Woa, where'd the economy go?

This picture is from The Economist website today.

I posted a while back when This American Life did an explanatory hour on the sub-prime mortgages that led to the credit crisis. Last Friday they did another helpful, very easy to understand, 1-hour show about the latest economic super-disaster. It explains very simply the complex problems with the commercial paper market and credit default swaps, neither of which I ever knew existed. Check it out here.