If you are anything like the average person, you are probably aware that we are immersed in a very rough financial situation, but unless you are an economist or heavily involved in investments, chances are you are intimidated by the jargon thrown around by economists and pundits, and may feel ashamed to ask someone to clarify to you how this whole mess works, and whether and how it affects you.Fear no more: with the excellent animation below, now you can finally understand how the sub-prime mortgage crisis became the mess it is, how all the different parts of the system are connected, the role everyone pays, and who is affected, all in a matter of only eleven minutes.
That's it, I'm going to live in a tent!
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