the crisis of credit

This is a nice animated short story about the credit crisis, easily explained for those unfamiliar with the financial terms. Also check out some more work from the creator of the video Jonathan Jarvis on his website.

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3 Responses to “the crisis of credit”

  1. surfin_bird (38 comments) Says:

    haha…cool! this guy explains it all very simple and correct. not like the guys on TV, who pretty much have no idea what they’re talking about. but he left out an important part, though: in order to save the banking system, the Fed “lended” huge amounts of money, thus created a bigger lack of liquidity on the market :arrow::arrow: home owners get fucked.
    that’s in short :mrgreen:

  2. ivalki (2 comments) Says:

    nice info … tx for posting :)

  3. irina (161 comments) Says:

    well i’m not sure the info is that nice :-S, but it is put in a nice way :D

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