What is the “Credit Crisis”?

Posted: March 3rd, 2009 | Author: Pulkit Sethi | Filed under: Finance | Tags: | 2 Comments »

Everyone from President Obama to the average Joe has been talking about the credit crisis. But I think most of us (including myself) don’t truly understand what this term really means. This video animation explains what the credit crisis is, how it started, and why it has brought gridlock to the current financial system.



The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

2 Comments on “What is the “Credit Crisis”?”

  1. 1 Bojo said at 7:08 am on March 10th, 2009:

    Great video..it’s starting to make sense now

  2. 2 HQ said at 12:47 pm on March 10th, 2009:

    Thanks for the posting the video!

Leave a Reply