How the economic machine works

This video by Ray Dalio is probably one of the most informative I have seen for a long time and it gives those without a background in economics a very simple and easy to understand model of what has been driving the recent financial crisis. It should be noted however that the model is very simplistic and doesn’t take into account a number of other factors such as international trade.

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The next financial crisis

An intriguing and thought provoking video showing how we may not have learnt from the lessons of the last financial crisis and how the same tools adopted to fix this crisis were also the tools responsible for its cause.

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