Education: The Crisis of Credit

This is one of the best financial educational videos I have seen. It came out a long time ago and has over one million views on YouTube. It covers the basics of how some recent financial innovation and shady business practices got the world into our current financial mess. Please enjoy The Crisis of Credit: Visualized by Jonathan Jarvis:

If you are interested and intrigued about this topic and wish to know more, I suggest reading The Big Short by Michael Lewis. It is a good book, easy to read, and goes deeper into the details of the housing bubble.