Get it all in 5 minutes. If you don't have a clear perception of the Debt Cycles, I recommend watching "How the Economic Machine Works".
The learning outcomes of this video are the following:
The learning outcomes of this video are the following:
- How Debts are accumulated
- What are Debt securities and why they are issued
- Short term and Long term Debt Cycle and their implications.
- Personal Bankruptcy as an equivalent to Government Defaults.
- The Fatal 1:23 ratio Japan is bound to.
- Need for Foreign Bond Buying Program.
- Relationship between Consumer Prices, Nominal Yields and Real Yields.