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Ascent of Money, educational vid

I personally recommend Nail Fergusson, this great historian who takes you on a time travel with him into the depths of history

and Money trails. He lays bare the underpinnings of American capitalism on easy credit and ease of walking away from accumulated debts, painless and also without any stigma .

"Memphis is famous for blue suede shoes, barbecue ribs and bankruptcies" Nail Ferguson, Harvard historian here connecting the dots ,US economy's innovative power hinges on easy credit and bankruptcy laws to protect the debtor .and no Shylock's to extract the pound of flesh from defaulters.

( educational vid)

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