The fact that from 2000-2006 the global pool of money doubled is telling imo of how much further housing and the finance world in general have to fall as things deleverage the government/fed have thrown just about everything they can at this and seem to have eased the blows. It all comes back to the giant pool of money the program is still as fresh now as when it was aired you can still listen to the program online or get a transcript. This is the case with all of the players in the giant pool of money jim finkel, rachard the marine, clarence nathan, adam davidson, ceyla pazarbasioglu, mike francis, mike gardner, glen pizzolorusso, and tonko gast. The giant pool of money analysis the housing crisis that occurred less than a decade ago is a great example, and has become an extensively covered case study, of how dangerous certain biases and heuristics can become if left unchecked on a massive scale. The giant pool of money the giant pool of money is an episode of the radio show this american life which originally aired on may 9, 2008 the episode described to a general audience the causes and factors which led to the subprime mortgage crisis.
The giant pool of money series examines the thoughts and beliefs that led to the global financial crisis in 2008 and the profound loss of faith in markets that followed the centerpiece of the series is a 15-foot-tall pyramid of champagne glasses, connected to a change machine that breaks dollar bills into “quarters”. In the giant pool of money npr”s adam davidson and this american life producer alex blumberg team up to explain how the us managed to get themselves into a housing crisis they talked to people who worked in the banking and mortgage industries as well as people who qualified for loans when they had bad credit. The giant pool of money this american life teams up with npr news to explain the housing crisis (i know everybody here already knows about tal, but this is an exceptionally well done episode, and worth checking out even if you don't get the podcast.
‘a giant pool of money’ examined lending practices that led to the meltdown of the us mortgage market and the world financial system it aired on this american life may 9, 2008, and npr gave it major play, airing an extended excerpt on all things considered. The story was titled the giant pool of money and it was both interesting and unique because the reporters sought to connect both the poorer members of american society suffering from the crises and the wealthier members of american society who profited from the crises. Assignment return to giant pool of money – econ 120 by now you all know we are just beginning to emerge from economically hard times, and most of you know that the “housing crisis” has been implicated as one of the major contributors. Back in 2008, alex bloomberg (this american life, planet money, startup, gimlet media) did a story titled the giant pool of money in it, he explores the 2008 financial crisis, looking for the root cause of the meltdown he discovers one major problem: extremely rich people have a lot of money unfathomable sums of money and they are looking for places to put it. Alex blumberg - this american life: the giant pool of money - 2008 peabody award acceptance speech peabody awards the giant pool of money receives a peabody award.
Together they assembled the giant pool of money, a remarkably clear and, in retrospect, startlingly early (may 2008) explanation of the mortgage mess they found that a doubling of global capital early this century created a “giant pool” of cash in need of returns. The show paired its explanation of the giant pool of money with some ominous and engaging music, and it was a hit lots of people piled onto the idea that the financial crisis was, at least in. 355: the giant pool of money – this american life —huffduffed by meetdennis on january 4th, 2015 355: the giant pool of money —huffduffed by tobbe on january 12th, 2015 this american life: 355 the giant pool of money —huffduffed by joshre on march 2nd, 2015. Host ira glass talks with an npr business and economics correspondent about two gatherings he attended—one at the ritz carlton and one at a community college in brooklyn.
This american life, “the giant pool of money” (2008) huffduffed by thedaendy on december 18th, 2014 this episode about the 2008 financial crisis was a collaboration between npr news and this american life, a weekly public radio show that has become the 800-pound gorilla of podcasting. Kevin kelly, a writer and thinker who helped invent wired and the whole earth catalog, is a huge fan of “the giant pool of money” “it was not an abstract,” he said. Giant pool of money analysis the awful subprime lending crisis is truly one of the most convoluted, wreaking messes conjured by the financial industries in the 20th century.
Adam davidson is npr's international business and economics correspondent and host of planet money this interview was taped on march 22, 2009. The giant pool of money is about 70 trillion dollars basically, all the money the world is saving right now insurance companies saving for a catastrophe, pension funds saving money for retirement, the central bank of england saving for whatever central banks save for. The giant pool of money the giant pool of money is an episode of the radio show this american life which originally aired on may 9, 2008 the episode described to a general audience the causes and factors which led to the subprime mortgage crisis.
Hey, giant pool of money screw you matt l matt l 9 picture of greenspan speech bubble 10 walt lyon 10 homeowners paying 9. It's reasonable, though, to expect a high schooler or your mom to listen to the giant pool of money read more helpful comment report abuse m nasca 50 out of 5 stars great explanation of the sub prime mortgage crisis january 14, 2012 format: mp3 music verified purchase. The giant pool of money is an episode of the radio show this american life which originally aired on may 9, 2008 the episode described to a general audience the causes and factors which led to the subprime mortgage crisis. The episode is called the giant pool of money and it's worth at least an hour of your time on your next commute hearing the agents all along the chain of events describe what they [were.
The giant pool of money social proof can promote conformity either by providing information and validation or by creating social pressure to o along as we saw in class in reviewing the cash experiment with the three bars or the amalgam experiment with the electric shocks, authority plays an important role in strengthening social proof. This is the case with all of the players in the giant pool of money we will write a custom essay sample on giant pool of money or any similar topic specifically for you do not waste your time hire writer jim finkel, rachard the marine, clarence nathan, adam davidson, ceyla pazarbasioglu, mike francis, mike gardner, glen pizzolorusso, and. Planet money is an american podcast and blog produced by npr using creative and entertaining dialogue and narrative, planet money claims to be the economy explained it was created after the success of the giant pool of money, an episode of this american life as of 2018, episodes are hosted by robert smith, stacey vanek smith, kenny.