The Crisis of Credit - Visual Explanation

Posted by: web_admin in Real Estate

web_admin

Hi everyone,

A very smart explanation of the current credit crisis from Jonathan Jarvis.

In brief:  How the big guys become bigger and the ones  small smaller. 

Enjoy!

 

 

 

 [video:http://www.vimeo.com/3261363 600x400]

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It's awful
ILFLS Admin
Hmm... the rich getting more rich / the poor >>> poorer

smilies/wink.gifsmilies/angry.gif
ILFLS Admin , March 02, 2009 | url
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0
Why wonder? Who's got the money wants to invest them. And there are plenty of people still dreaming about a single family home with 10 rooms and 100% financing on 5% and not such a great credit score.
Patrick Silver , February 27, 2009
Tricky game. How they did it?
0
I'm wondering for how long this game will continue. Money from nothing. I'd like to see what's next...smilies/angry.gif
Bob Trenchot , February 26, 2009

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