Crisis of Credit Explained in Animated Infographics

March 9 2009, 4:55am

This video (below) explains how we got into this credit crisis. It's a lot of greedy business folk who borrow, borrow, and then borrow more money. Why do they borrow the money? How do they make money by borrowing money? Watch the animated infographics for an explanation:

I'm sure the causes of the financial mess are more complex than the video makes out, but oh well, green happens to be my favorite color. Besides, it'd take much longer to explain everything. Crisis of Credit is part of Jonathan Jarvis' thesis work in media design. [via infosthetics | Thanks, Max, Lily, and everyone else]