Explaining the current economic mess...

or at least having fun with it!
Lately I find myself obsessively refreshing the cnbc.com webpage, watching the Dow Jones index yo yo, or just go down. And there I found the ponyblog. I particularly like the "Zen and the Art of the Credit Crisis" entry.
In particular their links to an animation explaining the housing mortgage crisis by Jonathan Jarvis and this You Tube video by Johannes Kreidler. Imagine stock performance set to music, generated by a software program. Anyway, Some really good links to check out.
viridian61

Family bonding over the economy

I called my dad yesterday at about 3:30 PM ET. We caught up on things, and of course talked about the economy. He is a veteran watcher of the market. We watched Wall Street Week alot when I was young. Lately dad has kept CNBC on the TV almost constantly, to watch the carnage. So as we talked he watched CNBC and I went to CNBC.com and refreshed the page every so often. As we watched the Dow go down down down we talked and in a strange way bonded over the bad news. We both were urging the clock forward at 3:59 to stop the rout, and gasped in relief at 4 PM.

Now when I call him I greet him as a fellow comrade in the Socialist Republic of the United States. How much of the financial market can the US Government take over before we are technically in socialism?
viridian61