crisis of credit

11 05 2009



for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again.
~ Socrates (469 BC – 399 BC)

I like a lot of people i know am really struggling to understand what is going on in the financial world today in an effort to know where it is going.  I am not getting there too quickly to be honest but i thought that this was a nice little visualization that i shared with our Economics teachers:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.


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