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Thread: The Crisis of Credit - by Jonathan Jarvis

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    Default The Crisis of Credit - by Jonathan Jarvis

    http://www.youtube.com/watch?v=oosq3TPgHH0

    Damn good video, explaining the mechanics of the current credit crisis
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    Default Re: The Crisis of Credit - by Jonathan Jarvis

    ^^^ a very good basic explanation. Unfortunately, Jarvis stops short of analyzing the other side of the economic equation, i.e. the dependence of American consumers on the credit (previously) provided by foreign sources !

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