The Very Helpful Credit Crisis Video
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Many people have heard of the economy tumbling because of the housing crisis which became a credit crisis. At first, I had no knowledge of what such a crisis meant. I learned more through many mornings of waking up to CNBC but I was still confused. And since the economy went down the drain, I didn’t care and didn’t want to watch any more tickers with numbers in the negative and in red.
Anyway, this video makes it simple to understand how our recession came to be. Watch and learn.