VIDEO ANALYSIS MY DAUGHTER WANTS TO LEARN WANTS TO

UNDERSTAND ABOUT THE FINANCIAL SYSTEM

The speaker explains about the situation that happened to him on how to explain to his
youngest daughter about the financial system mainly because they heard in the news
about the financial crisis that occurred in 2008 and the current situation of the financial
system.
At this point we can begin to explain the relationship between the story and the events
of that year. First of all, the reference to "PAPELITOS" we understand that they are
BONDS or debentures as securities representing the part of a debt in favor of its holder
and issued by an entity for the financing of a project.

Then we have the nominal value of the bond, which is the 2 pesos that Pepe promises to
pay at the inauguration of his project to all the people who buy a piece of paper of his
project; it can be interpreted as the real concept of the nominal value of the bond. We
understand the nominal value of the bond as the amount of money that the owner of a
security attributes to it, representing the sum received in exchange for it.

"PUBLIC DEBT SECURITIES" are the little pieces of paper sold by the mayor to
the population, in real life they can be fully represented by public debt securities. We
understand public debt securities as a security reflecting a debt that the government
incurs with an investor.

"THE PAPERBOARD HALL", can be interpreted as the real concept of the stock
exchange. Likewise, the stock exchange as a private organization, which is in charge of
regularizing the primary and secondary stock market, in which corporate securities are
exchanged.
"ERNESTO'S FAJOS", can be interpreted as the actual concept of debt obligations.
Debt obligations as a generic name for bonds, debentures, promissory notes, mortgage-
backed securities, etc., that are part of the financial system.

"KIKE'S CONSULTATIONS" can be interpreted as the actual concept of

Investment Banking.
Investment Banking as a financial services company or corporate division that conducts
advisory-based financial transactions on behalf of individuals.
KIKE'S TRANQUILITY" can be interpreted as the actual concept of Debt Default
Insurance. This debt default insurance is a financial product consisting of a financial
hedging operation on certain credit instruments.
"LA PIZARRA" from the story by the reporter Hernán Casciari, can be interpreted as
the real concept of Rating Agencies.
Rating agencies as private entities that issue an opinion on the creditworthiness of a
particular entity or debt instrument.
In conclusion, this exercise, besides relating concepts of the financial world, can also
relate concepts that surround us daily in all areas of our lives, such as: corruption,
rudeness, the negative advantage of some over others, greed, ambition, among others.