Understanding The Subprime Mess
Here’s a hilarious skit about the subprime mess. Even if you don’t follow the financial acronyms like SIV and RMBS, you’ll really enjoy this one. They’ve really simplified the causes and the results.
[youtube]http://www.youtube.com/watch?v=SJ_qK4g6ntM&NR=1[/youtube]
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- January's Dividend Income & How The Subprime Mess Has Affected Me. I've been traveling for the past month so this post is a little late. I had already posted my online income which was $778. I finally got a chance to add up my monthly dividend income from my stocks, Canroys, CDs and savings accounts. The grand total for January was......
- Turning Japanese Here's some interesting info from Bill Bonner, author of Empire of Debt: The Rise of an Epic Financial Crisis The Fed is still talking about the risk of inflation...while the risk of deflation rises daily. Deflation happens when liquidity dries up. Suddenly, money disappears. Lenders donât lend. Spenders donât spend.......
- China Pulls Out The Heavy Ammunition! According to the Telegraph,The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.Two officials at leading Communist Party bodies have given interviews in recent......
Related Websites
- Weakonomics Tour Of The Country: New Hampshire AKA The “Primary” State New Hampshire is most well know for its…. Ummmm….. hmm. New Hampshire is the most important…. Ummm….. Can someone help me start this? Oh yeah, New Hampshire is most well known for being that state that becomes important (to the media) once every four years when......
- Holiday Shopping Techniques To Avoid Breaking the Bank It is looking like the upcoming holiday season will be gloomy for many families, given the current state of the economy and continued bad news on many financial fronts. While this may not be a time to go all out with gifts, there are holiday shopping techniques that you can......
- Interview with My Loans Consolidated • What are some of the reasons you started My Loans Consolidated? When I first started My Loans Consolidated, I knew of a few people who were deep in debt and later on sought help from debt consolidation programs, but then eventually ended up with even more debt than before.......
[All content is copyright of Living Off Dividends & Passive Income]
March 27th, 2008 at 10:00 am
Definitely a funny skit.
March 30th, 2008 at 10:45 am
Ha Ha, highly amusing!