This American Life on the Economy
The most recent episode of This American Life was especially fantastic. They did a great end-to-end explanation of the mortgage mess and the current credit crunch in the fantastic narrative style they’re so good at.
A special program about the housing crisis. We explain it all to you. What does the housing crisis have to do with the collapse of the investment bank Bear Stearns? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.