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March 2, 2009

Crisis of Credit visualization

Wonderful visualization of the chain reaction that was set about by the housing crisis in the states in this piece called the 'Crisis of Credit'. Have a watch and understand why sub prime is really only a nice word to say 'not worth a dime' and how that brought down the whole system of credit.

Posted by bjoern at March 2, 2009 5:44 AM

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