What is the difference between a credit crisis and a crisis of debt / or liquidity?
I think the term "credit crisis" refers to to the relative unavailability of new credit for individuals and businesses.
A "crisis of debt" refers to individuals and businesses carrying unsustainable debt loads (at some point they won’t be able to pay it back).
A "liquidity crisis" refers to the unavailability of cash for businesses (to pay debts among other things) and for banks (to lend money.
So a crisis of debt can lead to a "liquidity crisis" which in turn can lead to a "credit crisis".
The Economic Collapse-A Short Film- Part 1
http://www.newamerica-now.blogspot.com With the exponential growth of debt and derivatives, a sovereign debt default could trigger economic shockwaves that would make the previous 2008-09 economic collapse look like the pre-shocks of a much larger earthquake. This video presents one possible scenario on how a dollar collapse would affect one family.
To see Part 2: http://www.youtube.com/watch?v=0aejqMt5bJ8
Originally Downloaded from http://www.youtube.com/watch?v=hMokBM6caRE
Thank you endtheillusion for a well put together and necessary video to wake people up. I thought it was important to share this message.
Duration : 0:8:59
Economic Collapse – what to focus on
Important but often overlooked issues related to the ongoing economic collapse. Also some of my favorite sites related to economic recession and depression. Stay tuned for a special upcoming interview on this topic.
The Crash Course – Chris Martenson: http://www.chrismartenson.com/crashcourse
Peak oil / economic collapse – preparation forum:
http://www.peakoil.com/forums/viewforum.php?f=8&sid=2680a12828b270060334fb350c9cb879
Path to Freedom – urban homestead – youtube channel:
http://www.youtube.com/user/dervaes?blend=1
keywords: economic collapse recession depression peak oil inflation hyperinflation gold silver foreclosure banks federal reserve dervaes chris martenson crash course
Duration : 0:10:54
Argentina’s Economic Collapse – Part 1 of 12
Part 2: http://au.youtube.com/watch?v=whVSw5X2pVU
Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina’s assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. Official name: Memoria del Saqueo by Fernando Solanas 2003.
Duration : 0:6:35
How To Survive Total Economic Collapse
When the Big Bust comes, the things in life that actually matter will be clear. Consider how to preserve those by remaining calm and using what you have.
Duration : 0:1:59
The President Proposes Financial Crisis Responsibility Fee
President Obama explains the proposed Financial Crisis Responsibility Fee that will ensure that the largest financial firms meet their obligations to repay American taxpayers for the assistance provided to Wall Street. January 14, 2010.
Duration : 0:6:47