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The Crisis of Credit Visualized

 
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lippy



Joined: 28 Feb 2007
Posts: 64
Location: Illinois

PostPosted: Thu Feb 19, 2009 9:05 pm    Post subject: The Crisis of Credit Visualized Reply with quote

In case you still don’t understand the credit crisis…

The Crisis of Credit Visualized
http://crisisofcredit.com/

Regards,
Lippy
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supertreat



Joined: 04 Nov 2007
Posts: 139

PostPosted: Thu Feb 19, 2009 10:13 pm    Post subject: Reply with quote

excellent! Thanks
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Norris



Joined: 08 May 2007
Posts: 320
Location: The Great Lakes State

PostPosted: Thu Feb 19, 2009 10:20 pm    Post subject: Reply with quote

Thanks for the link, Lippy. Simple and understandable.
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Norris
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sewall



Joined: 15 Mar 2008
Posts: 1340

PostPosted: Thu Feb 19, 2009 10:32 pm    Post subject: Reply with quote

Boy is this good. The visuals are very entertaining.
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grumel



Joined: 30 Mar 2007
Posts: 1629
Location: Germany

PostPosted: Thu Feb 19, 2009 10:48 pm    Post subject: Reply with quote

So people with more than one child that smoke cigarets are not able to pay back their mortages Laughing. Great.
50 years ago, the non smokers with the one child would have been the outsiders.
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Ariel



Joined: 10 Mar 2007
Posts: 1361

PostPosted: Fri Feb 20, 2009 12:09 am    Post subject: Reply with quote

Quote:
U.S. Tries a Trillion-Dollar Key for Locked Lending
By VIKAS BAJAJ
Published: February 19, 2009
Credit cards, home equity lines, student loans, car financing: none come cheaply or easily in these credit-tight times. The banks, the refrain goes, just will not lend money.
But it is not simply the banks that are the problem. It is also what lies behind them.

http://www.nytimes.com/2009/02....nd.html?hp
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bolivia



Joined: 02 Jul 2007
Posts: 299

PostPosted: Fri Feb 20, 2009 3:08 am    Post subject: Reply with quote

fantastic visual - thanks for the link!

bolivia
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grayfox



Joined: 15 Sep 2007
Posts: 1936
Location: Anytown, USA

PostPosted: Fri Feb 20, 2009 4:43 am    Post subject: Reply with quote

Everything was going great until those overweight, cigarette-smoking sub-prime people with too many kinds showed up. All they are interested in is cashing their big fat welfare checks and making sure they have a steady supply of cigarettes and beer.

Noble bankers and politicians tried to help them out with affordable housing, but the greedy poor just could not be satisfied. Poor people are responsible for the problem; they should be the ones to pay for it.
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