Financial crisis explained through Pokémon

This is a great analogy between the current financial crisis and Pokémon CCG as explained to a 14 year old.

Here’s an excerpt:

The following is an actual conversation I had with my younger sister, Olivia. She likes to draw, play World of Warcraft, and now, she’s the only fourteen-year-old girl who understands the U.S. economic crisis.

Kevin: Have you been following the news?

Olivia: Yeah, I don’t really get it.

Kevin: Imagine that I let you borrow $50, but in exchange for my generosity, you promise to pay me back the $50 with an extra $10 in interest. To make sure you pay me back, I take your Charizard Pokémon card as collateral.

Olivia: Kevin, I don’t play Pokémon anymore.

Kevin: I’m getting to that. Let’s say that the Charizard is worth $50, so in case you decide to not return my money, at least I’ll have something that’s worth what I loaned out.

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About the Author

Tiago is the mastermind behind Breaking the Magic but he usually isn't the mastermind when playing games getting a lot of humiliating last places. He is however a cunning Cylon. Also never ask him to roll a die, even though he doesn't have bad luck at critical times he is known to roll the worst possible result. He loves receiving mail and answers every single one.