There is probably not a single person in the world today that hasn’t been affected in some way by the crisis that currently surrounds us. The majority have been affected negatively and a few positively, but everyone HAS been affected.
Not many people, though, and almost no one that has been affected without any direct link to the crisis (by this I mean people that aren’t in finance or finance related positions) actually really knows what happened and how we snowballed into something that comes along once a century.
Jonathan Jarvis, however, is someone who has and he’s managed to create an absolutely fantastic visual explanation of how this mess we’re in occurred. It explains mortgages, subrpime loans, collateralized debt obligations, securitization etc. in simple visual forms. The video is below:
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
{ 8 comments }
Loading ...
