Archive for United States
Fall of the Lehman- narrating in the Econ101 way: part 1
This is the beginning of a series of writeups on the effects of the financial crisis in the United States with the fall of Lehman Brothers. Soon, the ripple effect is going to engulf the entire economy. This part discusses in layman’s terms what happened on the weekend of September 14, 2008 and how an average citizen will be affected.
