Dodgy dealing and risk peddling

by oneafrikan on March 30, 2008

If you’re thinking about the credit risk stuff going on, then Peter’s article is a good place to start (if you’re an economical luddite like I am that is…)
_ Dodgy dealing and risk peddling

I’ve been thinking a lot lately about the economic problems that America and other place have been experiencing – the infamous ‘sub-prime’ debacle. I have a lot to say, so I’m going to split this into two parts, first: what is sub-prime and what actually happened? The second part will be about the responses and reactions to the crisis and promises to be a goody – yes I will be calling Alan Greenspan an idiot who doesn’t even know basic economics :)

Nice one Pete – keep it coming ;-)

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