Plain Explanation of the Foreclosure Crisis
By now, most of us have some sort of idea of what caused the current foreclosure crisis. Some notable attempts at a simplified explanation include these Powerpoint slides with stick figures, this British comedy routine, and the “Giant Pool of Money” NPR audio broadcast. Even the New York Times had a go.
Well, here’s one more by Jonathan Jarvis, which also happens to be excellent. If anything, it surely has the best animation and graphics of them all. Also available in high-definition (but it’s big). Via Bogleheads.
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Posted by Carlos Sagastume on February 21, 2009. Filed under HUD Homes.
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