It is a 7 minute video, but worth every second, and undoubtedly the best explanation you will find. It is beautiful in it's simplicity and I think everyone should be made to watch it.
Enjoy!
And please let me know what you make of it. |
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