Understanding the Economic Crisis
Some of the questions that have been haunting me ever since the economic crisis started are What is this so called economic crisis and how it is caused? What is the meaning of all the terminology that they are using such as inflation, credit crunch, etc? How will the economic crisis effect us? How is money created? Are the governments around the world doing the right things? Is there a relation between the oil prices and the current economic crisis? Can the problem be solved and if it can be solved for how long will it go on? I have been looking around for these answers and came across The Crash Course by Chris Martenson . It is divided into the following chapters and it goes on for a total of a little more than 3 hours. Chapter 1: Three Beliefs (Time: 1:46) Chapter 2: The Three "E"s (Time: 1:38) Chapter 3: Exponential Growth (Time: 6:20) Chapter 4: Compounding is the Problem (Time: 3:06) Chapter 5: Growth vs. Prosperity (Time: 3:40) Chapter 6: What is Money? (