Wow. If you did not know by now how everything fell apart in the housing bust, this movie sums it up nicely.
As the problems get more complex, at least there are people out there willing to simplify things. And more tools exist to explain this crisis than the dot com bust.
Wednesday, February 25, 2009
The Crisis of Credit Visualized - Part 1
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1 comment:
I love how at the end of the video, "less responsible" borrowers who took on sub-prime loans have more kids, no dog, and smoke.
Nice.
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