the giant pool of money analysis the housing crisis that occurred less than a decade ago is a great example, and has become an extensively covered case study, of how dangerous certain biases and heuristics can become if left unchecked on a massive scale. We've talked before about the giant pool of money hypothesis this is the idea that the actual trigger for the financial crisis was that emerging economies were running huge trade surpluses because a series of currency crises had convinced them. Please visit for a full explanation of this assignment for high school students.
Dive into debt: investigating the giant pool of money first, a few questions 1 what is the giant pool of money 2 when did it get so gigantic. Check out #390: return to the giant pool of money by this american life on amazon music stream ad-free or purchase cd's and mp3s now on amazoncom. =auto a special program about the housing crisis produced in a special colla.
To understand where the subprime mortgage crisis began, we need to start at the root of the problem and first look at global savings (or as chicago radio dubbed: the giant pool of money). More: remembering the families at the center of the financial crisis the show paired its explanation of the giant pool of money with some ominous and engaging music, and it was a hit. 355: the giant pool of money, this american life it all comes back to the giant pool of money transcript [ambient sound of piano playing and crowd murmur]. The video i created breaks down facts about the giant pool of money and how it was caused.
In the giant pool of money npr”s adam davidson and this american life producer alex blumberg team up to explain how the us managed to get themselves into a housing crisis. Special program about the housing crisis produced in a special collaboration with npr news we explain it all to you. #355: “the giant pool of money” original broadcast date: 5/9/08 the meltdown of the housing market is one of the most important stories of the still-young century — but its complexity and in-the-weeds jargon made it the kind of crisis that few people outside of the housing and financial sectors even understood, and the glancing approach. The giant pool of money, this american life featuring planet moneyoutstanding primer on the housing crisis, wall street, banks, and money find this pin and more on i 3 public radio by toddwinters.
If you haven't already listened to it yet, i encourage you to check out the episode of this american life titled return to the giant pool of money the episode recaps and augments an episode from may of last year. The giant pool of money this american life teams up with npr news to explain the housing crisis. The giant pool of money is an episode of the radio show this american life which originally aired on may 9, 2008the episode described to a general audience the causes and factors which led to the subprime mortgage crisis. In this q&a karen everhart talks with this american life producer alex blumberg and npr reporter adam davidson, who produced a radio documentary about the bursting mortgage bubble, “a giant pool of money,” last may, months before the implosion of the global financial system the broadcasts on.
View essay - macro assignment 4 from unknown 131 at saint augustines university raleigh return to the giant pool of money (this american life, 25 sep 2009), marks the anniversary of the collapse. On today's podcast, a year after our hour long documentary on the housing crisis, we catch up with richard, a marine who was facing foreclosure and jim finkel, a cdo manager.
After it first aired in 2008, the podcast was praised as being a great piece of journalism for the way it broke down the financial crisis for just about anyone. The giant pool of money : npr ombudsman clarence nathan was a man with three part-time jobs who earned about $45,000 a year, and yet a bank loaned him $540,000. Giant pool of money the giant pool of money america in 2013 by: maliha rahman anthea yeung tanika chadha rhea khanna audio: the giant pool of money.Download