“This American Life” (of National Public Radio fame) is running a great episode this week about the factors contributing to the current housing and credit crises (http://www.thisamericanlife.org/Radio_Episode.aspx?episode=355).

It’s impossible for me to do the segment justice, but suffice to say that they interview real people on both sides of the problem whose decisions, along with those of thousands of their peers, helped to bring about the foreclosures and credit crunch that are killing the US economy. I now understand.

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