Understanding The Financial Crisis--For Kids and Grownups
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Uploaded on Sep 30, 2008
Having difficulty understanding the 2008 US Financial Crisis? Here's a short animated video that explains - visually!
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Top Comments
enoch powellsghost 8 months ago
save the world invest in turnips!
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LeonWevans 2 weeks ago
Lol this is more confusing than most videos and the visuals are so annoying because theya re all smashed up together.
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All Comments (458)
nodinitiative 3 days ago
It means going default on your debts. Not paying what is owed.
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1MuchButteR1 3 weeks ago
Maybe we need a complete new system for our civilization, something so innovating it would be nothing like capitalism or socialism.
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Frederick46M 4 weeks ago
A local approach has been shown to work in tackling unemployment, if politicians turn to professional economic crisis specialists. For example, the Orlando Bisegna Index, specialists in the economic crisis, apart from measuring the intensity of the economic crisis in many countries, have helped various counties in the US with debt problems, business failures and unemployment, thus improving the economic condition of many families.
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wazza33racer 2 months ago
banks DO NOT loan deposits............. read the Feds own docs. Fractional reserve lending is how its done. this vid is a total fail.
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Wynn Ryder 2 months ago
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Twicebakedtaters 2 months ago
" the problem is stupidity spending your credit to a negative."
The problem is the notion of spending credit in the first place. Its not money. A debit card is a different animal.
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Kevin K 2 months ago
the problem isnt a credit card the problem is stupidity spending your credit to a negative.Get a debbit credit card
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