It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy! Well, not really this evening. It is more like time to breath. We need an educational catch up on the real causes of this financial crisis and resulting bail out, which is derivatives (and not falling housing prices per say).
This weeks video clip theme is education on derivatives and credit default swaps (CDS). These vehicles are so complex frankly it's tough to find material which explains them clearly.
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