The World has $54 trillion of external debt: who is the World indebted to?

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Very insightful video on banking and how it developed. The animation is pretty terrible (seems to be made in Flash using lots of Swift 3D), but it does communicate well.

It’s on the long side for watching on the internet at 47 minutes but it’s worth it.

Alternatively, you can download it and watch it on your iPod, PSP or your TV.



Via Chycho.com and reddit

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