Friday, February 20, 2009

The credit crises for dummies

I felt like I understood how the whole mess came about for the first time after watching this.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

1 comment:

  1. Neat post. Seems like this whole thing is not alone, economically speaking, if you frame it in terms of the real value of goods, or, in this case, their value negotiated through risk, is ignored and people get caught up in a bubble.