Great video Ethan! You somehow managed to make me laugh while watching this video (even though I know I shouldn’t be). Keep it up!

GREAT VIDEO! I like how each video is getting better & better… keep up that continual improvement. Everyone is talking about wall street right now and I like some of the ideas blogged from http://www.collegestock.com

AWESOME! Loved every minute of it and really helped me understand what is going on in the world today. Keep up the great work.

Good info but you didnt touch on the subprime morgtages that the banks were forced to give out.

Hey Ethan,
First off, i have to say i LOVE the idea of the show. If you can put these complex issues that we don’t know much about into short videos, then you have a real good show on your hands. My only suggestion is that you seem a little too goofy for the masses. Its ok to be a little more serious. Anyway, that’s my vote. Otherwise I really like the show and look forward to more!

Watched your vid on R3Beta and for some reason the vid didn’t work, only the audio. But I was still compelled to watch other shows you did in the past through R3 (the other ones worked). I hope you get in, you have my vote.

Mr.ACE
aka Rekottop

Oh, didn’t know the eMail wasn’t published. Just sending in a real eMail addy this time. Once again, loved all the vid casts you have done; especially this one. Keep up the good work.

Great show! Bookmarked! - But…. If the general jumps on the hand grenade and saves his soldiers in the bunker, what good are they if they’ll get slaughtered in battle without him and a battle plan? I understand what the bail out is trying to accomplish, but i think the money could be used instead to fund public works projects, among other things, creating jobs and some stability. Think the bail out will just legitimize this sort of behavior for banks. I rather have the banks fail than the government get blown to bits.

I just wanted to take the time to THANK EVERYONE for the awesome comments. Words cannot explain how humbled I am!!

Please keep the feedback coming and don’t hesitate to send us ideas for future episode of WSYK: wsyk (at) opensermo (dot) com

Cheers.

@itsame

While putting this episode together we had to weigh all of the ideas, situations, definitions etc. we wanted to cover and tried to pick the things that when combined could give someone, who had no idea about the Financial Crisis, a good enough understanding, so they could walk away from the video and actually engage in some light conversation on the topic.

We nodded at sub-prime by explaining that people were buying houses they couldn’t afford, but chose not to highlight the fact that Fannie and Freddie were pushing for these mortgages.

@Refael

My analogy about the hand grenade isn’t perfect because the general would most likely die, however even if our government took a 700B dollar loss (which is not the case, hopefully), it would be catastrophic but we would make it through. Furthermore by not bailing out the banks there is a good chance the entire country could get “blown to bits” due to the economic fallout.

That’s just my thought, I also think you have a valid point that 700B could be used for so much good, and it is somewhat disheartening all this money has to used to bailout out the very people who helped create the crisis.

Thank goodness someone can explain the crisis– nice job! Now if only you’ll tell us what we should know about the rescue package…

Amazing!! In 4 minutes you summed up the Financial MESS that the main stream media is still trying to explain!!

Keep it up!

nice. well explained

You have the makings of a great show…I am not nuts about the intro, but the content and your engagement with the camera are really amazing…I will give you a quick nod on twitter and also going to write a post about this episode. So far, you are the only person who has explained this in a way I could understand it.

And, dude, you are FUNNY.
JA

I’ve been watching the CNBCs, CNNs, FoxNews, CBS, ABC and NBC ant not one of them has broken this down to such simplicity You are hilarious and informative - what a great combo. I’ll be back for more..

Awesome, watched your videocast on Revision3Beta and loved it. Finally someone who can explain whats going on make it fun as well. Great Job!

F.U.C.K.I.N.G AWESOME Ethan!

Thanks for the amazing education lesson - also made me wet myself btw…