Wow. A brilliant piece. The Real News keeps it REAL.

Those who ignore the lessons of history are doomed to repeat it

Thanks Thomas for doing all the case cracking! Hopefully people wise up and become more independent of the system. Time is ticking.

We wonder why ! No consequences for a Las Vegas economy

That feeling when solutions-based reporting puts out a headline like this one.

Why is it called the 'revolving door' and not 'corruption'?

@daddyleon

6 жыл бұрын

Perhaps because using that euphemism gives less backlash fom the establishment?? I sincerely don't know. It's a good question, because people wo use that term, often don't like it, so why not go full in and crystal clear with the criticism?

@davidschlessinger9945

6 жыл бұрын

they mean the same thing

@aforsy

6 жыл бұрын

Revolving door is a description of one kind of corruption. There's plenty of corruption that isn't revolving door, but they were talking about that specific phenomenon in that bit

@j.a.6866

5 жыл бұрын

Because it’s not illegal

@nicktrice4921

4 жыл бұрын

Because corruption obfuscates and legitimizes itself through euphemism and deflection.

Great show. As far as the economy goes a public bank does seem to make sense to me. I'm wondering though if that will have any effect on government legislation and regulatory capture

"AUSTERITY" soon coming to a place near you.

Remove the regulations that imped public banks. Create public banks and compete against private banks. Oh ya, private banks don’t want the competition.

Did he mention Quantitative Easing, the Federal Reserve Bank buying $16 Trillion worth or mortage-backed securities. This led to the housing and stock maket bubble (I guess tax cuts & Stock buy backs is a cause), so this all sets us up for 2008 Redux.

I do not wish for another financial crisis, but if it happens, I hope we wise up, and the solution is one that benefits the people, instead of the wealthy, banking class.

@magnanimousknight1162

6 жыл бұрын

That'll only happen with progressives in office.

@yourelusivedream

6 жыл бұрын

Wishful thinking

Good analysis

A friend of mine was recently made head of department at a big bank looking at how to sell of assets should they need to do so quickly. So the banks themselves are worried about surviving when the crash happens.

Let the Banksters go bankrupt. Can't wait 'till Trump says no when they ask for another bail out.

instead of physical Terror they use economic Terror

As with the previous financial crisis, an energy price spike precedes it so watch the oil price. Infinite growth on a finite planet is impossible, thus an economic collapse is inevitable. our next documentary in production Ecosophia is on how to prepare for climate change and economic collapse.

@ThatGuyDownInThe

4 жыл бұрын

Thank Godddddddd

There have been 11 recessionary contractions just since the end of the Second World War. British economist Fred Harrison explained why as long ago as 1983 in his book "The Power in the Land." Since then he has produced a long list of book elaborating on the causes as well as a number of insightful videos one can view on KZread.

Isn't there a postal banking initiative? That would be a public banking system wouldn't it?

If we are overdue for a crisis, why hasn't it happened yet? Can someone explain that to me? Serious question guys.

When u guys 1st started i liked the premise and subbed but saw u guys only getting 200-300 views per vid and thought ur legitimacy that u show in ur production quality and professionalism was hurt in my eyes. Big mistake, ive been watching since ur start months ago and have been very impressed, well done and pls never give up!

How to survive the worldwide starvation crisis caused by Peak Oil; "What can I do"? According to the experts you should: 1. Garden with sustainable agriculture techniques (less pesticides and fertilizer (organic or better yet permaculture)). 2. Buy food and manufactured goods made locally 3. Pay down debt 4. Learn skills they will be useful in the future and make friends that have useful skills you don't have (related to providing food, water, shelter, and medical care. A necessary skill is organic/permaculture gardening/farming). Very important: medical plant and medical skills are the best way to ensure your survival. All others will gladly sacrifice their life to protect your life, so you are around to use your medical knowledge to keep their families alive. 5. I recommend to invest some money into technologies to increase the "carrying capacity" of the planet (high risk investments); A. decrease environmental impact per capital B. alternatives for our food system input to improve production C. alternatives to our current living arrangements, D. alternatives to our plastics industry, E. alternatives to disaster capitalism F. "Savior technologies", ie faster-than-light travel, "game changer" technologies, ie Cold fusion energy & "delaying technologies", ie deep drilling technologies. 6. I also recommend you inform and prepare your family, friends, and others. It is best to initially suggest people have an emergency kit... for any emergency such as flood, earthquake, tornado, hurricane, loss of electricity due to a winter storm. Then, if the friend or relative puts together a disaster kit, what I do is introduce Peak Oil (by telling them of the 43 second movie trailer m.natgeotv.com/ca/2210-thecollapse/videos/collapse-of-earth , the "National Geographic Collapse" movie on KZread, & free book downloads; 7. For the truly motivated, a community based organization to mitigate Climate Change and Peak Oil is: www.transitionus.org/ (For non USA; transitionnetwork.org/) Google "2052 free book summary download", & "Plan C". See the Facebook page: "National Geographic Collapse movie"

could u add the links 4 the other parts under the video?

@TakaHebi110

5 жыл бұрын

found it

Capitalism is like the Monopoly game; eventually, one person wins it all. Yet, it is the closest system to human nature. True that it needs constant expansion, but there is ample room to expand as more and more nations are joining the system.

We are seeing a nomenklatur, such as that in the former USSR .

We will have to see. Its hard to predict capitalism.

You should have kept these two parts together. Easier to share. Also you should have asked him about a bail in where they go after depositors money not taxpayers.

it's coming and it's going to be big just like 1929.

LMAO! Yea there is an alternative to the "Bailouts". This time the banksters will do a "Bailin",... Go into your bank account and take a percentage.

Economic cycles matter. Interest rate cycles matter. The current cycle looks to be running as expected till around late 2019, yield curves are flattening. However the US economy is relatively strong vs most of the ROW, the US has no major bubble so any slowdown/recession there will be relatively short lived. Economies like China, many EM's, Australia, Canada, Sweden and many others who did not correct housing markets will see a far more prolonged and severe downturn as they struggle with a rising IR environment and their debt loads. The next major Western GFC led by the US will emerge from it's relative strength, this will attract further speculation in stocks and especially housing, creating the next bubble which should peak sometime around 2024/5, leading to the next GFC around 2026/7.

@charlesbeaudry3263

6 жыл бұрын

schumanhuman soje interesting ideas worth considering but I agree with prof Steve Keenes that private debt wil unravel the economy and that will happen way before 2025. I hope you are right and Keenes is wrong but i tend to side with the professor on this.

@schumanhuman

6 жыл бұрын

Well we'll see, I more often than not agree with Steve Keen's analysis, I think he's right this time on Australia, he's aware of the Western 18 year real estate cycle theory I'm talking about. www.exponentialinvestor.com/technology/boom-times-are-here-again/

❄️📹

@stephenwardgo968

5 жыл бұрын

On top of everything else they want to build a wall Stephen ward

The next crisis is likely to a normal industrial recession and not a financial crisis that will threaten big banks - financial crises are actually rare compared to recessions ... as I said below, this guy has not studied and understood the history properly.

@charlesbeaudry3263

6 жыл бұрын

john cale I don't agree with you, mainly because the amount of private debt, the key determinant predicting financial crises, is actually higher now than in 2007. Add to this the stockmarket bubble caused by all the stock buybacks resulting from the big Trump tax cuts (at the hight of the economic cycle) is a disaster waiting to happen. Notice I said nothing about public debt because it does not matter if owed in you own currency. Notbto say state debt and obligations are not serious and will cause some problems that will lead to more federal power over union in return for mopping up the obligations.

This guy is not a "expert" ... or 1. He would understand that financial crises are not the same as ordinary recessions .. and 2. You need to look back at more than 70 years of history to look at various other crises such as the financial crisis of 1907 plus the various other recessions that also too place.... you cant start with the Great Depression.... this is a very limited analysis.

fake news

Why is it called the 'revolving door' and not 'corruption'?