VIDEO: David McWilliams explains why the world economy is still doomed

In his latest ‘punk economics’ video, the floppy-haired one looks at panic in China and the fading recovery in the US.

ECONOMIST DAVID MCWILLIAMS has made the latest in his series of ‘punk economics’ videos in which he aims to explain economic goings-on using straightforward language and some rather nifty drawings.

In this latest video, the floppy-haired one takes a look at why a slowdown in China is on the cards, how recovery is fading in the US, and – of course – the never-ending crisis in Europe.

Check out the video – and David’s graffiti skills – here.

(Video via davidmcwill/YouTube)

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