Get Your SubPrime Learn On
March 14th, 2008 at 6:25 pm by BrianThis 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.
March 14th, 2008 at 8:20 pm
That brings economics down to a level that even I can understand. Thanks Bmac!
March 14th, 2008 at 8:46 pm
That cartoon explained more to me about the subprime crisis than I learned from a week of Network news.
March 14th, 2008 at 10:22 pm
Behold…Internet. It’s the way of the future boys. The way. of. the. future.
March 17th, 2008 at 9:56 pm
[...] 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? [...]
March 18th, 2008 at 9:47 am
That was great!
March 24th, 2008 at 2:41 pm
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…