The Short and Simple Story of the Credit Crisis -- The Full Version
By Jonathan Jarvis.
Crisisofcredit.co m
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.
This is the original, full version.
fantastic video! ? By: deathskunk3. on 25 May 12, 01:56:20 fantastic video! ?
who did the video?i ... By: tahnoon18. on 24 May 12, 23:52:30 who did the video?i need? the company name
nice? one! By: schnor88. on 19 May 12, 21:03:35 nice? one!
How To Get The Best ... By: ColtsNeckNJHomes. on 18 May 12, 15:31:03 How To Get The Best Deal
Get prequalified for a mortgage.
Get your home listed with a real estate agent BEFORE you start making offers.
Figure out the pros and cons of buying distressed properties such as: Bank Owned? Real Estate, Short Sales, Pre-Foreclosure Sales, Auctions, Rehabs, Fixer-Uppers, Etc.
Do your research BEFORE you start your serious house hunting.
Get a home inspector so that you can negotiate the price of the house based on the things that need to be fixed.
the crisis ... By: elcasiopro. on 17 May 12, 17:59:16 the crisis explanation? can not get any better than this!!!
Excellent job. ... By: insanecaine. on 17 May 12, 08:13:35 Excellent job. Please do one (with a different voice-over, this one female) for the European Crises. Thanks. ?
that? is one ... By: stanleycjohn. on 16 May 12, 23:38:06 that? is one expensive box
Id like to? know ... By: milipig. on 16 May 12, 15:56:47 Id like to? know what other topics have been ilustrated by you like this...luv it.
the best ... By: sinhalaya2. on 11 May 12, 06:15:52 the best explanation ever !!!?
?? ?? ??????? ?? ... By: vilianna93. on 09 May 12, 12:28:50 ?? ?? ??????? ?? mega ????????!
where can i find ... By: Deepskies1. on 08 May 12, 23:30:11 where can i find the source of these videos? like? Investopedia
Very? well explained By: trance2307. on 08 May 12, 04:50:34 Very? well explained
brilliant
? By: danmaxdesign. on 07 May 12, 22:32:00 brilliant
?
the most simple and ... By: mr2000jp. on 06 May 12, 03:55:11 the most simple and easy to understand explanation of the credit crisis? ever,
Porque cuando lo ... By: MariCArmenD. on 01 May 12, 19:48:25 Porque cuando lo hago grande se ve a la mitad, alguien? ayuda!!
I'm taking a ... By: Carsten2009b. on 01 May 12, 11:47:56 I'm taking a Personal Finance course in my school. Sadly, it's an elective, but I should push my school to make it a graduation requirement. At least economics? is a graduation requirement in my school.
Good to know? :) By: treehugger0241. on 30 Apr 12, 10:00:01 Good to know? :)
That's great. Some ... By: chachi248. on 30 Apr 12, 01:41:17 That's great. Some faith in? humanity has been restored lol :)
Funny you should ... By: treehugger0241. on 29 Apr 12, 21:09:30 Funny you should mention that; at least where I live, a high school credit? in Financial Literacy is a graduation requirement
"not surprisingly ... By: oldickeastman. on 29 Apr 12, 06:09:31 "not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the interest burden? that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason) - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
"not surprisingly ... By: oldickeastman. on 29 Apr 12, 06:09:15 "not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the? interest burden that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason) - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
Personally, I ... By: chachi248. on 27 Apr 12, 23:51:54 Personally, I believe schools should make economics, and finances a required course. That way, future homeowners will become better prepared in getting piled in debt, and can avoid traps like these, making it less risky? and more realistic about which house they desire.
I don't see how ... By: Aiyvas. on 27 Apr 12, 15:32:04 I don't see how ocean cities are the solution to capitalism. But ok. Also human suffering is a sad but inevitable truth. Idealism like this is pure in its intentions but naive in its goal. Also it has large? fallacies that I'm not going into.
nice video. but you ... By: sholomyaakov. on 26 Apr 12, 23:44:19 nice video. but you conspicuously neglected to mention the cra of 1996 signed into law by Bill Clinton. The libs and Keynesians don't accept the fact that the government put undue pressure on banks to make these loans to sub prime borrowers. ? Why? Because EVERYBODY has to have a home, otherwise we're a racist country.
Watch the full version here: http://www.youtube.c om/watch?v=bx_LWm6_6 tA
The Short and Simple Story of the Credit Crisis.
By Jonathan Jarvis.
Crisisofcredit.co m
JonathanJarvis.co m
To sum it up: The ... By: ReyemNeirda. on 23 May 12, 13:27:36 To sum it up: The Bank were giving loan/mortgage to people, and used the money of safe people (who will surely pay back) for investing and the risky one they didn't really care because they had the money of the safe, but the risky people became? really numerous and so the bank got their houses as a warrant, but in the end, they got only house and not cashflow in their pocket. So the crisis
what don't you? get ... By: ulverup. on 19 May 12, 15:26:47 what don't you? get ?
i? still dont get ... By: TheWatup72. on 04 May 12, 22:12:48 i? still dont get it.
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"not surprisingly ... By: oldickeastman. on 29 Apr 12, 06:08:11 "not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the interest burden that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason)? - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
that was a ... By: 101cutiee. on 24 Apr 12, 13:59:40 that was a fantastic video! very helpful and informative! ?
Got my own? blog ... By: karlzj. on 11 Mar 12, 21:51:33 Got my own? blog related to the video. Please type in karlo igloria blogspot in google then click on the subprime mortgage crisis title.. cheers :D?
@jkykwong100
... By: Valendros. on 27 Feb 12, 21:17:03 @jkykwong100
Personal Economics, World Economics and Basic Law (contracts, etc) should be required high school? courses.
THANK YOU J.J. for? ... By: Njoydancing. on 25 Feb 12, 11:02:50 THANK YOU J.J. for? creating this video :D
what is the program ... By: locololonumber2. on 19 Feb 12, 21:36:37 what is the program used for this? type of animation?
really want to learn it.
42 Goldman Sachs ... By: huzanaaier. on 11 Feb 12, 13:24:02 42 Goldman Sachs employees watched this video?
some great ... By: thejameskan. on 04 Feb 12, 02:12:39 some great inforamtion here thanks?
1.2? mil views on ... By: Howtown266. on 03 Feb 12, 06:34:58 1.2? mil views on part 1, half that on part 2, 50% of people said "fuck it, still too confusing..."
some sweet info ... By: bribribri56. on 02 Feb 12, 18:27:20 some sweet info here?
I am very? happy to ... By: NganaJHone. on 02 Feb 12, 17:01:31 I am very? happy to see the vidoe after you give this The Crisis of Credit Visualized
I Love The Video It ... By: Melehete. on 02 Feb 12, 15:10:48 I Love The Video It Can Increase My Knowledge The Short? and Simple Story of the Credit Crisis.
really informative ... By: khijasmith. on 02 Feb 12, 15:03:09 really informative and? interesting
Steady I Really ... By: bebeheuy. on 02 Feb 12, 12:57:00 Steady I Really Like This Video? The Short and Simple Story of the Credit Crisis.
Good, I like that? ... By: AntoMelta. on 02 Feb 12, 10:59:24 Good, I like that? you share this video, I wish success always The Short and Simple Story of the Credit Crisis.
Nice Video That You ... By: willamricard. on 02 Feb 12, 09:17:51 Nice Video That You Share , So Very Nice? Thanks You The Crisis of Credit Visualized Part 2
I Really Like The ... By: imegatrone. on 02 Feb 12, 07:59:06 I Really Like The Video From Your The Short? and Simple Story of the Credit Crisis.
Your Video Is Very ... By: bundawartini. on 02 Feb 12, 06:29:11 Your Video Is Very Useful Sharing The? Short and Simple Story of the Credit Crisis.
That's because they ... By: gredangeo. on 01 Feb 12, 17:29:20 That's because they were put BACK on the? market. New houses were still being made causing surplus. If a bunch houses in your area go up for sale all of a sudden, even though they shouldn't be, because they already bought, it makes yours look bad in value. That's pretty much the answer I got.
Q: Why the houses ... By: FumTech. on 30 Jan 12, 03:05:23 Q: Why the houses that the banks have for sale generate an oversupply, if they are the same houses that prevoiusly were? on the market (and that no one would have bought in the first place if it weren't for banks intervention)?
Watch the full version here: http://www.youtube.c om/watch?v=bx_LWm6_6 tA
The Short and Simple Story of the Credit Crisis.
By Jonathan Jarvis.
Crisisofcredit.co m
JonathanJarvis.co m
So the REAL ... By: noprofitmaximierung. on 07 May 12, 06:50:37 So the REAL question here is: Why did the ruling class (not only in the usa) feel the need to de-regulate (as they certainly know this has caused problems in the past and is highly risky and has? an exponential risk effect for the system)? Is it just "Greed"?No, there is something more material, something more pressing that makes them consciously write further (systemically)risky laws for the senators and congressmen to sign. This mystic thing is "The Falling Rate of Profit" and globalcompetition
Well, what are you ... By: noprofitmaximierung. on 07 May 12, 06:46:48 Well, what are you missing?? I can tell you what you are missing: you seem to associate certain "political figures" as CAUSES to the deregulation etc. But in fact, they were rather doing what every politician's job is: manage class pressures. In fact, the minority of owning and ruling class, those who spend billions a year on "lobbying" to the political system, are basically in control of the political system.ALL laws are written by lobbyists for example, why is war fought(?), because it means $.
What they meant was ... By: lym3n. on 05 May 12, 08:26:38 What they meant was that these people should have never given loans. I mean, the mortgage issuer didn't care because he would just pass on the risk of the? loan to whoever bought it from them. All they cared about was the volume of loans they were making, because the higher the volume the more money they'd make.
It's not like the mortgage borrower had malicious intent in all this; all they wanted was a home. They're saying they made loans to people who never should have gotten them.
This was all? part ... By: lym3n. on 05 May 12, 08:21:17 This was all? part of a trend of general economic de-regulation that started in the Reagan years and was then carried on by Clinton and both the Bushes. You can't really say that this one act caused the recession, but was rather part of a slew of over deregulation that should have never happened.
There's a lot ... By: lym3n. on 05 May 12, 08:16:50 There's a lot missing in the video like synthetic CDO's and the stupidity/greed of the rating agencies, but the bottom? line is that it does a good job explaining the gist what happened.
"not surprisingly ... By: oldickeastman. on 29 Apr 12, 06:10:27 "not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the? collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the interest burden that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason) - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
why would? you want ... By: mchatrie1. on 12 Apr 12, 20:54:31 why would? you want to increase the interest rate?
nex? is coming By: SP3CUL4710N. on 06 Apr 12, 04:15:38 nex? is coming
hello? everybody !! ... By: bcszxp. on 31 Mar 12, 15:07:59 hello? everybody !!!!
this? is like ... By: brianlud. on 30 Mar 12, 12:08:07 this? is like musical chairs
???????????(..)?
?? ... By: lkkjoiopp. on 03 Mar 12, 02:42:12 ???????????(..)?
?????????????!!!
?????????????
??????????????????????????
???????????????
INCREIBLE, VEAN ... By: hugox1970. on 23 Feb 12, 17:39:51 INCREIBLE, VEAN ESTE VIDEO HECHO? POR EL SR. GERAINT ANDERSON POR FAVOR,? PASENLO A? OTRAS PERSONAS. youtube.com/watch?v=prCjXFZqdzU
INCREIBLE, VEAN ... By: hugox1970. on 23 Feb 12, 17:39:46 INCREIBLE, VEAN ESTE VIDEO HECHO? POR EL SR. GERAINT ANDERSON POR FAVOR,? PASENLO A? OTRAS PERSONAS. youtube.com/watch?v=prCjXFZqdzU
what is? the ... By: locololonumber2. on 19 Feb 12, 21:36:20 what is? the program used for this type of animation?
really want to learn it.
one word...GREED!!!? By: mhafizwazir. on 09 Feb 12, 13:50:11 one word...GREED!!!?
Cool job. Also the ... By: Djohn365. on 09 Feb 12, 13:20:50 Cool job. Also the CollateBox? video beats all motion graphics that you have seen. Super data? is born ...
Check out - bit dot ly forward slash collateboxvideo
Call? 1-877-375- ... By: mostpopular2010. on 05 Feb 12, 05:51:40 Call? 1-877-375-3165 for your FREE Credit Analysis with Lexingtonlaw paralegals.
GOLD! GOLD!? GOLD! ... By: proaurumtv. on 03 Feb 12, 15:16:56 GOLD! GOLD!? GOLD! :-)
Can? capitalism ... By: ProletarianCPGBML. on 26 Jan 12, 19:43:37 Can? capitalism save the planet? youtube.com/watch?v=pZsQZU4wdjs
Great job ... By: StockMarketFunding. on 23 Jan 12, 23:04:04 Great job explaining to people in a basic simple to understand manor. If only that was how markets really? work, just look at MF Global missing monies as an example. When getting into options, shorts, news, media, tv, governments, ect there is a lot to the story!
the deal broker? ... By: 465160. on 21 Jan 12, 22:55:49 the deal broker? not WS. "banks"
@3:25 they don't ... By: 465160. on 21 Jan 12, 22:54:01 @3:25 they don't always pay it back or atleast? in full because some go "Bust!"
Sm.v.? By: rappelz1337. on 11 Jan 12, 00:36:57 Sm.v.?
Gqakfjnb? By: rappelz1337. on 11 Jan 12, 00:36:19 Gqakfjnb?
The May 2007 Harper's Index communicated through motion. By Jonathan Jarvis. Done in the Media Design Program at the Art Center College of Design in Pasadena, California.
Which software(s) ... By: TheAdUd. on 27 Jan 12, 06:05:21 Which software(s) did you use to create this animation?? :)
So... Whats? your ... By: PlayClaner. on 16 Nov 11, 23:47:11 So... Whats? your point?
I've ordered two, ... By: mistersmith6000. on 08 Oct 11, 04:19:04 I've ordered two, but I haven't received. Could you tell? me if anything has gone wrong?
what? the fu*k was ... By: Mr5540211. on 05 Sep 11, 20:02:55 what? the fu*k was that
That seemed a ... By: jasonofcompsci. on 29 Jul 11, 15:57:13 That seemed a little distracted. What does any of that have to do? with any of that.
this said nothing.. ... By: kevincolmergmail. on 13 Oct 09, 22:39:20 this said nothing...?
... By: sureshsingh1. on 27 Sep 09, 11:05:43 HAHAHAHAHAHAHAHAHAHAHA Salvation can be? bought through the internet LOLLLLLL!!!!!!!!!!
Debt consolidation ... By: MrMortgage1. on 04 Aug 09, 02:40:37 Debt consolidation can be a really useful tool for? many people, the key is of course to do a little homework and make sure you're not dealing with a rip off merchant.
consolidationnetwork . com
has many useful links for debt consolidation comapnies
Quick demo of an experimental application designed for an Acura Interactive Oracle at the Media Design Program in the Art Center College of Design in Pasadena, California. Designed by Jonathan Jarvis with assistance from Phil van Allen and Charles Lu.
Wait a? second, ... By: InteractiveBUD. on 30 Mar 09, 00:57:57 Wait a? second, that's in the description! Too bad nobody ever reads that.
what the hell does ... By: deepsoulfullvibe. on 15 Mar 09, 23:32:26 what the hell does this have to? do with automobiles?Acura???
check reactable ... By: vechio80. on 27 Feb 09, 18:42:21 check reactable on? you tube
Quick demo of an ... By: DespiauCorp. on 23 Feb 09, 04:25:08 Quick demo of an experimental application designed for an Acura Interactive Oracle at the Media Design Program in the Art Center College? of Design in Pasadena, California. Designed by Jonathan Jarvis with assistance from Phil van Allen and Charles Lu.
i don't understand ... By: tashlw. on 23 Jan 09, 01:37:30 i don't understand what this? is?
Interaction tests on an Oracle, an interactive, multi-touch table display.
Done in the Media Design Program by Jonathan Jarvis and Charles Lu, with Help from Phil VanAllen, Jim Bumgardner. Thanks to George P. Johnson and Acura for lending it to us!
obviously it says ... By: atoughpunk. on 30 Mar 10, 07:02:18 obviously it says interaction tests in the description, its obviously new touch screen technology that is a computer as well, and they are just testing how detailed it is? in motion detection
DUH
what? is this thing ... By: jgt08. on 10 Jun 09, 20:06:02 what? is this thing used for? I mean its cool don't get me wrong, but it seem to just put up random shapes when you touch it. please explain it uses.
Music: Squarepusher ... By: Nazcain. on 26 Feb 09, 20:47:09 Music: Squarepusher - Iambic? 5 Poetry
Awesome! What? is ... By: SilkyPeach. on 24 Feb 09, 17:53:16 Awesome! What? is the name of this song? Thanks!
whop? ! By: kenansulayman. on 19 Feb 09, 21:04:59 whop? !
who? did the music ... By: pkScary. on 21 Jan 09, 19:59:49 who? did the music for this?
whoaa? (: By: emiliamungarro. on 09 May 08, 03:01:34 whoaa? (:
dope shit? bro. By: kateabell. on 05 Nov 07, 00:58:21 dope shit? bro.
![Harper\](http://i.ytimg.com/vi/FOQ0FU9jvoM/2.jpg "Harper\")
Latest comments made on this video:
By: deathskunk3. on 25 May 12, 01:56:20
fantastic video! ?
By: tahnoon18. on 24 May 12, 23:52:30
who did the video?i need? the company name
By: schnor88. on 19 May 12, 21:03:35
nice? one!
By: ColtsNeckNJHomes. on 18 May 12, 15:31:03
How To Get The Best Deal Get prequalified for a mortgage. Get your home listed with a real estate agent BEFORE you start making offers. Figure out the pros and cons of buying distressed properties such as: Bank Owned? Real Estate, Short Sales, Pre-Foreclosure Sales, Auctions, Rehabs, Fixer-Uppers, Etc. Do your research BEFORE you start your serious house hunting. Get a home inspector so that you can negotiate the price of the house based on the things that need to be fixed.
By: elcasiopro. on 17 May 12, 17:59:16
the crisis explanation? can not get any better than this!!!
By: insanecaine. on 17 May 12, 08:13:35
Excellent job. Please do one (with a different voice-over, this one female) for the European Crises. Thanks. ?
By: stanleycjohn. on 16 May 12, 23:38:06
that? is one expensive box
By: milipig. on 16 May 12, 15:56:47
Id like to? know what other topics have been ilustrated by you like this...luv it.
By: Saml3838. on 12 May 12, 18:12:30
5:00?
By: sinhalaya2. on 11 May 12, 06:15:52
the best explanation ever !!!?
By: vilianna93. on 09 May 12, 12:28:50
?? ?? ??????? ?? mega ????????!
By: Deepskies1. on 08 May 12, 23:30:11
where can i find the source of these videos? like? Investopedia
By: trance2307. on 08 May 12, 04:50:34
Very? well explained
By: danmaxdesign. on 07 May 12, 22:32:00
brilliant ?
By: mr2000jp. on 06 May 12, 03:55:11
the most simple and easy to understand explanation of the credit crisis? ever,
By: MariCArmenD. on 01 May 12, 19:48:25
Porque cuando lo hago grande se ve a la mitad, alguien? ayuda!!
By: Carsten2009b. on 01 May 12, 11:47:56
I'm taking a Personal Finance course in my school. Sadly, it's an elective, but I should push my school to make it a graduation requirement. At least economics? is a graduation requirement in my school.
By: treehugger0241. on 30 Apr 12, 10:00:01
Good to know? :)
By: chachi248. on 30 Apr 12, 01:41:17
That's great. Some faith in? humanity has been restored lol :)
By: treehugger0241. on 29 Apr 12, 21:09:30
Funny you should mention that; at least where I live, a high school credit? in Financial Literacy is a graduation requirement
By: oldickeastman. on 29 Apr 12, 06:09:31
"not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the interest burden? that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason) - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
By: oldickeastman. on 29 Apr 12, 06:09:15
"not surprisingly the homeowner defaults on his payments" - this is the "explanation " for the collapse -- he blames the borrowers for being "sub-prime trash" -- never once mentioning deflation or total debt and the? interest burden that cannot be paid because not enough money is in circulation. The collapse really came because loans were called and new loans were not extended (for whatever reason) - not because all borrowers suddenly decided to mismanage their family budgets! see R9VUWsTJMrE
By: chachi248. on 27 Apr 12, 23:51:54
Personally, I believe schools should make economics, and finances a required course. That way, future homeowners will become better prepared in getting piled in debt, and can avoid traps like these, making it less risky? and more realistic about which house they desire.
By: Aiyvas. on 27 Apr 12, 15:32:04
I don't see how ocean cities are the solution to capitalism. But ok. Also human suffering is a sad but inevitable truth. Idealism like this is pure in its intentions but naive in its goal. Also it has large? fallacies that I'm not going into.
By: sholomyaakov. on 26 Apr 12, 23:44:19
nice video. but you conspicuously neglected to mention the cra of 1996 signed into law by Bill Clinton. The libs and Keynesians don't accept the fact that the government put undue pressure on banks to make these loans to sub prime borrowers. ? Why? Because EVERYBODY has to have a home, otherwise we're a racist country.