Was browsing through the Internet today and stumbled across The Credit Crisis Explained in Simple English. This awesome video explains the credit crisis in simple English with pictures instead of written words. I’m not sure if anybody has explained the credit crisis better than this video animation. Jonathan Jarvis is a genius, the purpose of the video is… “The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.” I think Jonathan definitely nailed it

There’s been powerpoint presentation and hundreds of pages of written explanation, but I don’t think any one of them can explain it as simple as this one

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