Savings & (Mis)Trust: A Credit Crisis XPLANATiON
xplanevisualthinking asked:
A four minute animated movie that clearly explains the flawed subprime mortgage lending practices that fueled the current economic crisis in the United States.takes Starting in 2000 and ending in current day, it details the role that home buyers, mortgage lenders, banks, financial institutions and ultimately asset backed securities played. The production was created by XPLANEs renowned information design team using Cintiq technology by Wacom to allow for live and still animation, and voiceover.
Presented by Credit Card Online Approval Staff - Credit Card Online Approval
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Nice vid. Thanks for sharing.
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MSG me on MSN. ID is in my profile. lets do something tonight! I
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(: ǝɯ ǝƃɐssǝɯ puɐ ןǝuuɐɥɔ ʎɯ oʇ ǝqıɹɔsqns ‘sıɥʇ op oʇ ʍoɥ ʍouʞ oʇ ʇuɐʍ noʎ ɟı
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Can someone traslate this to spanish? Thabnks you!
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There are two big pieces of this missing: The investment market that drove demand for mortgage backed securities that lead to the lowering of lending standards and the deregulation of the derivatives market that really put the banks in a bind, led to an unheard of level of speculation that amplified the mortgage crisis beyond anyones worst nightmares.