How bad loans in the US infected the world

Today’s Guardian is all about credit crunching. I recommend the Business G24 .pdf version, if you’re about to take a train or bus somewhere.

I got to read the real version, live!

Guardian

On this train:

Transpennine

The reason for the interest: the Guardian put in a great graphic on the infectiousness of the US housing bubble:

Bad Loans pic_guardian

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