The Credit Crunch Explained

November 22nd, 2007

Kirsten at the Simple Pound found an animation on FT.com which explains why the current “credit crunch” has occured.

View the animation.

I love these sorts of things - they can make understanding a complex problem much simpler.

Categories: Credit, Mortgages

2 Comments on “The Credit Crunch Explained”

The Sub-Prime Mess Comically Explained / Money Watch, May 7th, 2008 at 9:46 pm

[...] If this interests you, you might also be interested to read the credit crunch explained. [...]

animals economy, June 26th, 2008 at 11:49 am

[...] information about the factors contributing to the state of the present economy.http://money-watch.co.uk/3868/the-credit-crunch-explainedGlobal Alerts ? News Archive ? Munster Times: Economy Fuels Full …Munster Times: economy Fuels [...]

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