Monday, October 20, 2008

How the Markets really work

Someone passed me this Youtube video that explained in plain man's English (ok, it souds like the Queen's English) what happened in the world of high finance in 2007.

It says a lot about how we ended up where we are today. When there are no good news, we just have to swallow the bitter pill, laugh at the taste and promise not to trust anyone with the title, MBA (Finance/Investments/Risks), after their names anymore, particularly if the word 'bank' appears somewhere as well.

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