The Internets are brimming with know-it-alls attempting to explain the financial crisis in words, cartoon and sometimes song. And most of the explanations are more tangled than the mess itself. So when a friend sent us this animated video, the thesis project of Art Center student Jonathan Jarvis, we were impressed by its simple, concise audio/video explanation. Yes, an art student does a better job of explicating the financial crisis than most of the mainstream news and financial press coverage we've seen. Maybe Paul Krugman should take up painting?
· The Crisis of Credit Visualized [Buzzfeed]