This is a really good video explaining the financial crisis in a pretty simple manner. The video explains credit default obligations (CDOs), sub-prime lending, leverage, low interest rates: and how they caused the worst economic crisis since the great depression.
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.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
