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Visualization of the Crisis of Credit

March 3, 2009

Johnathon Jarvis a Media Design student at the Art Center College of Design in Pasadena, California has created a brilliant overview of the credit crisis in the United States.

Watch it here

It is a great overview for anyone coming into the realm of impossible credit without knowing exactly why you can’t take out that loan, or why there are diminishing job opportunities.

Take a few minutes to watch it. It won’t save your life, but you’ll know why your sinking.

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2 Comments leave one →
  1. March 3, 2009 7:18 PM

    I would like to float a proposal for an economic stimulus plan past you for your consideration. The basics of the idea are in an article at http://tinyurl.com/dknr3c . Please review this article and let me know what you think. This will be the basis for a more in depth paper on the concept.

    Thank you for assisting with this project.

    Robert K. Minniti, CPA, CFE, Cr.FA, CFF, MBA

    • March 4, 2009 9:27 AM

      I’ve placed a comment on your article. I feel that you’re idea is very well laid out; however overestimates the average American’s desire to spend. It also seems to ignore the ‘risky mortgages’ that will not qualify for refinancing and will be going into foreclosure in the upcoming years.

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