The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
This excellent visualization is by Jonathan Jarvis from his thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. Jarvis lays out the complex mess that is our economic meltdown in a very straightforward, understandable, and well designed manner. Well worth the time to watch this piece.
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February 23rd, 2009 at 10:36 pm
[...] Original post: Credit Crisis Visualization | schneiderism [...]
February 24th, 2009 at 8:12 am
That was pure awesomeness. Makes it easy to understand, keeps things simple, yet doesn’t shortchange the actual complexity of the situation.
Clearly you can’t put everything in there, but the only thing I could see missing was the widespread massive fraudulent ratings scams. Selling the bottom box of the CDOs as AAA same as the top box instead of what it really was, junk. Keep that junk rating in place and people might not have got themselves so deeply into subprime. Of course, subprime was no more than the canary in the coal mine, but still…
February 24th, 2009 at 11:37 am
So you enjoyed it.. ;)
February 24th, 2009 at 12:24 pm
Hood,
Definitely. An excellent visualization of an immensely complex situation. Thanks for the tip!
John