As part of his thesis work in the Media Design Program at the Art Center College of Design in Pasadena Jonathan Jarvis created series of animated shorts that present a visualization of the Crisis of Credit to help explain our current economic situation.
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.
via Andre Torrez
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{ 9 comments… read them below or add one }
Finally, someone that puts it ALL in perspective. This is a pretty good video.
Brilliantly executed video!
a great visualization of the economics behind the mess, but nobody’s questioning why americans are all led to believe that the key to upward mobility and happiness and success in life is to own your own home with a car and garage. we’ve all been brainwashed into thinking that the “american dream” is to live at the end of a safe cul de sac, in an unnecessarily large house that looks exactly like the next one, with neighbors of similar economic standing, with yards that are to be impeccably manicured. who out there is responsible for determining what is “normal” and what we’re all supposed to be striving towards?
great video
wish the impact of the credit default swaps was explained – seems that the cds were a pivotal part of the problem
Very interesting video, though it does of necessity seem to simplify a good deal. Still, a quality introduction to the problem…
Great Video…
Doesn’t really vilify anyone else but the sub prime buyers though. But maybe now controls will make more sense to people. Greed is ok as long as it doesn’t “kill the body economic”.
very good video explaining the credit and crises, but there is one missing link to all of this. Where did AIG co. fit into all of this mess? The’re the ones who insured the CDO’s….
Agreed — this video would be great if it didn’t make the sub-prime buyers out to be uniformly disgusting villains — fat smokers with extra babies? I’m sure some of those borrowers fit that description, but others were simply relying on the financial advice of their brokers — probably the closest thing to an expert they have access to. A person can be ignorant about finances without being a slob. …
… Also, couples can be of the same sex, and big money people can wear dresses, too.
SMOKERS. THEY RUIN EVERYTHING.