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Main Area and Open Discussion => Living Room => Topic started by: nudone on April 10, 2009, 04:09 AM

Title: crisis of credit visualized by Jonathan Jarvis
Post by: nudone on April 10, 2009, 04:09 AM
Jonathan Jarvis has made a simple to understand video about the credit crunch. (i've ignored all the ones that have been on TV so maybe this is overkill for some of you that are sick to death of these things).

watch it, then you'll be able to transcend your confusion about this mess and simply start being incredibly angry instead.

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http://www.crisisofcredit.com/

edit:
here's a more interesting link with background to the video: http://jonathanjarvis.com/crisis-of-credit
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: bgd77 on April 10, 2009, 05:58 AM
This is very interesting. Thank you!

Here is an Audio Slideshow from BBC, that presents approximately the same facts:
http://news.bbc.co.uk/2/hi/business/7688308.stm

And a little financial crisis "dictionary":  :)
http://news.bbc.co.uk/2/hi/uk_news/magazine/7642138.stm
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: mouser on April 10, 2009, 11:09 AM
watch it, then you'll be able to transcend your confusion about this mess and simply start being incredibly angry instead.

what about those of us who are already well into being incredibly angry?
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: nudone on April 10, 2009, 11:15 AM
what about those of us who are already well into being incredibly angry?

erm, you'll just have to wait for the rest of us to catch up. hopefully someone will then make a video about how not to be angry. that's the best i can offer.
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: 40hz on April 10, 2009, 11:47 AM
watch it, then you'll be able to transcend your confusion about this mess and simply start being incredibly angry instead.

what about those of us who are already well into being incredibly angry?

I suggest you pick up a copy of Filthy McNasty's bestseller How I Became Totally Postal in My Spare Time - and So Can You!. ;D

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Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: PhilB66 on April 10, 2009, 08:34 PM
what about those of us who are already well into being incredibly angry?

Many are already... see nationwide protest (http://anewwayforward.org/demonstrations/). Planned Demonstrations by State here (http://anewwayforward.org/demonstrations/rally-list.php)
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: mouser on April 10, 2009, 09:37 PM
The one thing about the above video is that i don't think it quite does justice to the nefariousness of the big financial institutions.

This recent interview from Bill Moyers show which i think is also very useful for understanding what happens and what's still going on.

The interview is with William Black, the former Director of the Institute for Fraud Prevention:

http://www.pbs.org/moyers/journal/04032009/watch.html

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 (http://www.pbs.org/moyers/journal/04032009/watch.html)
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: kartal on April 10, 2009, 11:16 PM
I think that the people who borrowed money from those institutions to buy houses bare responsibility  for the mess we are in. It is not just those greedy bankers, decent people got greedy as well.
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: nudone on April 11, 2009, 03:13 AM
nice video, mouser. not a lot you can say after that.

personally, i'm just looking forward to the next documentary film that Adam Curtis will (surely) make about the whole mess.

here's a quick clip he did for Charlie Brooker's Screenwipe in 2007 (if anyone is curious).

http://video.google.com/videoplay?docid=7889586355561291332


but, really, you should watch these, i think they provide a nice (opionated) history of how we got to where we are today:

The Trap: What Happend to Our Dreams of Freedom (2007)
The Power of Nightmares: The Rise of the Politics of Fear (2004)
The Century of the Self (2002)
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: PhilB66 on April 29, 2009, 09:44 PM
Check out Jess Bachman's A Visual Guide to the Financial Crisis (http://www.wallstats.com/blog/a-visual-guide-to-the-financial-crisis/)

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... and Golden Parachutes: How the Bankers Went Down (http://www.mint.com/blog/finance-core/golden-parachutes-how-the-bankers-went-down/)

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Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: tomos on October 10, 2010, 02:16 PM
much later...

RSA Animate - Crises of Capitalism (http://www.youtube.com/watch?v=qOP2V_np2c0)

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an interesting description of the crisis from a different perspective.
Great animation too  :)
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: nudone on October 10, 2010, 04:12 PM
wow. that's a pretty amazing clip. i'm going to send that a few people right away.
Title: Re: crisis of credit visualized by Jonathan Jarvis
Post by: Renegade on October 10, 2010, 05:09 PM
Excellent video!

Absolutely worth watching. Informative and very entertaining at the same time.