Friday, March 27, 2009

Credit Crisis Explained

Are you still a little hazy on how Citizens Bank and the rest of the country's financial institutions got us into such a mess? Are you wondering why the so-called "best and the brightest" who made horrible decisions are now demanding bonuses? I highly recommend watching The Crisis of Credit Visualized by designer Jonathan Jarvis. It "distills the economic crisis into a short and simple story by giving it form. It is also argues that designers have the ability to see a complex situation, then turn around and communicate it to others. By giving graphic form to the credit crisis, it becomes comprehensible. Not only do economic activities take shape, but new relationships can emerge between these shapes."

It's about 11 minutes and you'll be glad you watched it. View it below or click here.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

1 comment:

  1. I like the way the irresponsible mortgage holders are shown with burning cigarettes hanging out of their mouths...This IS a really good explanatory aid - thanks for posting it.


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