Best Subprime Mortgage Crisis Cartoon Ever


While browsing the interwebs, I happened upon a cartoon that successfully explained the sub-prime motrgage crisis to me, a subprime crisis dummy.  If you’ve ever wondered what terms like “sub-prime mortgage”, “collateralized debt obligation”, “frozen credit market”, or “credit default swap” meant, and enjoy anime, this masterpiece may be for you.  (Barrack Obama’s credit crisis explanation would have seriously benefited from such a vid…)



Btw, the video above is only Part I (7 min); if you want to see the rest, Part II (4 min) can be found here.

Posted to Miscellaneous by Mike on
February 25, 2009
      Musicians: Distribute Your Music to Millions      

Comments
Comment by Aaron on December 1, 2009 @ 12:18 am

how do i turn this music off to watch another video?

Pingback by Everyone in the US Knew There Might be a Housing Bubble - Page 4 - Typology Central on December 28, 2009 @ 3:12 pm

[...] collapse. There’s a great video here that explains how the whole system worked (and failed) here: Subprime Mortgage Crisis Explained Cartoon (Whole thing is 11 minutes) One could also argue that the repeal Glass-Steagall Act (which had [...]

Comment by h2o on October 7, 2010 @ 8:17 am

Same question as Aaron, whatz up with the background music. I can’t understand what the speaker on the video is saying! Heeeellllllllllppppp!

Comment by mistercrispy on October 1, 2011 @ 2:12 pm

Your smart ass remark about Obama would have been more apt if you had spelled "Barack" correctly.

(required)

(required)