Global Financial Crisis Explained
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Uploaded by worldinformant on Aug 23, 2010
The Short and Simple Story of the Credit Crisis.
By Jonathan Jarvis.
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. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California.
For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com
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Top Comments
All Comments (193)
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and all the rappers and superstars live worry free
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greedy and explotation doesnt pay
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what software did you use? can anyone please tell me? it's aswome explaination.
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@ItchyClickfinger You have wrongly assumed that the value of things remains constant.
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@N330AA actually the opposite is true ! If money is a system for quantifying the value of things then why are things constantly rising in price but yet their "Value" remains the same . try thinking about what money really is !
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@ranged2hard Europe lend from US, making us "home owners"
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@boldswede Human nature is the root of all evil. Money is just a system for quantifying the value of things - it's innocent.
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Very well explained, thank you.
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moral of the story is.............money is the root of all evil. I'm not religious but it's actually true. The system won't change so get as rich as you can and survive. PEACE.
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Excellent video. My only criticism is the fact that it doesn't mention the government's role in inflating the housing bubble by legally requiring banks to lend a certain percentage of mortgages to risky borrowers in an attempt to promote universal home ownership. It was a combination of foolishly defining homeownership as a right (hence, denying anybody a mortgage due to poor credit is a human rights violation) along with the misguided fiction that home values only ever go up (they go down too!)
jadedmastermind 4 weeks ago 4
it is time to use GOLD and SILVER in our life.
godinez35 1 month ago