More fun with charts

Here is an animated chart. It has been around for a while so you may have seen it, but it is just such a simple and powerful expression of why we are suffering the financial woes related to the collapse of the housing market, and the underlying debt that was supporting it, that I had to post it. What goes up…

Click here to see the real estate roller coaster.

(Note the passing year in the lower right hand corner, and stick around for the graph at the end.)