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 the thesis work of a graduate student named Jonathan Jarvis at the Art Center College of Design in Pasadena, California.
This is an amazing piece of work that brings some clarity to the current financial crisis. The one piece Jonathan misses, which is crucial, is the regulatory framework in the US which allowed this craziness to happen. Everywhere else in the world, this amount of leverage was strictly illegal. Right at the end of the Clinton second term, legislation was passed which made this legal and completely unregulated. What is even more amazing, the architects of this global fiasco are now on the economic team of Obama's administration. For more details on the historical context, click this link to read more.
Watch the video...it will blow you away:
Sunday, February 22, 2009
The Crisis of Credit Visualized - Part 2
This is the last bit of the above video...it ties it all together.
Sunday, February 15, 2009
A Long Time Away
Well there is no excuse for not posting on this blog for over 7 months!!! So rather then publicly berate myself, I want to present my daughter India's Valentine Song to the World. It is aptly called "I Love You So":
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