Don’t understand the credit crisis?

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Sept. 30, 2008   3 Comments  

Last night on ABC News, they shared a great cartoon explaining the credit crunch. If you didn’t see it here it is to check out: ABC Video on the Credit Crunch


Filed Under: Politics With a Touch of Class Tagged With: , ,

Comments

  1. Manuel says:
    September 30, 2008 at 8:13 pm

    Thanks for the link. I know a couple of people who need this whole debacle translated.

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  2. grace says:
    October 23, 2008 at 7:50 am

    I need to know the history of this credit crisis and the current information about it.

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  3. Conferencing Services says:
    March 15, 2010 at 1:46 am

    I can say that your article is very real site! Especially in understanding about the credit crisis topic, you gave a big contribution in terms of learning. There are a number of reasons why banks may suddenly stop or slow lending activity. This may be due to an anticipated decline in the value of the collateral used by the banks to secure the loans. It may be preferable “mark to market”.

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