Take out your pen and notebook because you’re about to get schooled. You’ve heard of all the major terms: subprime, collateralized debt obligation, leverage, credit default swaps, frozen credit markets, etc. You probably understand bits and pieces of what made the bubble burst. Here Jonathan Jarvis hooks us up with a very visual reflection of how this all happened:
Recession 101 ↓
Recession 101 – Get Schooled
March 5th, 2009 — Recession 101