Explaining the Credit Crisis in Plain Language

The credit crisis that began in the summer of 2007 as a seemingly localized event, expanded over the subsequent year to impact the lives of many individuals, not just in the United States where it began, but internationally as well. A continuous stream of news headlines sensationalizing the rise in residential foreclosure rates, the drop in house prices, the contraction of residential credit and even the collapse and failure of several large and distinguished financial institutions, most notably Lehman Brothers, all testify to the severity of the crisis.

Yet understanding the credit crisis is no simple task. Tracing cause and effect is difficult in large part due to the complexity of the financial market system that moves capital from those who have it to those who need it. In this topical webinar, join Rick Thachuk, former central bank economist, as he navigates you through the credit crisis in simple, easy-to-understand terms complete with helpful illustrations. You'll discover:

  • How the mortgage credit market works.
  • How the credit crisis began.
  • How the crisis spread.
  • The impact on investment banks.
  • The proposed $700 bln "bail-out" plan that was rejected.
  • Some low-risk trading opportunities for under $500.

This 33-minute video is ideal not just for the trader but for anyone engaged in discussion of this timely and news-leading event. Links to additional resources are also provided.

This video is presented by Rick Thachuk, President of World Link Futures, Inc. and made free of charge thanks to the sponsorship of Alaron's Futures Training Division. To access this free online video, please complete the information below.

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THE RISK OF LOSS IN TRADING COMMODITY CONTRACTS CAN BE SUBSTANTIAL.
YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS
SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.