What do all these terms mean and what roles do they play in the financial crisis?
Sub-prime mortgages, collateralized debt obligations, frozen credit markets and credit default swaps.
It may be a year or two ago but if you had not known what exactly it was and how it happened, this video is great at explaining that.
We could all learn from it.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
The Short and Simple Story of the Credit Crisis.
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.
For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com.
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© Copyright 2009 Jonathan Jarvis