Best explanation of the financial crisis yet seen. Via John Bird and John Fortune’s satire on the South Bank Show.
The extract is actually over a year old, but more relevant than ever at the moment. Even includes a discourse analysis of the financial crisis (through the power of hedge fund names like “High-Grade Structured Credit Strategies Enhanced Leverage Fund”).
Via Stefan Niggemeier.
[...] Bank: subprime lending 20 10 2008 Currently making the blogosphere worthwhile (heads up to discoursology) is a brilliant satire on the subprime implosion by The Long Johns, British actors John Bird and [...]
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