Credit crisis explained

H/T to AtticMan.

This is an interesting and useful clip to explain credit crisis.

The Crisis of Credit Visualized .

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Comments

  1. Brilliant! I’ve never seen it explained in such an entertaining way, (apart from Bird and Fortune’s sub-prime analysis) I’m glad people can see a clear depiction of what’s really going on with their investments when they allow others to manage it for them. A lesson to be learnt for all investors out there: If you don’t understand it, don’t invest in it. That goes for letting someone else invest your money for you!

  2. Brilliant! I’ve never seen it explained in such an entertaining way, (apart from Bird and Fortune’s sub-prime analysis) I’m glad people can see a clear depiction of what’s really going on with their investments when they allow others to manage it for them. A lesson to be learnt for all investors out there: If you don’t understand it, don’t invest in it. That goes for letting someone else invest your money for you!

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