Subprime Crisis Explained by Stick Figures

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2008 February 22

by Kyle

from → General

Here’s a somewhat long but hilarious stick figure slideshow giving an over-view of how the subprime debacle happened. I can’t help but thing this is probably exactly how it happened behind the scenes. I particularly end the end about the Swedish Villager Pension Fund. Yeah, that about sums it up. Thanks to My Money Blog for the link.