Housing Crisis Explained!

By Danny

Photo by Jeff Haynes

With all of the news today relating to the housing crisis I found myself trying to figure out how this all happened. Then I remembered that my favorite radio show, This American Life did a story on the housing crisis that finally explained it in terms I was able to understand. For those of you trying to wrap your brains on how the bubble went pop, listen to this amazing piece of radio.

This American Life - The Giant Pool of Money