For anyone that doesn’t understand how the stock market crash and the credit crisis are related to the foreclosures in your neighborhood, this video might be for you.

It clearly shows how one simple family based (sub prime?) mortgage was converted into a “ticking time bomb” after some creative financial processing.  Problem was, that time bomb had a fairly short fuse and when it blew… well we know the answer to that.

Now the question is just how much damage has been done and how much it will eventually cost the taxpayers to solve.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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