The Credit Crisis Visualized

Zachstar · 02-20-09, 11:12 PM

This amazing video shows in simple terms why the credit crisis is happening.

What I like about it is how it portrays those at fault in an equal light. Most are quick to fully place the blame on the system when atleast part of it belongs to those who thought it ok to take an outrageous loan.

What it is leaving out tho is how this crisis is smoking out the frauds and other baddies in the system which is causing a massive lack of confidence in investments.

02-20-09, 11:12 PM	#1
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	The Credit Crisis Visualized This amazing video shows in simple terms why the credit crisis is happening. What I like about it is how it portrays those at fault in an equal light. Most are quick to fully place the blame on the system when atleast part of it belongs to those who thought it ok to take an outrageous loan. What it is leaving out tho is how this crisis is smoking out the frauds and other baddies in the system which is causing a massive lack of confidence in investments. __________________