Clarke and Dawe: Lending merry-go-round
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Uploaded by jeffwaugh on May 20, 2010
How can broke economies lend money to other broke economies who haven't got any money?
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I want money.
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@MyTube20069 I think you've missed the whole point... This is not an educational video - it's satire.
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This is like adults talking about how to correctly play in the sand pit, in a funny way... Entertaining? Sure, but not very deep. Like the FGC just happened because some guys lent money to others and now for some unforeseen reason they can't pay it back. True, but far too simplistic. I'm afraid the rabbit hole goes far deeper and is far more complex than that. Have a look at David Icke's research over the last 20 years if you really want to get an idea of what is going on in the wild wild West.
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11 people just lost a million dollars.
2 months ago 2
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Nihao Kai-lan makes so much more sense now.
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@dion21uk When banks fail economies fail and when economies fail countries fail.It should have happened long ago,but countries have been amplifying the problem by postponing it,and soon is doom.
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Pantomime economics.
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8 People lost $1 million
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This is bull. The money isn't owed to other countries economies, it's owed to banks who lent recklessly to other Eurozone countries at a rate which was suitable for larger economies such as Germany and France.
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United States of America AKA The western province of China
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Every news agency on the planet needs to air this during prime time. Regardless of the obvious satire, it is probably the single best explanation of the economic crisis ever filmed.
Canniballgag 1 year ago 69
"because its owned by china"
As an American I welcome my new Chinese overlords!!!
LTDANMAN44 1 year ago 52