Crisis of Credit


 

An excellent visualization of the early foreclosure crisis. What’s left out is that investments weren’t just held by individuals, but also large companies (auto makers, etc). Those companies were using some of those investments in place of liquid savings accounts.

William Davenport

Now a father, husband, and overall 'techie guy', this Geriatric Millennial started a LiveJournal in 2005 (at the age of 20) to document his thoughts and the random happenings in his young adulthood. He enjoys Star Trek, tennis, and taking things apart.

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