Diary

An outstanding video explaining the credit crisis

Cross posted to The Political Class.

This is extremely well done, both in terms of the information conveyed (even I can understand it) and production quality, as well. It doesn’t go into assigning blame – no references to CRA, Fannie, or Freddie, etc., but it gives a great insight into the underlying markets at work.

You can watch a large screen HD version in QuickTime here.

Cross posted to The Political Class.