Trying to explain the economic downturn to my coworkers is so frustrating. For a bunch of fairly bright people, they are not deep thinkers.
Their explanation of the economic downturn.
1. Banks offer loans to people who cannot possibly pay them off.
2. Now we all have no money. :(
Trying to explain how lenders buy and sell loans and how insurance works is a waste of time. Because their explanation sounds so simple, they are happy to follow it. This worked well with their political opinions too:
1. Sarah Pallin is dumb. HUH HUH HUH.
2. Voting for Obama means vothing for not-Bush.
If only everything was this simple.
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