Home » Global Financial Crisis explained in 96 seconds. financial crisis 2008 explained

Global Financial Crisis explained in 96 seconds. financial crisis 2008 explained

by Dragonspear



A simple explanation of what’s wrong with the global economy, and why it’s getting worse. .

Images related to the topic financial crisis 2008 explained

Global Financial Crisis explained in 96 seconds.

Global Financial Crisis explained in 96 seconds.

Search related to the topic Global Financial Crisis explained in 96 seconds.

#Global #Financial #Crisis #explained #seconds
Global Financial Crisis explained in 96 seconds.
financial crisis 2008 explained
See all the latest ways to make money online: See more here
See all the latest ways to make money online: See more here

Related Posts

47 comments

martin menendez 13/09/2021 - 6:49 Chiều

Thanks for the Video clip! Excuse me for butting in, I would love your initial thoughts. Have you heard the talk about – Saankramer Debacle Collapse System (just google it)? It is a great one of a kind product for learning how to conquer the coming world collapse without the hard work. Ive heard some interesting things about it and my close friend Aubrey at very last got great success with it.

Reply
Anthony Gachie 13/09/2021 - 6:49 Chiều

Appreciate Video clip! Apologies for chiming in, I am interested in your thoughts. Have you thought about – Saankramer Debacle Collapse System (Sure I saw it on Google)? It is an awesome exclusive product for learning how to conquer the coming world collapse minus the hard work. Ive heard some great things about it and my mate after many years got excellent success with it.

Reply
Harrison Gee 13/09/2021 - 6:49 Chiều

wehe

Reply
Ismail 13/09/2021 - 6:49 Chiều

Ms

Reply
Peter Mullen 13/09/2021 - 6:49 Chiều

Wouldn't it be nice if one could "actually" explain the world economy in 96 seconds? Unfortunately it's not possible to do so, and only a fool would believe it to be otherwise.
What's at the heart of the entire system is the mentality of winner take all, zero sum games, greed, ignorance, and a complete lack of understanding that we on this earth are all now globally connected. There is no such thing as a Chinese economy, or British, or American, or European economy. The interconnections, and interdependency is nearly absolute. The tweaks and tinkering are like trying to put a bandaid on a massive head wound. There's only one way back to stability, and that is to "spread the wealth", forgive debts, and provide the best possible education for every single man woman, and child with the same gusto as we build nuclear arsenals, tanks, and fighter bombers. Our biological environment, and our economies are inextricably linked. Until we admit this, and act accordingly we are headed for continued financial instability, and endless crisis.

Reply
Khalid Al-Anzy 13/09/2021 - 6:49 Chiều

I would destroy interest on loans.

Reply
maroctech 13/09/2021 - 6:49 Chiều

Interest is the root of the problem

Reply
Active Vegan 13/09/2021 - 6:49 Chiều

Subprime lending , low interest rates imposed by fed, mortgage backed securities , collateralized debt obligations, credit default swaps. Everyone played a role in making this collapse. But the biggest culprit of all are not the banks but the government. Bitcoin > fiat currency.

Reply
Rowen Edward 13/09/2021 - 6:49 Chiều

Country B is german?

Reply
Pazzo Redento 13/09/2021 - 6:49 Chiều

Did you say simple? How about simplistic" And what has it to do with the GFC? Nothing! It doesn't even mention it!

Reply
Amaro loh 13/09/2021 - 6:49 Chiều

Simple and best video. Thank you.

Reply
vistagraphsnet 13/09/2021 - 6:49 Chiều

You dont pay interest if you pay off the balance every month

Reply
doctor flame 13/09/2021 - 6:49 Chiều

What a dumb video. This man has a tenuous grasp of economics.

Reply
Gtrx 13/09/2021 - 6:49 Chiều

Nobody asks where the interest goes? 0.1%?

Reply
Kelevra 13/09/2021 - 6:49 Chiều

i agree with everything but slightly annoyed that the author did not mention that if you can only pay part of the interest 'and you keep borrowing money' then that makes the debt burden even worse.

Reply
Lester C 13/09/2021 - 6:49 Chiều

The video makes sense but in no way shape or form explains the GLOBAL FINANCIAL CRISIS. WTF? Change the title or take it down. Any global crisis video that doesn't mention US Housing bubble, Banks and CDOS is wrong.

Reply
Jacob Averbeck 13/09/2021 - 6:49 Chiều

That was 95 seconds not 96. I don't trust this guy anymore.

Reply
Brad Cowen 13/09/2021 - 6:49 Chiều

This is more and more becoming worrying news for investors
https://www.facebook.com/investmentsabroad

Reply
SuperRandomForum 13/09/2021 - 6:49 Chiều

This is happening in Sweden, and we are not in Euro zone!!!

Reply
Justin Crediblename 13/09/2021 - 6:49 Chiều

And the countries and leaders that propose sound currency to avoid such problems get destroyed and killed. Nothing suspicious to see there, eh?

Reply
sayenshin 13/09/2021 - 6:49 Chiều

Strange… I didn't hear the word ''bank'' in this video…

Reply
gameking008 13/09/2021 - 6:49 Chiều

Every country in the world's debt is growing? That doesn't make sense. Shouldn't the net debt in the world be 0?

Reply
thetasound hereandnow 13/09/2021 - 6:49 Chiều

Ancient Babylonians knew very simple math modern "economists" refuse to see.

A loan on 5% interest doubles the amount owed in less than 15 years.

Add to this the current banksters swindle where modern money in circulation (FIAT money, or debt based money) has long ago ceased to have anything to do with real goods and production and you have a premeditated fraud specially devised to create CHAOS so certain people can play "Saviors" by providing you with a solution that will take away from you ANY form of freedom, simply so that they will able to rule as "One World Government".

The idea is a very simplistic one. Everybody will be so disgusted with everything that they will be just ripe to beg: "Save us. Save us. Oh please, oh please SAVE US!" And the "saviors" will say. "Oh, it's very simple. You only have to abolish money and you are all set. And then, blah, blah, …" 

They don't tell you that along with that, there goes all of your rights to property, freedom, individual thought, all of that goes by the boards, but that's only a minor detail in "saving" you, see?

What a childish idiotic way to effect a "One World Government" indeed …

They will do anything and everything to create that chaos and havoc not only in the economy, but also in social problems, wars, and so on, the entire package.

Well, I don't blame them. That's all they know, so that's what they do. Typical behavior of criminals and idiots:

Utterly unable to think of consequences

Reply
Matthew Hammond 13/09/2021 - 6:49 Chiều

This is amazingly wrong.

Reply
DavidJHilt 13/09/2021 - 6:49 Chiều

Let's get things straight for someone who may be interested in learning about the Global Financial Crisis (note the capitals for the proper noun – i.e. it's a proper name).  This is not about the Global Financial Crisis, this is more of generic complaint about an aspect of the current international financial system (you can agree or, like most economists, disagree with it).

Reply
Kiyan Kurji 13/09/2021 - 6:49 Chiều

Republicans: Cut Taxes, cut government spending…but let's just give the military money we don't have.

Reply
GREGORY BEARD 13/09/2021 - 6:49 Chiều

Why would they get angry after sending their money to foreigners.?

Reply
Scots Grey 13/09/2021 - 6:49 Chiều

Solution: Don't spend on stuff you can't afford lol 

Reply
Casper Christensen 13/09/2021 - 6:49 Chiều

What is the truth of life? There is a site called The Truth Contest (Look it up)

Reply
Deivis Bluznevicius 13/09/2021 - 6:49 Chiều

The only solution is that citizens start buying the debt of their country. Especially the rich ones who posses country's obligation. By doing so they will destroy money.

Reply
...And Jam Tracks For All 13/09/2021 - 6:49 Chiều

oversimplification

Reply
Luke Almodiel 13/09/2021 - 6:49 Chiều

is economic crisis same with financial cris? please help me.

Reply
KX Zang 13/09/2021 - 6:49 Chiều

And I am amazed that u could explain economic crisis is 96 seconds.

Reply
Mario Lourenco 13/09/2021 - 6:49 Chiều

Er, the thing is… Banks lend money to countries (governments) and that's why "they", the zionists came up with a brilliant (not) idea,  "The Central Banks". So, governments are in banksters pockets… 

Reply
AdstarAPAD 13/09/2021 - 6:49 Chiều

This is wrong.. They do not ow countries money. They own bankers money..  Very deceptive explanation designed to divert anger of the people away from the bankers towards other nations.. cunning…

Reply
Kapten-N 13/09/2021 - 6:49 Chiều

If two countries owe eachother money they should just make a deal to nullify the depts. Sounds like both countries would win from doing so.

Reply
Althea Flora 13/09/2021 - 6:49 Chiều

Welcome to Economic Misinformation 101.

Reply
Robert Sandberg 13/09/2021 - 6:49 Chiều

This world wide economic crisis looks like it might give rise to the antichrist should it collapse. DO NOT TAKE THE MARK OF THE BEAST! Get a King James Bible and READ IT!

Reply
Manawa 13/09/2021 - 6:49 Chiều

Its about the time people start bitching about multiculturalism and immigrants. Bunch of poor, dumb fucks looking for scapegoats.

Reply
jpheitman 13/09/2021 - 6:49 Chiều

…Of course, "money leaving the country" isn't all that bad for the US, as roughly two-thirds of US debt is held domestically. 

Reply
Wigen Yousefian 13/09/2021 - 6:49 Chiều

Thanks for sharing .

Reply
Green_Dragon13 13/09/2021 - 6:49 Chiều

And what have we learned? FUCK INTEREST!

Reply
trefod 13/09/2021 - 6:49 Chiều

Strike all debt, reset to zero and rethink premise.

Reply
Holly Snow 13/09/2021 - 6:49 Chiều

It is a vicious cycle

Reply
Z-Statistic 13/09/2021 - 6:49 Chiều

This video handwaves very important things such as how inflation interacts with interest, when governments should run deficits and when they should save, and why governments default. It also ignores the fact that a government's debt is not just to other countries; some countries, like the US, have debt that is mainly owed to both the citizens of the country and the government itself.

Reply
H K 13/09/2021 - 6:49 Chiều

interest = bad

Reply
Michael Strike 13/09/2021 - 6:49 Chiều

It's a debt-based currency. Where does the money for interest on the Federal deficits come from? It has to be borrowed into existence. But where does the money for interest for that loan come from? It has to be borrowed into existence as well. The cycle is perpetual, and will always continue to grow in debt until it collapses. "If something can't go up (or down) forever, it won't." People don't realize that the system is working as designed. It is a debt-based fiat currency. We HAVE to keep going further into-debt in order to maintain the status quo. We need to keep the Federal Reserve's monopoly over our fiat currency in order to maintain the wealth disparity. The monetary system is a machine, and it is working well, but working well for who?

Reply

Leave a Comment