I gave this talk at the excellent Masters program facilities of UDLAP (http://www.udlap.mx/inicio.aspx) in Mexico City. I cover why credit matters in macroeconomics, why the crisis occurred, and why many countries (not including Mexico!) face a financial crisis in the next 1-3 years.
I will post another version of this talk, given at UNAM, which also has a Spanish translation of my remarks.
The content is almost identical to my talk last week in Norway, with brief closing remarks on Mexico taking the place of the same on Norway.
