Financial Crisis For Dummies

by digby

In my ongoing quest to find ways to explain the current situation, I thought I’d pass this little instructional video along for those who might have friends or family who could benefit from a basic primer. It’s not perfect, but it’s imperfections (particularly about the CDSs)aren’t fatal.

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 my website here

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

h/t to Tom Schaller