Showing posts from February, 2009

What is the Credit Crisis ?

All the jargon around the credit crisis has had my head spinning over the last 4 months or so and then I watched this video which explains in plain English and very nice graphics what the crisis really is. After watching this video you get to understand why the huge bailouts that the US Government is giving is just not working. I'll let the video do the rest of the talking. Crisis of credit visualized - Part 1   Crisis of credit visualized - Part 2