-
Money & Debt: Crash Course World History 202
In which John Green teaches about filthy, filthy lucre. Money. And Debt. So, what is money? And what is it for? And why do we use money? And why does it all disappear so quickly after payday? John will look into 75% of these questions, and if he doesn't come up with answers, we'll get into some interesting ideas along the way, at least. This week we'll investigate whether money displaces barter, then leads to war, slavery, and what we think of as civilized social orders. We'll also see what old Adam Smith thinks of big money, no whammies, this week on Crash Course.
Reference:
Debt: The First 5000 Years by David Graeber: https://bit.ly/3KZsPI0
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Want to find Crash Course elsewhere on...
published: 18 Jul 2014
-
Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today.
You can find links to all of Michael's books at his website https://Michael-Hudson.com
You can support Michael on Patreon at Patreon.com/MichaelHudson
|| Geopolitical Economy Report ||
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/GeopoliticalEconomy
Podcast: https://Soundcloud.com/GeopoliticalEconomy
Newsletter: https://GeopoliticalEconomy.Substack.com
published: 25 May 2023
-
Debt: The First 5,000 Years | David Graeber | Talks at Google
DEBT: The First 5,000 Years
While the "national debt" has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance of debt.
For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors' children into slavery. By the same token, for the past five thousand years, popular insurrections have begun the same way: with the ritual destruction of debt records—tablets, papyri, ledgers; whatever form they might have taken in any particular time and place.
Enter an...
published: 09 Feb 2012
-
What Happened to the Debts of Conquered Countries
Conquering land sounds like a pretty good deal ... which is why it was a very popular activity for most of human history! But, as with all good things, someone eventually comes around and spoils the fun for everybody: in this case, that someone was German philosophers, who decided that conquered land should carry its debts to its new owner.
-------------------------------------------------------------------
If you'd like to see more of these videos, consider supporting me on Patreon: https://www.patreon.com/sidequest_channel
Have a fancy historical idea you'd like me to cover? Drop a comment and let me know!
-------------------------------------------------------------------
A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity:
JK, Leloo Wolf, DeityT...
published: 16 Oct 2020
-
Who Is the US In Debt to?
It was 1917 when the United States had just joined World War I. With demands for military investment growing, the US Treasury Department was in desperate need of money. Without enough of its own, the Treasury Department had to borrow it from someone, but was also constitutionally required to receive congressional approval to take on debt and make financial decisions. Rather than oversee every increasingly common request and transaction, Congress figured, “Hey, let's give the Treasury Department power to oversee their own debt! But we have to limit that so we don't get ourselves in any trouble."
Thus the debt ceiling was born. It was a means to allow the Treasury Department to get money, accrue debt, and invest in everything the government needed to invest in without requiring constant app...
published: 02 Aug 2023
-
The history of debt: Real Economy vs. Financial Economy
CLICK TO WATCH FULL DOCUMENTARY ONLINE: https://docsonline.tv/when-bubbles-burst/?utm_source=youtube&utm_medium=description&utm_content=the-history-of-debt:-real-economy-vs.-financial-economy
THIS FRAGMENT OF THE DOCUMENTARY "WHEN BUBBLES BURST" IS FOR PROMOTION PURPOSES ONLY. WE DO NOT OWN THE MATERIAL EXCLUSIVELY, BUT HAVE A LICENSE CONTRACT FOR INTERNET STREAMING.
If unavailable in your territory, or if you are interested in other license requests (feature movie, television, documentary, commercial...), please contact the distributor Java Films: contact@javafilms.fr
Story
When Bubbles Burst provides a fascinating glimpse into the inner workings of the global economy, examining the mechanics behind economic bubbles, crashes and suggesting trends for the future. The film shows the g...
published: 16 Jun 2014
-
David Graeber: debt and what the government doesn't want you to know | Comment is Free
There is one taboo of economics that the government is hiding from the public, argues David Graeber: it is the fact that if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back.
Subscribe to The Guardian on YouTube ► http://is.gd/subscribeguardian
Support the Guardian ► https://support.theguardian.com/contribute
Today in Focus podcast ► https://www.theguardian.com/news/series/todayinfocus
Sign up for the Guardian documentaries newsletter ► https://www.theguardian.com/info/2016/sep/02/sign-up-for-the-guardian-documentaries-update
The Guardian ► https://www.theguardian.com
The Guardian YouTube network:
Guardian News ► http://is.gd/guardianwires...
published: 28 Oct 2015
-
David Graeber on Debt, Service, and the Origins of Capitalism
Professor David Graeber (LSE) speaking at the University of Birmingham as part of the Birmingham Research Institute of History and Cultures' interdisciplinary conference 'Debt: 5000 years and counting'.
David Graeber (1961 – 2020) was an American anthropologist and anarchist activist. His influential work in economic anthropology, particularly his books Debt: The First 5,000 Years (2011) and Bullshit Jobs (2018), and his leading role in the Occupy movement, earned him recognition as one of the foremost anthropologists and left-wing thinkers of his time.
published: 09 Jun 2018
-
Who does the US Owe its $31 Trillion debt? (National Debt Explained)
The US is in a lot of debt. Currently, the country owes $28.2 trillion dollars. But… who would even lend them that much money? Who does the US owe this massive sum!?
Well, the answer to that is pretty simple. In large part it owes itself that much money… but there’s also quite a few other countries it owes too.
Hate my video and just want the answer? Here's the breakdown:
33% US Investors
12% Federal Reserve
27% US Government
28% Foreign Investors & Governments
Media:
Strange Stuff
Divider by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://chriszabriskie.com/divider/
Artist: http://chriszabriskie.com/
published: 04 Oct 2021
-
The US Debt Situation Explained
This video is sponsored by Morning Brew - use the following link to sign up for their awesome newsletter: https://morningbrewdaily.com/theplainbagel
If you’d like to learn more about the US debt ceiling specifically, check out this excellent video by @PBoyle: https://youtu.be/vSN3K_Etxyw
A big thank you to @MoneyMacro for helping with this video!
With news of the US debt ceiling standoff, I wanted to take the opportunity to discuss the larger story around the federal government's burgeoning debt load, and whether it spells danger for the American economy.
If you'd like to support the channel, you can do so at https://www.patreon.com/ThePlainBagel :)
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investm...
published: 03 Mar 2023
14:04
Money & Debt: Crash Course World History 202
In which John Green teaches about filthy, filthy lucre. Money. And Debt. So, what is money? And what is it for? And why do we use money? And why does it all dis...
In which John Green teaches about filthy, filthy lucre. Money. And Debt. So, what is money? And what is it for? And why do we use money? And why does it all disappear so quickly after payday? John will look into 75% of these questions, and if he doesn't come up with answers, we'll get into some interesting ideas along the way, at least. This week we'll investigate whether money displaces barter, then leads to war, slavery, and what we think of as civilized social orders. We'll also see what old Adam Smith thinks of big money, no whammies, this week on Crash Course.
Reference:
Debt: The First 5000 Years by David Graeber: https://bit.ly/3KZsPI0
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
Twitter - http://www.twitter.com/TheCrashCourse
Instagram - https://www.instagram.com/thecrashcourse/
CC Kids: http://www.youtube.com/crashcoursekids
https://wn.com/Money_Debt_Crash_Course_World_History_202
In which John Green teaches about filthy, filthy lucre. Money. And Debt. So, what is money? And what is it for? And why do we use money? And why does it all disappear so quickly after payday? John will look into 75% of these questions, and if he doesn't come up with answers, we'll get into some interesting ideas along the way, at least. This week we'll investigate whether money displaces barter, then leads to war, slavery, and what we think of as civilized social orders. We'll also see what old Adam Smith thinks of big money, no whammies, this week on Crash Course.
Reference:
Debt: The First 5000 Years by David Graeber: https://bit.ly/3KZsPI0
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
Twitter - http://www.twitter.com/TheCrashCourse
Instagram - https://www.instagram.com/thecrashcourse/
CC Kids: http://www.youtube.com/crashcoursekids
- published: 18 Jul 2014
- views: 2433258
1:30:54
Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2...
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today.
You can find links to all of Michael's books at his website https://Michael-Hudson.com
You can support Michael on Patreon at Patreon.com/MichaelHudson
|| Geopolitical Economy Report ||
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/GeopoliticalEconomy
Podcast: https://Soundcloud.com/GeopoliticalEconomy
Newsletter: https://GeopoliticalEconomy.Substack.com
https://wn.com/Origins_Of_Debt_Michael_Hudson_Reveals_How_Financial_Oligarchies_In_Greece_Rome_Shaped_Our_World
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today.
You can find links to all of Michael's books at his website https://Michael-Hudson.com
You can support Michael on Patreon at Patreon.com/MichaelHudson
|| Geopolitical Economy Report ||
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/GeopoliticalEconomy
Podcast: https://Soundcloud.com/GeopoliticalEconomy
Newsletter: https://GeopoliticalEconomy.Substack.com
- published: 25 May 2023
- views: 67866
1:21:10
Debt: The First 5,000 Years | David Graeber | Talks at Google
DEBT: The First 5,000 Years
While the "national debt" has been the concern du jour of many economists, commentators and politicians, little attention is ever p...
DEBT: The First 5,000 Years
While the "national debt" has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance of debt.
For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors' children into slavery. By the same token, for the past five thousand years, popular insurrections have begun the same way: with the ritual destruction of debt records—tablets, papyri, ledgers; whatever form they might have taken in any particular time and place.
Enter anthropologist David Graeber's Debt: The First 5,000 Years (July, ISBN 978-1-933633-86-2), which uses these struggles to show that the history of debt is also a history of morality and culture.
In the throes of the recent economic crisis, with the very defining institutions of capitalism crumbling, surveys showed that an overwhelming majority of Americans felt that the country's banks should not be rescued—whatever the economic consequences—but that ordinary citizens stuck with bad mortgages should be bailed out. The notion of morality as a matter of paying one's debts runs deeper in the United States than in almost any other country.
Beginning with a sharp critique of economics (which since Adam Smith has erroneously argued that all human economies evolved out of barter), Graeber carefully shows that everything from the ancient work of law and religion to human notions like "guilt," "sin," and "redemption," are deeply influenced by ancients debates about credit and debt.
It is no accident that debt continues to fuel political debate, from the crippling debt crises that have gripped Greece and Ireland, to our own debate over whether to raise the debt ceiling. Debt, an incredibly captivating narrative spanning 5,000 years, puts these crises into their full context and illuminates one of the thorniest subjects in all of history.
ABOUT THE AUTHOR
David Graeber teaches anthropology at Goldsmiths College, University of London. He is the author of Towards an Anthropological Theory of Value, Lost People, and Possibilities: Essays on Hierarchy, Rebellion, and Desire.
This talk was hosted by Boris Debic on behalf of the Authors@Google program.
https://wn.com/Debt_The_First_5,000_Years_|_David_Graeber_|_Talks_At_Google
DEBT: The First 5,000 Years
While the "national debt" has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance of debt.
For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors' children into slavery. By the same token, for the past five thousand years, popular insurrections have begun the same way: with the ritual destruction of debt records—tablets, papyri, ledgers; whatever form they might have taken in any particular time and place.
Enter anthropologist David Graeber's Debt: The First 5,000 Years (July, ISBN 978-1-933633-86-2), which uses these struggles to show that the history of debt is also a history of morality and culture.
In the throes of the recent economic crisis, with the very defining institutions of capitalism crumbling, surveys showed that an overwhelming majority of Americans felt that the country's banks should not be rescued—whatever the economic consequences—but that ordinary citizens stuck with bad mortgages should be bailed out. The notion of morality as a matter of paying one's debts runs deeper in the United States than in almost any other country.
Beginning with a sharp critique of economics (which since Adam Smith has erroneously argued that all human economies evolved out of barter), Graeber carefully shows that everything from the ancient work of law and religion to human notions like "guilt," "sin," and "redemption," are deeply influenced by ancients debates about credit and debt.
It is no accident that debt continues to fuel political debate, from the crippling debt crises that have gripped Greece and Ireland, to our own debate over whether to raise the debt ceiling. Debt, an incredibly captivating narrative spanning 5,000 years, puts these crises into their full context and illuminates one of the thorniest subjects in all of history.
ABOUT THE AUTHOR
David Graeber teaches anthropology at Goldsmiths College, University of London. He is the author of Towards an Anthropological Theory of Value, Lost People, and Possibilities: Essays on Hierarchy, Rebellion, and Desire.
This talk was hosted by Boris Debic on behalf of the Authors@Google program.
- published: 09 Feb 2012
- views: 765342
6:59
What Happened to the Debts of Conquered Countries
Conquering land sounds like a pretty good deal ... which is why it was a very popular activity for most of human history! But, as with all good things, someone ...
Conquering land sounds like a pretty good deal ... which is why it was a very popular activity for most of human history! But, as with all good things, someone eventually comes around and spoils the fun for everybody: in this case, that someone was German philosophers, who decided that conquered land should carry its debts to its new owner.
-------------------------------------------------------------------
If you'd like to see more of these videos, consider supporting me on Patreon: https://www.patreon.com/sidequest_channel
Have a fancy historical idea you'd like me to cover? Drop a comment and let me know!
-------------------------------------------------------------------
A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity:
JK, Leloo Wolf, DeityTV, Oskari Liukku, Robbie Trencheny, pmck, Sam
-------------------------------------------------------------------
Further Reading:
The Succession of States and the Problem of State Debts by P. K. Menon - https://core.ac.uk/download/pdf/71463051.pdf
The Concept of Odious Debt in Public International Law by Robert Howse - https://unctad.org/en/docs/osgdp20074_en.pdf
Sovereign Debt Defaults: Insights from History by Kim Oosterlinck - https://www.researchgate.net/publication/270786128_Sovereign_debt_defaults_Insights_from_history
Bondholder gains from the annexation of Texas and implications of the US bailout by Richard Burdekin - https://www.researchgate.net/publication/4950583_Bondholder_gains_from_the_annexation_of_Texas_and_implications_of_the_US_bailout
https://wn.com/What_Happened_To_The_Debts_Of_Conquered_Countries
Conquering land sounds like a pretty good deal ... which is why it was a very popular activity for most of human history! But, as with all good things, someone eventually comes around and spoils the fun for everybody: in this case, that someone was German philosophers, who decided that conquered land should carry its debts to its new owner.
-------------------------------------------------------------------
If you'd like to see more of these videos, consider supporting me on Patreon: https://www.patreon.com/sidequest_channel
Have a fancy historical idea you'd like me to cover? Drop a comment and let me know!
-------------------------------------------------------------------
A big THANK YOU to the selfless supporters of SideQuest for their limitless generosity:
JK, Leloo Wolf, DeityTV, Oskari Liukku, Robbie Trencheny, pmck, Sam
-------------------------------------------------------------------
Further Reading:
The Succession of States and the Problem of State Debts by P. K. Menon - https://core.ac.uk/download/pdf/71463051.pdf
The Concept of Odious Debt in Public International Law by Robert Howse - https://unctad.org/en/docs/osgdp20074_en.pdf
Sovereign Debt Defaults: Insights from History by Kim Oosterlinck - https://www.researchgate.net/publication/270786128_Sovereign_debt_defaults_Insights_from_history
Bondholder gains from the annexation of Texas and implications of the US bailout by Richard Burdekin - https://www.researchgate.net/publication/4950583_Bondholder_gains_from_the_annexation_of_Texas_and_implications_of_the_US_bailout
- published: 16 Oct 2020
- views: 2630017
12:18
Who Is the US In Debt to?
It was 1917 when the United States had just joined World War I. With demands for military investment growing, the US Treasury Department was in desperate need o...
It was 1917 when the United States had just joined World War I. With demands for military investment growing, the US Treasury Department was in desperate need of money. Without enough of its own, the Treasury Department had to borrow it from someone, but was also constitutionally required to receive congressional approval to take on debt and make financial decisions. Rather than oversee every increasingly common request and transaction, Congress figured, “Hey, let's give the Treasury Department power to oversee their own debt! But we have to limit that so we don't get ourselves in any trouble."
Thus the debt ceiling was born. It was a means to allow the Treasury Department to get money, accrue debt, and invest in everything the government needed to invest in without requiring constant approval from Congress, while still allowing Congress to control the total amount of debt accrued.
Be sure to subscribe to the Weird History Newsletter: https://www.ranker.com/newsletters/weird-history?utm_source=Youtube&utm_medium=WeirdHistory&utm_campaign=WHnewsletters&utm_content=description_box
#debt #debtceiling #weirdhistory
https://wn.com/Who_Is_The_US_In_Debt_To
It was 1917 when the United States had just joined World War I. With demands for military investment growing, the US Treasury Department was in desperate need of money. Without enough of its own, the Treasury Department had to borrow it from someone, but was also constitutionally required to receive congressional approval to take on debt and make financial decisions. Rather than oversee every increasingly common request and transaction, Congress figured, “Hey, let's give the Treasury Department power to oversee their own debt! But we have to limit that so we don't get ourselves in any trouble."
Thus the debt ceiling was born. It was a means to allow the Treasury Department to get money, accrue debt, and invest in everything the government needed to invest in without requiring constant approval from Congress, while still allowing Congress to control the total amount of debt accrued.
Be sure to subscribe to the Weird History Newsletter: https://www.ranker.com/newsletters/weird-history?utm_source=Youtube&utm_medium=WeirdHistory&utm_campaign=WHnewsletters&utm_content=description_box
#debt #debtceiling #weirdhistory
- published: 02 Aug 2023
- views: 415362
5:45
The history of debt: Real Economy vs. Financial Economy
CLICK TO WATCH FULL DOCUMENTARY ONLINE: https://docsonline.tv/when-bubbles-burst/?utm_source=youtube&utm_medium=description&utm_content=the-history-of-debt:-rea...
CLICK TO WATCH FULL DOCUMENTARY ONLINE: https://docsonline.tv/when-bubbles-burst/?utm_source=youtube&utm_medium=description&utm_content=the-history-of-debt:-real-economy-vs.-financial-economy
THIS FRAGMENT OF THE DOCUMENTARY "WHEN BUBBLES BURST" IS FOR PROMOTION PURPOSES ONLY. WE DO NOT OWN THE MATERIAL EXCLUSIVELY, BUT HAVE A LICENSE CONTRACT FOR INTERNET STREAMING.
If unavailable in your territory, or if you are interested in other license requests (feature movie, television, documentary, commercial...), please contact the distributor Java Films: contact@javafilms.fr
Story
When Bubbles Burst provides a fascinating glimpse into the inner workings of the global economy, examining the mechanics behind economic bubbles, crashes and suggesting trends for the future. The film shows the global and local consequences of the financial crisis. Investors, thinkers and world-class economists, like the celebrated writer Michael Lewis and Nobel laureate Joseph Stiglitz, share their vision on this pressing subject.
The film provides information on the dynamics of globalization, the world economy and economic bubbles. Furthermore, multiple aspects of the global financial crisis are discussed, such as the housing bubble and the subprime mortgage crisis in the USA. Finally, the film explores the Greek debt crisis and the financial system of the European Union.
https://wn.com/The_History_Of_Debt_Real_Economy_Vs._Financial_Economy
CLICK TO WATCH FULL DOCUMENTARY ONLINE: https://docsonline.tv/when-bubbles-burst/?utm_source=youtube&utm_medium=description&utm_content=the-history-of-debt:-real-economy-vs.-financial-economy
THIS FRAGMENT OF THE DOCUMENTARY "WHEN BUBBLES BURST" IS FOR PROMOTION PURPOSES ONLY. WE DO NOT OWN THE MATERIAL EXCLUSIVELY, BUT HAVE A LICENSE CONTRACT FOR INTERNET STREAMING.
If unavailable in your territory, or if you are interested in other license requests (feature movie, television, documentary, commercial...), please contact the distributor Java Films: contact@javafilms.fr
Story
When Bubbles Burst provides a fascinating glimpse into the inner workings of the global economy, examining the mechanics behind economic bubbles, crashes and suggesting trends for the future. The film shows the global and local consequences of the financial crisis. Investors, thinkers and world-class economists, like the celebrated writer Michael Lewis and Nobel laureate Joseph Stiglitz, share their vision on this pressing subject.
The film provides information on the dynamics of globalization, the world economy and economic bubbles. Furthermore, multiple aspects of the global financial crisis are discussed, such as the housing bubble and the subprime mortgage crisis in the USA. Finally, the film explores the Greek debt crisis and the financial system of the European Union.
- published: 16 Jun 2014
- views: 18152
3:27
David Graeber: debt and what the government doesn't want you to know | Comment is Free
There is one taboo of economics that the government is hiding from the public, argues David Graeber: it is the fact that if the government balances its books, i...
There is one taboo of economics that the government is hiding from the public, argues David Graeber: it is the fact that if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back.
Subscribe to The Guardian on YouTube ► http://is.gd/subscribeguardian
Support the Guardian ► https://support.theguardian.com/contribute
Today in Focus podcast ► https://www.theguardian.com/news/series/todayinfocus
Sign up for the Guardian documentaries newsletter ► https://www.theguardian.com/info/2016/sep/02/sign-up-for-the-guardian-documentaries-update
The Guardian ► https://www.theguardian.com
The Guardian YouTube network:
Guardian News ► http://is.gd/guardianwires
Guardian Football ► http://is.gd/guardianfootball
Guardian Sport ► http://bit.ly/GDNsport
Guardian Culture ► http://is.gd/guardianculture
#DavidGraeber #Debt #PublicDebt #PrivateDebt #GovernmentDebt #Economics
https://wn.com/David_Graeber_Debt_And_What_The_Government_Doesn't_Want_You_To_Know_|_Comment_Is_Free
There is one taboo of economics that the government is hiding from the public, argues David Graeber: it is the fact that if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back.
Subscribe to The Guardian on YouTube ► http://is.gd/subscribeguardian
Support the Guardian ► https://support.theguardian.com/contribute
Today in Focus podcast ► https://www.theguardian.com/news/series/todayinfocus
Sign up for the Guardian documentaries newsletter ► https://www.theguardian.com/info/2016/sep/02/sign-up-for-the-guardian-documentaries-update
The Guardian ► https://www.theguardian.com
The Guardian YouTube network:
Guardian News ► http://is.gd/guardianwires
Guardian Football ► http://is.gd/guardianfootball
Guardian Sport ► http://bit.ly/GDNsport
Guardian Culture ► http://is.gd/guardianculture
#DavidGraeber #Debt #PublicDebt #PrivateDebt #GovernmentDebt #Economics
- published: 28 Oct 2015
- views: 183883
1:17:17
David Graeber on Debt, Service, and the Origins of Capitalism
Professor David Graeber (LSE) speaking at the University of Birmingham as part of the Birmingham Research Institute of History and Cultures' interdisciplinary c...
Professor David Graeber (LSE) speaking at the University of Birmingham as part of the Birmingham Research Institute of History and Cultures' interdisciplinary conference 'Debt: 5000 years and counting'.
David Graeber (1961 – 2020) was an American anthropologist and anarchist activist. His influential work in economic anthropology, particularly his books Debt: The First 5,000 Years (2011) and Bullshit Jobs (2018), and his leading role in the Occupy movement, earned him recognition as one of the foremost anthropologists and left-wing thinkers of his time.
https://wn.com/David_Graeber_On_Debt,_Service,_And_The_Origins_Of_Capitalism
Professor David Graeber (LSE) speaking at the University of Birmingham as part of the Birmingham Research Institute of History and Cultures' interdisciplinary conference 'Debt: 5000 years and counting'.
David Graeber (1961 – 2020) was an American anthropologist and anarchist activist. His influential work in economic anthropology, particularly his books Debt: The First 5,000 Years (2011) and Bullshit Jobs (2018), and his leading role in the Occupy movement, earned him recognition as one of the foremost anthropologists and left-wing thinkers of his time.
- published: 09 Jun 2018
- views: 922729
3:13
Who does the US Owe its $31 Trillion debt? (National Debt Explained)
The US is in a lot of debt. Currently, the country owes $28.2 trillion dollars. But… who would even lend them that much money? Who does the US owe this massive ...
The US is in a lot of debt. Currently, the country owes $28.2 trillion dollars. But… who would even lend them that much money? Who does the US owe this massive sum!?
Well, the answer to that is pretty simple. In large part it owes itself that much money… but there’s also quite a few other countries it owes too.
Hate my video and just want the answer? Here's the breakdown:
33% US Investors
12% Federal Reserve
27% US Government
28% Foreign Investors & Governments
Media:
Strange Stuff
Divider by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://chriszabriskie.com/divider/
Artist: http://chriszabriskie.com/
https://wn.com/Who_Does_The_US_Owe_Its_31_Trillion_Debt_(National_Debt_Explained)
The US is in a lot of debt. Currently, the country owes $28.2 trillion dollars. But… who would even lend them that much money? Who does the US owe this massive sum!?
Well, the answer to that is pretty simple. In large part it owes itself that much money… but there’s also quite a few other countries it owes too.
Hate my video and just want the answer? Here's the breakdown:
33% US Investors
12% Federal Reserve
27% US Government
28% Foreign Investors & Governments
Media:
Strange Stuff
Divider by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://chriszabriskie.com/divider/
Artist: http://chriszabriskie.com/
- published: 04 Oct 2021
- views: 932903
14:59
The US Debt Situation Explained
This video is sponsored by Morning Brew - use the following link to sign up for their awesome newsletter: https://morningbrewdaily.com/theplainbagel
If you’d l...
This video is sponsored by Morning Brew - use the following link to sign up for their awesome newsletter: https://morningbrewdaily.com/theplainbagel
If you’d like to learn more about the US debt ceiling specifically, check out this excellent video by @PBoyle: https://youtu.be/vSN3K_Etxyw
A big thank you to @MoneyMacro for helping with this video!
With news of the US debt ceiling standoff, I wanted to take the opportunity to discuss the larger story around the federal government's burgeoning debt load, and whether it spells danger for the American economy.
If you'd like to support the channel, you can do so at https://www.patreon.com/ThePlainBagel :)
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
https://wn.com/The_US_Debt_Situation_Explained
This video is sponsored by Morning Brew - use the following link to sign up for their awesome newsletter: https://morningbrewdaily.com/theplainbagel
If you’d like to learn more about the US debt ceiling specifically, check out this excellent video by @PBoyle: https://youtu.be/vSN3K_Etxyw
A big thank you to @MoneyMacro for helping with this video!
With news of the US debt ceiling standoff, I wanted to take the opportunity to discuss the larger story around the federal government's burgeoning debt load, and whether it spells danger for the American economy.
If you'd like to support the channel, you can do so at https://www.patreon.com/ThePlainBagel :)
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
- published: 03 Mar 2023
- views: 764774