The Crisis of Credit Visualised Video by Jonathan Jarvis beautifully illustrates how the credit crisis or credit crunch came about. It’s a very well made video that is easy for non-financially literate people to understand.
The video illustrates the relationship between the home-owners, banks, brokers, hedge funds, CDO’s, investment bankers, prime mortgages, sub-prime mortgages etc. and makes it easy for anybody to understand.
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