It's coming to a year now and the major news coverage is still on world recession and recovery. A lot of work are still being done by leaders and corporations alike in trying to survive this worldwide economic downturn which we are so "lucky" to see it! It's been said, this happens only once in a century!
In some ways, it's perhaps like a total eclipse of the sun (which those of you in many parts of China & India were lucky to observe last month!) which occurs so rarely; yet, total darkness for an extended period of time can be nerve wrecking and that's what the crisis of credit has affected many people in this world. Plenty of people are still unemployed and reeling from being hit by the worst financial disaster ever! So, do you ever wonder what truly happened? Do you know the cause of all these miseries? Do you know what's CDOs & subprime? If you don't, watch the video designed by Jonathan Jarvis & be enlightened! :-) Jonathan Jarvis has effectively explained this new phenomenon to us all! And I find his rendition of a complex issue an excellent way to grasp what majority of people who are not in the finance industry has problem envisioning. So, take some time and enjoy this simple video put up for us all. It's definitely one of a kind! I love his brilliance! Go, Jonathan, Go!!!!!!!!!!!!!!