I stumbled across a really good way to put the financial meltdown into layman's terms, and it comes in the form of a video that literally draws out a step-by-step diagram of exactly what happened.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
My thanks to these guys for the video, and further thanks to my continuing addiction for introducing me to said blog. I think it's important that people understand just how things are imploding, and this video really makes it simple to comprehend.
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