Found this project compelling. It is part of a thesis project by Jonathan Jarvis, a graduate studio at the Art Center College of Design in Pasadena, California:
This is cool! Is it accurate?
Peace.
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4 Comments
atira posted on March 2, 2009 at 9:22 pm
Pretty good. But I maintain that nobody can beat Ira Glass’s explanation of the financial crisis on NPR’s “This American Life.” It’s a “two act,” 59-minute explanation, available for download to an ipod. I recognize that I sound like a bad ad, but I have no affiliation with NPR. Just a lot of time walking down Comm Ave, listening to Ira Glass.
Here’s the link:
http://www.thislife.org/Radio_Episode.aspx?episode=375
in case that doesn’t work, it’s episode 375: “Bad Bank” at thislife.org.
kennmore posted on March 3, 2009 at 5:58 am
Hey atira,
You are right. “This American Life” has three excellent shows on the financial crises. I also recommend NPR’s “Planet Money” podcasts.
I wanted to share a decent visual approach. Thanks for the great suggestions and comment. (I, too, spend a lot of time listening on Comm Ave.) Peace.
Kenn Elmore
Mike B. posted on March 5, 2009 at 10:07 am
This is a great video. It’s always nice when someone puts a history lesson (because that’s what this is, it’s just happening right now) to visual animation. I’m a visual person so it helps to have something to look at when someone’s explaining something to me.
The more I hear and learn about the credit crisis the more I think we’ve seen this before. 90 years ago Wall St. had the same credit problems with investors trying to capitalize on risky investments, borrowing lots of money for leverage and then selling things off for huge profit margins. That was called the “Roaring 20s” when everyone had lots of dough to cough up and so the economy was booming. Or so people thought. Then when people realized it was all empty profits they started selling their stocks, and selling, and selling, and selling…. and suddenly the Great Depression happened.
I get déjà vu way too often.
Gee Tee posted on March 26, 2009 at 7:56 pm
Excellent portrayal of history. I’m a history teacher and I think I’ll send my students here to visualize what I have been teaching.