When money stopped the world from going around...

Since it became headline worthy the Credit Crisis is a term that we have been bombarded with from every imaginable media outlet. Even though the problem originated and is mostly felt in the States, the global nature of our economy prevented us from being immune to its effects. The complexity of the whole process left many of us clueless as to how it actually happened and what, if any, implications it would have on us. The video below does an amazing job of clearly explaining the events that lead up to and the culprits responsible for the mess. Hopefully our leadership succeeds in rescuing the economy from this disaster and prevents anything of this magnitude from happening again.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.