In conversations regarding the recent downturn in both the housing market and economy as a whole, its inevitable that I get the question on how this all started. I usually think I do a pretty good job of explaining CDOs and the freezing of the credit market, but this guy blows me out of the water! If you’ve ever wondered what the heck everyone is talking about over the past 6 months with regards to the economy, or just want a refresher course on how we got to where we are today….I invite you to check out this excellent video put together by Jonathan Jarvis for a thesis project he was working on at the Art Center College of Design in Pasedena, CA.
[vimeo]http://vimeo.com/3261363[/vimeo]
I was browsing through some posts on 
