The Crisis of Credit Visualised

I’m an economics student. I read about the financial crisis every day, I occasionally try and explain it to people, and I take an active interest in what happened and what we’re doing to solve it. I even tried to lay it out for people on my other blog. But this video is the best I’ve ever seen. It does a fantastic job of explaining difficult concepts and their causes and effects. It’s only 10 minutes long, and afterwards you’ll have a much better understanding of how we got into this mess.

Thanks to Charlie for the tip.