Saturday, 28 February 2009

The credit crisis explained

This is a great video on how the credit crisis came about.

It doesn't describe the government programs that led to the crisis, just the mechanics of how things became frozen.

Barney Frank, Chris Dodd et al should watch it...


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

(Nothing Follows)

2 comments:

Kaboom said...

JacLac,

That is pure genius!

I shall follow the threads in order to commend the author!

Anonymous said...

Alan greenspan has a lot to answer for. Bring back the Gold standard!

--a