The Small and Simple Tale of the Credit Crisis.
By Jonathan Jarvis.
Crisisofcredit.com
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California.
For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com
Or email me at jonathan.jarvis@gmail.com
Support the project! Buy a T-Shirt!
cafepress.com/crisisofcredit
Duration : 0:7:32
[youtube Q0zEXdDO5JU]
lmao very amusing .. …
lmao very amusing … but…. educative as long as there are ignorant people out there other people will continue making more and more… “smart people” .. rich gets richer .. and poor gets poorest…..
the rich needs poor people with needs. and the poor need rich for there’s needs.
everybody are slaves of the system… what system goverment system..
thank you 4 your time!
what kind of …
what kind of animation software did u use for this… any thoughts on softwares that are simple to use for making animation??? Help!
Thx
Eh the Illuminati …
Eh the Illuminati aka elite bluebloods like Al Gore, Al Pike, Windsors, Kennedys, Rothschilds etc are setting up a fascist world government. They’ll probably start WW3, force-vaccinate MANY in Fall, introduce internet 2, implement Codex Alimentarius and stage an alien invasion to get us microchipped, so resist! Support FreemanTV, Oracle Broadcasting, Dr. Deagle and Project Camelot!
*credit crunch
*credit crunch
I like this, thanks …
I like this, thanks for the video!!!!!!!!!!
Your leaving out …
Your leaving out the banking institutions ability to make money out of nothing. It boils down to the Federal Reserve lowering its intrest rates to discourage all investors from taking treasury bills from THEM. Perpetuating a worthless economic system to which is ultimately doomed. The Fed does this to gain power over the system and dictate actions of the political system. The private federal reserve is the root of the economic problem.
The only person you …
The only person you should be making rich in the long term is yourself. If to achieve this you make others rich then that is fine. Just make sure you cover yourself. Excellent for you. I say save as much as you can and use rewards with credit cards. Spending money and not getting a rebate is retarded.
Well done, Jonathan …
Well done, Jonathan Jarvis!
I’ve cut way back on consumption and am paying down all my lines of credit, starting with the highest interest rate obligations first. Oddly, my monthly net worth seems to be creeping up quicker these days. I’m no longer working for the bank.
This video was a …
This video was a fantastic look at the basics of this whole mess we are in. I’m blown away at how clearly everything was described. It is a testament that if you can teach economics to someone who doesn’t know anything about it, then you truly know it.
I would add the reason that the sub-prime loans were made to start with wasn’t out of free choice of the banks. The federal government forced them into it and provided (largely) Fannie Mae and Freddie Mac to sell these “securities” to.
A key point to what …
A key point to what allowed all of this financial leveraging to happen is how Wall Street gamed the system by convincing the rating agencies to give AAA ratings to bonds that should have never been rated at all.
Why do thieves rob banks?… because that’s where the money is!!
Wall Street has made alot of money peddling these mortgage-backed securities all over the world and now they are ready to bottom feed with their ill-gotten gain once prices drop.
We watched this in …
Very nice.
We watched this in our Economics class.
Eh the Illuminati …
Eh the Illuminati is run by reptilian kin known as jinn, naga, demons, vampires, bluebloods, Al Gore, Al Gore, Windsors, Rothschilds etc who rule the core of Freemasonry that do vile sex & torture rituals. They`ll probably start WW3, go to internet 2, force-vaccinate many in Fall and have a staged alien invasion to get a fascist world government with you microchipped, so resist! Support FreemanTV, Stewart Swerdlow, Alex Jones, Dr. Deagle and Project Camelot!
fantastic arguments… …
fantastic arguments… your logic is the best einstein
you’re stupied…
you’re stupied…
i like how the …
i like how the internet turns everyone into a ing expert. this video did a very job of providing a very SIMPLIFIED explanation to an extremely complicated problem. of course, our economy could be so luck as to be run by the PhDs in this comments section. if you reckon this video sucks, why don’t you produce and distribute your own under 10 minute video explanation.
Some investors …
Some investors borrow their money. Some investors use other people’s money. There are many different ways investor’s get their money. I don’t know why you’re saying the video was superficial he only had 7 min. They did a fantastic job!
nicely done but …
nicely done but totaly superficial, lacking the explanation of:
- on which basis (reserve) can the fed provide treasury bills
- where the “investors” got their money from in the first place.
Democrat and …
Democrat and Republican are the same. Ever notice how they SAY they are doing something different, but the status quo (rich get richer poor get poorer) never changes? They just have different thoughts on how to get money and power. Its just an illusion that we have a choice. People should worry more about who is in the Senate and House and the courts, since THESE people make the laws. The pres is a PUPPET for the Bankers who own the world.
world just needs to …
world just needs to get smarter and sexier baby
rolf 7:20
rolf 7:20
yeh, the loose …
yeh, the loose credit thing is absurd. When I was a teenager in the 1970s, in college, I had about as much chance of a bank giving me a credit card as finding plutonium as a prize in my cracker jacks box. It too me till I was 24, had been working for 4 years and finally got one
How many banks do …
How many banks do you see go bankrupt?
they still make huge amounts of profit
this video is just stupied and incorrect…
a down payment is …
a down payment is the first major payment you place on something to buy it. Lets say i want this car, the car company says, ok but give me 5,000$ first and then i’ll give you it + you keep paying your monthly payments.
whoever told you …
whoever told you that is quite a proper moron.
I can’t stand dead …
I can’t stand dead beat people, and our country is becoming loaded with them. Whats even worse, is they are all Democrats!