Our Confusing Economy, Explained & Could Wall Street Woes Set Off A Global Crisis?..NPR Terry Gross

[RedEarth]

Two very interesting recordings from NPR Fresh Air explaining(in layman's terms) how we ended up the the mess we are in and the impact it might have on the global economy.

...from 9/17/08

Could Wall Street Woes Set Off A Global Crisis?
by Terry Gross

Listen Now <38 min 51 sec> add to playlist

Fresh Air from WHYY, September 17, 2008 · The bankruptcy of financial services giant Lehman Brothers and the 500-point drop in the stock market on Sept. 15 have sent shockwaves through the financial community. Law professor Michael Greenberger explains how the recent turmoil on Wall Street could trigger a domino effect for economies around the world.


.....also...... from 4/3/08


Our Confusing Economy, Explained
Listen Now add to playlist

Fresh Air from WHYY, April 3, 2008 · Perplexed by the U.S. economy? You're not alone. Law professor Michael Greenberger joins Fresh Air to explain the sub-prime mortgage crisis, credit defaults, the shaky future of other types of loans and what we can expect from the U.S. financial markets.


http://www.npr.org/templates/story/story.php?storyId=94686428