Monday, March 2, 2009

The Crisis of Credit explained

I know this a little off-theme for this blog, but I thought this short film was highly informative and something everyone should see.

I am of the firm belief that because of the nature of our market and the amount of exposure most companies here have had, Slovenia has only seen the tip of the iceberg of the financial crisis compared to many other countries around the world. But I think within at most half a year, things will dramatically change here. Needless to say, I am trying to spend conservatively, plant a BIG garden this year, and master the fine art of food storage for the winter months.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.


American Black Chick in Europe said...

Great video! Thanks for posting this...I thought I understood the credit crisis, but it's far more complex than I thought.

Fly Brother said...

Wow...My eyes still kind of glazed over a bit around minute five, but I still learned a lot, LOL. Sign me up for "Credit Crisis for Dummies."

BeautyinBaltimore said...

My God I rethink everything I spend before I part with my money. There is a handbag I want from Bloomingdales but I doubt that I will buy it. It's window shoping for me right now.