Credit Crisis explained in layman's language

The credit crisis as Antarctic expedition from Marketplace on Vimeo.

So you have heard about the economic crisis, the shattered global economy, the tumbling stock markets, the inflation and everything that can possibly go wrong. But do you know why this is happening? 

American Public Media's Marketplace, Senior Editor Paddy Hirsch draws a beautiful analogy between an antarctic expedition and the banks to explain what is happening around us.