Cogent Insights

Over the past few months friends, family members and business associates have asked me – what caused the global credit crisis?

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

I recently came across the above video, which does a much better job of explaining how the global credit crisis arose than I ever could.

Of course what it all boils down to at the end of the day was that a lot of easy money went into creating dodgy financial products that seemed to good to be true, oh, because they were.