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The Credit Crisis Visualized (Video 11 minutes)

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February 21, 2009 – Comments (8) | RELATED TICKERS: C , BAC , WFC

The Short and Simple Story of the Credit Crisis.

Crisisofcredit.com

The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

8 Comments – Post Your Own

#1) On February 21, 2009 at 7:19 AM, abitare (87.76) wrote:

FYI - Some other related videos:

Slycapital has a good take too:

White House goes after Rick Santelli February 20, 2009

White House Press Secretary Robert Gibbs held little back when responding to a question by CBS News’ Chip Reid about CNBC reporter Rick Santelli’s rant about the housing bill from the floor of the Chicago Board of Trade Thursday. 

“I also think that it’s tremendously important that for people who rant on cable television – to be responsible and understand what it is they’re talking about. I feel assured that Mr. Santelli doesn’t know what he’s talking about,” Gibbs said during the daily White House briefing for reporters, CBS News’ Mark Knoller reports. 

You can feel assured all you want Mr Gibbs. Anyone who has done any research or has the ability to follow the simplest logic knows that Santelli is speaking the truth. 

You on the other hand are a paid spokesman (liar?) for an administration which obviously has no plan beyond feel good speeches.

Here is the Santelli video:

 

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#2) On February 21, 2009 at 7:48 AM, abitare (87.76) wrote:

Kind of funny:

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#3) On February 21, 2009 at 1:37 PM, jesusfreakinco (28.91) wrote:

Rick Santelli rocks and it about the only decent CNBC analyst out there. 

Excellent set of videos.

JFC

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#4) On February 21, 2009 at 3:26 PM, abitare (87.76) wrote:

FYI- Obama's economic advisor Larry Summers, referenced by Santelli

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#5) On February 21, 2009 at 3:39 PM, abitare (87.76) wrote:

FYI - Barney Frank getting grilled by Bill O'Reilly

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#6) On February 21, 2009 at 3:42 PM, abitare (87.76) wrote:

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

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#7) On February 21, 2009 at 3:47 PM, abitare (87.76) wrote:

This one is decent also:

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#8) On February 21, 2009 at 10:59 PM, SuperPicks (29.04) wrote:

Wow great finds.  Alot of these videos have great content but then stop short when they align themselves to go behind one of the two political parties that have perpetually done the same thing for decades.

Both blame the other, and both cause the same problems, and both come to power over the other's screwups. -this compelled me just now to put up the blog post I just did.  One of my favourite pieces of writing. 

The common problem across all individuals at risk, economies in downtrun, and governments near collapse is debt.  Its a cruel world when the world's central banks completely destroyed competition on currency creation & wield this monopolistic power to accomplish anything at will. 

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