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March 11, 2009

Credit Crisis

Richard Beck’s Experimental Theology points up an excellent video from Jonathan Jarvis, which explains how a credit crisis develops. There’s much in here I discovered for the first time. It’s worth 11 minutes to watch.

It's depressing, though - and an object lesson in how institutional and individual pocket-lining grows and then implodes. I'm suspecting that, within five years, we'll be at it again, as if nothing had ever happened...



The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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