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Understanding The Financial Crisis–For Kids and Grownups
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Understanding The Financial Crisis–For Kids and Grownups
financial crisis 2008
ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่
ดูวิธีการทำเงินออนไลน์ล่าสุดทั้งหมด: ดูเพิ่มเติมที่นี่
43 comments
The part that I don't understand is how exactly did banks close down? Investors were buying the mortgage bank securities from the bank right? So the bank was making money from them was it not?
I was a 1 year old in 2008 at the financial collapse
12 Years of Financial Collapse. Mostly 2008 was the target year of the financial collape.
Still far
Can I have such video for toddlers?
hard to understand
21 yrs and did not understand
but i dont know how people at other firms lost their jobs due to this… and i dont understand how this also affected other businesses around the world.
so demand increased on houses because of the sub-mortgage… which lead to increase in prices which then lead to an increase in number of investors on MBS … but eventually with increasing prices and people with sub-mortgages could not pay for the increase in prices. which resulted in decrease in demand and prices went down and banks where left with many investors waiting for their returns that depended on mortgage payments so the only way investors can get their returns were through the banks money then the banks went bankrupt and people lost their jobs and houses … thats what i understood…
Still too complicated.
Clear
This thing are poorly explained
Maybe if I watch 20 more videos about this I will finally understand it. Still did not understand this one and I'm 16. Definitely not tailored to kids…
lost me at 1:57 nvm carry on
Sesame street would have done this better.
as a 12 year old.i did not understand or get anything
kids if you don't understand this evil financial sysyem no prob. just tell your parents to buy some physical gold out of the paper currency.
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.
Good thing this financial crisis happened, I like it when people suffer.
Cryptocurrency is way easier to understand…
Two stars out of four
apparently there's going to be another crisis this year
Not sure if the kids thing is a joke but this is far too complex for children.
Not one word about derivatives, credit default swaps? Shameful.
by giving 707 billions to save banks and by saying fuck you to all the american people
Look up NICK HANAUER
NICK HANAUER
NICK HANAUER
Another disinformational vid or you're some kind of dunce!
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
Brainwash the kids with a lie. Get you definition of Money and Currency correct.
not good
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.
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??????
get rid of credit and lower home prices
This is definitely not tailored for kids.
You are fucking deluded if you think there is any hope for you or your children without the truth that can be checked in life itself. Search for "The Truth Contest" site on Google.
THANK YOU SOOOOO MUCH THIS HELPED ME ALOT…
Why don't you just use the two most important words to explain what went wrong and go with George Bush.
I voted for the man – I think I can be angry at him if I feel like it.
this is poorly explained
Is this video being Ironic? the flippant and casual approach to credit which is ascribed in the first few seconds is why there was a problem in the first place! Credit in the form described is not a mandatory component of a functioning society This video scared me. Was it produced by a lobbying organisation paid for by the financial institutions. If there had been a more circumspect attitude to credit, there would not have been the problem. As a historical footnote money lending for profit 'Usury' used to be a crime. The bible also took a fairly dim view. 'If you lend money to My people, to the poor among you, you are not to act as a creditor to him; you shall not charge him interest'.
Lmao, I know right?
But instead of arresting the bankers for doing this the government decided to bail them out. Enjoy your debt USA.
this is overly complicated,
this is how you tell your kids:
America. Is. Retarded.
there, wasn't so difficult now is it?
yep thats correct. most of the people are losing their money in penny stocks without much guidance. just listen for now, One of my friend making tons of money from penny stocks with professional easy guidance. its worth a try here –> bit.ly/15wJ2ts?=novdwo