Test your knowledge of the global economy. This information may surprise you. Ask teachers, politicians, and the press why they haven't been telling you these simple, yet important facts.
The American Freedom University, Shocking Economics
www.shockingeconomics.com

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Comments for this video on YouTube

It is not ... ( 3 months ago by Shorackoff)

It is not surprising at all that the US is by far the largest economy and the second one only a third of the size. The population of Japan is only -roughly- a third of the USA. If you take GDP/capita, the USA is 'only' ranked 10th to 12th (depending on the source) If you adjust the country's GDP for purchasing power parities (ppp), the second (China) is already 50% of the USA. If you take GDP/capita and correct for PPP, you get USA on 4th to 8th spot. Which tells more than GDP alone.

All the facts on ... ( 3 months ago by nintyceo)

All the facts on the video are true, except one: Germany was already a large economy even BEFORE 1st World War, without any of these american bullshit presented on the video. In fact, the grow up of nazi/fascist groups were largely influenced by the complete failure of the american liberalist economics (1929 crash).

It seems the ... ( 3 months ago by HungryNomadicLion)

It seems the creator of this video has something against how economics, politics, etc. are taught in universities. Why? Because they present a version of reality that is not 100% pro-American propaganda all the time? No one doubts the economic strength of the USA, or that America is based on some great ideas. But simply presenting (somewhat misleading) facts like these misses the point of an education. University should teach students "how" to think, not "what" to think.

I think you're ... ( 3 months ago by rburk41)

I think you're right on most counts, but I also think this video does present a new way of "how" to think about the US economy and other economies. I found it to be more "how" than "what" at least.

Freedom from ... ( 3 months ago by americastandingtall)

Freedom from indoctrination is so important to education.

I wonder where the ... ( 3 months ago by schil0c3)

I wonder where the creator got those numbers...because they are completely misleading, if not downright false

Hey ... ( 3 months ago by stevewzorn)

Hey HungryNomadicLion, Try disagreeing with a college professor on policital issues and see how much they value thinking that they didn't spoon feed you. Yeah, anyone who actually looks at the Universities in a realistic way will see that they are very liberal, both in number of professors and in the text books. In helping my son in 12th grade economics they put liberal propaganda into the explanations of different tax systems, calling a straight sales tax as progressive taxation.

I was a government ... ( 3 months ago by HungryNomadicLion)

I was a government & politics major, so I have interacted with many professors on political issues. It's not all liberal, but the more complex ideas tend to be. I had a social ethics professor that insisted moral objectivism was the only correct way, which would suggest she was trying to spoon feed us propaganda about the existence of God as a lawgiver. Guess what, plenty of people in the class challenged her on it, including myself. You are only a sheep if you let yourself be.

I dont really see ... ( 3 months ago by Todd4562)

I dont really see where most of this matters. Is this suppose to make us feel better that we cant afford housing in the US or if your on the other side cant sell your house. Its all realitive to the cost of living. The out put is greater but the cost of living is greater. that my 2 cents

Hi again ... ( 3 months ago by stevewzorn)

Hi again HungryNomadicLion, I have a problem with your statement that the more complex ideas tend to be liberal. Are you making the statement that conservative ideas need to be simple? Moral objectivism or moderate moral realism is the position that certain acts are objectively right or wrong. You don't have to spout religion, just there are right and wrongs, where is the propaganda? I'm sure it's not all liberal, 95% might be the right number. Do you challenge a liberal when they propagandize?

It says right at ... ( 3 months ago by rorydugan)

It says right at the end of the video where the numbers came from.

Can't afford ... ( 3 months ago by tubetraveler41)

Can't afford housing? People just need to live within their means. Owning a big house isn't a right. Rent an apartment.

I agree with what ... ( 3 months ago by Todd4562)

I agree with what you are saying. I don't think I was meaning what you think. No owning a big house is not a right and yes ever one should live with in their means. But if living within your means puts you where your only option is renting an apartment because a reasonable 3 bed room 2 bath house @1800 sf cost 150k plus it kind of sucks. (to be continued)

If you are not ... ( 3 months ago by Todd4562)

If you are not aware their is a large economic proplem currently going on. Part of it is because people who can live decent if they live within their means choose not to and another problem is that many people cant live decent with in their means. I don't know you but I would guess that maybe you don't relate. Maybe you can do a little more research on the wages in America and what the vast majority of people make.

I don't know you, ... ( 3 months ago by Todd4562)

I don't know you, but maybe you are in the better category of earning, maybe you are among the +-20% of Americans who have a college degree, (which I am currently working on mine), and maybe if it were not for the family you came from things would be harder for you. Sometimes life is hard even for the people who are living within their means, working as hard as they can, doing the right things.

Conservative ideas ... ( 3 months ago by HungryNomadicLion)

Conservative ideas tend to be more simple because they usually support the status quo, which is already in place. It's more simple to not try to progressively advance, than to try to advance. Moral objectivism must assume some higher law giver, otherwise you simply have cultural relativism or subjectivism. Absolute right requires absolute authority. I am a social libertarian and a loose supporter of keynesian economics. I'll let you decide how "liberal" that is. p.s. I hate hippies.

It's the economy, ... ( 3 months ago by rburk41)

It's the economy, stupid!

What did that mean? ... ( 3 months ago by Todd4562)

What did that mean? Can any one tell me what this means?

I believe it's the ... ( 3 months ago by tubetraveler41)

I believe it's the famous quote from one of Bill Clinton's campaign advisors when he was running for President the first time. Turned the campaign around.

God bless America! ... ( 3 months ago by StuBall224)

God bless America! I always said USA was #1 and now I have the proof.

Ohh man, that's ... ( 2 months ago by brunolliveira)

Ohh man, that's dumb, we need a little bit of keynesian economics to regulate market and I'm completely favor to free market, it's great for society and economy, but not favor to unfair comercial deals.

Hmmm...looks like a ... ( 1 month ago by adelsmana)

Hmmm...looks like a pretty intense economic dick measuring contest. What is the point of this video? Is it's economy all that comprises a nation? I can certainly think of a few things I'm not proud of about my country.

Great... another ... ( 1 month ago by Bortacus)

Great... another video which cites wikipedia as a source

This isn't ... ( 4 weeks ago by arcticmonkeysfan)

This isn't economics and this isn't shocking.