Below are numerous videos from "experts" around the world in regard to the ongoing Credit Crisis. Some people may be considered more "gloom and doom", some may be considered rational, and some may be fairly optismistic about the state of the financial and housing markets around the world. We think it is important to see all sides of The Credit Crisis discussions.
Video #1 is about how money is created "out of thin air" via the Fractional Reserve System, video #2 is about the 1998 collapse of the Long Term Capital Management hedge fund which almost took down the world's financial markets (there were once over 10,000 hedge funds worldwide), video #3 is Jim Rogers speaking about the insolvent Fannie Mae and Freddie Mac entities, video #4 is Nouriel Roubini discussing the losses tied to the Credit Crisis, video #5 is a U.S. Congressman's speech about the potential problems associated with the national housing bailout bill (Fannie & Freddie) which was approved on July 24, 2008, video #6 covers the recent July '08 sales and foreclosure data for California, video #7 is a CNN story about the housing problems, video #8 is CNBC's Jim Cramer and Erin Burnett discussing the potential "meltdown" in the financial markets shortly after the beginning of the Credit Crisis, and video #9 is a CNBC story about how Mortgage Backed Securities, CDOs, and SIVs work. Video #10 is about how our government's budget deficits may cause additional problems for our financial markets and economy. There are over 40 videos in this section. |