The Credit Crisis Simplified
3 Comments Published by Pam Buda April 1st, 2009 in Finance and Lending, Uncategorized. by Pam BudaKudos to blog buddy Gretchen Merrick, writing from the South Bay, for calling my attention to this wonderful animation which explains the origins of the current credit crisis in clear and simple fashion. Her post contains a link to an interview on Terry Gross’s Fresh Air Show on National Public Radio, which offers more detail. The Credit Crisis Simplified | South County Real Estate Today
I thought I would offer the video here. I love this form of visual communication when done well!
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
good explanation Pam. I really enjoyed the simplified version although it is hard to even imagine all of this was going on without us really seeing it for the past 7-8 years. Thanks for the education in its simplest terms.
Hi Kappy–yes how could everyone from Alan Greenspan on down miss this? Good question. And credit for the simplified explanation goes to Jeff Jarvis. Good work!
Apologies, the video was produced by Jonathan Jarvis, not Jeff Jarvis/