What is Credit? Loans, Mortgages and Overdrafts explained (Credit Made Clearer — Capital One)

20 Responses to “What is Credit? Loans, Mortgages and Overdrafts explained (Credit Made Clearer — Capital One)”

1. pnrcrew says:

   March 24, 2011 at 3:03 pm

   great video..
2. Lunadrako says:

   March 24, 2011 at 3:45 pm

   THis helped me understand more and pass on that stupid term paper in econ class, thanks man!
3. catt3911 says:

   March 24, 2011 at 4:10 pm

   This is very funny and very good, I can get my best friend to watch it and understand. God know’s me telling him didn’t work. Good job man.
4. zmolix says:

   March 24, 2011 at 4:56 pm

   I knew that the poor people will screw up the world some day !
5. gillianrichmond says:

   March 24, 2011 at 5:46 pm

   @johammbass
   Out fiat currencies are not backed by gold. McDuck hasn’t got a pool of gold. He has a pool of worthless fiat money. The bank has a ‘printing machine’. With the use of fractional reserve system, the banks printed most of the money out of thin air. They charged interest on non-existing money and diluting the value of money in circulation in the meantime.
6. louie540x says:

   March 24, 2011 at 6:00 pm

   lol 5:00 – 6:00
7. johammbass says:

   March 24, 2011 at 6:54 pm

   Idiot, McDuck was the Federal Reserve itself. What was invested wasn’t savings but printed money. Dumbass, those bad investments were done purely because of the fact that the money came from the printing presses. Why don’t you go and see who was pushing the subprime mortgages. You are an uneducated idiot. Government is the problem.
8. Heyyyyy718 says:

   March 24, 2011 at 7:48 pm

   @tophers402

   yessss I was just about to basically say the exact same thing. This video just helped me get through a good portion of studying for my final tomorrow!
9. SpaceTime4D says:

   March 24, 2011 at 8:27 pm

   0:26 – 0:34 What’s that song called?
10. nottinmatterz2day says:

    March 24, 2011 at 8:50 pm

    thank you
    the crisis explained to idiots
11. PeaceLovePink08 says:

    March 24, 2011 at 9:30 pm

    @MrWjd5070 ME TOO
12. PeaceLovePink08 says:

    March 24, 2011 at 9:40 pm

    OMG thanks a ton. This video just helped me a lot on my paper
13. jonnibuoy says:

    March 24, 2011 at 10:15 pm

    @paulaelli Umm…. The use of Scrooge is to show the average person a broad overview of what occured. Scrooge is EVERYONE,,The INVESTORS in so called high quality safe investments those CDO’s the AAA or BBB securities. The investors are anyone or any town,big business,small business, a pool of investors that make up scrooge mcduck. The video is just a broad overview of what has nuked this country’s financial system
14. defgill says:

    March 24, 2011 at 11:09 pm

    dang yo it be complicated be stuff
15. cjr3559 says:

    March 24, 2011 at 11:21 pm

    Isn’t this the video they used to explain the crisis to George W. Bush?
16. MoniRokse says:

    March 24, 2011 at 11:28 pm

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17. DRUNKandSKATE says:

    March 25, 2011 at 12:11 am

    Thank you very much! This was a great explanation of subprime mortgages, and helped me a lot for my Extended Essay!
    You are my hero!
18. paulaelli says:

    March 25, 2011 at 12:18 am

    This video makes out that there is an evil center figure called scrooge in the world. This is not true. The fact is that the pool of money is everyones money, and everyone wants more money. that is what caused it. Ever hear anyone say they wish they could earn less?
19. paulaelli says:

    March 25, 2011 at 1:14 am

    Scrooge Mcduck is the only one who wants to make money, BS!!! everyone wants to make more money, ever get anyone telling you they feel like they should earn less??
20. tarraorbisonopkl says:

    March 25, 2011 at 1:57 am

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