(Answered) Assignment1 watch the youtube video on the crisis of credit

Economics

Assignment

1. Watch the Youtube video on ''The Crisis of Credit Visualized'' which explains the role of Financial Institutions in 21st Century.

https://www.youtube.com/watch?v=bx_LWm6_6tA

Briefly explain the role of Investor Bankers and the concept of Collateralized Debt Obligations/Sub prime mortgages.

2.Watch the Youtube video on ''Bitcoin:Top 10 basic facts''.

https://www.youtube.com/watch?v=2UC_8NdR1To

Bitcoin is a virtual/digital currency which many people have started opting recently.Share your understanding around What it is? , How it originated? , How it works? Is it a threat to existing Monetary system around the globe? etc.... in not more than 300 words.

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