This is a Powerpoint-style presentation that explains in very simple and straightforward terms how the Subprime Mortgage crisis happened
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Holy crap, that's a great find. I forwarded that to my mom even. Pretty much explains it in words I would't be able to put it in. I would only add that the peple buying the houses for more than they could afford (houses they had no business getting into) fucked up too. I honestly think that finances and investments should be a required class in Highschool.
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