By Fallible. Originally published at ValueWalk.
Watch Part 1 Here!
Credit is what drives the economy.
Credit gives us booms, busts, and financial crises.
And credit is what creates debt cycles.
So if you want to understand how the economy really works…
And why we actually get recessions and market crashes…
Then stay tuned because in the video above you’re going to learn all about debt cycles, both short and long-term debt cycles.
And make sure to subscribe to the Fallible channel here for more videos!
The post Why Do We Get Financial Crises? Pt. 2: Debt Cycles appeared first on ValueWalk.
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