These are some of the best videos I’ve ever seen on the topic of credit. They clearly describe how bad credit practices (and sometimes the use of credit in general) can lead to:
- Sub-Prime Mortgages
- Collateralized Debt Obligations
- Frozen Credit Markets
- Credit Default Swaps
Very, very interesting stuff here. These are must-watch videos! I can almost guarantee you’ll learn something about how the credit crisis affects us all. Enjoy readers – er – watchers!
and the second part . . .
Learn more at CrisisofCredit.com