Well, how exactly did the credit crisis go down? How did the entire system implode?

Fortunately, in fine motion graphic style, Jonathan Jarvis was nice enough to outline the situation in a digestable way.

You can learn more about the project here.

A little more about the project and the Jarvis’s work:
“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 jdjarvis.com.”

Thanks for the link Joyengine.

written by Christopher | tags: , , ,

2 Responses to “Crisis of Credit”

  1. M in Portland Says:

    Good show, but it should also contain the Federal Govt’s role in pressuring banks to lend to marginally qualified people so more could share in the American dream. Nightmare time.

  2. assistance for single mothers Says:

    Sorry, hon, but there’s no such thing. I am very sorry for your situation and I hope it gets greater for you personally, but owning your own property is a very real luxury that takes loads of years of hard work for the average American to capable to afford. If it was so straightforward for every single minimal earnings American down on their luck to suddenly become a home owner by telling the government," I require cash to obtain new home, give it to me,", then there wouldn’t be any such thing as a renter and governing administration housing can be obsolete. Who doesn’t want to own a home of their own as opposed to the alternative? I wanted to for years and eventually got my wish a little under a year in the past. It took a lengthy time and whole lot of many years of saving and building credit. I am sorry from the event you are unable attempt the same at this time, but nobody ever said life on disability and governing administration assistance meant the "very good life"! Who would be working hard for anything if it did? There’s no magical residence fairy that waves a magic wand and gives you the dollars for your dream home. Do you really think the taxpayers, several of whom can’t even afford to buy homes themselves are going spend your mortgage loan, utilities, taxes, insurance coverage, upkeep, and repairs? That all comes at a big expense and $840 a month won’t do the trick. As a previous poster said, should you can’t even afford to rent a place without support, why do you think you’ll be able afford to own a residence? They’re very expensive not just to buy but maintain. I understand your desire for your own property, but you’ve to become realistic to what it is possible to afford. I hope someday soon your situation allows to suit your needs to acquire what you want. Best of luck.

Leave a Reply