Dummies Guide to the recent Financial Turmoil
September 30th, 2008

If you don’t have a clue why the financial markets are tumbling down, indexes crashing and job cuts everywhere, I just found a Dummies Guide to the recent crisis gripping the markets. Doug Diamond and Anil Kashyap posted an awesome write-up on the New York Times Freakonomics blog. I call it a ‘dummies guide’ because anyone can easily understand the causes and effects as the authors did a wonderful job dissecting the roots with a lucid explanation. And I understood.
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