...if you're extremely frustrated with not understanding what is going on with the mortgage crisis and more recently, the incredibly scary global economic crisis.
This American Life has produced two amazing shows explaining in layman's terms and breaking down what the F is going on in our world of economics lately.
Part One - "The Giant Pool of Money" - All about the housing crisis
Part Two - "Another Frightening Show about the Economy" - What has happened in the past couple of weeks that is scaring the crap out of everybody, and some opinions about the $700-billion bailout.
Part Three - The last 10 minutes of "A Better Mousetrap 2008" explains how the bailout reinvents our government's role into a quasi-bank.
Also of note - Because of the success and popularity of these two shows, the guys who reported them - Alex Blumberg and Adam Davidson - have started a podcast called "Money Planet" focusing on the economy. I haven't listened to it yet, but will probably check out an episode or two today.
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