This has to be the bestest explanations ever on the Subprime crisis. (stovepipe hat tip to ‘Warden’ at Ace’s who is some kind of experimental human genome super moron)

Sometimes you just have to draw it in stick figures to make people get it.
Posted by Brian @ 6:25 pm
and 2 Trackbacks
| Permalink
| Trackback URI
RSS feed for comments on this post.
Comments
:: Trackbacks/Pingbacks ::
[...] Six Meat Buffet brings us a link explaining the mortgage crisis using simple stick figures and some saucy, adult language. It’s a must read. Stick Customer: Gee, I’d like to buy a house, but I haven’t saved any money for a downpayment and I don’t think I can afford the monthly payments. Can you help me? [...]
Pingback by Music City Bloggers » Blog Archive » Mortgage Meltdown: Illustrated by Stick Figures — Monday, March 17, 2008 9:56 pm | permalink
The Worst of Home Foreclosures Yet to Come…
Foreclosure avalanche trigged by subprime mortgages started in 2007 will peak in 2008, based on the data from Credit Suisse via the IMF. Following chart from Credit Suisse via the IMF shows the heavy subprime resets in 2008. Number of home foreclosure…
Trackback by Top Real Estate Blog and Tips of Selling Home from Real Estate Guru Who Sells Home Like Crazy — Monday, March 24, 2008 2:41 pm | permalink
:: Comments ::
Leave a Comment
Comments may be moderated and may take
some time to appear. Depending on my mood.
Sorry, comments are closed at this time.