The Credit Crisis

Just found this video clip created by Jonathan Jarvis called "The Crisis of Credit Visualized."

We've discussed the roots of the current state of our economy in the "Fundamentals of Investing" class I'm taking at City College, but it's nice to have a concise explanation I can share with family and friends via the internet.

If only there was a concise video to explain how we get out of this predicament, unfortunately it will not be that simple.

I'm sure that I'll blog about my financial state in the not-too-distant future, which will be good because my financial goals have yet to be officially documented.

...And they will remain undocumented...for now. It is about 5:30 and I want to swing by the store before I head home for the day.

Enjoy the video!