I recorded this at the ritz carlton in lower manhattan. Rather, everyone up and down the value chain seemed content to seek out information that would confirm their biases and continue making them money. Download these standout episodes of ira glass podcastdefining series. Course economics by crashcourse cursa learn with a lot of. Giant pool of money named to decade top 10 list npr. To view this content, download flash player version 9. Ever wanted to actually understand the 2008 financial. By participating on this discussion board, visitors agree to abide by the rules outlined on our rules page. My commute to work has gotten to be around 50 minutes one way so ive been listening to a lot of podcasts. Giant pool of money this american life music kosmomusicz.
Powtoon gives you everything you need to easily make professional videos and presentations that your clients, colleagues, and friends will love. The giant pool of money this american life on huffduffer. Giant pool of money by this american life on amazon. I really enjoy this american life but theres just so many episodes to go through.
May 09, 2008 global pool of money got too hungry nprs adam davidson and this american lifes alex blumberg jointly report on how rising defaults on subprime mortgages in the u. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened. You can learn more about the daily ins and outs and join the discussion on the planet money blog. This american life is produced in collaboration with wbez chicago and delivered to. Download it to your ipod or other mp3 player, or burn it to a cd and take the hour to check it out. This american life is produced in collaboration with wbez chicago and delivered to stations by prx the public radio exchange. It cited this story as a great example of how evan a horribly complex situation like the financial meltdown of 2008 could be explained to the average person. The first major podcast property in public radio, planet money was created off the momentum of a widely recognized series of this american lifenpr episodes, beginning with the giant pool of money. However, to prevent it from happening, the authority or the investors should have hired some auditing agencies to observe the running of the giant pool of money, so that they at least can discover the early indications of the crisis. At the center of the podcast was the giant pool of money, the trillions of dollars in the economy that constantly need a place to be invested. In the giant pool of money nprs adam davidson and this american life producer alex blumberg team up to explain how the u. Hearing the agents all along the chain of events describe what they were. 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.
And they explain that a lot of it has to do with the giant global pool of money. Specifically, the amount of money in global circulation had increased from roughly thirtysix to seventy trillion dollars by 2000 the giant pool of money 4. Transcripts are generated using a combination of speech recognition software and human transcribers, and may. If you are able, we strongly encourage you to listen to. How did the giant pool of money contribute to the credit crisis. The giant pool of money case analysis essay example. The main drivers of this increase in currency circulation derived from extraordinary economic growth by countries such as china, brazil, and newly capitalistic countries in eastern. Why did banks make halfmillion dollar loans to people without jobs or income.
Global pool of money got too hungry nprs adam davidson and this american lifes alex blumberg jointly report on how rising defaults on subprime mortgages in. Giant pool of money mortgage crisis follow up a year and a half ago, npr news and this american life teamed up to produce the giant pool of money. This american life is produced for the ear and designed to be heard. In it, he explores the 2008 financial crisis, looking for the root cause of the meltdown. The episode is called the giant pool of money and its worth at least an hour of your time on your next commute. Today on the show, we visit a giant pool of money worth trillions of u. 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 this american life huffduffed by jslo on june 10th, 2017 a special program about the housing crisis produced in a special collaboration with npr news. The giant pool of money has been added to your cart add to cart. Visit pool sharks and enjoy the webs most realistic 3d graphics. This is giant pool of money by matt kenyon on vimeo, the home for high quality videos and the people who love them. The giant pool of money the hourlong this american life episode that explained the subprime crisis and gave rise to planet money was just named one. A group of people contributes on a regular basis to a common. A special program about the housing crisis produced in a special collaboration with npr news.
Oct 18, 2008 hey, giant pool of money screw you matt l. The giant pool of money and seventeen more episodes by highest rated this american life episodes, free. Giant pool of money by this american life on amazon music. This american life producer alex blumberg teams up with nprs adam davidson for the entire hour to tell the storythe surprisingly entertaining storyof how the u. Alex blumberg and nprs adam davidsonthe two guys who reported our giant pool of money episodeare back, in collaboration with the planet money podcast. Read the german translation by the magazine of swiss daily, neue zurcher zeitung. Return to the giant pool of money this american life, 25 sep. A giant pool of money examined lending practices that led to the meltdown of the u. Coronavirus seems to have made podcasts more of an. The giant pool of money by chicago public radio and see the artwork, lyrics and similar artists. It aired on this american life may 9, 2008, and npr gave it major play, airing an extended excerpt on all things considered. The giant pool of money analysis every individual in the united states wishes to be a homeowner because owning a home is considered as the ultimate achievement by majority of the population and is a symbol of successful and fulfilling life grant, rick.
The centerpiece of the series is a 15foottall pyramid of champagne glasses, connected to a change machine that breaks dollar bills into quarters. Regardless of what you call a money pool, the basic concept remains the same. Macro assignment 4 return to the giant pool of money. To understand where the subprime mortgage crisis began, we need to start at the root of the problem and first look at global savings or as chicago radio dubbed. A triangulation method that uses two or more radio receivers to find the bearings of a radio transmitter. Real money online pool free download real money online pool. Its not available for free, full download yet because its so new, but it will be soon. September 23, 2009 on todays podcast, a year after our hour long documentary on. At that time it was about 70 trillion b how did the giant pool of money from econ 162 at binghamton university. If you cannot access it through the app, try the downloads page. Beautifully simple explanation i was pointed to this story from a book on the art of explanation. Sep 18, 2009 to understand where the subprime mortgage crisis began, we need to start at the root of the problem and first look at global savings or as chicago radio dubbed. The giant pool of money case analysis essay 1033 words cram.
If you are able, we strongly encourage you to listen to the audio, which includes emotion and emphasis thats not on the page. May 27, 2011 if you download it for free and like it, contribute to npr. Jun 28, 2012 notes on blumberg, alex and adam davidson, the giant pool of money this american life 355, 9 may 2008. May 09, 2008 they talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened. The video i created breaks down facts about the giant pool of money and how it was caused. Ever wanted to actually understand the 2008 financial crisis. The psychopath test by this american life on itunes. Highest rated this american life episodes podcast free listening. The giant pool of money case analysis essay 1033 words. Giant pool of money by this american life on itunes. 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. Download now and enjoy 4 variation of pool billiards games, and 3 types of snooker games. There is this long chain of people that starts with these wall street guys and ends with people who stand to lose their houses.
In our office, we compared the crash to a game of musical chairs. To hear a synopsis of the recent credit crisis, go to. All sorts of poor countries became kind of rich making tvs and selling us oil. Stream adfree with amazon music unlimited on mobile, desktop, and tablet. The giant pool of money is an episode of the radio show this american life which originally. The centerpiece of the series is a 15foottall pyramid of champagne glasses, connected to a change. The giant pool of money 2008 peabody award acceptance speech peabody awards. Planet money on todays podcast, a year after our hour long documentary on the housing crisis. The hourlong story recently aired on this american life. Since 2008, the world has seen a robust debate about a number of possible futures for marketbased. Another frightening show about the economy this american. A shorter companion version of this story appeared on nprs all things considered stay updated. The giant pool of money is an episode of the radio show this american life which originally aired on may 9, 2008.
At that time it was about 70 trillion b how did the giant. The giant pool of money 1 drawing on what you learned in session 1 and the readings that are assigned for session 2, identify two psychological processes or biases exemplified by the individuals in the radio story that contributed to the subprime mortgage crisis. Since the apps arent always reliable, you can use this to download episodes. The giant pool of money this american life, episode. The giant pool of money the hourlong this american life episode that explained the subprime crisis and gave rise to planet money was. Huffduff noun the common pronounciation of the acronym hfdf meaning high frequency direction finder. Together they assembled the giant pool of money, a remarkably clear and, in. Locally, we heard the stories about real estate investors who lost properties and funds in the crash. What does the housing crisis have to do with the turmoil on wall street. Nov 21, 2018 feeding monster fish in giant pool pond fish aquarium swim.
Best this american life podcast episodes to listen to right now. Planet money on todays podcast, a year after our hour long documentary on the housing crisis, we catch up with richard, a marine who was. The giant pool of money short history of mortgage crisis. Back in 2008, alex bloomberg this american life, planet money, startup, gimlet media did a story titled the giant pool of money.
May, 2008 the episode is called the giant pool of money and its worth at least an hour of your time on your next commute. The 2008 calamity, like all crises, opened up opportunities for change. Messages posted on the democratic underground discussion forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of democratic underground, llc. The giant pool of money case analysis essay example graduateway. Specifically, the show aimed to show the chain of people who were participants up and down the subprime food chain. In the case of the giant pool of money, the financial world seemed content to ignore the warning signs that these pools of loans were, as one put it, toxic waste. Jun 27, 2008 they talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened. Alex blumberg and adam davidson the guys who did this program have a daily podcast and blog applying that same explanatory power to each days breaking news on the financial crisis. Economy and society home uc berkeley sociology department. The episode described to a general audience the causes and factors which led to the subprime mortgage crisis.
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