Sunday, November 30, 2008

A Visual Guide to the Financial Crisis

A Visual Guide to the Financial Crisis by WallStats.com on 11/13/2008

from http://blog.mint.com/blog/finance-core/a-visual-guide-to-the-financial-crisis/


Almost overnight, the talking heads went from perpetuating the euphoria of investors to rushing to pronounce the economy dead. Last year, when lenders started dropping like flies as foreclosures rose and margins were called, the problems of Wall Street became more and more apparent, and lending guidelines were tightened to the point that many individuals were stuck in their time-bomb loans, and thus began a vicious cycle. But what led to this? Here is a visual guide to help you understand the events leading up to the bailout.

HU Greg Mankiw's Blog

http://gregmankiw.blogspot.com/

Greg Mankiw
Location: United States
I am a professor of economics at Harvard University, where I teach introductory economics (ec 10) among other courses. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
View my complete profile

My Harvard Website
My Favorite Textbooks
Old Columns and Talks
The Best Way To Learn Economics
Economics Blogs