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Fantastic Video on the Credit Crisis from Jonathan Jarvis

Posted In:  debt reduction  mortgage

Found this fantastic video from Jonathan Jarvis of crisisofcredit.com. Explains, in very simple terms, how the greed of Wall Street raided the pockets of Main Street. Jonathan is a graduate student, and is having a bit of trouble with his bandwidth bill.  So, if you like the video, consider visiting his site and making a donation or buying a t-shirt. 

 

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Comments

Re: Fantastic Video on the Credit Crisis from Jonathan Jarvis

QuintonP's picture

I was very surprised to see the video links. It explains well everything. how it works. All the sequence of the credit and debts, its safety and risks. How it all happenned? How are we influenced with getting the offers for mortgages and the pressure from credit card rates. Sometimes we are deceived by this ideas of having a good life and, But eventually we didn't realize its effect in our financial condition and overall economic,financial stability in the country.We need to be reminded sometimes..Thanks!
 

Re: Fantastic Video on the Credit Crisis from Jonathan Jarvis

Thanks for the link. Nice.