Saturday, November 15, 2008

Financial Meltdown 101

The folks at Truthdig have made this nice, interactive timeline (above) on the financial meltdown, starting during the depression-era and moving right on up to the present. Here is how they introduce it:
Getting a grip on the economic catastrophe that rocked the country during the fall of 2008 is no easy feat, what with so many players, back-room deals, bills, upswings and meltdowns to consider. To that end, Truthdig, once again in collaboration with, has put together a comprehensive multimedia timeline that explains how we got into this mess and how we might avoid repeating history in the near future.

This is a work in progress, and we’ll be adding updates and pointers in coming weeks, so check it out and leave your feedback in the comment section below. We’ll also be including some audio commentary to highlight key turning points along the story line to make this complicated narrative easier to understand, even for those of us who fell asleep during Econ 101 (or avoided that whole scene altogether).

Update: Be sure to watch the first entry on this Capzle to see a video of Truthdig’s Robert Scheer explaining the key issues and moments along the timeline.

What do you think?

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