The Crisis of Credit Visualized

Films for Action , 2009
Level: beginner
Perspective: Post-Keynesian Economics
Topic: Crises
Format: Explainer Video
Duration: 00:11:10

The historical situation of low interest rates after the Fed's response to the 2001 crisis alongside with huge foreign money inflow to the US are presented as the historical context in which subprime lending and financial instruments like CDOs and CDS evolved. Then those instruments as well as the concept of leverage are explained briefly.

Go to: The Crisis of Credit Visualized


This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.