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Khan Academy

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VegasWayne

Senior Member
Joined
Nov 15, 2007
Professional Status
Licensed Appraiser
State
Nevada
This website has some excellent information on finance and the housing bubble. Look at the videos under Finance titled "The Housing Conundrum", "Mortgage-backed Securities", and "Collateralized Debt Obligations". Watch these and you will have a clear understanding of what caused the housing bubble, (it wasn't over-valued appraisals).They also have some good info on statistics and mathematics.
http://www.khanacademy.org/
 
Someone could make a vedio about higher education and tell the same story. Lower the standards, everybody goes to college, no one leans anything and the leadership class is so dumb that they can't understand why their world is coming apart all the time thinking they are the educated elite.

That was a good vedio and told a good story but they left out the most essential part: What was driving this was politicans buying votes. I won't call any names but the initials of two in particular are Barney Frand and Senator Dodd. These are the guys that made it all possible-the American political class. The uneducated elite I described above.
 
The guy doing the videos is a former hedge fund manager, so his experience is mainly related to Wall Street. He also has three degrees from MIT . The are also some good videos on banking and bailouts. The math videos are very good. They cover everything from arithmetic to differential equations and linear algebra.
 
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