what’s going on ?

The best “What the heck is this all about!?!?!” financial FAQ I’ve stumbled across. I’ve been trying hard to get all the details, so there’s little in here that shocks me, but it’s nice to have the confidence interval of my sketchy comprehension narrowed down snugly. Here’s my ultra-short version: Q: What’s going on? A: A credit crunch. Q: What’s that? A: Because we’ve moved past the level of trading apples for chickens and chickens for pigs, to the level where we sometimes trade a