Scott McCloud (smccloud) wrote,
Scott McCloud
smccloud

[cross-posted for now with the new site]

More Infographic Terror

Everybody and his brother is linking to this great animation by Jonathan Jarvis about the credit crisis:

Credit Crisis Animation

Literally my brother in this case, who was blogging regularly about the housing collapse before it happened here.
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    What do you think about this? I think my suggestion came across as more radical than I'd intended, but it's resulting in an interesting discussion.

  • Almost There...

    Okay, the new site's front page is almost done, comments enabled and everything. We just need to jump through a few hoops to get the permalinks and…

  • (no subject)

    [cross-posted with the new site still, but hope to have a proper blog live soon] Dylan Horrocks Awaits You The great Dylan Horrocks has…

bunny42

March 1 2009, 06:18:50 UTC 12 years ago

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He also failed to include government intervention (CRA, Fannie Mae, Freddie Mac, etc.) as a cause for banks to lend money to unqualified borrowers. The banks were forced to make sub-prime loans by government mandate, as well as to compete with the likes of Fannie Mae. His piece lays all the responsibility on large financial institutions, which is not exactly fair.

I commend his ability to make a truly complex situation easier to understand, but I think there was room to include Uncle Sam in the mix.

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