WTF was the Credit Crisis?

I’ve wanted to write an article about the whole economy going tits up ever since I started blogging at the end of last year; but I never got round to doing it because I didn’t know how to tackle it and I didn’t want to confuse anyone. Low and behold, after stalling for so long, and even giving up on the idea totally, my mate Mark posts a video on his twitter that explains it so simplistically that it’s hard to resist not making a post!

So thank you Mark Tureck for finding this gem… I hope you all watch the very simple and informative (I’d even say entertaining) video so that you know exactly what happened not so long ago and why we’re still feeling it now!