The Sub-Prime Mess Comically Explained

May 7th, 2008

If you’re wondering how we ended up with the credit crunch, following the problems with sub-prime mortgage lending in the US, then this funny set of slides might help you understand. Beware, there is some adult language, but it’s worth going through the full 40-odd images for a good chuckle.

The Sub-Prime Primer

Credit for this link to Chris Garrett on Twitter.

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

Categories: Banks, Business, Credit, Mortgages

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