This is a great five minute video that does a wonderful job explaining the credit crisis in simple language and pictures. I think everyone should watch it!
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
I originally saw this video on John Koetsier’s sparkplug9 blog.
Good stuff… credit crisis for dummies!!
Yes, this is one of the best explanations for the credit crisis. It really makes sense.
Now the question is: what do to solve the problem?