2009
07.04

A recent poster to BiB asked me to write something up about the current “financial crisis”. Intrigued by his suggestion, I’ve began an outline of ideas that may very well turn into a post here. Stayed tuned…

A challenge to having meaningful discussion around this topic is that what actually happened vs. what is generally reported to have happened are two very different things – finance is complex and interwoven, and it takes some skill to find the straw in the needle stack.

And thus, I present to you a video that describes current banking, home ownership, and credit problems we are facing. Take the time and watch this a few times – it really needs to sink in well.

 


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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  1. [...] but when time is short, living life is more important then writing about it. Did you take a peek at my last post? You did? Yea, bullshit. Go watch the damn video – there will be a quiz. Next time, review [...]