Feb
25th
2009

Video: Understanding the Financial Crisis

by Paul Prins at 9:36 am

With the current financial crisis on the news and minds of everyone day in and day out. This ten minute video does a very good job at explaining the macro-economic cause/effect of the crisis and how we got to where we are today, without all the technical jargon.

If you are a minister and don’t understand the crisis. This is worth your time. The people you minister too will be thankful you took time to understand how things got where they are.

Note: While this makes brief mention of the dot com bust and September 11th, the deferment of those slow-downs can’t be over estimated. Be careful not to extend blame to any single administration (bush, clinton, etc) or government policy as this can easily be tracked back decades to the root cause (if there even is one aside from greed). Issues of regulation, oversight and so on are constantly/hotly debated in congress.

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One Response to “Video: Understanding the Financial Crisis”

  1. How to bridge the ’scholastic’ chasm? | Marketing and Management Thoughts Says:

    [...] film we can communicate and encourage the world. By creating thoughtful projects (like this secular piece describing the financial crisis) we can help people see the unseen and [...]

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