Decent summary of the major pieces of the credit crunch. Unfortunately, not much mention of ratings agencies, monoline insurers, ABS complexity or macro-level monetary theory, but great for starters:
Fresh news, distilled.
Decent summary of the major pieces of the credit crunch. Unfortunately, not much mention of ratings agencies, monoline insurers, ABS complexity or macro-level monetary theory, but great for starters:
0 Comments. Posted by Admin on Sunday, March 1, 2009 at 6:29 pm.
Filed under Economy, banking, Credit Crisis, Debt Crisis.
The Great Unwind is a call to civic action by and for the layman. A platform for knowledge as a basis for activism, here is documented the rise of neo-conservative ideology and neo-liberal corporatism, the collapse of the housing bubble, the financial panic of 2007-08 and the massive deleveraging of the shadow financial system, within the larger context of social and political upheaval that is forever changing our world.
“My cousins live in Fukushima. I am very concerned about the situation and also about their health. I mean, unfortunately ...”
— Sam Nguyan on Japan’s Nuclear Emergency – Facts and Figures
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