The video and audio of this whiteboard is intermittent. Please upload a better version
Having just looked at your Whiteboard video on "Fallout" as you call much of the economic damage now taking place,why not describe it as likely to affect multiple generations, you are after all talking about not just billions of dollars, but trillions of dollars in indebtedness? This seems almost certainly to effect not only this present U.S. formal govt administration but administrations into the forseeable future as well as generations of citizens into the forseeable future? It seems to me that "bare bones" honesty(ie transparency) at all levels of authority--informal and formal--is what is really needed here because if people come to believe that their leaders are not being completely upfront about the challenges we face then they may become the disaffected as well as the economically poor, with all due respect isn't that so?
Though, if possible, could you explain a bit on stock prices and the significance of a stock price being high; say $50 per share and why it really matters compared to a stock that's $5 when you can just buy 10 of them to equal the other stock.
i've heard that it's all about how you cut the cake, but does the company itself play any role in determining the stock prices?
I'd gladly give up all the BBC reruns on PBS for lunch breaks with Paddy Hirsch explaining the bloody mess we find ourselves in today! Just more evidence of why we all need to contribute to our public radio and television networks... bravo!
Kudos for relaying the reality the way it should be portrayed . Great Job and thanks for your efforts
Unbelievably great videos. I am actively following the coverage of the financial crisis and these videos were the best explanation of what happened. Great work guys thank you for your efforts.
Really appreciate for all the videos, now many things make sense.
AMERICAN PUBLIC MEDIA
261 S. Figueroa Street, Los Angeles, CA 90012
American Public Media's online services are supported by users like you. Contribute now…