Video: Credit Crisis As Antarctic Expedition
Antarctic explorers trudge across the icy wastelands, heavily laden with rucksacks, bound together with rope. This is a good metaphor for understanding the credit crisis, and Paddy Hirsch from American Public Media is going to lay it down on you. Oh no! There’s a crevasses. Yay! Here comes Henry Paulson to come save the banks in his helicopter. The money meltdown is definitely much more digestible, and fun, in stick-figure and whiteboard form. Full video inside.
The credit crisis as Antarctic expedition from Marketplace on Vimeo.
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