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The Crisis of Credit Visualized

Submitted by BlueEagle on Sun, 02/22/2009 - 14:56
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The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

http://vimeo.com/3261363

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no

Submitted by yonemoto on Mon, 02/23/2009 - 06:32.

he mentions the FED. Could have mentioned it louder, but it's there.

He should mention that it's a fact that housing must always be demand-driven (not supply-driven). And therefore any deviation in the median housing price : median income level must return to whence it came.

So all the actuarial calculations based on perpetually increasing housing prices also necessarily had to go away.

And finally, default on the debt (by any agent besides the government) is fundamentally deflationary - so all these defaults lead to a spell of deflation. Didn't mention that.

thanks for posting

Submitted by MMJ Ministry on Mon, 02/23/2009 - 06:18.

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“A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement” - Thomas Jefferson

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“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with.” Ron Paul

Must be an Obama administration animation.

Submitted by McClarinJ on Sun, 02/22/2009 - 15:27.

They were careful not to mention any government of Federal Reserve culpability.

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New Hampshire and Ecuador

Too simple

Submitted by Fedor on Sun, 02/22/2009 - 15:10.

People are not simply walking away from their homes because "bad" Americans bought houses that were too big and drove prices down.. The entire world economy is shrinking. People are losing their jobs and many are watching their income fall every day.They are being told this will last for YEARS. This situation starts with the Federal Reserve and the US government. There are very few jobs left in America. Blaming American homeowners is pathetic.

Think you may have

Submitted by quiltingsando on Sun, 02/22/2009 - 15:39.

some thing here. I wonder how he could have stressed your point?

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Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.