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Sub-prime and financial meltdown explained

A highly respectable and knowledgable British invesment banker is interviewed by another highly respectable British interviewer to give you the basics of the recent upheavals in the financial markets. Short, sweet, brilliantly funny.

Hat-tip to Tim Ferriss for the video. Ferriss, author of the phenomenal book The Four-Hour Workweek, uses this video to head the start of a series of blog posts about investing, based on his recent experiments and experiences.

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