This is one of my favorite videos to watch! About every year or so I’ll watch it again. Not because I have forgotten anything, but just as a reminder when you stray away and think things are going to continue as they are.

With so many moving parts to the economy, it’s easy to get sidetracked and lose clarity on the basics. This video outlines debt cycles, both short-term and long-term.

It shows how there’s a natural state of productivity and how the use of credit and debt create these sometimes very painful occurrences that lead to depressions within economies.