Archive for the ‘Global financial crisis’ Category

Jubilee! (?)   Leave a comment

2509857120_5f43d4858b_o-28875f634cdecb828ccaaa98c667017dcce48e7c-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/23/506763952/episode-587-jubilee

Summary: After Iceland was hit hard by the financial crisis, Icelanders with mortgage loans were drowning in debt.  Recognizing the outrage, the Progressive Party of Iceland capitalized and offered to clear everyone’s debt.  Planet Money discusses Iceland’s use of a biblical event called jubilee and the results.

Original Air Date: December 23, 2016

Length: 20 minutes

Help arrives for (some) underwater homeowners   Leave a comment

Link: http://www.marketplace.org/2016/04/15/economy/homeowner-buyout-plan-better-late-never

Summary: The Federal Housing Finance Agency begins to help 33,000 homeowners who financed their mortgages through Freddie Mae or Fannie Mac and are are more than 15% underwater and 90 days delinquent on payments. Assistance includes lowering interest rates and the balance of principal owed

Original Air Date: April 15, 2016

Length: 2 minutes 12 seconds

The midlife economic anxiety crisis   Leave a comment

midlifeLink: http://www.marketplace.org/2016/03/18/world/why-theres-so-much-economic-anxiety-midlife

Summary: According to the Marketplace Economic Anxiety Index, 35-54 year olds are the most worried age group in the U.S. Children’s college tuition and retirement loom over these folks and they also felt the aftershocks of the housing crisis and stock market crash. Marketplace speaks to a couple about their economic concerns and decisions.

Original Air Date: March 18, 2016

Length: 5 minutes and 4 seconds

How To Make $3 Trillion Disappear   Leave a comment

how to makeLink: http://www.npr.org/sections/money/2015/10/23/451228005/episode-659-how-to-make-3-trillion-disappear

Summary: The Planet Money team discusses the end of quantitative easing – how it works and how it is coming to an end.  A particular focus is how this process will impact commercial banks and their clients.

Original Air Date: October 26, 2015

Length: 15 minutes 25 seconds

Worst Case Scenario   Leave a comment

worst caseLink: http://www.npr.org/sections/money/2015/06/19/415804477/episode-634-worst-case-scenario

Summary: The Planet Money team investigate current problems in our economy that could create the next economic crisis.

Original Air Date: July 19, 2015

Length: 16 mins

The Last Euro in Greece   Leave a comment

last euroLink: http://www.npr.org/sections/money/2015/07/08/421228146/episode-637-the-last-euro-in-greece

Summary: The Planet Money team discusses the role the banks played in the Greek debt crisis and how it affected the Greek people.

Original Air Date: July 8, 2015

Length: 13 minutes 38 seconds

Why Textbook Prices Keep Climbing   Leave a comment

textbooksLink: http://www.npr.org/blogs/money/2014/10/03/353300404/episode-573-why-textbook-prices-keep-climbing

Summary: Something strange is going on in the textbook market. The price has steeply increased over the past decade–and they’re only getting higher. There is a disconnect between the chooser (the professors) and the buyers (the students). Technically, the professor is the consumer, and they’re spending their students’ money. The podcast offers the opposite: high school textbooks, where costs are kept low because the books are paid for by the schools.

Original Air Date: October 3, 2014

Length: 14 minutes 56 seconds

Discussion Question/ Prompt: Propose a solution to the rising textbook price problem. (Example: a price ceiling? professor awareness of prices? incentives for lower prices?)