Credit Crisis: In Laymen Terms

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

Credit crisis is upon us whether we want it or not. Although everyone knows how it affected everybody but not everyone knows how it exactly happens. Well that includes me.

i kept wondering why on earth an economical error that happens on the other part of the globe would claws itself here.

Luckily i found a video that explained it to me clearly.
Stupid greedy overly wealthy Wall Street bankers & investors..