Understanding The Financial Crisis--For Kids and Grownups
Economy | Information | History | Online | Facts | World | Global | Money
Having difficulty understanding the 2008 US Financial Crisis? Here's a short animated video that explains - visually!
Comments
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As a prominent grade 2 student, this was a very informative video on the financial crisis due to incompetent investment bankers reducing the quality of home-buyers they were willing to accept. I will further debate classmates in my elementary school of the myriad of problems of financial regulation and support from Central Banks as a lender of last resort that cause moral hazard for financial intermediaries. Thank you for the video.
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Good thing this financial crisis happened, I like it when people suffer.
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Cryptocurrency is way easier to understand...
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Two stars out of four
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apparently there's going to be another crisis this year
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Not sure if the kids thing is a joke but this is far too complex for children.
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Not one word about derivatives, credit default swaps? Shameful.
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by giving 707 billions to save banks and by saying fuck you to all the american people
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Look up NICK HANAUER
NICK HANAUER
NICK HANAUER -
Another disinformational vid or you're some kind of dunce!
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BANKS do not maintain BIG deposits to back their loans, the people who get loans from banks deposit tons of REAL cash over time to the banks who never keep that real cash for further backing of loans. Banks give you digits on a computer and real people give their real cash!!!
Those are THE real facts with banks and I speak from EXPERIENCE!!! -
i am 4 years old, and I understood this really well! thanks
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#maricon mamamela
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Brainwash the kids with a lie. Get you definition of Money and Currency correct.
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not good
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Rothschild family owns almost everything. To own more they create a crisis to steal even more mostly from the poor.
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Got lost at the part when it started discussing "mortgage backed securities", I keep hearing this phrase and that's basically where my comprehension ends.
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This is very interesting! The poor people never have money and now we say that is theirs fault. Please American, for a change think. When money is lost, someone has find it or it was destroyed. What was the case this time??????
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get rid of credit and lower home prices
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This is definitely not tailored for kids.
4m 9sLenght
1008Rating