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Museum of American Finance Tracking the Credit Crisis

March 29, 2009 Economy 1 Comment

I did not know that we had a museum dedicated to Finance. I think that is so cool!

Anyways, I first heard about this museum last week while listening to a Wall Street Journal podcast. They were talking about their newest exhibit that will help the public understand the whole economic mess we are currently in.

 

The following is a copy + paste from the museum’s website:

“Tracking the Credit Crisis: A Timeline” traces the development of the current financial crisis, which is the most severe and complex economic and financial challenge in modern experience.

Presented as a monumental 8’ x 20’ graphical wall accompanied by a video presentation, the timeline begins with the bursting of the U.S. housing bubble in late 2006 through the unprecedented trillions being guaranteed and injected into the private sector in 2008-2009 by the government. President Barack Obama’s stimulus package of almost $800 billion is part of the stabilization effort to forestall a financial collapse, in a global environment in which some $40 trillion in wealth has been lost (on paper) in the last 18 months. The U.S. government’s actions represent a watershed in American economic and political history.

 You can download the giganormous timeline in pdf form from the museum’s website. 

Link:
Museum of American Finance
New York museum opens exhibit on credit crisis, Reuters, published 3/25/09

Currently there is "1 comment" on this Article:

  1. I must say this is a great article i enjoyed reading it keep the good work 🙂

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