What better way is there to explain the credit crunch situation to the laymen than an animation? So that’s exactly what ABC News came up with - the simplest explanation for the credit crunch and why the government has been debating a potential bailout in the form of a quirky 2D cartoon.
Treasury Secretary Paulson and both Presidential candidates say that without a bailout package, there will be a credit crunch where businesses won’t be able to meet payroll and consumers won’t be able to get loans for college and homes. Check out the animated explanation of the credit crunch below.
The animator is a guy called Odd Todd.
credit crunch, finance news, finance tips, free animations, funny animations, money, news, subprime
This post was written by:
Aldric Chang - who has written 155 posts on Mediafreaks 3D Animation Studio Blog.
A workaholic. A perfectionist. I believe in working very hard to procure the best for my family. I also believe in making enough to be able to give freely. "Aldric Chang is a self-professed workaholic creative entrepreneur who has written and produced music, video games, animated cartoon series and over a hundred animation projects. He has over the past few years grown a 2-men animation firm into a 30 odd men strong company today. His 3d animation studio - Mediafreaks - is a unique vehicle combining animation and entertainment supported by the principles of internet marketing and multiple revenue streams. Aldric is currently focused on growing Mediafreaks into an entertainment behemoth with a solid structure that feeds on a passive income besides a service revenue stream.
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