A Visual Explanation of the Current Credit Crisis

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Yea went to show my fiance and the DNS is pointing at 127.0.0.1 (which is localhost). So either someone hacked his DNS or he made a DNS mistake updating the records.
 
Here's the YouTube version. Part 1 and part 2.

[ame=http://www.youtube.com/watch?v=Q0zEXdDO5JU]YouTube - The Crisis of Credit Visualized - Part 1[/ame]

[ame="http://www.youtube.com/watch?v=iYhDkZjKBEw&feature=related"]YouTube - The Crisis of Credit Visualized - Part 2[/ame]
 
Nice explanation of how greed compelled so many to take shortcuts to acquire "money on paper" (or loaded balance sheets). They all got drunk on money that never really existed, and when it went south stock market investors who weren't participating got fucked in the ass along with them. (The stock market sham is a whole other can of worms.)

I'm more than happy to watch the parties involved in creating the mess go down with it. Unfortunately, before the end, us responsible types will get drug down with them.
 
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