Economics 101 — “How the Economic Machine Works.”
Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, “How does the economy really work?” Based on Dalio’s practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.
To learn more about Economic Principles visit: http://www.economicprinciples.org.
cool
Chess, recovery is going to be a long time coming for the ham & eggers. My buddy Ross explains it here in a prophetic plea, over 20 years ago: http://www.youtube.com/watch?v=FyCBfeDSnQQ
Nice, Unc!
Chess, it’s a great vid that you can apply to so may things, like the escalation of college tuition or parabolic healthcare costs.
Sure does show what a fine line Dr. Bernanke was having to walk…
That was awesome. Watched the whole darn thing. Thanks Chess. Really nice way to stimulate the brain on a warm, weekend morning. I’m not sure what stage we’re in exactly. Maybe coming out of the bottom? It still seems like we’re in some type of transition period and it’s not over yet.
as a one time super bull on FORD(cashed out at 16.50ish)…the despair is coming soon for bulls…working short,,target 13-12.50
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… this vid has been out there for quite some time … I have watched MANY times !
It is well worth your time to watch ! IMO
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While you’re at it … read a little about “Bridgewater Associates” … Dalio’s Hedge Fund !
Some have called it a “CULT” !
Whatever …
These GUYS have made a TON of money for their client/investors !
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Hadn’t seen this before and thoroughly enjoyed and benefited from it. Thanks for sharing!
Thanks, SNAFU!