By Barry Ritholtz in The Big Picture:
As I was working on Bailout Nation, I struggled to find a way to communicate the myriad forces that combined to cause the collapse. The book details the many elements involved, but I wanted a visual way to depict what I took 20 chapters to explain.
I had long been a fan of Wall Stats - the great site that Jess Bachman runs. Over the course of a few days, I described the various factors and how they interact.
Jess took what I described, and turned it into a terrific graphic that goes a long way to explain what happened...
Read full article (with excellent graphic)…
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