Tuesday, March 17, 2009

Rather Too Busy

It is maddeningly hectic just now but I came across this and learned a lot from it about the banking "crisis".

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

Being a financial idiot, it answered many questions I had about just how this mess came about. In short, they tried to game the system and, as with all dishonest schemes, it finally came back to bite them.

Still, a very interesting and nicely simplified view of things...

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