24 11 2008
Understanding the Subprime Crisis once for all
By Charles, 24 11 2008 à 22:10 - Second season
Some friend of mine.. yes, I still have a few friends despite my bad temper. Some friend of mine, I was saying, who happens to have a job in the Financial sphere, tried to explain me what all this Subprime Crisis is about.
Needless to say, he miserably failed.
So I asked my butcher. It was a bit more understandable, but not much.
So I asked my daughter but she couldn't help crying about her last boyfriend who has gone to bahamas without her and with all the money he made just before the crisis.
I was still puzzled about the whole mecanism of the crisis. So I started some investigation on the web, and I found some nice explanation for dummies like me.
1. A funny educational slide show
Apparently, it has been a moment, this powerpoint has been circulating on the net. Yet it is still pedagogic and fun.

Hope you will enjoy.
2. Another quite clear and hilarious slideshow with drawings
I really liked this one for its waspish and insidious little comments along the explanation.
3. The crisis explained to a fourteen years old girl
If you still don't get it. You can read this explanation from a charming protective brother to his Fourteen years old sister. Through a clever and daring comparison with pokemons..
4. And another caustic video
2 English people in a masterpiece of nonsense and wild satire, proving this country is still at its best in this kind of sport.
5. and last but not least : Subprime Crisis explained with Champagne
You know why I love this one.
If, in the end, you still don't have a clue about what is the financial crisis about, you are hopeless.
You need, as I plan for the dark months to come, to make a serious reserve of Champagne.




