Impact on a Walled Street

One of the big things I never got to lay a finger on here during my long hiatus is the Wall Street crisis. By now, even those who aren’t into finance, economics or current events would’ve at least heard the ordeal over that side of North America. By now too, a lot of experts would’ve said their pieces on the unfurling of big names there.

So I guess what’s left for me to do is to leave some takes on the event much in the same vein as I used to back at highfiber.

For starters, here’s a rather simple explanation of the rudiments of what’s actually going on there. To those who got lost in the plethora of jargons spewed by analysts and experts on the matter, the article would be a good starting point. The author goes in depth and detail on the economic and financial fundamentals of the matter using as simple a language as is accomodating to the ordinary fellow. It traces key concepts stemming from the credit subprime of last year to that which rattled big names listed at Wall Street just recently.

For someone who digs the wider view, here’s Prof Bello’s take on the financial crisis. Aptly titled “A Primer on the Wall Street Meltdown,” he explains the latest unraveling of capitalism with the political and economic contexts placed in perspective. While some would directly limit the focus on the real estate woes the American economy experienced last year, he goes on to discuss the factors from last year leading to the most recent turmoil in Wall Street.

For the one sick of all the gravity mainstream media dons regarding the topic these days, here’s Craig Ferguson’s take for a good laugh. Thanks to leelock for the find btw.

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3 Responses

  1. hey, thank you for linking my blog article. the link just appeared now on my dashboard, guess it got stuck on wall street traffic. hehehe! many thanks!

  2. hahaha! by the way! i love the youtube i decided to post it on my side bar! thanks again!

  3. it’s that wacky huh?

    thanks for visiting btw.

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