but is it art? posted by

The Crisis of Credit Visualized – the financiapocalypse explained in 11 minutes and 10 seconds

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This Crisis of Credit Visualized, is a brilliant, short animation that explains the heart of the world-wide financial collapse. Funny, moving and painful. Yeah, maybe just painful. [Via Flowing Data and Information Aesthetics].

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.

Tags: financial+apocalypse+explained, crisis+of+credit+visualized

Dan Ferris is the Red Ferret’s Oceanic correspondent and Associate Editor based in Sydney, Australia. Despite not knowing Russell Crowe or Nicole Kidman, Dan has risen above adversity and now scours the world for interesting tidbits to write about. He spends far too much time photographing stuff and tinkering with computers.

Dan – who has written posts on The Red Ferret Journal.


1 Comment

  • Pretty good explination on the finacial side, and it does a good job of implying the greed of profits, but for slightly more complete picture, I think it requires a few more aspects. Namely, oil, war, and politics. And eventually, unsustainability.

    CDOs are really just a fancy way of saying a box of I.O.U.s with interest and risk.
    Once the flow of money slows, consumption slows, and everything in the capitalist system grinds to a halt.
    lovely.

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