Recession for Dummies: The Credit Crisis Simply Explained (Video)

Not exactly sure why we're experiencing a global financial meltdown? Can't tell a submarine from a sub-prime mortgage?

Then, this video is for you.

Dubbed “The Short & Simply Story of the Credit Crisis,” it’s exactly that. For those with a firm grasp of the problem, it might not add much, but for many people this will serve as a great overview on what happened and a good illustration of why there’s no easy solution.

The video was made by Jonathan Jarvis, a student at the Art Center College of Design in Pasadena, California, for his thesis project...

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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