After about a month of on and off development I am proud to say that
by Ben Stein
The headlines scream doom. There are endless references to the economic situation being “the worst since The Great Depression.” Immense names in finance have collapsed and sunk beneath the waves of the financial crisis. Please allow me to try to explain a bit of what’s going on.
If you really want to know what the heck just happened in the markets, here is the best explanation that I could find.