US Mortgage Crisis Explained

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I look quite silly when I have my economist's hat on, so I don't wear it very often. Consequently I couldn't really tell you what is happening with mortgages in the USA, other then its something bad. And if it is effecting the US economy, the rest of the world is screwed too. Fortunately these dandy stick figures do an excellent job of explaining it all. Not only is it entertaining, its informative too!
Go here to see the whole series.

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