The global financial crisis goes by many names... one of which is the "Debt Crisis". To understanding how we got into our current situation, here are some good videos to explain it all... in a nutshell.
This first video is an excellent visualization of the crisis of credit - helps you to understand all the players and relations to one another.
This is another video on the debt crisis in the US (but affects the rest of the world, as we all run on the same or similar systems and are faced with similar problems)
A funny little video describing the debt owed in Europe:
This is a short animation on the origin of the Greek Crisis
And finally.... some food for thought. Noam Chompsky briefly discussing Capitalism and Anarchism.
Sunday, December 11, 2011
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