The Crisis of Credit Visualized

The Crisis of Credit Visualized
Films for Action, 2009
Level: beginner
Perspective: Post-Keynesian Economics
Topic: Crisis
Format: Short Film
Duration: 00:11:10
Link: https://vimeo.com/3261363

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.


Nous soutenir

Ce projet le fruit du travail des membres du réseau international pour le pluralisme en économie, dans la sphère germanophone (Netzwerk Plurale Ökonomik e.V.) et dans la sphère francophone (Rethinking Economics Switzerland / Rethinking Economics Belgium / PEPS-Économie France). Nous sommes fortement attachés à notre indépendance et à notre diversité et vos dons permettent de le rester !