How the markets really work, by Bird & Fortune

You do not always need to write long essays to explain the current financial crisis, the following video sums it all up quite well in a few minutes. Money quote: “It’s not us that will suffer, it is your pension fund.” BTW, this was originally broadcast exactly one year ago. Some of you may already have seen this.

(hat tip Sargasso)

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About Guy La Roche

Dutch translator and subtitler living in Brittany with his three cats. Has also lived in the Flemish part of Belgium. Speaks English rather fluently and in a former life used to have a decent command of Spanish. Knows swear words in German and Russian. Not quite francophone yet, but slowly getting there. Vaguely centrist observer of the world around him, extremely naive and, sometimes, rather proud of it. Writes Venale Pecus.