This presentation had been presented by Redouane at Universidad Internacional Menendez Pelayo, it is about economic crisis, it includes the main reason of the recent crisis

1. Financial crisis
Presented by: Redouane Mehdi
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2. Debt is the worst poverty.
Thomas Fuller, Gnomologia, 1732
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3. Index
 Introduction
 Banks created too much money
 Affects on prices and speculate on
financial markets
 The unpayable debts
 This caused a financial crisis
 Shrinking The economy
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4. Introduction
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5. Banks created too much money!
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6. Affects on house prices &
speculate on financial markets
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Pricing
Pricing
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7. The unpayable debts
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8. This caused a financial crisis
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10. Economic shrinks
“Just as taking out a new loan creates
money, the repayment of bank loans
destroys money… Banks making loans
and consumers repaying them are
the most significant ways in which bank
deposits are created and destroyed in the
modern economy.” (Money Creation in
the Modern Economy, Bank of England
p3-4)
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