My friend Dave (G’Day!) from Australia, forwarded me a powerpoint presentation last night and thought it explained the subprime situation quite nicely. Its Friday and after whats been a long week, I thought it would be fun to share. I have a soft spot for stick people art work since I’ve never taken any art classes.
A language warning for the faint of heart
It’s a childish, silly, crude and vulgar (in other words, credible) slide show on how the credit market problems came to a head within the housing market. Get past the art work and language and its actually pretty good.
Click here for a larger version.
UPDATE: I have always HATED powerpoint as a presentation medium and avoid it whenever possible because it forces expression into a linear format. I am about as non-linear as it gets. For more thoughts on the subject, check out Edward Tufte’s Cognitive Style of Powerpoint: Pitching Out Corrupts Within.
does an excellent job of explaining the subprime crisis in layman’s terms and is quite hilarious as well. great job
[…] Filed under: Misc — Tags: mortgage, subprime — Jefferson @ 12:26 pm Here isÂ the clearest explanation of the subprime mess I’ve seen yet. [Click through to the larger version to read the […]
[…] courtesy Jonathan J. Miller […]