Hilarious Interview About How The Markets REALLY Work

April 30th, 2008 • Related • Filed Under
                                                         

You would have to have been living under a rock not to have heard about the sub-prime mortgage meltdown. However, I think many people don’t actually know what machinations were behind the debacle. Luckily a friend forwarded me this video which is intended to be a satirical take on the situation, but is scarily poignant. The video is about 8 minutes long and is absolutely brilliant! :)

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There Are 2 Responses So Far. »

  1. Comment by Michael James on 30 April 2008:

    Hilarious and right on point!

  2. Comment by Cash Instinct on 1 May 2008:

    This is one of the best explanations I heard about the subprime and the banks’ thinking.

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