What's The Diff?

The things Quicken Loans team members care about and want to share with the world

Understanding The Financial Crisis – For Kids and Grownups

The current financial crisis, mortgage meltdown, housing crisis – whatever you want to call it – is no joke. This is one of the worst economic situations facing our country since the great depression and everyone seems to be blaming someone. Some people point a finger at the mortgage industry, some in the mortgage industry point a finger at Wall Street, some in Wall Street point a finger at the government. And the government is running around trying to figure a way out of the mess. It’s bad.

I doubt most people (including myself to some extent) truly understand exactly what happened and what’s going on. That’s why I came across this video from Say It Visually and I think it’s great! I really think it does a pretty good job of explaining the crisis and visuallizing it in simple terms. I have no opinion on the content of the video, other than I like the presentation and the graphics. Watching this really makes me think we absolutely need something like A Solution That Works that helps homeowners directly.What do you think?

Like it? Agree with it? Disagree? Let us know. Check it out:

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  1. I totally agree!!!
    That really helped me understand money

    Posted by: mike fisher | October 28, 2008

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Friday, January 19, 2018