I just want to understand what is going on with global credit crisis|||Do you want to understand the obvious financial/political side of it, or would you like to know the deeper causes for this crisis?
If you would like to look at the root cause, I would recommend this excellent analysis of the current economical crisis:
http://www.laitman.com/2008/10/analysis-鈥?/a>
I hope you find it helpful.|||Right now the central banks are loaning money to major banks and buying equity in them.This will bring on a worldwide recession but it is felt that this is better than a worldwide depression.
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