Found this little gem today. Explains in simple terms why banks are failing and how it really does all go back to credit.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
I like to think I'm a pretty bright guy, but I've not been able to follow this whole mess. This helped me clear it up and also reassure me that not owning a home at this point in life is probably the best thing imaginable.
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