I’m a little late on this one — I missed it when it popped up on BoingBoing and elsewhere a couple weeks ago. Designer Jonathan Jarvis put together this super slick animation explaining the credit shenanigans that got us into this mess.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
This is part of Jarvis’ thesis work at the Art Center College of Design. According to the site, his thesis work is related to “exploring the use of new media to make sense of a increasingly complex world.” Sounds like my kind of thesis work.