Credit crisis: True or False and what does it mean?

http://www.independent.org/blog/?p=201

The credit crisis is true, even though the total bank credit never ceased to increase. It is the sharp reduction in velocity of the the increase of new credit and the freeze in commercial paper and money markets transactions that is threatening the day to day operations of thousands of firms that constitutes what is known as the credit crunch.

Check part 2 of my explanation, where I cover the short term corporate debt and money markets collapse.

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PS I'm sorry that once again Youtube has cut my Video in about one and a half minutes... Since no one tells me what is happening, and I can't find the solution myself, there's nothing I can do about these cuts.

Category:

Education

Tags:

• business
• economics
• credit
• crisis
• stocks
• financial
• markets
• wachovia
• washington
• mutual
• citibank
• fed
• crash
• inflation
• dollar
• bailout
• anarchism
• capitalism
• libertarianism
• objectivism

[YouSpamTard]

You are rambling in your head. I cant make myself pay attention long enough to listen to what you are trying to say. Here is an idea. I learned in in school.

Present a topic thesis or topic sentence right off the bat. It should be the first words out of your mouth. Support that topic with commentary. End with a conclusion. The trick is to not stray off the topic.

All media is usually presented in this way, be it a newspaper or a TV news cast. I followed the form my self in this paragraph. GL

[dakshinamurti]

yeah, I guess I am not a professional anchorperson, and that I favor substance over style, and yes, I am not an economics total genius and an articulate speaker (in english, which is not my native tongue, go figure...) but I do make a point, even if it takes a person the patience you did not manage to have in order to pay attention. I will nontheless try to use the formula, without making my youtubing heavier than it needs to be. Thanks 4 posting.

[NitnitNameerf]

This IS funny though, so I'm sharing your video with others. Good times. :-)

[dakshinamurti]

Thank you very much.

[dakshinamurti]

I will not host comments that resume themselves to saying how I don't get it, and I'm wrong, and I don't know shit, and any personal attacks of the sort. If you're going to comment, be it a critical or supportive comment, substantiate the comment with facts and/or figures, or it will be an empty delivery of loaded words and I reserve the right not to provide a stage for people to bark at me. Comment deleted.

[dakshinamurti]

I am delivering my personal opinion, supported by facts and figures. I will not tolerate personal insults, no matter how hard a person may find to digest an adverse opinion. Comment deleted.