The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Jonathan Jarvis' animation of the credit crisis is one of the best explanations I've seen yet. It's not perfect, but provides an excellent overview. Be patient though -- while it's only about 11 minutes long, it takes a few seconds to load, but is worth the wait.
Thursday, March 5, 2009
The Crisis of Credit
1 comment:
Isn't it too bad that our government allowed and encouraged the development of these sub-prime mortages. Allowing people who couldn't afford these homes and mortgages to make bad decisions. Now the people who did their homework and made smart decisions will be paying for all those dumb decisions.
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