Credit Default Swaps - The Housing Crisis?

The credit default swaps market without going too knee deep on how it works. You should watch that because his spreads go up and people have to pay more to ensure against the faults in the housing market. On the potential positive side, the loan books aren't nearly as bad as they were in 2009. But don't ignore the negative side either, folks. We just keep doing the same dumb thing over again. Racism, segregation, housing crises, accumulating debt we can't pay. Buckle down. Be smart with your money.