Tweet 13/06/2013 11:17 AM #economics "what happens to the cash in your bank?" Audience participation going on in this lecture! #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:20 AM #economics "of all of the money that exists in the world only 10% of it is real" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:22 AM #economics "global wealth exists because we believe it exists!" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:27 AM #economics "the house of cards" Between 1997 and 2007?things were going really well (the NICE Decade) #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:39 AM #economics "our journey began in the USA. Sub-prime mortgages" 0 0 2013 13/06/2013
Tweet 13/06/2013 11:42 AM #economics "there was panic from savers wanting to withdraw their money. This was called contagion" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:42 AM #economics "borrowing was crunched hence the term 'credit crunch'" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:49 AM #economics "theory 2: the paradox of thrift - people start saving their money, not spending and people in turn earn less" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 11:53 AM #economics "what if you spend more than you tax? The Govt has to borrow just like anyone else" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 12:23 PM #economics "Who is responsible... Bankers? The Banks? The Media? #" 0 0 2013 13/06/2013
Tweet 13/06/2013 12:26 PM #economics "recessions are an inevitable part of the capitalist system" #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 12:27 PM #economics lecture has come to an end. Thank you to Mr Wingfield for a humorous and in depth take on the credit crunch. #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 01:27 PM Session 4 lectures coming up: Alfred the Great (English/History), The Economics of Terrorism and the scriptwriting workshop continues. 0 0 2013 13/06/2013
Tweet 13/06/2013 01:54 PM The penultimate parents' evening takes place at Pre-Prep tonight for parents of nursery pupils (bees and badgers) #buzzbuzz 0 0 2013 13/06/2013
Tweet 13/06/2013 01:55 PM The Prep School is holding a special information evening tonight for parents of pupils going into Year 5 this September. #excitingtimesahead 0 0 2013 13/06/2013
Tweet 13/06/2013 02:03 PM Well done to Imogen Slater who took part in the Hereford and Worcester County Championships Senior Women's Epee Competition and finished 7th 0 0 2013 13/06/2013
Tweet 13/06/2013 02:05 PM Many congratulations to Georgina Horsley-Gubbins who has again qualified for the Horse of the Year Show at the NEC IN October. 0 0 2013 13/06/2013
Tweet 13/06/2013 02:21 PM The #economics of terrorism lecture is underway - fascinating and very current for today's audience. #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 02:22 PM #economics of terrorism step 1 - get some money! Phishing, credit card fraud... 0 0 2013 13/06/2013
Tweet 13/06/2013 02:23 PM #economics of terrorism Step 2 - Place it! Break up your money. #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 02:25 PM Mr Wingfield's lecture is packed full of eager pupils interested to learn the #economics of terrorism for #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 02:26 PM #economics "$330m seized last year for attempts to smuggle it out if the USA." #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 02:26 PM #economics of terrorism - Step 3 Layering! Cash smuggling, trade based laundering... #lectureweek 0 0 2013 13/06/2013
Tweet 13/06/2013 02:31 PM #economics of terrorism - Step 4 Integration. The money needs to end up in something that can be sold if you need the cash #lectureweek 0 0 2013 13/06/2013