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This is how we landed in mess !

This presentation was forwarded to me by a friend of mine. This exactly explains the reason why we are seeing an economic meltdown globally today.

All of this started many months back – something that is called Sub prime crisis. First 4-5 slides is what is the root cause.

A must watch (please view it full screen so the text is visible)

 

How could these finance companies be so careless ! Astonishing…Look where they have got us today

Arun Prabhudesai: Arun Prabhudesai is founder / chief editor at trak.in. He jumped the Entrepreneurship bandwagon in early 2008 after a long 13 year stint in I.T Industry. You can follow him on twitter @trakin and Facebook. Arun’s Google+ Profile
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