Dare Obasanjo notes that his (along with nearly everyone else) retirement funds are in submarine mode; I just belatedly moved a bunch of things into cash (I know, barn doors and all that). Still, I don't think we're near the bottom - the real fun starts in a few years when social security stops adding money to the general fund and starts pulling it out - so in the grand scheme of things, maybe a move to cash now is early :/.
Anyway - I've found a few really good resources via NPR for getting layman level info about what's going on in the world of money:
The only fun part about all this is the tag line NPR had on one of their "This American Life" shows that covers this stuff pretty well:
Understand the current bailout! Regale dinner parties with your take on credit default swaps! Amaze your friends!
Technorati Tags:
finance, economy
Previous Topic
