"The Crisis of Credit Visualized"


Original animation explains the mess



One of the better explanations so far. I do have two issues with it. First it completely overlooks the government role in the game. And second, the turning point happened earlier when mortgages were bundled with other mortgages and not with another investment.

Still, it's a great piece.

— NeoWayland

Posted: Mon - February 23, 2009 at 01:38 PM  Tag


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