An Excellent Explanation of the Financial Crisis

These days when people find out the industry I work in, one of the first questions they ask me is about the current financial crisis.  When I started my job, I received some excellent training on the financial markets and in particular the credit crisis. A college friend recently tweeted a link to a short video explaining the whole mess in a way that almost anyone can understand and it reminded me of the training that I received. I decided to post the link here just in case you missed my post on Twitter. I highly recommend watching this video. Hopefully it will reduce the number of questions I am asked. 🙂

The Crisis of Credit Visualized