3 Top Stories to Understand the financial Crisis

Published on by The Inquirer

Reading these stories brought me to light, I hope you'll feel the same.

Matt Taibi from Rolling Stones Magazine wrote an incredibly interesting  version on what led us in the mess we're.As a  news junkie, i read at least 5 papers a day and never ever encoutered a comprehensive  story like this one even in the most prominent us news papers (Wall Street Journal, New York Times etc..I could only be left with questions  about news papers'credibility, professionalism, or both.

Read more Rollingstone.com

In another piece, Simon Johnson, former IMF's Chief Economist tells us that Wall's Street Empire has captured our governement.We're in a situation which is tippically  an emerging markets'trend  and at the same time an obstacle for economic recovery.Recovering :OF COURSE! Unless we break WallStreet's Kingdom rules.

Read more The Atlantic

Listen the collapse of the banking system explained, in just 59 minutes. Our crack economics team—the guys who explained the mortgage crisis, Alex Blumberg and NPR’s Adam Davidson—are back to help all of us understand the news. For instance, when we talk about an insolvent bank, what does it actually mean, and why are we giving hundreds of billions of dollars to rich bankers who screwed up their own businesses? Also, two guys go to New Jersey to look at a toxic asset.

Full Episode

Published on MUST READ

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