Global economic turmoil

[Rardac]

OK, I admit up front that I work in the financial services industry, so the turmoil in the world markets has a direct impact on me. However, this is a big enough issue that everyone should know what's going on, and why this effects them too. With this in mind, I thought I'd put up a few links that help explain the basic concepts, and shows how the whole system is interconnected. Maybe a games forum isn't the ideal place for this, but outside work, this is where I hang out most...

Basic concepts: Mortgage-backed securities

http://marketplace.publicradio.org/d...ecurities_101/

Basic concepts: Credit Default Swaps

http://www.npr.org/templates/story/s...oryId=96333239

How everything is linked together (scary!)

1. http://www.npr.org/templates/story/s...oryId=96723051

2. http://www.npr.org/templates/story/s...oryId=96741366

3. http://www.npr.org/templates/story/s...oryId=96743141

Now go forth and learn something!

[Greenmind]

Interesting reads. Thanks for sharing!

[Rardac]

Glad at least one person read them!