Video Explaining the Subprime Mortgage Time-Bomb

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

A short animation explaining the system of borrowing and lending that led to the current financial meltdown:

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.

Created by Jonathan Jarvis.

Narration by John Levoff.

Music by Brandon Au - a.k.a - DJ Skwint

Update: Useful links for the global economic meltdown.

 A Great Recession Guide - a mini-guide to the lighter side of the current, prolonged recession.

Google Tip Jar - a collection of money saving tips submitted and ranked by the web community.