The name's Bond. Eurobond.

[@tiagocarvalhas]

Very idiotic example. The example should be more like this: Costa and Angela and Emanuel buy a building together and they all live there. Everyone pays rent and contributes to the condominium, angela and emanuel pay a little more because they have bigger apartments with windows facing south. Each one pays their bills per floor. But one day in Costa's room many fungi start to grow in the window and he needs money to clean the fungi and repaint, not only that Costa is very allergic and needs to buy anti-allergens. Except that Costa doesn't have enough money for this unexpected charge so he asks the condominium for money to repair the windows and repaint. The condominium says that there is no money to pay the costs of cleaning the windows because they have to invest in remodeling the floors of Angela and Emanuel so that they have central heating. However, they can lend money to Costa at 6 percent interest to buy anti-allergies. Costa accepts and he purchases the medicine for allergies. but he has to purchase this medicine every day and is debt gets bigger. When the money is over he goes back to ask for more money to solve the fungus problem but once again they only give him money for the anti-allergy because the debt business is good for them. To make matters worse for costa, the remodeling done on the floors of Angela and Emanuel increases the costs of the condominium. At this point Costa stops to be able to pay its share of the condominium and its expenses and decides to request a loan from a private bank. But the bank wants to give him a loan with very high-interest rates and to be paid in a short time. This is not convenient for costa because he still has to pay the costs of his floor, plus the allergies and the condominium. Then he returns home and proposes to Angela and Emanuel to go with him to the bank and take out a loan together, this way the Costa has more credibility and the bank asks for less interest. But angela and Emanuel want to ask for a loan to increase their floor and do not want the bank to ask them for more interest just because they are Costa friends. So at that moment they turn to Costa and say: go fuck yourself you fucking pig, son of a bitch, don't you be a shitty allergic who doesn't know how to spend his money. all you want is whores and alcohol and they start saying bad things about you to the neighbors. :) Poor Costa doesn't even have money for a glass of water, it's all clogged up, has fungi growing everywhere and doesn't have the money to pay his expenses, let alone the condominium.

[@dariolevi4459]

.... And you should also add that before Costa met the other two, he had a series of businesses, but so did the other two, and the other two didn't like the competition. The thing was that Costa was told by the other two that if he moved in, and changed his own business a bit, so that it didn't interfere with their own, they'd pay him a few years compensation so he could diversify... But once he'd moved in Costa realized that diversification is bullshit because the other two had businesses in every possible branch, and had been active in every possible local business years before Costa, so no matter how Costa invested his compensatory money he couldn't manage to establish businesses that worked... The other two convinced Costa that maybe he could achieve liquidity by once in a while renting out his own room to them for parties,,, costa, having realized that he'd closed his old businesses down but hadn't really managed to establish anything new, reluctantly started renting out his space to Angela and Co., until it came to the point that the only real source of income was to let the other two chill in his own room.... Then the rest of the problems that you mention came into the picture

[@tiagocarvalhas]

@@dariolevi4459 Ahahaha! True! I forgot that :) Thanks for adding!

[@axelscharf2415]

Costa was broke long before he met Angela . Costa is just trying to deflect and make other people pay for his BS . Also just trying to say italys economy was great before entering the eu is crazy . Italy was always far behind germany economicly. Maybe you guys to young to know that . I'm myself are a german and love Italy and were surely help but not only on your terms .

[@tiagocarvalhas]

@@axelscharf2415 If you want to argue you have at least to know that Costa is the prime minister of Portugal, if you don't even understand the references you sound silly. Economics is something complicated it's not like soccer where you choose your color and scream against your opponent.

[@axelscharf2415]

@@tiagocarvalhas You dumb ? We talking about corona bonds. Costa is arguing for italy and all southern European countries . And yeah like you clowns from the south know what's going on in world economy 🤔 🙄 🤣 😂 . Without middle european nations southern Europe would be like north Africa.

[@abhinavitsmebellamy]

Thank you, Sensei!!

[@joecaruso06]

As much as I believe a nation's growth and an economic recession are related and how economic downturns are natural, now is the moment to rethink the policies that are to blame. It sure is ridiculous increasing rates at time where the basic man finds it hard to pay mortgage. In either case, I'm happy I sold the vast majority of my euro holding a premium. They also shouldn't have kicked out a major player

[@maryalchester]

Due to our constant desire to handle things independently, we are in a hazardous financial situation. Notwithstanding the current economic crisis, I remain a staunch supporter of the euro. Knowing when to enter and exit the market, as well as having a fundamental understanding of how the market functions, are critical. Delegation is also essential in order to study at your own pace. Fundamental technical principles always have more to them. With Yvonne annette Lively instructions, I was able to learn at my own pace and get up to a $50k return on investment on a $100k investment in less than 3 months.

[@mvanwie]

@@maryalchester Like all learning, financial education is a process that should begin at an early age and continue throughout life. No-one was born with the capacity to make sound financial decisions. It comes with education, reading the right material and training. So I do agree. All we need do is look up Yvonne Anette Lively right?

[@hueymorello5115]

@Martin P. Chenoweth yeah it is but she seems pretty occupied for someone who manages capital. It’s been a week and she’s yet to accept my funding.

[@hueymorello5115]

@Martin P. Chenoweth yeah it is but she seems pretty occupied for someone who manages capital. It’s been a week and she’s yet to accept my funding.

[@Bianca.rantzsch]

@mary Alchester you couldn’t have said it better.

[@farahhammoud4477]

great explanation!

[@ramiro535]

If this was to be published in newspapers instead of all the technical lanaguage used to discribe thecurrent issues, people who don't now about macro-economics would understand the dilemma that Euro Union has to face.

[@gardennw]

John will need to take over (this time with money) and control Sam and Peg, making them work hard to pay the debt, no more retiring at age 55, no more slacking on the job and cheat taxes. Unless Sam and Peg can agree to that, there will be no deal. At this juncture, it doesn't seem Sam and Peg don't really WANT to work hard or know how to, so there is not much John can do...

[@xtinct2]

can you guys please put "whiteboard" as the tag for your newer whiteboard videos so that they're easier to find...thanks :)) (and keep the videos coming...i've learned so much!)

[@maskedman90]

@chillercm Greece was listed at 98% default a few days ago over at bloomberg news. Although I think they will default some time soon, I don't think they will be kicked out from EU. Doing so, would create a "panic-standard" for defaults that could be following Greece. So supposing Greece defaults and is kicked out from EU, any news following that seems to hint at another nation's default will create an overblown selloff and flight away from the Euro into other currencies

[@lagrandestoriaanimata]

Sorry but in the case of Europe the guys Who live in the house are also the owner of the bank where they ask Money...

[@CORRIGEEN71]

Love ur videos thanks

[@maskedman90]

Such a sad thing to see only 987 views. I had a question, and it may sound a bit stupid, but who would ISSUE the BONDS and who would BUY them?

[@bassemhaikal]

@petrolbears Oh, I think I wanted to say Spain.. thanks for correcting me

[@icutad2]

@angel2901 dammit i was gonna let this slide but i just can't. Germany has had its economy destroyed plenty of times. After each war it was completely wrecked. That's kind of why there were two... props for rebuilding it after 60 years but thats hardly a record. and it was hardly done without US aid

[@freshasdida]

@moscow666 I imagine because the EU is more than just a financial institution, it has to do with trade allowances, free movement and cultural exchange. If you just kicked out whoever's economy was underperforming, the EU charter would be worthless.

[@petrolbears]

@bassemhaikal Poland is not in the eurozone.

[@nathannagoor6202]

Kinda insane how brexit took place few years after this

[@preciousmetals168]

more! more!

[@gjthewise]

haha genius title.

[@angel2901]

@bassemhaikal We are Germany. History tells us that NOTHING can destroy our economy. Not even two lost World Wars or the "unification" with a broke and fucked up country (East Germany). Either way, in the end we will be on top again. As always.

[@maheshs1394]

👍😊

[@SGLP93]

Sam and peg got in the house because they presented a false economy for the others in the house, otherwise sam and peg would have been kept out.

[@cippaccia]

So puerile...from now on the defendants choose not to speak!

[@cippaccia]

Kids and the economy

[@aahalim75]

very fast

[@MrTOLKBE]

This is a very Insufficient way to explain such a complex story. If you want to make a story with a simple example at least try to make the story complete. I don't see where is the pandemic disease in your story and you also forgot to mention that pig's and Sam's parents helped John's parents in a similar situation so WHICH KIND of education has received John by the institutions! Well for sure different than the one of Pig and Sam! You focus on what is right or wrong in a very simple example but you don't focus on what is more attractive to do for everybody in the end looking at possible alternatives! @Tiago Carvalhas your story is already better than this one with such low content and context!