very simple

You might think that I’m all up on what’s going on with the economy. I mean, I work in corporate finance and everything. But the massiveness of what’s been going on has utterly confounded just about everyone I know. And no one knows what the hell a credit-default swap is. All in all, I’ve found that the guys over at NPR have really gone out of their way to make the entire thing understandable. Last week, they put together the third in their ongoing series of This American Life episodes on this crisis, bad bank. This is a follow up from the first episode, giant pool of money, and their first follow up, another frightening show about the economy. You can download the current episode for free, and the archived shows cost 95 cents to download, which is totally worth it.

In addition, the guys who put together these shows have a podcast that airs three days a week and a companion blog, planet money.

If you want a clearer understanding of what’s going on, I highly recommend all of these. Heck, the podcast guys got an interview with Geithner last week that’s been cited all over the interweb.

Tags: current events, good things