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Saturday, June 27, 2015

MUST KNOW | How does the economy really work? (VIDEO)

I have always wanted to figure out and understand how the economy really works, but it's hard to understand intangible concepts like recession, depression, credit, deficit, interest rate, etc without a good visual aid to compliment.

Marami akong gustong malaman tungkol sa ekonomiya, kaso andaming basahin na hindi ko rin maintindihan lalo na kung puro graphs lang at math ang nakikita.

What powers up the economic machine? What are the basic driving forces behind an economy? When is credit a good one? When is it called bad credit?

How can we help the economy? What do financial assets like stocks, bonds, and other investments have to do with the economy? So many questions in mind that really boggled me, until I found this video that enabled me to really understand the relationships that exist to run the economy.

Paano ba tayo makakatulong sa paglago ng ekonomiya ng bansa? How can we help the government achieve the target 7-8 percent GDP growth?

Seriously, if you want to have some crash course on how the economy works, you better watch this vid 'cause you will definitely thank the author of the video, businessman Ray Dalio, for explaining it clearly in an interesting animation!


Video Courtesy: Youtube channel Bridgewater

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