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DEBT episode 3: Why crises occur

  • Uploaded by Diginfo on Jun 26, 2013
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EPISODE 3:Why crises occur is the third episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how a debt fuelled asset bubble is always doomed to burst. This leads to a selve enforcing process of debt reduction that spirals into the real economy. This is why we call our crisis today a debt crisis or a credit crunch. (Dutch subtitles included)https://www.facebook.com/DebtTheGoodTheBadAndTheUglyProduction Team: Joeri Schasfoort, Koen Drewes, Danil Houben, Dirk Bezemer, Niek de BoerMusic: Turning Point: Kung Fu Jonny OST, by Professor Kliqhttps://soundcloud.com/professorkliq/turning-pointCC 3.0 Unported - http://creativecommons.org/licenses/by/3.0Images:Islamabad Stock Exchange Bull, by Danish47http://commons.wikimedia.org/wiki/File:Islamabad_Stock_Exchange_Bull.JPGCC 3.0 Unported - http://creativecommons.org/licenses/by/3.0House for sale, by The truth abouthttp://commons.wikimedia.org/wiki/File:House_for_sale.jpegCC 2.0 Generic - http://creativecommons.org/licenses/by/2.0Old Japanese houses Museum Nara, by hashi photohttp://commons.wikimedia.org/wiki/File:Old_Japanese_houses_Museum_Nara.JPGCC 3.0 Unported - http://creativecommons.org/licenses/by/3.0Video: Nederland van Boven, by VPROhttp://nederlandvanboven.vpro.nl



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