Credit Crisis Visualised

When I first moved to America in 1998, I remember the concept of having credit being very foreign to my family. My father couldn’t understand why it was so difficult for him to lease a vehicle having no credit. In the UK and Europe having no credit was a good thing. I guess the U.S. just had to learn their lesson a little too late. I found the following video to be very informative in explaining the credit crisis in a visually stimulating fashion. (great video production).

The Crisis of Credit Visualized – Part 1

The Crisis of Credit Visualized – Part 2

thoughts

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