Subprime explained

[arkanjil]

British humour style:

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One economist said that the credit swap markets are now merely catastrophic instead of apocalyptic- but that was before today:

Comments

[daniel_ciclista]

Thanks for the post. You might find these charts interesting: http://globaleconomicanalysis.blogspot.com/2008/10/global-carnage-in-pictures.html

[arkanjil]

your stock like mine is probably heavily invested in by hedge funds, which are busy shorting the hell out of one another- AMAT has lost over 40% value, but it tracks almost smoothly with the overall market... a bumpy ride indeed, je?

Brilliant Explanation

[beardenjohn]

I wish my economics classes in college had ben so easy to understand

the scary thing tho

[arkanjil]

is that the skit dates from back in February at the latest.

Who says being forewarned helps?