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Explain The Savings Borrowing Investing Cycle – Deficits & Debts: Crash Course Economics #9

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Explain The Savings Borrowing Investing Cycle – How to Choose

What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week’s Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they’re also pretty easy to understand. This week we’ll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we’ll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.

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42 Comments

  1. Kartik Bansal
    July 28, 2021 at 8:09 am

    Now some people will say these people orchestrated Covid-19 😑

  2. Simon Smith
    July 28, 2021 at 8:09 am

    Why does it not mention that governments could create debt free money ? The video claims that there is only a finite amount of money that can be lent while QE can just keep racking up trillions of debt…

  3. bestcity097
    July 28, 2021 at 8:09 am

    This series predicted 2020!!

  4. Scorpisces
    July 28, 2021 at 8:09 am

    when she said pandemic, I double-checked the date this video was uploaded (2015), and then I almost pooped my pants.

  5. Nur Nadhirah
    July 28, 2021 at 8:09 am

    But during the pandemic, government spend bilions for economic stimulus package to help businesses stay afloat. And in some countries, the economic injection drain country’s revenue and causing fiscal deficit.

  6. Mason King
    July 28, 2021 at 8:09 am

    6:40 …… heh….. heh….heh.

  7. David Bruesehoff
    July 28, 2021 at 8:09 am

    6:39 Predicting COVID-19?

  8. POG champ
    July 28, 2021 at 8:09 am

    she just predicted the COVID 19 pandemic

  9. CyborgJiro
    July 28, 2021 at 8:09 am

    Then covid hit. Though its not a super deadly disease that's being treated as one. US caused their own recession.

  10. Albert Hernandez
    July 28, 2021 at 8:09 am

    Doesnt look good for the us nowadays

  11. Jack Ruefli
    July 28, 2021 at 8:09 am

    6:42 did they show a coronavirus cell? Wtf

  12. Piyush Chataut
    July 28, 2021 at 8:09 am

    Corona

  13. Adam Jassem
    July 28, 2021 at 8:09 am

    6:37 – scarily relevant right now

  14. Cyprian Koech
    July 28, 2021 at 8:09 am

    wait wtf I saw the corona virus in this vidd ???!!!!

  15. Lord Mayor of Oofington upon the Oofus
    July 28, 2021 at 8:09 am

    6:41 she full on jinxed it. that's a picture of a coronavirus aswell

  16. Aiden Osborne
    July 28, 2021 at 8:09 am

    Adrienne Hill in 2015: "If a pandemic kills off half the world"

    Me: "Life is good…."
    Grandpa dies
    Me: "His life WAS good"

  17. Sam Luke
    July 28, 2021 at 8:09 am

    You should get some people with english accents to present this so we can take them seriously

  18. caroaroaroline
    July 28, 2021 at 8:09 am

    so… zombie apocalypse next?

  19. Joe Myk
    July 28, 2021 at 8:09 am

    Host: What if a global pandemic…
    Me: pauses the video and jumps to comment section

  20. 160p2GHz
    July 28, 2021 at 8:09 am

    Wait… is the cost of the elderly and folks not wanting to increase the age of retirement part of why the US is so reluctant to forgive student debt? Like I always thought it was the straightforward cost of getting that money back, which is silly because it would increase spending and stabilize our GDP if that generation was able to spend. But there's a second effect if you can ensure that those people can not afford to retire at a normal retirement age… I'm planning to work until I die, idk about y'all. It's really my only option even with loan forgiveness after 20 years.

  21. Emmanuel Macron Ah oui oui
    July 28, 2021 at 8:09 am

    6:42 oopsie

  22. Dacromir
    July 28, 2021 at 8:09 am

    That pandemic joke hits different now

  23. andres canseco
    July 28, 2021 at 8:09 am

    That was four years ago , can you believe it now is over 23 trillions. I can't believe it so much money ,it has been significant increase.

  24. Tay Diggs
    July 28, 2021 at 8:09 am

    PANDEMIC

  25. Varnika Chaturvedi
    July 28, 2021 at 8:09 am

    Me looking at her while she says what if!

  26. Hoang Linh Phuong
    July 28, 2021 at 8:09 am

    Watching this during an actual pandemic got real…

  27. Adam Tadros
    July 28, 2021 at 8:09 am

    6:40…… YOOOOO thats nuts

  28. EHXKOR
    July 28, 2021 at 8:09 am

    Lots of people stuck in quarantine suddenly interested in economics I see

  29. prajval singh rajput
    July 28, 2021 at 8:09 am

    Love the way you present things, more powers to you !!!

  30. Federico Pavone
    July 28, 2021 at 8:09 am

    Someone watched the pandemic part and thought "here's the big idea I was lookin' for"

  31. Caleb
    July 28, 2021 at 8:09 am

    "what's wrong with you?"
    "today we're talking about deficits and debt"
    [cheerful music]

  32. Cody Hester
    July 28, 2021 at 8:09 am

    This has aged well

  33. Elvis Cat
    July 28, 2021 at 8:09 am

    OK BOOMER

  34. SHASHANK TRIPATHI
    July 28, 2021 at 8:09 am

    6:41
    hey there covid-19 pandemic !!!!!!
    2020

  35. WickerMan504
    July 28, 2021 at 8:09 am

    Watching this to study for an econ test during the COVID-19 pandemic is… interesting

  36. Frogmaniax
    July 28, 2021 at 8:09 am

    The epidemic thing. Its realll women

  37. Dong Hai STUDIO
    July 28, 2021 at 8:09 am

    6:39 did she just predict the COVID-19 kill half the world population?

  38. Mark Attar
    July 28, 2021 at 8:09 am

    bullyin kids

  39. PROBA Productions
    July 28, 2021 at 8:09 am

    Lol health care was the most of our worries. Corona gets released ….. déficit will be the least of our worries 😂😂 thanks health care !

  40. Soumyadipta Das
    July 28, 2021 at 8:09 am

    So Rona reduces fiscal deficit of US…

  41. Mag k
    July 28, 2021 at 8:09 am

    Someone said pandemic? (Covid 19)

  42. Koalasquare
    July 28, 2021 at 8:09 am

    6:40 so like. cool