Bank Bailouts Explained

 

14 Comments

  1. Walton says:

    Brilliant!
    Just brilliant.
    I can not get e-nough of these two characters and the truth that the tell.
    How did you come up with it?
    More please. more!
    With much love and appreciation,
    Walton

  2. G.M.Kuhn says:

    How were we Americans individually and collectively captured by a culture
    of borrowing and speculation?

    Why did we Americans lose our savings habit?

    The U.S. dollar was taken off gold in 1973. Since then, American’s
    good personal savings habit has been eaten away by a combination of
    inflation plus our failure to index savings and wages against
    inflation. It appears that the federal structure of the U.S. has
    impeded indexing. Work in America helped expand the U.S. economy
    by a factor of two in real terms, but inequality of incomes and net
    worth reached record levels. To do better on indexing and on
    equality, should we in the U.S. change the way we govern ourselves?

    http://www.stmartinsystems.com/100814_Why_did_we_Americans_lose_our_savings_habit.htm
    http://www.stmartinsystems.com/100814_Why_did_we_Americans_lose_our_savings_habit.pdf

  3. Kelly Fontess says:

    Thanks for keeping it simple. You are brilliant!!!

  4. LJ Will says:

    Agree with Walton…more please!
    I love these characters and how they ‘talk’. Too biggerer to fail, that is just hilarious! Excellent use of the article ‘the’…the Goldman Sachs, the Ben Bernank, the AIGs…I just love it!

  5. invertendo says:

    absolutely.. out standing.. you have made a true use of your knowledge of economy and politics, please upload more on these global financial crisis and the hidden part, you said that in the bush’s time they blew up the american economy and this time they are blewing up the global economy..!! how come? please explain the whole truth..! we are fans of you .!!

  6. Pitbull says:

    Fantastic way to explain things in truth w/o distractions!…can’t wait for more!

  7. thompson says:

    Hey guys,

    seems to be a nice thing…
    Unfortunately I don’t get many keywords due to the computer voice.
    As English is not my first language, it is hard for me to understand.

    I would appreaciate the text below.

    regards

    • 99percent says:

      Use the ‘animation transcripts’ in the main navigation towards the top, or if your language is listed, look under ‘videos in other languages at the VERY top.

  8. Eric says:

    This is an absolutely stunning and brilliant piece of work. You’re able to elegantly explain and explore the absolute absurdity of what is going on with style and humor. I’m floored. Keep up the great work.

  9. Bryan says:

    Great job – keep it up!

  10. Lynne says:

    Super-smart work.
    I thought, when I heard that Ben was doing QE, that the Chinese had stopped buying our debt. Is that perhaps what has happened and is happening? Is QE a slow stampede out of Treasury purchases by the Chinese?

  11. Marc says:

    In the Middle East ordinary people go out on the streets to overthrow their corrupt system. Isn’t it time we here in the US start doing the same?

  12. littlepsuche says:

    Yes.

  13. John Browne says:

    This is truly educational, wonderfully, toxically funny, and engaging. Hooray for You!!

    Now, could you do one about why the government can’t prosecute any of the bankers, financiers, hedge fund wankers, and other guilty manipulators at the Top of the money-heap? I’m sure that it has the same elements of humor-embroidered clarity as subject matter.

    Thanks!!! ^..^

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