America - economic collapse - Debt - Money System - Banks - US history - economy documentary

America - economic collapse - Debt - Money System - Banks - US history - economy documentary https://youtu.be/jSkcsswXf-w I created this video with the YouTube Video Editor (http://www.youtube.com/editor) Creative Commons Attribution license (reuse allowed) https://creativecommons.org/licenses/by/3.0/legalcode https://support.google.com/youtube/answer/2797468?hl=en Origins: https://www.youtube.com/watch?v=F_7HIxCg4is https://www.youtube.com/watch?v=nyGKs-M8SeU https://www.youtube.com/watch?v=v-3zwsufih0 https://www.youtube.com/watch?v=ctLc31foiZE Author: http://www.youtube.com/channel/UC4E4CgNyGPAX9HJH8eEJAdw University of Groningen EPISODE 1: Debt, a great invention is the first episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money systems developped over the years into the financial system we have today. All modern money is debt created by banks and this system has and can potentially bring us great wealth. EPISODE 2: How bubbles grow is the second episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. With non-productive purposes mainly being asset markets. Here excessive debt causes the prices of these assets to go up. The market does not correct for this. This leads to bubbles and a large debt burden which are a drag on the EPISODE 3: Why crises occur is the third episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how a debt fuelled asset bubble is always doomed to burst. This leads to a selve enforcing process of debt reduction that spirals into the real economy. This is why we call our crisis today a debt crisis or a credit crunch. EPISODE 4: The post-bubble economy is the fourth and final episode of a video lecture by Dirk Bezemer from the University of Groningen. After exploring how money is debt created by banks and how this can both help and hurt our economy. Is it possible to create an economic system that does not produce bubbles and crises? And is it possible to solve our current debt crisis? We need to restructure unsustainable debt, redirect bank lending to productive purposes and get productive bank lending going again. And finally the economic science should pay close attention to Debt, one of its most important variables. https://www.facebook.com/DebtTheGoodT... Production Team: Joeri Schasfoort, Koen Drewes, Dani\xc3\xabl Houben, Dirk Bezemer, Niek de Boer Music: Turning Point: Kung Fu Jonny OST, by Professor Kliq https://soundcloud.com/professorkliq/... CC 3.0 Unported - http://creativecommons.org/licenses/b... Images: Frankfurt, KFW-Hochhaus, by Karsten Ratzke CC0 1.0 http://commons.wikimedia.org/wiki/Fil... CC0 1.0 Universal - http://creativecommons.org/publicdoma... Facade of New York Stock Exchange, by DonatingPictures http://commons.wikimedia.org/wiki/Fil... CC 3.0 Unported - http://creativecommons.org/licenses/b... NASDAQ stock market display, by bfishadow on Flickr http://commons.wikimedia.org/wiki/Fil... CC 2.0 Generic - http://creativecommons.org/licenses/b... Islamabad Stock Exchange Bull, by Danish47 http://commons.wikimedia.org/wiki/Fil... CC 3.0 Unported - http://creativecommons.org/licenses/b... House for sale, by The truth about http://commons.wikimedia.org/wiki/Fil... CC 2.0 Generic - http://creativecommons.org/licenses/b... Old Japanese houses Museum Nara, by hashi photo http://commons.wikimedia.org/wiki/Fil... CC 3.0 Unported - http://creativecommons.org/licenses/b... Islamabad Stock Exchange Bull, by Danish47 http://commons.wikimedia.org/wiki/Fil... CC 3.0 Unported - http://creativecommons.org/licenses/b... Facade of New York Stock Exchange, by DonatingPictures http://commons.wikimedia.org/wiki/Fil... CC 3.0 Unported - http://creativecommons.org/licenses/b... NASDAQ stock market display, by bfishadow on Flickr http://commons.wikimedia.org/wiki/Fil... CC 2.0 Generic - http://creativecommons.org/licenses/b... Video: Nederland van Boven, by VPRO http://nederlandvanboven.vpro.nl America - economic collapse - Debt - Money System - Banks - US history - economy documentary