May 27: A Clear Explanation of the Economic Crisis

By Sylvia Gurinsky

Here's a link to probably the best explanation of the current economic crisis I've seen. It's an article in the May/June issue of Columbia Journalism Review, which commendably has gone back to its roots and stopped trying to be a political journalism magazine:

http://www.cjr.org/q_and_a/worse_than_it_seems.php

It can't get much clearer.....