Tuesday, September 23, 2008

Skepticism about the crisis (updated )

Matt Yglesias has a good post up today wondering if this financial crisis is really as bad as it's being sold. Check it out.

UPDATE: Felix Salmon and Ryan Avent respond to the skeptics.

Read the first comment to Ryan's post too.

I feel completely overwhelmed by this issue. I don't begin to understand how the financial markets actually work and have been reading anything I can get my hands on to bone-up.

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