The crisis of credit – visualised

Posted by on March 14, 2009 4 Comments

Have no idea what the credit crisis is all about? Here is a video by Johnathan Jarvis to explain it in simple, visual terms.

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4 Responses to “The crisis of credit – visualised”

  1. Thanks TOC and Mr Jarvis 14 March 2009

    The best concise explanation of Credit Crisis to me.

    I don’t know anything about financials and even I can now understand what its all about! This is an excellent education material.

    Seems like Wall street, aka the financial system has a lot to answer for this mess. Also, need to say hello to Greenspan. the 1% interest.

    simply bombastic! I am gonna replay a few more times to understand deeper.

  2. mage 15 March 2009

    I actually saw this video before on youtube, and its brilliant i must say in explaining the current credit crisis to lay people.

  3. Credit Cards 15 March 2009

    Hopefully someone would do a write-up on Credit Card Uses and the potential financial crises and fiascoes resulting from them.

  4. best timing to provide this was during minibon rally at hong lim 15 March 2009

    if people had read this earlier, even more interesting debate during rallies at hlp, especially for the investors.

    can i say all of them or most of them got compensated already? any updates on the fiasco?