The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com Or email me at jonathan.jarvis@gmail.com Support the project! Buy a T-Shirt! cafepress.com/crisisofcredit
Marc Faber & Nouriel Roubini CNBC Video Interview, August 12, 2009; Dr Marc Faber, one of the world’s best known economists, editor of the Gloom Boom and Doom report, and author of Tomorrow’s Gold, joins CNBC Newsline along with Nouriel Roubini to share his views on the current and future economic crisis.
EU debt crisis easing, ECB boss says
Europe’s economy is doing better than expected as the continent’s government debt crisis eases, the European Central Bank’s president said Thursday – but he cautioned that growth would remain “relatively modest.”
Financial Markets (ECON 252) Real Estate is the biggest asset class and of great importance for both individuals and institutional investors. An array of economic and psychological factors impact real estate investment decisions and the public has changing ideas of real estate as a profitable investment. People’s demand to buy a home by taking on long-term debt, called a mortgage, is often tied with the overall health of the economy and financial markets. In recessions, home buying tends to fall and the opposite holds in a strong economy. Commercial real estate, held indirectly by the public through partnerships and real estate investment trusts (REITs), is vulnerable to similar speculative activity. The most recent real estate boom illustrates the speculative nature of real estate, and its relation to financial and economic crises. Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Spring 2008.
In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout the developed world. Thanks to Karen Kavett at www.youtube.com for the illustration. Debt Chart: en.wikipedia.org
China’s Stocks Gain as Economy Withstands Europe Debt Crisis
June 11 (Bloomberg) — China’s stocks rose, heading for gains this week, as higher-than-estimated loan growth and retail sales added to evidence the world’s third-largest economy is withstanding Europe’s debt crisis.
China’s Wen maintains ’sense of crisis’ over economy
Chinese Premier Wen Jiabao warned Monday that the world must stay alert to the risk of relapsing into economic crisis as Europe’s debt woes drag on, and not withdraw stimulus measures prematurely.
The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com Or email me at jonathan.jarvis@gmail.com Support the project! Buy a T-Shirt! cafepress.com/crisisofcredit