Flint Expatriates: Credit Crisis Explained

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:

redgirlMarch 27, 2009 at 9:45 AM
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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Thanks for commenting. I moderate comments, so it may take a while for your comment to appear. You might enjoy my book about Flint called "Teardown: Memoir of a Vanishing City," a Michigan Notable Book for 2014 and a finalist for the 33rd Annual Northern California Book Award for Creative NonFiction. Filmmaker Michael Moore described Teardown as "a brilliant chronicle of the Mad Maxization of a once-great American city." More information about Teardown is available at www.teardownbook.com.

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