http://www.wikio.co.uk Sodium Haze: U.S. house price bubble - explained

Saturday, 11 June 2011

U.S. house price bubble - explained


A series of videos this morning to explain how banks warped the normal rules of supply and demand to create the bubble that became the U.S. (and UK!) sub-prime mortgage crisis.

They are from the U.S. KhanAcademy but are equally relevant to the UK.



I like these videos because the guy lands with me as having no particular axe to grind - other than what works sensibly and what doesn't.

I also think his style is attempting to explain this stuff - while most financial people have a vested interest in obscuring the simple truths involved.


 


 
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