By Mr. BI just ran across this fascinating video. Created by Jonathan Jarvis, the video breaks down the credit/mortgage crisis in under twelve minutes. Sure, there’s some simplification involved, but it all ultimately boils down to one disgusting word anyway – GREED.
Take a coffee break and watch this. It’s worth it.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Very nice short video explanation of the present financial crisis. So simple and direct that everyone can understand it. Thanks for posting.