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A Simple Explanation of the Credit Crisis.

Reading through my feeds this morning, I came across an excellent post from the My Money Blog, linking to an informative video explaining exactly what is happening to cause the credit crisis we’re now facing.

Some of you might already know this stuff, but the video breaks everything down so that it’s easy to understand. It’s worth a look.  Check it out below.

[Edit: Apparently, there’s a part 2, as well.  I’m sticking it below.]

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