May 01
Have you wondered what this whole “credit crisis” is about?
There are a lot of buzzwords that have been used, but not a lot of real, down-to-earth explanation of how it works.
This breaks it down for you:
http://www.dailymotion.com/videox8gfqsProps to Kraig Ward to turning me on to this.
May 1st, 2009 at 9:45 pm
That was fascinating; I had a vague idea about what was going on, but this is a great explanation. I plan on watching it a couple more times, since sometimes this kind of stuff just sails right over my head, but he breaks this down so that anybody can understand.
May 1st, 2009 at 10:56 pm
Wow, this video is great! It really explains the credit crisis well to confused people like me
May 2nd, 2009 at 8:14 pm
Credit crisis is nothing but the wrong assessment of their own financial position of each individual leading to the country’s financial instability. Hence it is the duty of every one of us to be more careful while financial planning.
May 2nd, 2009 at 10:00 pm
I used to worship Greenspan for his legacy of righting the economic maladies from 1987 to 2006. Twice Greenspan turned around the economy after the stock market crash in 1987 and once more after the dotcom bust in 2001.
But now I’m not so sure. He totally underestimated the potential devastating effect of the subprime mortgage on our economy.
May 3rd, 2009 at 5:43 am
Nice video explaining the credit crisis to get a clear idea for people to know more about it.Thanks for sharing this information.
May 3rd, 2009 at 8:49 am
Its really good effort to help the other people who are new in this arena.
May 3rd, 2009 at 9:34 am
Absolutely fantastic video!!! This will explain a lot of things.
May 3rd, 2009 at 11:23 pm
I think the credit crisis and the current economy is the effect of big business doing whatever it wants to do. Unfortunately the government feels that it needs to bailout the private sector. If we screw up on our bills will the government fix it for us?
May 4th, 2009 at 9:27 pm
I was unsure of the term at first. I heard alot of people throwing it up in the air, but now I understand and plan to watch the video a few more times and share with some contacts. Thanks for the info!
May 5th, 2009 at 6:38 am
A real informative blog post on credit crisis, I searched lot of stuff on google regarding credit crisis, but this is much better then any other matter I searched.
May 5th, 2009 at 8:41 am
Great explaination….yes as rightly said every body is affected by this credit crunch…It was a video which is greatly deisgned to undersand what is exactly going on in the economy
May 5th, 2009 at 6:45 pm
Excellent video, one of the best concise explanations I’ve heard yet. The only thing that I’d probably add is an explanation of how Credit Default Swaps make the whole thing even more interconnected.
May 6th, 2009 at 10:21 am
This is great! Some people really get confused with all the lingo going around with the current economical situation, I think this will really clear up some confusion!
May 7th, 2009 at 6:32 am
Thanks. Good video it rightly defines credit crisis in its true sense and it has created an impact globally. Make the most of it from this video and be more knowledgeable.
May 7th, 2009 at 4:13 pm
Wow, that video explained things so clearly! Now I understand why people were and are so angry at the stupid choices these people made. Greed is an ugly thing…
May 10th, 2009 at 1:49 am
Great Information you provided through this blog post. I learnt a good information from this site. Thank very much for providing such great information.
May 10th, 2009 at 5:36 am
Great video!!!!Yes, I share the opinion in the video, definitely true.
May 15th, 2009 at 7:11 am
Excellent and Truly informative video i have ever seen.I think, common people are not responsible for credit crisis but they are most affected by sacrificing their jobs.I am really surprised how these so called ‘trustworthy rating agencies’ still working ?
May 16th, 2009 at 7:11 am
You have very intelligently described the credit crisis with the help of a video. It really works for those who are not willing to read out the whole article about credit crisis.
Thanks.
May 16th, 2009 at 8:50 am
Now it’s easier to understand what went wrong… I hope the crisis ends soon.
Thank you for the video!
May 18th, 2009 at 4:38 am
Saw it earlier on youtube, very interesting video. Explains the whole credit crisis situation very perfectly. The current global recession is relies mainly on this concept. Financial planning must definitely be done very thoughtfully by everyone now.
May 18th, 2009 at 3:11 pm
Greenspan called the increase in spending and investment as “Irrational Exuberance”. Should have said it more clearly that we were borrowing too much and if one of us ended up defaulting we’d be in trouble. Nice video, I have seen it before in my Economics class.
May 22nd, 2009 at 4:05 am
Every one knows about credit crisis but no one can explain it. Even i too a member who can not explain. Now i can by seeing this video. We can learn lot things from this video. I think nothing can give you such a explanation about credit crisis.
May 23rd, 2009 at 12:36 pm
I think this is great to explain all this financial mess to many of us who can not understand. I let my teenagers watch this video and they have a better understanding of what is going on. Thanks!!
May 27th, 2009 at 1:20 pm
Congratulation on finding that piece. It was easy as a piece of cake. Finally I can understand whats going on. Thanks you very much
June 4th, 2009 at 3:48 am
It is good that someone can explain what has been going on simply and clearly – it is all getting so complex and out of control now, it is hard to understand what is going on. I hope there is light at the end of the tunnel soon…
June 11th, 2009 at 3:23 am
this is an interesting one where i gained a lot of information regarding the credit crisis pattern. now,those who view this defenetely gain a lot of knowledge like me.thanks for a nice blog presented by you
June 12th, 2009 at 10:55 am
I think is is probably one of the best videos I’ve seen explaining the credit crisis. It’s easy, simple, and enjoyable to watch, and I hope more people get a chance to look at it.
June 16th, 2009 at 9:47 pm
Amazing!This video really helped me knowing much more about the credit crisis.I\’ll surely ask my friends to visit the blog & to watch the video at least once as I believe they would also love it.
Thanks
June 22nd, 2009 at 10:23 am
Very interesting video about credite crisis. Good video, because everyone can understand it.
June 28th, 2009 at 9:40 pm
By seeing this blog i have got lot of information and by seeing video its so attractive.thanks for giving this blog.
June 29th, 2009 at 9:41 am
love the infographics. very nice style of animation. and it\’s a really thorough version of the explanation for what happened!