Monday, July 4, 2011

How the U.S. Economic Game Really Works

With all the economic confusion in the play by play media commentaries, I think many people finally just give up on trying to understand the action. But, when you get rid of all the $50 words, cut through the hubris of obfuscation, the world of human financial interactions is actually quite straight-forward. The question is why generations have been seduced by the machinations  of intensely selfish bankers and ivory tower economists?

An excellent 5 minute animated overview, although it is hard to say whether the Armageddon title is over-stretching the implications.  What do you think?

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