I like to think of myself as reasonably informed, but I’ve still been pretty much in the dark about how this whole “credit crisis” thing happened. Well, I just came across this excellent video that explains the situation in very down-to-earth terms. Honestly, it’s one of the more fascinating web videos I’ve seen in a long time. It certainly cleared a lot of things up for me, here’s hoping some of you might find it helpful.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
