World Economy Collapse explained in 3 minutes

John Clarke and Bryan Dawe calculate the cost of the European debt crisis - A comedy routine. It may seemed hilarious but this is actually what's happening. Without all the financial jargon, any layman can understand what is happening to the current economy crisis.

How can broke economies lend money to other broke economies who haven't got any money because they can't pay back the money the broke economy lent to the other broke economy and shouldn't have lent it to them in the first place because the broke economy can't pay back?

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  Education

[etniks69]

REMEMBER, the bankers created the money for the debt OUT OF NOTHING and they are using this debt to conquer the world by forcing people to give them their REAL ASSETS, like homes, cars and factories.

Bankers are forcing governments to bend to their will and all because of debt created out of THIN AIR. They never had the money to lend out in the first place.

IT IS ALL AN ILLUSION to them, but not to the people who create the goods and services that bankers pluck for NOTHING to them.

WAKE UP!!

[JOTTABYTE]

There is a high risk for a new war.

[Skibum Willy]

In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering.

It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right?

Oh yeah, it's a Ski movie! “Occupying Chairlifts” on Youtube!

[indalecio21]

Now Greece's Dept is over 600 Billion.

Thank you EU for the Loans.They really "helped"

[Kevin L Smith]

yup and there you have it...my money is under my bed.

[mrskeggster]

His face at 1:51 explains everything.

[Meech Jacobs]

"You're wasting valuable time Roger."

[Chaplain Bob Walker B. Th.]

I agree except that the USA and the UK (BANK of England) gave the so called authority to the Federal Reserve BANK. Even if the US Treasury is the actual printer, it is the FED that orders the money printed and is the one that distributes it.

Yes the US Treasury actually prints it and GIVES IT to the Federal Reserve BANK.....

[G. Thomas Hedlund]

That's NOT how it works. Banks don't print money. The government prints money. They devalue money by printing more of it. Banks lend money to governments with interest, of course, but they don't print money.

[David Thomas]

@etniks69 wake up and do what exactly ??

[David Thomas]

its great how such a tragic circumstance can still be put across in such a hilarious way. bravo.....can anyone lend me any money by the way ???

[alexnobody1]

Awesome. A bunch of countries owe inconceivable amounts of money to other countries, sometimes too each other. Now what is that supposed to mean to me? What does it even mean for a pair of countries to owe each other money? And what sort of consequences should I be expecting? Because clearly, national debt does not function the same way as personal debt.