Sunday, September 28, 2008

FARK on the Subprime Meltdown

FARK is one of the wildest places on the Internet. The most amazing thing about it is that even though by design it's a frivolous site that usually consists of a bunch of jerks shouting at each other from the safety of their keyboards, a lot of useful information gets posted to it. They recently had a pretty interesting discussion on the country's recent economic troubles. In addition to the original submitted article, many useful links have been posted in the discussion including this link to an amusing but informative Google Docs presentation (warning, gratuitus use of the "F" word) which explains the subprime mess with stick figures, an episode of This American Life devoted to the subject, and the FDIC's statement on what will happen to the Washington Mutual now that it has failed. All in all, a lot of pretty useful information buried underneath a lot of shouting and insults.

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