The “Credit Crisis”, Explained

Subprime mortgages editorial comic

This is just what I was looking for: a reasonably simple explanation of the credit crisis, courtesy of the New York Times. If anyone knows of any other simple explanations that do a better job, please let me know in the comments!

2 Comments

  1. Anne Onimos
    Posted March 19, 2008 at 2:51 pm | Permalink

    A presentation on Google Docs, explaining the subprime crisis with stick figures.
    http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true

  2. Posted March 19, 2008 at 4:42 pm | Permalink

    @Anne Onimos: That’s a pretty good one! Thanks!

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  1. [...] (I linked to the New York Times’ recent explanation in this entry.) [...]

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