"So, tell me about this credit crisis..." ~ market folly

Saturday, August 23, 2008

"So, tell me about this credit crisis..."

Over the past few months, I have been receiving numerous inquiries from friends regarding the economy. And, unsurprisingly, numerous questions I receive relate to the credit crisis and its origins. Thankfully, an article over on Fortune has emerged which outlines the situation in plain English. So, for those of you wanting some more background on the situation, or if you have friends you're tired of explaining things to, point them to the aptly named article, "Credit crisis, explained."