Comments by "Wide Awake Human" (@WideAwakeHuman) on "Why Recessions Happen" video.

  1.  @Laking86er  recessions can result from different things but psychology isn’t causing massive depressions/recessions. Fractional reserve banking is the problem. Irresponsible financial practices carried out in every sector from the govt to banks to companies to private individuals is what causes depressions. Printing money and inflating cost/stealing buying power from regular people. Overleveraging is what causes the snowball. One dip happens and no one can handle it because they have so much debt and so little room for error. If everyone would just be responsible, save some money and be prepared and the govt would stop printing money into the system the recessions would pretty much disappear
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