Starting With Nothing

By now you’ve more than likely heard about the global financial crisis. It’s been on the television, in the newspapers, and just about everywhere else. 

For a lot of people the reasons behind it are obvious, however there are a lot of people out there who don’t know exactly what its all about. In the end a lot of these people don’t really need to know why it happened, however if your reading this then you should know. You should know because financial literacy and being aware of the events in the market is important for everyone.

Recently i was pointed to a great flash video which explains with diagrams and simple terminology the basics of what caused the credit crisis which has led to the current market situation.

So watch and learn (and enjoy!)