Breaking down the current bubble.

It's not over, by a long shot. GDP is no longer shrinking, but that does not mean that the current bubble isn't over. The real estate bubble has yet to get through the next wave of Alt-A resets, and commercial real estate continues to suffer. The financial turmoil is hidden by TARP and stock offerings that replaced TARP, and the derivatives market continues to remain unregulated. Until they fix all the problems, the economy remains extremely fragile, even as the market is about to potentially push up asset valuations.
Congress must act fast.
This video is a quick review of the problems, and questions Congress must ask of the banks.

Visit msnbc.com for breaking news, world news, and news about the economy