Paycheck Chronicles

Making Sense of the Current Financial Crisis

Do you wonder what this financial crisis is all about?  I do, and I have worked in the financial industry and I've read a lot about our current situation.  Jonathan Jarvis has put together a simple video that explains part of what is happening.  In two parts, totaling about 10 minutes, Jarvis shows how our economy has been affected by the way that mortgages and investments have been handled.

Does this make sense to you? Does it help to explain what is happening? I'd like to know!

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