DEBT episode 2: How bubbles grow
Channel: University of Groningen
Date: 2013-06-13

EPISODE 2:
How bubbles grow is the second episode of  a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. With non-productive purposes mainly being asset markets. Here excessive debt causes the prices of these assets to go up. The market does not correct for this. This leads to bubbles and a large debt burden which are a drag on the 

economy. (Dutch subtitles included)

https://www.facebook.com/DebtTheGoodTheBadAndTheUgly

Production Team: Joeri Schasfoort, Koen Drewes, Daniël Houben, Dirk Bezemer, Niek de Boer

Music: 
Turning Point: Kung Fu Jonny OST, by Professor Kliq
https://soundcloud.com/professorkliq/turning-point
CC 3.0 Unported - http://creativecommons.org/licenses/by/3.0

Images:
Islamabad Stock Exchange Bull, by Danish47
http://commons.wikimedia.org/wiki/File:Islamabad_Stock_Exchange_Bull.JPG
CC 3.0 Unported - http://creativecommons.org/licenses/by/3.0 

Facade of New York Stock Exchange, by DonatingPictures
http://commons.wikimedia.org/wiki/File:Facade_of_New_York_Stock_Exchange.jpg
CC 3.0 Unported - http://creativecommons.org/licenses/by/3.0

NASDAQ stock market display, by bfishadow on Flickr
http://commons.wikimedia.org/wiki/File:NASDAQ_stock_market_display.jpg
CC 2.0 Generic - http://creativecommons.org/licenses/by/2.0

Video: 
Nederland van Boven, by VPRO
http://nederlandvanboven.vpro.nl