For those of you still unclear why the world economy has come into such a sorry state (credit crisis), you may want to watch this to get a clearer understanding of how the Financial Crisis comes about. Take about 10 mins only. Worth viewing!
This is an animation cleverly explains how financial crisis came about sub-prime and what after the explosion.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Friday, February 27, 2009
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