Why is there so much Debt ? / Henry Edmonds

Public ISBD Titre : Why is there so much Debt ? Type de document : document multimédia Auteurs : Henry Edmonds, Auteur Editeur : Positive Money Année de publication : 2012 Présentation : 3 minutes 14 secondes Langues : Anglais (eng) Catégories : Vidéothèque Tags : Dette  Banques Résumé : Individuals and families in the UK have a total of £1,170 billion of debt. But who did we borrow all this money from? Was it from an army of grannies who have spent their whole lives putting money away for a rainy day? No. When you go into a bank and borrow a large amount of money to buy a small amount of house, that money doesn't come from somebody else's savings. It's just created, out of nothing, by the bank, with a few taps on a computer keyboard. Why is there so much Debt ? [document multimédia] / Henry Edmonds, Auteur . - [S.l.] : Positive Money, 2012 . -  : 3 minutes 14 secondes. Langues : Anglais (eng) Catégories : Vidéothèque Tags : Dette  Banques Résumé : Individuals and families in the UK have a total of £1,170 billion of debt. But who did we borrow all this money from? Was it from an army of grannies who have spent their whole lives putting money away for a rainy day? No. When you go into a bank and borrow a large amount of money to buy a small amount of house, that money doesn't come from somebody else's savings. It's just created, out of nothing, by the bank, with a few taps on a computer keyboard.

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