Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
February 21st, 2009

Get Rich Quick Schemes

This weekends video clip is again from the National Film Board, entitled:

 

John Law and the Mississipi Bubble 

Didn’t know this is where bank notes came from, interesting. Very interesting bit of history.

We discussed Get Rich Quick schemes at the N.C.F.B.A. meeting and we came to the conclusion that anything drive by Greed, is bound to fail. Our waiter found out who we were and asked what might have caused the latest Economic Apocalypse, the answer was simple, “Greed“.

The Hunger Site
More on this topic (What's this?)
Are Bank Stocks Such a Good Buy? (naked capitalism, 8/17/10)
Steve Keen: Bank Profits a sign of economic sickness, not health (naked capitalism, 8/12/10)
YOUR TEXTBOOKS LIED TO YOU – THE MONEY MULTIPLIER IS A MYTH (THE PRAGMATIC CAPITALIST, 8/11/10)
Great Interview, Tech Ticker and Barry Ritholtz (Stock Trading To Go, 6/30/10)
Read more on Clip, Banking at Wikinvest

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Posted in Bank, Bank of Canada, Financial Apocalypse, Inflation, Video |

This entry was posted on Saturday, February 21st, 2009 at 2:47 AM and is filed under Bank, Bank of Canada, Financial Apocalypse, Inflation, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Get Rich Quick Schemes”

  1. tom Says:
    February 21st, 2009 at 6:03 PM

    excellent video explaining also inflation and creation of money to an extent.

  2. This and That: Hunters becoming the hunted edition Says:
    February 26th, 2009 at 11:38 PM

    [...] Canadian Financial Stuff digs up an interesting video from the National Film Board on the Mississippi bubble. [...]

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