Visualising The Banking Crisis.
And-I-Still-Persist blog has done a Gapminder style visualization of the current sub-prime crises that’s destablising the global financial markets. The presentation takes in all kinds of data that US banks have to file with FDIC and uses a new age data visualization tool like Boomerang. There are charts that show how much the top banks are effected by people not able to pay their loans, and when the rot really started to set in. The creators of the blog have promised more data in the weeks and months ahead. So maybe you want to bookmark this link. Still on the subject of mortgage crisis is this chilling clip from BBC of how many tent towns are springing up in the suburbs of the US, of people who have lost their homes, unable to pay back their home loans.