At it’s heart, the independent film movement is driven by private equity — both the expansiveness of your college buddies or parents’ (or proverbial dentist’s) portfolio, or the adventureousness of private hedge funds looking for new investment opportunities. But the distance between macro economic goings on and the money hitting an indie filmmaker’s LLC is so vast that we often don’t consider how the broader economy is affecting our own.

Here, then, is a clear and sobering article from Agonist that explains the current sub-prime mortgage mess, the possible contagion resulting from it, and both its best and or worst case scenarios.

Is it directly relevant to indie film right now? No… but it might be soon.