Meltdown for Dummies

Like a lot of Americans, we here at Blog Simple are not well versed in the financial world. Why, you may ask. Is it disinterest, fear of appearing stupid, fear of being stupid, or perhaps we've never found an adequate teacher to explain the complexities?

Here once again we find confirmation that Americans aren't too good at explaining things, while the British are superlative. So if you, like us, want edification on the complexities of financial markets, hedge funds and sub-prime mortgages, look no further, just watch and listen.



(h/t The Agonist)