Saturday, August 6, 2011

The Crisis of Credit

This video is two years old and nowadays we have different problems. But it is a masterpiece at explaining the most important reason for the 2008/2009 crisis.

Do you know similar videos for the current crises?

4 comments:

  1. http://www.youtube.com/watch?v=XdVODFombco&feature=player_embedded

    http://www.youtube.com/watch?v=NOzR3UAyXao&feature=related

    http://www.youtube.com/watch?v=mejNWqwiClY&feature=related

    http://www.youtube.com/watch?v=BoZqx0HKIgg

    It's a fairly lefty selection and not as graphical as your example.

    I couldn't find a right wing video that made any sense at all, most of the right seem to feel lowering taxes is the answer but can't say why. (Real reason: because they want to grab as much personal wealth as possible before they have to flee to the Cayman Islands).

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  2. It is not specifically about the current crisis, and it's in German (I couldn't find a translation), but I always liked this one, especially considering it was basically a design student's final work at university:

    http://www.youtube.com/watch?v=t8fTeKVCMVA (three parts, rest should be listed as "related" to this first part)

    And of course, there's the classic Brecht line from the Threepenny opera: "What is the burgling of a bank to the founding of a bank?"

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  3. Thanks for the links. However, they are more (entertaining) statements of opinions than explanations. ;)

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  4. Try this:

    http://www.youtube.com/watch?v=bLaM86eXjfc

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