Tag Archives: global financial crisis

Financial Crisis – Money As Debt 2

This is the second in the series of the ‘Money As Debt’ films by Paul Grignon and this one was released in 2009. You can see the first one, released in 2002 by clicking HERE.

This second film was made as a response to the global financial crisis of 2008. Therefore it goes a little further into interest burdens, bailouts, stimulus packages and the ‘gambling economy.’

It also explains aspects of the law and how they relate to the financial system and the economic crisis. I will add ‘Money As Debt 3 – Evolution Beyond Money’, as soon as it becomes available for embedding.

These films are ideal for anyone who is new to this subject, as they take their time to explain complex concepts and utilise animations to demonstrate the important points.