Here’s a very cleaver video written and directed by David McWilliams where he explains why the banks are being bailed out with your money.
Do you strive to understand what’s going on in the world of economics, but there just aren’t enough visual cues to help you along the way? Well, thankfully David McWilliams is on the case with his video entitled Punk Economics.
It’s his second ‘lesson’ in punk economics and it explains as to why the ECB’s massive cash for trash scheme, which means bailing out banks with your money, is in motion. It’s drawn on a wall for you, literally, so it should be easy to follow.
There’s not much else to say, so if you’ve been dying to understand what’s going on, here’s your chance. Be warned: it’s nine minutes, but they’ll be nine minutes well spent.
For more on David McWilliams and his teachings check out his website here.
