Wednesday, October 8, 2008

A Concise Explanation of the Financial Crisis

The mad cackling that many of you have been haunted by late at night was me; I'm sorry. The same group, and random passer-byes, have also been subjected to my discourses on the current state of the economy.  Sadly, there wasn't a good one-stop place to give people a run-down on the situation, and I tend to be, well, terrible at explaining this.  (Mostly because I've been explaining it whilst intoxicated, which has also illuminated the difficulties and perils of discussing economics in a bar.)  Fortunately, the BBC has an excellent article laden with a good number of charts and a blissful dearth of text that provides a really good recap of what's happened up till now.  The article, via the BBC.

No comments: