{"id":6148,"date":"2011-08-09T16:57:27","date_gmt":"2011-08-09T05:57:27","guid":{"rendered":"http:\/\/imaginarydiocese.org\/bishopjohn\/?p=6148"},"modified":"2011-08-09T16:57:27","modified_gmt":"2011-08-09T05:57:27","slug":"gfc-crisisofcredit-com-visualised","status":"publish","type":"post","link":"http:\/\/imaginarydiocese.org\/bishopjohn\/2011\/08\/09\/gfc-crisisofcredit-com-visualised\/","title":{"rendered":"GFC crisisofcredit.com visualised"},"content":{"rendered":"

\"YouTube<\/a><\/span><\/span>Given the continuing global credit crisis <\/a>I was reminded of this visualised presentation by Jonathan Jarvis. When I last looked it had received over 1 million hits for Part 1 and over 1\/2 million for Part 2 – an interesting statistic re attention spans and\/or the usefulness of the video? I have shown the combined (and shorter) version because I find the\u00a0continuous flow of the presentation helpful.\u00a0 But\u00a0 if you want to view of Part 1 simply click on\u00a0www.crisisofcredit.com<\/a>. \u00a0Enjoy!<\/p>\n

Professor Ian Harper of Deloitte Access Economics lists the key players and a brief summary comment to assist thinking through the issues raised by the video presentation of the GFC,<\/p>\n

Who were the key players at fault?<\/strong><\/p>\n

\u00a7Chinese savers?<\/div>\n
\u00a7US consumers?<\/div>\n
\u00a7US Federal Reserve?<\/div>\n
\u00a7Investment banks?<\/div>\n
\u00a7Commercial banks?<\/div>\n
\u00a7Mortgage brokers?<\/div>\n
\u00a7Home borrowers?<\/div>\n
\u00a7Bank regulators?<\/div>\n
Summary<\/strong><\/div>\n
The GFC has underlying economic causes which were blown out of proportion by greed, arrogance and indifference<\/div>\n
Governments have no choice but to bail out institutions which are \u2018too big to fail\u2019<\/div>\n
Regulations imposed on banks and other lenders are being tightened<\/div>\n
But new laws cannot make us behave morally<\/div>\n
Also by Prof Ian Harper, \u00a0GFC and trust<\/a>\u00a0 and\u00a0 The Global Financial Crisis: our response as Christians<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Given the continuing global credit crisis I was reminded of this visualised presentation by Jonathan Jarvis. When I last looked it had received over 1 million hits for Part 1 and over 1\/2 million for Part 2 – an interesting … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/posts\/6148"}],"collection":[{"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/comments?post=6148"}],"version-history":[{"count":31,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/posts\/6148\/revisions"}],"predecessor-version":[{"id":8329,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/posts\/6148\/revisions\/8329"}],"wp:attachment":[{"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/media?parent=6148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/categories?post=6148"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/imaginarydiocese.org\/bishopjohn\/wp-json\/wp\/v2\/tags?post=6148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}