You definitely know that we are in a credit crunch right now.

You have probably heard some comments that Alan Greenspan is one of the cause of the great credit freeze we are experiencing now.

And, you would probably have watch in the previous Suze Orman's video explaining how the credit crunch is affecting all of us.

This time, Suze Orman explains how the credit crunch actually happens, beginning with the sub-prime mortgage.

Incidentally, there is a also great book "The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash" which explains the whole credit crisis in greater detail.