Talk to Me Like I'm Stupid--Financial Derivatives

The rules are as I explained yesterday. I'm looking for the clearest possible explanation of financial derivatives, how they work in our world, and their place in the financial crisis. Do not think of this as a school essay assignment. Think of it as a conversation. This thread is the best model. Those of you who are ignorant like me can, and should, still participate. Please ask questions. I'm not looking at a single post in isolation; I'm looking at the whole thread. 


A final word of advice--attempting to show how smart you are will almost certainly cause you to lose. Understanding something is one skill. Explaining to people like they are stupid is another. For my own benefit, I'm hoping to cultivate the latter. I'll name a winner on Thursday.
Presented by

Ta-Nehisi Coates is a national correspondent at The Atlantic, where he writes about culture, politics, and social issues. He is the author of the memoir The Beautiful Struggle.

What LBJ Really Said About Selma

"It's outrageous what's on TV. It looks like that man is in charge of the country."

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

What LBJ Really Said About Selma

"It's going to go from bad to worse."

Video

Does This Child Need Marijuana?

Inside a family's fight to use marijuana oils to treat epilepsy

Video

A Miniature 1950s Utopia

A reclusive artist built this idealized suburb to grapple with his painful childhood memories.

Video

Why Principals Matter

Nadia Lopez didn't think anybody cared about her school. Then the Internet heard her story.

More in National

From This Author

Just In