I was listening to a popular NY radio show on satellite radio called Opie and Anthony. During one of their shows, they had one of their regulars on…Louis CK…a very funny writer and comedian. They were talking about politics and the credit crisis came up. During the conversation, they were discussing how uninformed most people are on how we got into the economic state we are currently in. Louis mentioned how took time and spent a few minutes looking into how this happened so he himself could understand. I work for a life insurance company, so I had a good understanding, but wanted to find something that I could share with friends and family that would offer a simple explanation. During my search, I came across a very informative and simple explanation of how we got into the economic mess we are in now. My favorite part is how the creator depicts sub-prime mortgages (hilarious). Enjoy and hope anyone who sees this finds it helpful.
[...] Excerpt from:The Credit Crisis Visualized « The Chronicles [...]
Nice post! Keep it real.I have looked over your blog a few times and I love it.