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Know Your Credit Default Swaps

If you are a little befuddled about what caused this economic mess we are currently in and will continue to be in for at least the next 18-24 months, take a few hours and listen to This American Life’s Giant Pool of Money and Another Frightening Show About the Economy. They are two amazingly clear and informative podcasts about what caused this mess and how the “geniuses” on Wall Street brought the modern economic system to its knees.

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