More Money Blog

I was browsing around on the Internet the other day and stumbled upon this really neat video. It’s called “The Crisis of Credit Visualized” and it is a neat animation/video about how we got into the credit crisis. The thing I like most about this video is that it doesn’t try to blame everything on a certain group of people or a certain institution. It is very fair and thoroughly explains a lot of complicated things. It talks about leverage, CDOs, credit default swaps, investment ratings, and a lot more. Check it out below or at CrisisofCredit.com.