The first thing to understand is that no matter how much research you do, you will never be able to fully understand the financial crisis and why we are in it. There are many reasons for this and some unknown reasons. You can however get a good understanding of it.
The first thing to learn about is the major reason why we are in this recession. Ultimately, banks are the reason for the big part of he financial crisis. That is why, much of the legislation being passed by the government affects the banks and wall street.
Understanding why we are in a recession will also help finding out who it affects and what you need to do to protect your assets. Staying up to date by watching television stations like cnn, and reading internet news sources will help you fully understand what is going on and what could happen.
Becoming educated in the financial crisis can have a lot of great affects. If the government is giving out free money, then you will know when and how to get this. You will also be an educated citizen that understands the consequences of legislation passed by the government and be able to have a say in that legislation.