And I know this happens because I took economics and I'd explain it to ya but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye.
Over and over again financial experts and wonkish talking heads endeavor to explain these mysterious 'toxic' financial instruments to us lay folk. Over and over they ignobly fail because we all know that no one understands credit default obligations and derivatives except perhaps Mr. Buffett and the computers who created them.