Andrew Sullivan posted this earlier today, and it’s a really well-done video that provides a simple and well-explained visualization of how the credit market came to be so over-extended. Worth watching if you’ve been wondering what exactly led us to where we are in our economic market.
http://vimeo.com/moogaloop.swf?clip_id=3261363&server=vimeo.com&show_title=1&show_byline=1&show_portrait=0&color=&fullscreen=1
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Update: It appears as though this video actually has it’s own website. (via @danielbachhuber)