Wealth Destruction 2

Continuing from the past video on wealth bubbles, Sal begins by recapping what scholars saw in the first segment. He then goes into more depth on bank-owned homes, short sales, foreclosures, and wealth destruction. Scholars begin to understand where the money actually goes (misallocation of wealth), and get some of Sal's opinions on the government's denial of wealth destruction, what he references as "legislating against reality."

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Resource Details

Grade
11th - Higher Ed
Subjects
Social Studies & History
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Resource Types
Videos
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Instructional Strategy
Flipped Classroom
Usage Permissions
Creative Commons
BY-NC-SA: 3.0
cc