How an unexpected event, sometimes even virtual, can impact on interbank relations, levels of production, employment, consumption and savings behavior. Seemingly complex concepts explained in a cartoon.
Source: Banque de France - Cité de l’Économie et de la Monnaie, in partnership with Universcience (This film was presented in 2013 at the exhibition "All you need to know about economics" At the Cité des sciences).
Objective: understand the financial crisis. The film starts with the presentation of a bank balance sheet. He evokes the specificity of the financial sphere, connected to the whole economy and the whole country. Blocking interbank relations, the drying up of the credit channel, the domino effect, the phenomenon of confidence loss and the impact on the real economy are illustrated. Finally, the role of regulators in the prevention and resolution of crises is explained.
Audience: 10+ (especially from college)
Published on 5 November 2013.