About Piponomics

Piponomics Author

Economics play a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affect currencies and life in general. I will post my thoughts and observations here. I'm throwing macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully the final product are lessons that are easy for you to consume.

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October 2008

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Credit squeeze explained!

How did the actions of subprime mortgage borrowers in the US affect global financial markets and lead to the ongoing liquidity crisis - and will the resulting fallout hurt the wider economy? Here's a cool interactive explanation of the credit squeeze from FinancialTimes.com.


Source: http://www.ft.com/cms/s/2/c2c12708-6d10-11dc-ab19-0000779fd2ac.html

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