Interesting video.
I see that this guy is a senior editor with
Marketplace. That's an excellent radio program. It's probably on your local NPR station every night. I'm a regular listener. Great insights and discussion about the economy and markets, but also offers fascinating stories about business in general.
For an even more in depth yet easy to understand look at the whole economic mess, I would highly recommend the
This American Life episodes #355,
The Giant Pool of Money and #365
Another Frightening Show About the Economy. They're each about an hour long.
Those two shows gave me a much better understanding of what has happened to the economy and how we got here. For me, far more useful than any of the talking heads I've watched on CNN, MSNBC, etc. If you're interested in all of this mess, but are just a 'civilian' like me, I'd highly recommend them.