The Credit Crisis for Dummies

How it all went down:

The Credit Crisis for Dummies.

I wonder how long before the g'mt decides to increase the value of homes by buying up all the foreclosed houses and demolishing them.

Of course, we could sell the "excess inventory" to the Chinese. Oh, wait, that's already happening. They're forming buying clubs to buy up cheap US houses. Meet your new Chinese Overlords Landlords.