Anyone even marginally intelligent can finally understand the the basics of the credit crisis and the esoteric financial terms being bandied about these days, like sub-prime mortgages, CDO’s and Credit Default Swaps with this brilliantly simple animation by Jonathan Jarvis. Hopefully if enough people understand how the economy got into the toilet we’ll see the train coming at us the next time around.

Films, Random Credit Crisis, Credit Default Swaps, Economy, Jonathan Jarvis, sub-prime lenders, sub-prime mortgages