Number 61 » Economy http://number61.net by Matthew Gipp Sun, 22 Aug 2010 21:12:27 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Roger Cohen – America’s Limits http://number61.net/2009/10/roger-cohen-americas-limits http://number61.net/2009/10/roger-cohen-americas-limits#comments Thu, 08 Oct 2009 11:30:26 +0000 Matthew Gipp http://number61.net/?p=2279 “The United States, like some heavyweight who’s taken one punch too many, is still groggy from the money fever of gutted pension funds, toxic securities and lunatic leverage. My sense is the world, like Merrill Lynch, was about three nanoseconds from complete meltdown.” • ]]> http://number61.net/2009/10/roger-cohen-americas-limits/feed 0 The Giant Pool of Money http://number61.net/2009/10/the-giant-pool-of-money http://number61.net/2009/10/the-giant-pool-of-money#comments Thu, 08 Oct 2009 11:07:22 +0000 Matthew Gipp http://number61.net/?p=2273 An episode of This American Life from May 2008 centered on how the mortgage crisis happened. Includes heartbreaking anecdotes from people who got screwed by brokers/traders and gratifying anecdotes from traders who screwed themselves.

If you’ve got an hour and want a simple, effective explanation of the mess we’re in, then listen to it online.

]]> http://number61.net/2009/10/the-giant-pool-of-money/feed 0