CrisisofCredit.com - A Visualized, Simplified Take on the Causes of the Credit Crisis

For those of you living under a rock for the past two years, our country has taken a huge swing back towards fiscal responsibility. Well, not the people on Wall Street, but they never live in reality anyway. Getting back to the point, someone created a very simple, but engaging review of mortgages, investors, Wall Street, Credit Default Swaps, CDO's, bonds, interest rates, and the like. CrisisofCredit.com, created by Jonathan Jarvis, is an excellent primer on the whole debacle.

I highly recommend watching this video. Everyone I've sent it to has watched, enjoyed, and forwarded on to many others.





The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
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