Leveraging and deleveraging explained

Brad Robideau of American Public Media says:

Leveraging–or borrowing–has been cited as one of the contributors to the financial crisis. In this Marketplace Whiteboard, Marketplace Senior Editor Paddy Hirsch explains how the move to deleverage–or reduce debt–is prompting wild market swings and concerns about deflation.

All of "The Marketplace Whiteboard" videos can be accessed at www.marketplace.org and are part of "Fallout: America's Financial Crisis," Marketplace's comprehensive coverage of the current financial crisis.