Wednesday, November 7, 2012

Exploration eight

During this video what stood out to me the most was how little I knew what they were talking about with CDO's and all the economic terms that were used. I felt like I was back in my economics class in high school. The second day we watched the video we got to the part where they were they mentioned that the head ceo's and top economists feed off of our ignorance over these topics. I personally have already been taught some of these topics and I did not enjoy any of it. But I do think that we need to educate ourselves on some of the things that they were talking about. We can do this by first starting off will understanding on how we got into this mess in the first place. Many people predicted this crisis happening even, “the FBI warned about mortgage frauds.” I do not know everything myself but I do plan on educating myself for the future.

Here is an article I found on such a topic.


  1. I totally agree. This movie needed to spend less time talking about what was wrong with the finance system, and more time explaining it.

  2. This is completly true. The movie spent more time putting the blaim on someone then actually showing what went wrong.

  3. I completely agree with you, some of the terms they used were confusing.


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