3 ms·

I think this is pretty obviously an investigative human interest story, not an economics piece.

• cperciva 17y ago
  People aren't good at understanding big numbers. Slicing off a small part of the mortgage crisis and providing a detailed history of that small part makes it much easier for people to understand what's going on. It's just like unemployment rates -- saying "ten million people are out of work" doesn't mean as much to most people as "one of your ten closest friends is out of work".
  • ars 17y ago
    And what happens if your little piece acts totally different than the rest of the market?
    • cperciva 17y ago
      Then you write "we were lucky, and most investments did much worse than this". But it looks like the slice involve here is large enough that it will probably do a good job of illustrating things.