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The big item in the news these days is the Economy. Our economy, the US economy, the world economy. They’re all interconnected and things are looking pretty bleak these days, as you are no doubt aware.
Lately a lot of questions have been floating around; Bailout or not? Recession or not? It’s hard to make sense of what happened and how we got here. If you’re like me, you know just enough to get you in trouble but not much beyond that. I suggest you take a listen to this.
This American Life’s most recent episode Another Frightening Show About The Economy explains in plain English just how big the hand basket is:
Alex Blumberg and NPR’s Adam Davidson—the two guys who reported our Giant Pool of Money episode—are back, in collaboration with the Planet Money podcast. They’ll explain what happened this week, including what regulators could’ve done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outs and join the discussion on the Planet Money blog.
You know what? Shit like this isn’t helping.
As mentioned in the above blurb, NPR has a new blog called “Planet Money” that’s chronicling current events related to this issue. You can follow it here.
Posted by Aaron on October 7, 2008, 2:40 pm permalink top | general
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