Timothy Sumer

Economics 101 -- "How the Economic Machine Works." Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur. To learn more about Economic Principles visit: [Also Available In Chinese] 经济这台机器是怎样运行的: [Also Available In Russian] Как действует экономическая машина. Автор: Рэй Далио (на русском языке): For more from Ray: Principles | #1 New York Times Bestseller: Buy his new book, Principles for Success: Connect with him on Facebook: Follow him on Twitter: Follow him on Linkedin: Follow him on Instagram: Download his free i

★ SEEKING ALPHA - News & Analysis (50% OFF) ★ ▶︎ TIMESTAMPS INTRO 0:00 SVB COLLAPSE EXPLAINED 1:12 POTENTIAL CONTAGION 5:26 GOVERNMENT BAILOUT 7:26 MORE BANKS FAIL 9:09 In 2008, the world experienced the worst financial crisis on record, with people losing confidence in the banking system and the institutions who held their money And in the end a $700 Billion government bailout was needed to prevent a complete collapse of the financial system The GFC was described as a once in a century event and likely the worst recession for decades So why, just 15 years later, are we seeing banks start to fail again? Is this the start of another financial crisis? Over the weekend, the US experienced its second largest banking failure in history With Silicon Valley Bank, the 16th largest US bank, collapsing over just 48 hours So With over 95% of it’s customer deposits uninsured Bill Ackman, and other prominent investors were concerned that there could be significant contagion

★ SEEKING ALPHA - News & Analysis (50% OFF) ★ ▶︎ TIMESTAMPS INTRO 0:00 SVB COLLAPSE EXPLAINED 1:12 POTENTIAL CONTAGION 5:26 GOVERNMENT BAILOUT 7:26 MORE BANKS FAIL 9:09 In 2008, the world experienced the worst financial crisis on record, with people losing confidence in the banking system and the institutions who held their money And in the end a $700 Billion government bailout was needed to prevent a complete collapse of the financial system The GFC was described as a once in a century event and likely the worst recession for decades So why, just 15 years later, are we seeing banks start to fail again? Is this the start of another financial crisis? Over the weekend, the US experienced its second largest banking failure in history With Silicon Valley Bank, the 16th largest US bank, collapsing over just 48 hours So With over 95% of it’s customer deposits uninsured Bill Ackman, and other prominent investors were concerned that there could be significant contagion

By joining through our link → you'll receive a FREE trial and 3 months off an Annual Sub! Listen to our full interview with Jean-Edouard Colliard on Spotify: Jean-Edouard Colliard is a financial regulation professor at HEC Paris. He previously worked as Economist at the European Central Bank where he gave policy advice to the ECB, including at the highest level. If you want to learn more about Professor Colliard, check out his website: This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ The video describes the recent banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, causing bank runs and putting pressure on other banks like Credit Suisse. This is reminiscent of past US banking disasters such as the Great Depression and the 2008 recession. Many economists predict that more banks around the world will face similar pressures, and the video raises impo