Hey Campers!
Confused by all the depressing economic news? Wondering what it all means? Toxic assets? Spread sheets? Nationalization of the banks? Bail out of the banks? Looking for something to preoccupy you until Jeremy has time to post a picture of his newest little Bundle of Joy? Then I've got the solution for you!
Last week on This American Life they did a piece called Bad Banks to help explain the current economic mess and possible solutions. I just listened to it while cleaning house and it truly is Economics made easy. To some degree it will terrify you and yet at the same time perhaps offer some glimmer of hope. No matter how you feel I strongly encourage a listen.
The program can be podcasted (is that a word?) as well. The link is: www.thisamericanlife.org/ This week it will be available on the home page. If you want to listen later just search it on the website. To further your economic savvy I would strongly suggest listening to two other shows done by TAL: Giant Pool of Money; and Another Frightening Show About The Economy.
A client who has her MBA and works for a large prestigious law firm advising them on financial issues told me she listened to these programs as well and sent an email out to employees of the firm advising them to listen to the episodes.
So don't be afraid. Give it a listen. All the cool kids are doin' it.....
