Tag: financial crisis

Debt, Deficits, and Austerity

Hey everyone, it’s Mexie, and welcome to the second promised video from the Twitter poll Debt, Deficits, & Austerity So, I’m going to start by throwing just a few completely oversimplified definitions at you So that we all *generally* understand what I mean by each of those terms In this discussion we’ll be talking a […]

Read More

Is the National Debt a National Disaster?

As many of you know, the national debt is now well over $21 trillion. And again, we’re now getting confirmation from Secretary of the Treasury, Steve Mnuchin as he testifies on the annual report of the financial stability oversight council, before the House Financial Services Committee in Rayburn House Office Building on Capitol Hill on […]

Read More

Why is there so much Debt?

Why is there so much debt? 10 years before the financial crisis started, individuals and families in the UK had a total of £480 billion of debt. Since then, our debt has more than doubled. But who did we borrow all this money from? Was it from an army of grannies who have spent their […]

Read More

How is money really made by banks? – Banking 101 (Part 3 of 6)

Before we start looking at how money is really created, we need to have a quick look at what types of money we actually use in the economy. There’s actually three types of money that we use in the economy. As a member of the public, you will only have ever used two of them. […]

Read More

Why is the CHINESE Economy ADDICTED to DEBT? – VisualPolitik EN

We can´t hide it, here at VisualPolitik we love Asia, and that’s partly because, we believe that the world’s centre is already on this continent. But in the last few decades, one country has stood out of the crowd, and that is China. For its huge size and the speed at which this country is […]

Read More