Wednesday 12 September 2012

The Global Debt Crisis - Perfectly Explained


This video is very clear in explaining the nature and origin of debt – for those of us who are not economists

The Global Debt Crisis for Dummies

There were quite a few videos on the subject, but none really explained the issue very well. My biggest gripe was that they didn't provide any context behind debt. So if people don't even understand how money and debt work, how the hell are they going to understand the debt crisis?


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