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Desc:Money nerd explains why the economy is getting destroyed.
Category:Educational, News & Politics
Tags:banks, economy, cdo, ecconomics, champaign
Submitted:Killer Joe
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Comment count is 8
zatojones - 2008-10-06
-1 for the "joke" end
Subfuscious - 2008-10-06
-1 for the joke, but +1 for drawing an extra "leg" on the first fund manager.
TeenerTot - 2008-10-06
the sad part is that this is the best explanation I've heard for this stuff.
Camonk - 2008-10-06
Thanks for explaining the economic causes for me wanting to drink myself unconscious every night! -1 for making fun of that.

No I'm kidding. -1 because he's foreign.
baleen - 2008-10-06

+1 for stickshlong
+1 for sideburns
-2 for being who he is
-1 because I can smell him
+1 saving throw vs. poison
meamlegion - 2008-10-06
as long as a cheerful Irishman is explaining bad news to me using a booze metaphor, I feel much better about this disaster.
chumbucket - 2008-10-06
so let me get this straight: the foundation of the US economy rests on the success of the HOUSING MARKET? Who's kooky idea was that?
TheQuakeSoldier - 2008-10-06
Well, the biggest expense I have each month is my mortgage payment, as I'd expect is the case for millions of others as well. Seeing as how house payments are such a huge part of people's lives, I'd expect a meltdown in that sector to have a larger effect on the financial system than any other particular sector (cars, electronics, tourism, whatever).

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