Financial Crisis 101
It's no secret that the U.S. economy is in trouble. "We're in the midst of the biggest financial crisis since the Great Depression," Oprah says. But how we got here, what it means for the average American and how we can fix it is pretty confusing. "We all want to know what this $700 billion bailout really means and why it matters to everybody watching this show," she says. "Not just the folks on Wall Street."
CNN senior business correspondent Ali Velshi is giving a lesson in Economic Crisis 101. He's been poked fun at for his gloom and doom financial reports, but the current situation is no laughing matter. "It's serious," he says. "But the fact is we'll get through this if we understand how it affects us and what we can do."
CNN senior business correspondent Ali Velshi is giving a lesson in Economic Crisis 101. He's been poked fun at for his gloom and doom financial reports, but the current situation is no laughing matter. "It's serious," he says. "But the fact is we'll get through this if we understand how it affects us and what we can do."
Published 10/03/2008