Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Interesting, Mind if I ask you recommend this particular professional you use their service? honestly right now i have quite a lot of marketing problems.
“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
Given that we are not used to such volatile markets, the fact that the US stock market has been on its longest bull run in history helps to explain the widespread fear and enthusiasm. There are chances if you know where to look, as you noted when I earned more than $780k in the prior ten months. I hired a portfolio advisor because I knew I would need a solid plan to get through these difficult times.
It was run by Julie Anne Hoover, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
@@danieljackson87 I just copied and pasted Julie’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.
I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $27000 this nov. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserve
Even in this whirlwind, there are chances to be had, thus an increase in volatility is not always a bad thing. You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.
I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@@talented009 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 50 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
Elise Marie Terry is the coach that guides me, She has years of financial market experience, you can use someone else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
It’s hard for me to nail down specific predictions for the housing market because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of a broker, before I started seeing any significant results in my portfolio, been using the same Adviser and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Recently I read a book about the housing collapse and one statement from a long time trader really stuck in my head. He said "The biggest mistake the public can make is to assume that someone in a very responsible position with decades of experience actually knows what they're doing."
We know more today than ever before. It’s all about their great reset. It’s design that way: Taking down the USA one market crash, one terrorist attack at a time. All false flags! They know what they’re doing.
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy, or not?
Stocks with yields that outperform the market should be on your radar, as should shares that at least lag the market over the long term. But if you want a long-term strategy that works, I advise you to consult a broker or financial advisor.
Don't depend your market assessments and decisions on hearsay and rumors; I did it in 2020 and ended up with worthless market holdings. Before I started noticing any notable improvements in my portfolio, Helene and I had to completely rebuild it. I've been using the same advisor ever then, and in just two years I've scaled up to $876k. Depending on where you look, a bullish or down market might both produce good profits.
Thats a good one. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
She should. Having a counselor is quite imperative for portfolio diversification. My advisor is *''Helene Claire Johnson''* . She is easily looked up and has extensive knowledge of the financial markets.
I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
I recall in 2007, I had a mortgage with Countrywide, one of their reps called and attempted, for over an hour and a half, to convince me to refinance, and borrow more on my home that had a 15 year mortgage and make change to a 30 year mortgage. I could not understand why at the time but now I am glad I refused to comply and my home has since been been paid off several years ago.
Call after call, day after day, month after month, those calls never stopped. my poor pop took the money. Meanwhile, while working for the Conrad Hilton as a server/houseman I was privy to a secret meeting ( secret service guarding the door) between ben Bernanke and the chairman of the federal reserve. I couldn't understand a word they said in context but, ben seemed to be reassuring them.... those were strange days.
Until there's a considerable rise in housing supply, it's improbable that housing prices will notably drop. In the USA, there's a shortage of millions of housing units, and construction isn't matching this deficit. The consistent demand for housing, combined with population growth, results in even a slight price decrease attracting many buyers who swiftly acquire the available supply. I'm contemplating buying budget-friendly houses in 2024 and potentially exploring stock investments. As for the best time to enter the stock market, opinions vary: some find it profitable while others consider it risky. Any guidance on this matter?
Consider investing in stocks especially during a recession. While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
You're right! With the help of an experienced coach, I made some changes in my investments. I started with $321k, and now I have more than $750k by investing in stocks, ETFs, and bonds. I think housing prices won't go down much until there are more houses available.
My advisor is Stacie Lynn Winson, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this too, I just googled Stacie and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
After selling a couple homes in 2022, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.
I concur; I've been in frequent communication with an investing advisor for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing consultants, sometimes known as portfolio coaches by some.
@@joshbarney114 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
@@eloign7147 My advisor “Colleen Janie Towe” is a highly respected financial consultant in the industry. For further information or to connect with her, a simple online search with her name will suffice. I wish you every success in your endeavors
@@joshbarney114I must say, Colleen appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Years ago public schools offered Home Economic classes. Mostly for girls, how to cook a roast, bake a pie, budget a household etc which were life changing skills. That class was cut from most schools in the early 1970s. It armed the youth to budget, save, shop responsibly and I suspect the Powers that Be found that knowledge for the soon to be young adults manage money to be dangerous to business.
If the balance sheets of the companies and/or the banks are fake you can be financially educated as much as you want but it will be completely useless.
My college professor told us in business school you can steal more with a pen and an expensive 3 piece suit then you ever could with just a gun and a mask!
@@bennyxenaz5551 because the thugs they can see, they don't see the crime done behind these secret meetings. Plus many do t care to educate themselves on the matter
My parents also taught me some life lessons It's easier for a 🐪 camel to squeeze through the eye of a needle than it is for a rich man to go to heaven what do you supose my parents meant by that
Gramps taught me that too, only young person I knew that constantly had money in my account, 800+ credit score,and no debt. While everyone I knew was using credit cards and buying flashy cars & buying houses. Now 98% of them have claimed bankruptcy.
TheGentleman Smith exactly. I only use credit card like debit card for the rewards. I saved enough money to buy a car in full got a loan and payed it off in 8 months to build more credit. I too have a 790 credit score and no spending limit on my cards. $0 In debt and I own a home with no mortgage. Saved up more and bought a food truck business turn key with no debt. I’m 31 and I’ll be retired by 40 with stocks that pay dividends. You can’t ever win if you’re in debt. Not all but most people you see driving bmw and Mercedes with half million dollar homes will be in debt for their entire lives with no true financial freedom. Listen to the Dave Ramsey show. I was doing everything he said before I found out about his show. I don’t agree with him on credit cards though. He says don’t have them but the cash back from my business alone goes straight into Roth IRA for retirement and I’m responsible with them. He says don’t have them because most people aren’t. You are doing the right thing and you’ll have a great future with a level head on your shoulders.
I worked for Countrywide in the sub-prime division and eventually have worked for Bank of America for a total of 16 years. I remember when I actually saw the 2/28 notes that I was selling and it made me sick what I was selling. When I refused to sell a fixed income person a note that would have bankrupt her, it was just given to someone else. I felt sick for the company I was working for. When B of A bought out Countrywide things did change, but I remember those days and was just out of college and will never do that again!
Saw GDC minus trillions in october 2019....started prepping for 2020....didn't realise CV would bring it forward... Not many are seeing the worst to come😷
We should have followed the example of the Icelanders and thrown the bankers in jail. The repeal of Glass-Steagall is also to blame but not mentioned in this documentary.
Good thought, but, there are many layers of corruption That just kept growing over Decades. I always believed The good guys would say Something, but, many of them Became corrupt, killed for speaking out, families threatened. It is all unraveling Now...soon you will see some of these satanic worshipers go down. Because, we are of the light Of the good people who have faith...we will win! Says so in the Bible!
I was a year ahead of Bill Clinton at Georgetown. We had the same Economics teachers, and we learned to have opposing views from each other, evidently: He thought that repealing Glass-Steagall would be a good thing, and I thought that G-S was what kept Wall Street investment houses out of other businesses, lesson having been learned from the Great Depression of the 1930s, a sensible regulation that was put in place for a reason, and now we see why.
I love how politicians and bankers talk about 'ending their holidays early' or 'working through the weekend on capital hill' as if they only do this kind of thing for 'real emergencies' ...meanwhile hundreds of thousands of people are losing their homes and retirement
62 million US mortgages are fraud - Packaged into securities, and resold several times on the Stock Market (aka derivatives) TAX FREE. Since the payout to the banks was immediate - and tax free - they started writing Notes/Mortgages with people who had no means of reliable support. The next thing they did was to sell these bundled mortgages to large pension holders, (Fire Fighters, Teachers, Governments, Insurance Companies). In the process, pensions and retirement cashes were plundered! Many don’t realize today how pensions are empty due to this fraud. Governments will now have to cut back on services in order to continue paying their retirees. How did they fall for it? Because the rating agencies (Moody’s etc.) were bribed to report the securities were as “safe as gold”. And Fannie Mae and Freddie Mac administrators were bribed to go along with the process. When it was uncovered in 2007/2008, 49 Attorney Generals took up arms - since among other things no tax was paid on the transfer of real estate property ownership. Unfortunately, the Attorney Generals were all told to “Stand Down”- There would be no prosecutions: Only the turning over of 100s of small banks to the large Wall Street Banking Terrorist who created the scam. So who runs the USA? The West? It’s not government: It’s Central Banks DON'T BLAME COUNTRYWIDE: the trading gimmick was created by Wall Street Banking terrorist in 1985. I have the memo by the Clearly Law firm of NY who wrote the SEC on behalf of Lehman Brothers to approve the gimmick. The next 10 years were spent bribing the principles (rating agencies, Freddie Man, Fannie, Clinton Administration) on behalf of Goldman Sach's who would act as the Trustee in the process. Countrywide was what the Russians would call "a usable idiot"! Anyone can write me for copy of the memo which was integral to starting it all on behalf of Goldman Sach's and other Wall Street Banking Terrorist! And now, having already sold the Note/Deed as stocks on the stock market (and having paid Zero tax under NY Trust law and IRS Code 860), the banks are illegally foreclosing! When the Federal judge stops them, they simply form a shell company and continue! Bank of America, for example, has been banned from the practice (Google: the blitz), so they just form 100’s of shell companies and continue the illegal practice! At the same time, Goldman Sach’s was paid commission on each fraudulent derivative as they acted as the Trustee - And they continue to do so, over and over again today! On top of it all, they got a 29 trillion dollar bailout. For what?! They already got paid! On top of it all, they got a 29 trillion dollar bailout. For what?! They already got paid! Meanwhile, Iceland, Scandinavia, South Korea and New Zealand (and Iran) prosecuted these banking terrorist whilst the USA rewarded them beyond the dreams of avarice. The banks that profit from war, such as the privately held Federal Reserve Bank, own us! We work for them. They are not backed by gold - But rather the USA army. Since the first Iraq war over 200,000 Veterans have committed suicide whilst a draft dodger sits in the White House. www.yesmagazine.org/new-economy/homeowners-rebellion-could-62-million-homes-be-foreclosure-proof
@@sugarpuddin What a great piece of information. You should put this statement in the actual messages board, and not here as a reply to some other message, so more folk can read it. I think everybody needs to know what u wrote. Nice one! 👍🏴
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
In 2006 my boss told the whole company to start looking for jobs because he was shutting down in 2007 because there will be a crash in 2008 & he was right!
It never stopped. I hoped to live the American Dream of home ownership in the 2000's but soon realized I could never afford to do so on my working class wage, so I stayed patient and kept my powder dry through the housing bubble. When the crash happened I bought a place out of foreclosure, making my dream come true on someone else's trail of tears. As a new homeowner every day I heard ads saying "Take out a home equity loan! Pull money out of your house! Do that renovation project! Take a Caribbean vacation! Borrow borrow borrow!!! Spend spend spend!!!" It made me kind of sick.
@@s4sunshine01 we'll always need oil, you can't make medicinal products,plastics, cosmetics and thousands of other material objects with sunshine and wind.
Man does this bring back bad memories. Me and my ex-wife bought our first house with Countrywide and a few years in we learned that we were now under a Bank of America mortgage and we were like wtf?! We didn't lose our house or anything but it was strange how we realized they could do whatever they want with our loan without our consent.
restfulsole7 System is the problem 🏡 Our Life should be around these Great Qualities..... 1, Show all living creatures; all the love and kindness as much as you can. 2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later. 3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most. 4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice. 5, Always learn and look for to improve something your life. 6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it. 7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success. 8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments. 9, Never believe anything without the proper evidences. 10, Always try to give more than you take. Because it is dignity/ character of the divinity within you. 🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all. People are controlled by system why? The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more. Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix) 😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression. ruclips.net/video/HbvCxMfcKv4/видео.html ruclips.net/video/Z_Mxjdrd7Sw/видео.html ruclips.net/video/wLzeakKC6fE/видео.html ruclips.net/video/P8vHa8zD7jY/видео.html ruclips.net/video/pIJHJzDQcRM/видео.html
I've been around the market long enough to know that these ups and downs can still prove to be highly beneficial, time and again I've seen people use these windows of opportunities to make millions and set up for retirement, I just don't know how they did it.
the best solution is to hire an investment coach that can construct a flexible portfolio to reflect changing market conditions and retirement objectives, with this you can review portfolio regularly and make changes when necessary
@@PhilipMurray251 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@marianparker7502 I am being guided by "CORINNE CECILIA HEANEY" who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
another world war? I've heard of bad tidings of economical manipulation in China, but with overall quality of life on the fall worldwide as the newest generation struggles to establish themselves in any work or earn any pay... There's only so low that the world can go.
@@mirta000 The baby boomers have undervalued the blue collar market to such an extent that it's close to slavery. 30 years ago there was no such thing as "interships". Think about that. Millenials and Gen Z are some of the poorest in history. Meanwhile baby boomers have raped the economy for their own gains. How many speculative bubbles have burst just in the last 20 years? That shows the people running the show are totally reckless with the economy and people's livelihoods. The pay gap between normal workers and CEO's is over 700%, this is nuts. I still believe that capitalism is the best economic system we have but this is capitalism gone wild, no wonder so many young people are becoming marxists.
They gave me a mortgage for 96k in 2003 they say I can have more if I wanted a big house ($200k )but I declined I was too scared to buy a house that was more because we barely made any money still today I was able to live thru the recession because my mortgage was never high monthly,I have always been scared to take on bigger than I can chew ..I guess my fear saved me 🏡 3 bedroom 2 bath 🛀!
Inserting "2020" is CLICK BAIT! Nothing in the program relates to COVID 19 and how the world's populations will survive it. DO NOT WASTE YOUR TIME ON THIS.
People have no general understand of the economy and investing... it's sad to watch people buy homes with literally minimum to no downpayment... you're literally screwd in all possible ways...
Bush abolished the rules for mortgage lending. Companies like Countrywide were approving anyone with a pulse for a mortgage. They made a commission and sold it to Freddie Mac. The CEO, Mozillo walked away with half a Billion
Investing TV you are totally right in your comment, a few years ago, a family member was given a loan for a house with $500,000, nothing down, zero for five years, like most people are getting, I advise them not to do it, because when we ask the realtor that we want it a 30 year, since the bank already approved it, that instead of having a fabulous zero after that video, we wanted to 30 year loan, the realtor said no the bank is not going to go for that. That’s when we pick up all the paperwork, and we just walked out. Because that was a sham, that the banks were doing. The banks were willing to give you a $500,000 loan, zero interest rate for five years, after that a video, but they were not willing to give you a 30 year loan, with points. I figure it’s a sham
That is called the community reinvestment act of 1977 encouraging people from "low economic OR minority backgrounds" to get SUB-Prime mortgages.... Or in other words.... Mortgages they CANNOT AFFORD. You can blame the government fo that. Getting rid of the banking practice known as "redlining" means making banks have LESS ECONOMIC INDICATORS to evaluate whether someone trying to get a mortgage is even capable of paying back the mortgage in the future. :D :D
Beograd najskuplji u Evropi u odnosu na primanja, ako je verovati ovoj statistici. www.numbeo.com/property-investment/region_rankings_current.jsp?region=150
and still going up and now the councils in kent are jumping in on the act and KCC just lost 263 million of tax payers money its the top greedy fuckers still making the money and the poor picking up the bill
actually it's almost doubled than that the price of 2008. My friend bought a home in San Francisco for 900k in 2008 we all thought he was crazy and it's now 1.8 million in 2019.
My parents bought a home for $127K in WA financed by Countrywide in 1996. At the time my father was working and making roughly the same amount of the house solely. With $80K down payment, my parents should have had everything paid in full by 2001. When my mom called and asked for the information on the house in 2005, the man on the other line told her "it's a scam there's nothing on file for you, we're going to go under in the next couple of years...I'm leaving this company this month and I'm going to do you a favor and shred your paperwork... and after that don't say a word to anyone..."...a few years later this happened.
So wait... pre-internet (2001) I'm to understand that Countrywide had paperwork (lien) on the property that said "loan is X principle" ... rate is "Y" ... payment is "Z" and this "mole" just did this to screw CW Mortgage?
When I moved house at the end of 2007 I went to see my lender about a mortgage for the new house and they tried to persuade me not to sell the old house but to let it out and have two mortgages - I said no I was selling the old house to pay for the new house - they were most put out.
I already lost faith in fake fiat currency. Some 5 years ago I bought several hundred bitcoins at $250 each. After 20% tax on it I bought free and clear a 3/4 million dollar home, 40 acres of land and much more in the Great North Woods of Northern New Hampshire. Still have over $1,000,000 dollars after tax worth of bitcoin left and in the coming years its value will dramatically increase. Escape fiat and the Federal Reserve. I did it and so can you.
When everything crashed I remember my dad telling me “you think this is bad??this is a a little slap on the wrist the next crash will be a stab in your heart”
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
@@EileenToups My advisor is ‘’Diana Luise Hines’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
It really started in 2002 with a mortgage security from LIBOR which was a loan as low as 1% which was fixed for 6 months to one year and adjusted every 6 months after that. I saw an interest rate cap as high as 8%. Many of those loans required no income documentation. It was a Countrywide loan.
I remember watching the ads for no doc mortgages and wondered "how the hell is That possible?" When I got my first mortgage in 92, I had to complete a 12 page application.
Haha, the rating agencies are the ones that let this shit loose into the markets. If they had the balls to say something to the SEC and stop rating the bullshit as gold, this whole shit wouldn't have happened. They all work together, like it said, FOR THE FEES!!
This story tells only part of the truth. Yes, major banks and mortgage bankers made loans that to people who would have not qualified for a loan under normal circumstances. But the dynamics of this is much more complex than that. The federal government, under equal housing opportunity laws, forced banks to drop their qualification requirements and guaranteed most of those loans, and allow banks to bundle loans into mortgage-backed trading instruments that were, at one point, pushed as the safest investment around because it was backed by the government, and by the false belief that real estate prices will go up forever. Another thing what was allowed was the ARMs (Adjustable Rate Mortgages). The interest rate on these loans would go up every year until it reached a point even those who could initially afford to service the mortgage were no longer able to do so. All the way to the late 1980s people had to put down a sizable down payment (usually no less than 5% of the contract price), and show a couple of IRS returns to confirm they have had a steady income for at least a couple of years. There was also a rate applied (38% comes to mind) that set the limit to how much a household could afford in mortgage payments and still keep the lights on and buy food. If your mortgage payment exceeded that percentage of the household income the loan was denied. To “make everybody able to buy a house”, the government forced/allowed banks to violate the most basic rules of finances and engage in a highly speculative generation of financial instruments (mortgage-backed securities). In many cases people were allowed to buy with zero down payment (100% financing). Many experts wrote about this in 2005-2006 and warned that this bubble was about to pop, and identified the institutions that would take a big fall, those who were involved in guaranteeing, securitizing, and holding these mortgage-back securities like AIG, Fanny Mae, Freddie Mack, and a number of financial institutions. But few people listened. Alan Greenspan convinced everybody that he had a magic wand (Greenspan's Put) that gave him the power to prevent the disaster.
They didn’t just play in the snow. Trust me. The snow was being moved around within the rich. Easy to move when you have power and a percentage of what was being moved. When they say greedy..... these motherfuckers were greedy.
@@Jojo-zp7fu I just watched a good doc on the 1929 crash. Same fking families loaning money recklessly to unknowing Americans, keeping the aura of business as usual as long as possible, then pretending to be the hero's as they shored up the market and gobbled up the assets. These people are nothing but con men that got the right legislation passed to make their crimes "legit".
Murray Flewelling System is the problem 🏡 Our Life should be around these Great Qualities..... 1, Show all living creatures; all the love and kindness as much as you can. 2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later. 3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most. 4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice. 5, Always learn and look for to improve something your life. 6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it. 7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success. 8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments. 9, Never believe anything without the proper evidences. 10, Always try to give more than you take. Because it is dignity/ character of the divinity within you. 🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all. People are controlled by system why? The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more. Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix) 😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression. ruclips.net/video/HbvCxMfcKv4/видео.html ruclips.net/video/Z_Mxjdrd7Sw/видео.html ruclips.net/video/wLzeakKC6fE/видео.html ruclips.net/video/P8vHa8zD7jY/видео.html ruclips.net/video/pIJHJzDQcRM/видео.html
Dwight Raver neither did the local property tax assessors all around the country. they knew properties not really doubling in less than 5 years!!!! I also put the blame on every consumer I've ever met that never cared about total finance costs. all they wanted to know was" how much a month?". sure they look down at my older, used looking vehicle. but at least mine was purchased with more cash then they'll ever see. they never see actual cash being transferred when a loan approved or line of credit utilized. they're still making high monthly payments on over priced vehicles that the novelty had worn off as the defects start shining through plus higher insurance payments. they can't understand how I'm always smiling while buying myself all kinds of expensive toys and paying for all my expenses in cash from my paychecks while they always have to pull out a credit card .
Oh yeah they all knew what was going on..danger to the economy might be the single biggest national security threat there is ..they definitely knew and didn't give a Flyn fuck
Nope. I never fell for it. Here in California homes and subdivisions spring up overnight. But you couldn't pay the mortgage and no FHA? Forget that. Knew Banks were giving ppl loans they couldn't afford and what about after 3 years the mortgage would reset from 600 to $3,200 a month. No one can afford that. Told friends but no body listened. They called me a fool for continuing to rent. All lost their homes. Been in my apt since 2006. Oh well. Bank loans stink
When I invest, I always, without fail, do it the Warren Buffet way. Analyze everything; the Ceo pedigree, the management pedigree, product quality, market size etc. It works well. Most people don’t do that amount of work up front
YES, that was back in 2008 and Wall Street hasn't learned its lesson. Now the corporate debts crisis is about to explode in the 2020 and will trigger a much bigger avalanche. Stay tune.
Greed is a terrible thing. How much is enough. I found myself cringing alot during this documentary. I work in finance and put myself in my client's shoes. You have a fiduciary responsibility in this industry to assist and protect these good hardworking people. I am grateful to them because they enable me to earn and take care of my family. You are supposed to be your brother's keeper. Wish all these corrupt greedy pricks had followed suit. They give us honest proffesionals a bad name and not only is it wrong , it's unforgivable. Bastards.
Jose M. Botelho Jr. You are absolutely correct! It all comes down to $, a fake and corrupt interpretation of true US currency. It’s sad how we as the people have embraced this and corporations and banks have capitalized on our belief of the “system.” Money is just numbers being electronically moved back and forth and all over the world. Corporations and banks fake their earnings because they can, they are the bank, they can type into their system whatever amount they want. It’s unfortunate because the financial industry is really genius. I am a CPA, and have been for over 14 years, and it’s a shame how the collapse in 2008 has slapped a bad name over all of us. The financial industry will never be the same. There will be another 2008 most likely in 2020. All the evidence is there. What’s that old saying again, “doing the same thing over and over again despite achieving the same result,” is the definition of insanity. It’s quite simple, but our fake currency and greedy corporations continue with their old tricks disguised as something new. Cheers brother. I’m glad to see some people still have morals, let alone a brain.
Jose M. Botelho Jr. Powerful statement sir ! I was a lucky “ Celebrity Nobody... Captain of service & Sommelier... retired in 2010’ ... my portfolio was counter intuitive and insights from individuals like yourself Jose M. B. ... A big amount of respect to you ... mi hermano Enrique Arturo Lujan-III .. ever in Vegas... give me a call 1-702-767-0072
Jose M. Botelho Jr. don’t worry Jose there are still smart hard working people out there that can see that, I’m one of them, the blame is on greedy individuals either hard working or corrupt financiers, nothing is free even animals have to work in some way to get their food. I’m glad you think that way, specially if you work on that sector of the economy.
I was approached by one of those sucker-mortgage scams and the smarmy look on the office worker's face told me everything, and the restricted ashamed tone of his voice told me everything again when he explained about ballooning interest rates But if I were another color and in another part of the state I guarantee NOBODY would have let on in any way. I am sure that was the ONLY training those office-monsters had. PERSONAL AWARENESS, my color and my neighborhood saved my life that day. Ashamed to have to say that though.
Yes it is shameful: on them!! I live in middle class home.. We were lucky we got thro it.. only have 2 years left on our loan.. pray that we can make it this time!! So sorry for ur lost..God Bless You
The thing is.. they WANTED the housing crash. Why? Because of the mergers, buy-outs, and monopolies that grew. Huge banks bought little banks, investment banks, and other financial institutions. Corporations bought out smaller corporations, and now mergers and buy-outs are still happening.
Oh, they know, Phil. They KNOW why. They just aren't sure why the roster of cocksuckers keeps changing musical chairs for the next round of fist fucking and nobody is hanged.
There is an adage that there is no fraud without an appraisal. I was an independent appraiser at that time and I lost a lot of business. I refused to appraise any properties at a predetermined value. I got even after the crash when I was asked to review questionable appraisals. The results got some of my competition who accepted the jobs I refused in prison.
Wise Ole Geezer Circa 1941 bingo!!!! in many of my comments here I also mention the false appraisals obviously the lenders accepted the false appraisals since the higher the false value, the higher the earnings from interests alone. where were all the nation's property tax assessors that knew it was impossible for houses to double in less than 5 years and 1/4 Acre lots jump over 1,300% from $5,000 to whopping minimum $75,000 ?????!!!!! I'm citing examples from Port saint Lucie, Florida from 1998 to 2003. I laughed in saleswoman's face when I inquired about a new house costing $180,000 not including $75,000 lot, 4% finance charges and closing costs. she assumed I'm from Northeast USA so she thought it was a great price deal and investment for my future. I then asked her how long she's lived in Saint Lucie county since it was obvious not over 4 years. I think she said less than 2 years. how I wish I had a video of the shocked look on her face when I informed her that back in 1991(12 years earlier),i was given a map by the builder that marked all the lots owned by them throughout the town that i could choose from. I picked which side of town, the lot, which side I wanted the garage on property, which color to paint the house and which color I wanted roof tiles to be. I mentioned the fixed interest rate I had was a whopping 9.5% yet my monthly payments of principal, interest, taxes and insurance was only $530. she looked so confused at the low monthly payments so I said" and oh yeah, the house sale price was only $56,900 on a brand new house built specifically for me.". I'll never forget the stunned look of great disbelief on her face. I told her to go check the property records department at City Hall. oh, and to please let me know when the prices return back to Earth.
History repeated itself. Just watched the 1929 stock market crashed and it was the same thing then. People were told about the high volatility but ignored it because "life" was so good. In 2008 they knew the risk but saw a way to get rich and used tax payers money as insurance. The next one may trigger events that may only be exceeded in scale by the great tribulation.
What I find so perverted in the whole thing is how the banks took the bailouts and the houses. Should have used the bailout money to save the homeowners , and lock the bankers up.
Whats wrong with you? It wasn't legal back then you dipshit. And it is well known that hash has marked negative effects on behavior, just like alcoholic drinks
Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Well then you are an idiot for watching this video. This video is COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
During that period I had 600,000.00 in mortgage debt. One lender couldn't understand how I could have qualified for so much credit considering my low paying job and grade 8 education..... I paid all my houses off finally and am a millionaire now... Thank goodness !
If you notice it starts off saying buyers could not afford the loans, but then it goes on to explain how they brought them in with teaser rates but allowed those rates to balloon to who knows what. so what really happened is banks and mortgage companies tried to rob lower income Americans with adjustable rate mortgages and balloon payments but in the end put themselves out of a job and then tried to use the excuse of these people got loans they couldn't afford, well guess what not too many people could afford a mortgage with 12% interest rates and gas prices @ $4/ gallon, and energy prices were also through the roof.
brad Last So we’re to presume that the buyers has no clue that the interest rates on their mortgage could go up? Did they sign that mortgage without reading it? Did someone force them to buy homes they couldn’t afford? It’s called personal responsibility.
Sorry to generalise but my experience of the public indicates that the very people who couldn't afford it couldn't understand it and the bankers on commission probably avoided explaining it. You could, I suppose, but many people are not like you. Lambs to the slaughter.
It all started when the banks/fannie mae were forced to loosen restrictions and offer loans to unqualified buyers. Under the fear of being labeled as racist practices they bought into the community reinvestment act driven by Bill Clinton and the democrats attempt to continue to influence votes of the dependent class . When they tasted the easy money they dove in then out of greed but research it and you will see what the roots of the crisis were. They then were perpetuated by banking greed. www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html
greed, pride, gluttony, envy, sloth, wrath, lust greed isn't all that bad. watch FMA-full metal alchemist. greed is good + bad. It depends what you want. You want something and strive for it. If you want world peace you are also greedy in a good way. You are greedy and want your family to be safe your loved ones first before anyone else. It's human and understandable. Pride is far worse: you wont admit defeat, you can't learn from your mistakes because of pride. We had that TBTF mantra in 2008. too much pride too much greed for themselves too much envy too much sloth. It was a combination that came like right now.
Pride is the deadliest of them all...all others are encompassed in pride. Pride was what caused Lucifer to fall from heaven. The Fed literally thinks they own the universe and keep printing fake fiat...
I was stationed in Arkansas in August of 2008 and purchased my first home. 1 month later it dropped almost 10k in value and I lost about 6k out of my 401k. Keep in mind this is in the south central US where the cost living is not very high and I was fairly young. I couldn't imagine the amounts of money lost with older established working Americans.
Here we are 12 years later in an economic abyss that dwarfs that of the GFC, why? because we didn't learn a thing, we kept the same people in power and send not a single person to jail.
Well then you are an idiot for watching this video. This video is COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
And no mention of the CDS sales when the bankers realized it was all going to crash and then started unloading their MBS as CDS products to make monry when everything would crash. In essence, once they knew it would crash and they figured out a way to make money from it, they pushed them to the edge to make them fail for profit. The film Margin Call is one of the best examples of this.
I was one of the idiot suckers who ended up with a subprime home loan. I was from a small town and had the same banker for years. I’m terrible with understanding finances and it never dawned on me that I was signing for a terrible loan. I lost my house 10 years later. It was devastating and I’ve never recovered. Financially or emotionally. I have learned from my mistakes
Carla a.... Subscribe to the uneducated economist here on YT.. He lost a house as well.. And went on to educate himself after.. He breaks finances down pretty well.
The next crash is going to be far worse than the 20's one should stock up non- perishable foods and water medical supplies and the same, invest in a camping tent.
@Armenias Thunk We never recovered from the previous crash. UK is looking at good 1/5th of population being in total poverty. Most others have very little luxury. USA is slumping into massive homelessness. So yes, if we crash again, you may as well pick up a tent as both poverty and homelessness will suddenly skyrocket.
Care to explain how that's possible? It would be extremely tough to fuck up this big again, caution doesn't go to the wind with the worlds worst economical crisis only 10 years past
@@colin7406 Caution does go to the wind with the elitists and Keynesians sitting on the FED and their Big Banking and Corporate pals. They're the ones calling the shots; we're just the casualties.
@john Stetson You really don't know what you are talking about. To generalize that most of our homeless are degenerate drug addicts is wrong and you are just making assumptions.
Pawan Rai System is the problem 🏡 Our Life should be around these Great Qualities..... 1, Show all living creatures; all the love and kindness as much as you can. 2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later. 3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most. 4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice. 5, Always learn and look for to improve something your life. 6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it. 7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success. 8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments. 9, Never believe anything without the proper evidences. 10, Always try to give more than you take. Because it is dignity/ character of the divinity within you. 🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all. People are controlled by system why? The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more. Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix) 😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression. ruclips.net/video/HbvCxMfcKv4/видео.html ruclips.net/video/Z_Mxjdrd7Sw/видео.html ruclips.net/video/wLzeakKC6fE/видео.html ruclips.net/video/P8vHa8zD7jY/видео.html ruclips.net/video/pIJHJzDQcRM/видео.html
You know you have been had when the leader of the inquiry starts with a statement, "I am honored to welcome you..." to the men who caused the financial collapse.
Torino Herrera System is the problem 🏡 Our Life should be around these Great Qualities..... 1, Show all living creatures; all the love and kindness as much as you can. 2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later. 3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most. 4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice. 5, Always learn and look for to improve something your life. 6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it. 7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success. 8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments. 9, Never believe anything without the proper evidences. 10, Always try to give more than you take. Because it is dignity/ character of the divinity within you. 🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all. People are controlled by system why? The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more. Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix) 😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression. ruclips.net/video/HbvCxMfcKv4/видео.html ruclips.net/video/Z_Mxjdrd7Sw/видео.html ruclips.net/video/wLzeakKC6fE/видео.html ruclips.net/video/P8vHa8zD7jY/видео.html ruclips.net/video/pIJHJzDQcRM/видео.html
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D ALSO, THE RICH GT RTICHR, AND THE POOR....... GET RICHER TOO!!!!!!! :D :D
It seems, however, the difference between 1929 and 2008 was. The politicians of 1929 weren’t so completely bought by the same people who crashed the car. In 2008, they were, hence why the extent of the reforms that should have happened, never did and why nobody went to jail from Wall Street or any of the previous administrations, or Federal reserve placements that allowed it and encouraged it to happen. In 2008, they crashed the car, we paid to rebuild their car, and they continued on driving because they had enough money to pay off the cops and the judge.
Hidden Secrets of Money is wonderful series. Learned so much. Live alone on SS amazingly debt-free 3 years. Paid bought car with cash. Converted $ to top crypto saved in hardware wallet. Turned down opportunity to buy house in 2007. God gets all the credit.
Actually the Wall Street crash of 1929 did not cause great depression. Both things happened because of market conditions, but one didn’t cause the other.
Minor correction: Lehman wasn't cross town from the Federal Reserve. It was far uptown. I know; I lived around the corner from Lehman, and that Monday, when I walked my dogs, I hadn't known it had gone under and was wondering why the street was crammed with news crews and protesters.
@@elenastodghill6011 buy people buying the houses around your neighborhood. There is more money than houses so they can up it because there are people buying it. If your house was 325000 and there is 10 on sales. Someone bought it for 415 -430. You can say ? If i sale it for 500,000 ill make more money. You do and quick "bam" it is sold like that. Like i said above. Now the houses around your block are 500-600. When the bubble broke, no one can aford these prices. And soon got sold for 125,000. Much less than what it was valued before but it got reset. Hope this helps
What you said describes the city of Miami mansions and luxury apartments all over the place but nobody lives on those propeties and when you walk the street the only people you see are middle low class
I saw the bubble-burst coming in the housing market. I convinced my friend, who was considering selling, to sell her condo ASAP before the market crash. She did. It turned out to be the last time someone got that much money for a condo since then. Within months of the sell, the bottom fell out of housing prices; the price bubble had burst. My friend was very happy to have sold while she could and make a profit.
Rod Den System is the problem 🏡 Our Life should be around these Great Qualities..... 1, Show all living creatures; all the love and kindness as much as you can. 2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later. 3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most. 4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice. 5, Always learn and look for to improve something your life. 6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it. 7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success. 8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments. 9, Never believe anything without the proper evidences. 10, Always try to give more than you take. Because it is dignity/ character of the divinity within you. 🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all. People are controlled by system why? The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more. Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix) 😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression. ruclips.net/video/HbvCxMfcKv4/видео.html ruclips.net/video/Z_Mxjdrd7Sw/видео.html ruclips.net/video/wLzeakKC6fE/видео.html ruclips.net/video/P8vHa8zD7jY/видео.html ruclips.net/video/pIJHJzDQcRM/видео.html
@Cowardly Custardif people are still in their homes that they overpaid for at the time of the crash how can their be a massive default if those same people are still in their homes after ten years and are paying their mortgages just fine ? ...the dynamics just arent the same as then ...
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Interesting, Mind if I ask you recommend this particular professional you use their service? honestly right now i have quite a lot of marketing problems.
“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
Given that we are not used to such volatile markets, the fact that the US stock market has been on its longest bull run in history helps to explain the widespread fear and enthusiasm. There are chances if you know where to look, as you noted when I earned more than $780k in the prior ten months. I hired a portfolio advisor because I knew I would need a solid plan to get through these difficult times.
It was run by Julie Anne Hoover, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
@@danieljackson87 I just copied and pasted Julie’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.
I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $27000 this nov. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserve
Even in this whirlwind, there are chances to be had, thus an increase in volatility is not always a bad thing. You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.
I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@@talented009 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 50 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
Elise Marie Terry is the coach that guides me, She has years of financial market experience, you can use someone else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@@talented009 Found her, I wrote her an email, hopefully she responds, I plan to end 2023 on a woodnote financially.
Just commenting in the hopes that the algorithm realizes I prefer finance videos over the tiktoks they keep recommending
lol
Now that is a killer thou I get fantastic videos from sky news Australia
Just go in an Clear the cache of cookies in your browser. That should help on it.
Just looked at mine it uses 1.2 GB!!!!
That is absolutely insane
@@PP-xg1je qqa
BB m
It’s hard for me to nail down specific predictions for the housing market because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of a broker, before I started seeing any significant results in my portfolio, been using the same Adviser and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Do you mind sharing info of the adviser who assisted you?
Her name is Rebecca Noblett Roberts. Hope that helps
Just copied and pasted her on my browser and her page popped up immediately, thank you for saving me hours of researching.
Recently I read a book about the housing collapse and one statement from a long time trader really stuck in my head. He said "The biggest mistake the public can make is to assume that someone in a very responsible position with decades of experience actually knows what they're doing."
J Pow enough said
What book? Thanks in advance.
We know more today than ever before. It’s all about their great reset. It’s design that way: Taking down the USA one market crash, one terrorist attack at a time. All false flags!
They know what they’re doing.
...or cares
It was caused by greedy scumbag banker's and developer's
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy, or not?
Stocks with yields that outperform the market should be on your radar, as should shares that at least lag the market over the long term. But if you want a long-term strategy that works, I advise you to consult a broker or financial advisor.
Don't depend your market assessments and decisions on hearsay and rumors; I did it in 2020 and ended up with worthless market holdings. Before I started noticing any notable improvements in my portfolio, Helene and I had to completely rebuild it. I've been using the same advisor ever then, and in just two years I've scaled up to $876k. Depending on where you look, a bullish or down market might both produce good profits.
Thats a good one. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
She should. Having a counselor is quite imperative for portfolio diversification. My advisor is *''Helene Claire Johnson''* . She is easily looked up and has extensive knowledge of the financial markets.
Found her webpage, I wrote her an email and scheduled a call. Hopefully she responds. Thank you.
I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Mind if I ask you to recommend this particular coach you using their service?
Credits goes to "Sharon Lee Peoples" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
I recall in 2007, I had a mortgage with Countrywide, one of their reps called and attempted, for over an hour and a half, to convince me to refinance, and borrow more on my home that had a 15 year mortgage and make change to a 30 year mortgage. I could not understand why at the time but now I am glad I refused to comply and my home has since been been paid off several years ago.
Call after call, day after day, month after month, those calls never stopped. my poor pop took the money. Meanwhile, while working for the Conrad Hilton as a server/houseman I was privy to a secret meeting ( secret service guarding the door) between ben Bernanke and the chairman of the federal reserve. I couldn't understand a word they said in context but, ben seemed to be reassuring them.... those were strange days.
B R A V O!
When the rich steel from the poor it's called business.
When the poor protest it's called violence.
Funny you say that, I've got my home at 4.1, and I recently, it feels like every bank available want's me to pull out money and refi. No thx.
@@bobhope4465 Well said.
Until there's a considerable rise in housing supply, it's improbable that housing prices will notably drop. In the USA, there's a shortage of millions of housing units, and construction isn't matching this deficit. The consistent demand for housing, combined with population growth, results in even a slight price decrease attracting many buyers who swiftly acquire the available supply. I'm contemplating buying budget-friendly houses in 2024 and potentially exploring stock investments. As for the best time to enter the stock market, opinions vary: some find it profitable while others consider it risky. Any guidance on this matter?
Consider investing in stocks especially during a recession. While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
You're right! With the help of an experienced coach, I made some changes in my investments. I started with $321k, and now I have more than $750k by investing in stocks, ETFs, and bonds. I think housing prices won't go down much until there are more houses available.
Mind if I ask you to recommend this particular coach to you using their service?
My advisor is Stacie Lynn Winson, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this too, I just googled Stacie and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
After selling a couple homes in 2022, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.
I concur; I've been in frequent communication with an investing advisor for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing consultants, sometimes known as portfolio coaches by some.
@@joshbarney114 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
@@eloign7147 My advisor “Colleen Janie Towe” is a highly respected financial consultant in the industry. For further information or to connect with her, a simple online search with her name will suffice. I wish you every success in your endeavors
@@joshbarney114I must say, Colleen appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Financial education is really important . Especially if you come from a working class family .
Years ago public schools offered Home Economic classes. Mostly for girls, how to cook a roast, bake a pie, budget a household etc which were life changing skills. That class was cut from most schools in the early 1970s. It armed the youth to budget, save, shop responsibly and I suspect the Powers that Be found that knowledge for the soon to be young adults manage money to be dangerous to business.
If the balance sheets of the companies and/or the banks are fake you can be financially educated as much as you want but it will be completely useless.
Get your wealth into crypto. Free tip. 👍
Amen. My wife and I learned the hard way. We're doing everything we can to make sure our daughters, and anyone else willing to listen, know better.
@@gevdarg can I ask how you go about educating your children financially
My college professor told us in business school you can steal more with a pen and an expensive 3 piece suit then you ever could with just a gun and a mask!
WOW!! SO TRUE!!
Brilliant
You could have just bought a ticket an watched The Godfather... learned the same thing for a lot less money.
Ppl are more concerned with thugs than white collar criminals. Why is that? Do you know why?
@@bennyxenaz5551 because the thugs they can see, they don't see the crime done behind these secret meetings. Plus many do t care to educate themselves on the matter
One of the best financial collapse of 2007-2008 documentaries I've seen.
My mom taught me 8 words to live by. If you can’t afford it, don’t buy it.
My parents also taught me some life lessons
It's easier for a 🐪 camel to squeeze through the eye of a needle than it is for a rich man to go to heaven what do you supose my parents meant by that
@@realbeautyness25 My mom always told me, For the love of money is the root of all evil..
Gramps taught me that too, only young person I knew that constantly had money in my account, 800+ credit score,and no debt. While everyone I knew was using credit cards and buying flashy cars & buying houses. Now 98% of them have claimed bankruptcy.
TheGentleman Smith exactly. I only use credit card like debit card for the rewards. I saved enough money to buy a car in full got a loan and payed it off in 8 months to build more credit. I too have a 790 credit score and no spending limit on my cards. $0 In debt and I own a home with no mortgage. Saved up more and bought a food truck business turn key with no debt. I’m 31 and I’ll be retired by 40 with stocks that pay dividends. You can’t ever win if you’re in debt. Not all but most people you see driving bmw and Mercedes with half million dollar homes will be in debt for their entire lives with no true financial freedom. Listen to the Dave Ramsey show. I was doing everything he said before I found out about his show. I don’t agree with him on credit cards though. He says don’t have them but the cash back from my business alone goes straight into Roth IRA for retirement and I’m responsible with them. He says don’t have them because most people aren’t. You are doing the right thing and you’ll have a great future with a level head on your shoulders.
I don't understand. What if I really want it? Can I buy it then?
I worked for Countrywide in the sub-prime division and eventually have worked for Bank of America for a total of 16 years. I remember when I actually saw the 2/28 notes that I was selling and it made me sick what I was selling. When I refused to sell a fixed income person a note that would have bankrupt her, it was just given to someone else. I felt sick for the company I was working for. When B of A bought out Countrywide things did change, but I remember those days and was just out of college and will never do that again!
Forget about the last crisis,the next one is already on the way, and it will even be worst,
George Singh How bad do you think this one will get
Saw GDC minus trillions in october 2019....started prepping for 2020....didn't realise CV would bring it forward... Not many are seeing the worst to come😷
@@juanio7036 😷+🏦=🎪
Its now the time to visualise this worst with the biotechnological weapon called Covid19 USA economy goes down with 10millions of jobless
@@sunustronicscomtech9797 the NWO is here
We should have followed the example of the Icelanders and thrown the bankers in jail. The repeal of Glass-Steagall is also to blame but not mentioned in this documentary.
Good thought, but, there are many layers of corruption
That just kept growing over
Decades. I always believed
The good guys would say
Something, but, many of them
Became corrupt, killed for speaking out, families threatened. It is all unraveling
Now...soon you will see some of these satanic worshipers go down. Because, we are of the light
Of the good people who have faith...we will win! Says so in the
Bible!
I was a year ahead of Bill Clinton at Georgetown. We had the same Economics teachers, and we learned to have opposing views from each other, evidently: He thought that repealing Glass-Steagall would be a good thing, and I thought that G-S was what kept Wall Street investment houses out of other businesses, lesson having been learned from the Great Depression of the 1930s, a sensible regulation that was put in place for a reason, and now we see why.
We put the bankers in jail in India. but we also let the defaulter run away to London.
"Hang them all?" How very Banana Republic /Tienanmen Square of you, Fidel.
Paddy Whack Figure of speech! Get over it @Paddy Whack.....🤗😂🤣
I love how politicians and bankers talk about 'ending their holidays early' or 'working through the weekend on capital hill' as if they only do this kind of thing for 'real emergencies'
...meanwhile hundreds of thousands of people are losing their homes and retirement
62 million US mortgages are fraud - Packaged into securities, and resold several times on the Stock Market (aka derivatives) TAX FREE. Since the payout to the banks was immediate - and tax free - they started writing Notes/Mortgages with people who had no means of reliable support. The next thing they did was to sell these bundled mortgages to large pension holders, (Fire Fighters, Teachers, Governments, Insurance Companies). In the process, pensions and retirement cashes were plundered! Many don’t realize today how pensions are empty due to this fraud. Governments will now have to cut back on services in order to continue paying their retirees.
How did they fall for it? Because the rating agencies (Moody’s etc.) were bribed to report the securities were as “safe as gold”. And Fannie Mae and Freddie Mac administrators were bribed to go along with the process. When it was uncovered in 2007/2008, 49 Attorney Generals took up arms - since among other things no tax was paid on the transfer of real estate property ownership. Unfortunately, the Attorney Generals were all told to “Stand Down”- There would be no prosecutions: Only the turning over of 100s of small banks to the large Wall Street Banking Terrorist who created the scam. So who runs the USA? The West? It’s not government: It’s Central Banks
DON'T BLAME COUNTRYWIDE: the trading gimmick was created by Wall Street Banking terrorist in 1985. I have the memo by the Clearly Law firm of NY who wrote the SEC on behalf of Lehman Brothers to approve the gimmick. The next 10 years were spent bribing the principles (rating agencies, Freddie Man, Fannie, Clinton Administration) on behalf of Goldman Sach's who would act as the Trustee in the process. Countrywide was what the Russians would call "a usable idiot"! Anyone can write me for copy of the memo which was integral to starting it all on behalf of Goldman Sach's and other Wall Street Banking Terrorist!
And now, having already sold the Note/Deed as stocks on the stock market (and having paid Zero tax under NY Trust law and IRS Code 860), the banks are illegally foreclosing! When the Federal judge stops them, they simply form a shell company and continue! Bank of America, for example, has been banned from the practice (Google: the blitz), so they just form 100’s of shell companies and continue the illegal practice! At the same time, Goldman Sach’s was paid commission on each fraudulent derivative as they acted as the Trustee - And they continue to do so, over and over again today!
On top of it all, they got a 29 trillion dollar bailout. For what?! They already got paid! On top of it all, they got a 29 trillion dollar bailout. For what?! They already got paid! Meanwhile, Iceland, Scandinavia, South Korea and New Zealand (and Iran) prosecuted these banking terrorist whilst the USA rewarded them beyond the dreams of avarice. The banks that profit from war, such as the privately held Federal Reserve Bank, own us! We work for them. They are not backed by gold - But rather the USA army. Since the first Iraq war over 200,000 Veterans have committed suicide whilst a draft dodger sits in the White House.
www.yesmagazine.org/new-economy/homeowners-rebellion-could-62-million-homes-be-foreclosure-proof
@@sugarpuddin What a great piece of information. You should put this statement in the actual messages board, and not here as a reply to some other message, so more folk can read it. I think everybody needs to know what u wrote. Nice one! 👍🏴
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
THOSE TWO (2) PARAGRAPHS ARE NOT CONNECTED BY ANY INTERNAL LOGIC AT AL!!!!!!!! :D :D
Stock Market is going to crash in
November or December 2021,watch out for it, and get prepared now in October and early November 2021
In 2006 my boss told the whole company to start looking for jobs because he was shutting down in 2007 because there will be a crash in 2008 & he was right!
He was right because the crisis started in 2006 already ;).
@@qwerf1897 Dot com bubble boom and bust 90s
he's probably telling his new company and or employees the same thing this week after what just happened in Wall Street 🔥🔥💰🔥💰💰💰🔥🔥
16 trillion to banks and QE for years
Tom Zeman changes to the financial regulations led to the crash in 2008 re Bush
It never stopped. I hoped to live the American Dream of home ownership in the 2000's but soon realized I could never afford to do so on my working class wage, so I stayed patient and kept my powder dry through the housing bubble. When the crash happened I bought a place out of foreclosure, making my dream come true on someone else's trail of tears. As a new homeowner every day I heard ads saying "Take out a home equity loan! Pull money out of your house! Do that renovation project! Take a Caribbean vacation! Borrow borrow borrow!!! Spend spend spend!!!" It made me kind of sick.
Congratulations, you must’ve got a good deal. Happy for ya!
@@shanejones-lv4ylHola.en.español.no.no.entiendo.sus.idiomad.traduscan.oky
When the Dubai economy crashes, the resulting dust will be visible from space
that's gonna be a cool place after it's all abandoned and skyscrapers start falling over.
only possible when oil reaches the bottom
@@s4sunshine01 we'll always need oil, you can't make medicinal products,plastics, cosmetics and thousands of other material objects with sunshine and wind.
You mean you can see the sand from space.lol
Who cares about that over hyped sandpit
Man does this bring back bad memories. Me and my ex-wife bought our first house with Countrywide and a few years in we learned that we were now under a Bank of America mortgage and we were like wtf?! We didn't lose our house or anything but it was strange how we realized they could do whatever they want with our loan without our consent.
I would reserach if they own your note. Would not be surprised if they lost it.
I've heard this all my life. Dont be driven by fear . Choose wisely. Plan your own way.
WISDOM
And truly, it could be worse. So while you're adjusting to this n new reality, count your blessings.
restfulsole7 System is the problem 🏡 Our Life should be around these Great Qualities.....
1, Show all living creatures; all the love and kindness as much as you can.
2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
5, Always learn and look for to improve something your life.
6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
9, Never believe anything without the proper evidences.
10, Always try to give more than you take.
Because it is dignity/ character of the divinity within you.
🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
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You can rob a bank with a gun but you can rob the world with a bank.
sureshot556 Well said! and unfortunately True!
Barbara Leszczynski morning
That is a brilliant statement
@@bestoutcomes It is a quote, from at least as old as Mr. Robot, probably older (Jeff should site his sources)
True.
I've been around the market long enough to know that these ups and downs can still prove to be highly beneficial, time and again I've seen people use these windows of opportunities to make millions and set up for retirement, I just don't know how they did it.
you'd definitely make a killing as long as risks are calculated and appropriate strategies are implemented.
the best solution is to hire an investment coach that can construct a flexible portfolio to reflect changing market conditions and retirement objectives, with this you can review portfolio regularly and make changes when necessary
@@PhilipMurray251 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@marianparker7502 I am being guided by "CORINNE CECILIA HEANEY" who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
bots
If you think the meltdown already happened then think again there is worse to come
another world war? I've heard of bad tidings of economical manipulation in China, but with overall quality of life on the fall worldwide as the newest generation struggles to establish themselves in any work or earn any pay... There's only so low that the world can go.
@@mirta000 The baby boomers have undervalued the blue collar market to such an extent that it's close to slavery. 30 years ago there was no such thing as "interships". Think about that. Millenials and Gen Z are some of the poorest in history. Meanwhile baby boomers have raped the economy for their own gains. How many speculative bubbles have burst just in the last 20 years? That shows the people running the show are totally reckless with the economy and people's livelihoods. The pay gap between normal workers and CEO's is over 700%, this is nuts. I still believe that capitalism is the best economic system we have but this is capitalism gone wild, no wonder so many young people are becoming marxists.
Bill Clinton Boomers are greedy lying pigs; Millennials/GenY are spoiled lazy self-righteous benighted brats.
@@BillClinton228 "No such thing as internships 30 years ago"
Literally haven't heard much dumber than that. Jesus Christ you're a simple.
What do internships have to do with blue collar workers??
They gave me a mortgage for 96k in 2003 they say I can have more if I wanted a big house ($200k )but I declined I was too scared to buy a house that was more because we barely made any money still today I was able to live thru the recession because my mortgage was never high monthly,I have always been scared to take on bigger than I can chew ..I guess my fear saved me 🏡 3 bedroom 2 bath 🛀!
My bank pulled that too. Way too much leverage if I'd have gone for it.
why have I got a feeling the title got changed inserting "2020" recently!!
Ken K BIO things that make you go hmmmm
Right
because it is obvious it was added in 2020
Inserting "2020" is CLICK BAIT! Nothing in the program relates to COVID 19 and how the world's populations will survive it. DO NOT WASTE YOUR TIME ON THIS.
Ken K BIO yep that’s what I was thinking lol shady yyyy
People have no general understand of the economy and investing... it's sad to watch people buy homes with literally minimum to no downpayment... you're literally screwd in all possible ways...
Investing TV That is the reason we pay cash for everything. If you don't have ui, don't buy it.
Bush abolished the rules for mortgage lending. Companies like Countrywide were approving anyone with a pulse for a mortgage. They made a commission and sold it to Freddie Mac. The CEO, Mozillo walked away with half a Billion
Investing TV you are totally right in your comment, a few years ago, a family member was given a loan for a house with $500,000, nothing down, zero for five years, like most people are getting, I advise them not to do it, because when we ask the realtor that we want it a 30 year, since the bank already approved it, that instead of having a fabulous zero after that video, we wanted to 30 year loan, the realtor said no the bank is not going to go for that.
That’s when we pick up all the paperwork, and we just walked out. Because that was a sham, that the banks were doing. The banks were willing to give you a $500,000 loan, zero interest rate for five years, after that a video, but they were not willing to give you a 30 year loan, with points. I figure it’s a sham
Its not about the down payment, its about making the monthly payment
That is called the community reinvestment act of 1977 encouraging people from "low economic OR minority backgrounds" to get SUB-Prime mortgages.... Or in other words.... Mortgages they CANNOT AFFORD. You can blame the government fo that. Getting rid of the banking practice known as "redlining" means making banks have LESS ECONOMIC INDICATORS to evaluate whether someone trying to get a mortgage is even capable of paying back the mortgage in the future. :D :D
Watching this in 2019 ... house prices still at all time high
Beograd najskuplji u Evropi u odnosu na primanja, ako je verovati ovoj statistici.
www.numbeo.com/property-investment/region_rankings_current.jsp?region=150
and still going up and now the councils in kent are jumping in on the act and KCC just lost 263 million of tax payers money its the top greedy fuckers still making the money and the poor picking up the bill
...and interest rates are at an all-time low, thus encouraging even more debt...
Just wait till the next collapse coming soon
actually it's almost doubled than that the price of 2008. My friend bought a home in San Francisco for 900k in 2008 we all thought he was crazy and it's now 1.8 million in 2019.
My parents bought a home for $127K in WA financed by Countrywide in 1996. At the time my father was working and making roughly the same amount of the house solely. With $80K down payment, my parents should have had everything paid in full by 2001. When my mom called and asked for the information on the house in 2005, the man on the other line told her "it's a scam there's nothing on file for you, we're going to go under in the next couple of years...I'm leaving this company this month and I'm going to do you a favor and shred your paperwork... and after that don't say a word to anyone..."...a few years later this happened.
So wait... pre-internet (2001) I'm to understand that Countrywide had paperwork (lien) on the property that said "loan is X principle" ... rate is "Y" ... payment is "Z" and this "mole" just did this to screw CW Mortgage?
Another rock solid documentary from the Canadian Broadcasting Corporation. Something they were always good at. Thank you for posting it to RUclips.
So why the Al Jazera icon?
Rock solid? I guess most of it was in focus at least.
This was actually a very weak documentary.
It's aL Jazeera documentary
it's aljazera, this is a reupload. not authorized, I'd guess, since it's missing quite a bit of material
When I moved house at the end of 2007 I went to see my lender about a mortgage for the new house and they tried to persuade me not to sell the old house but to let it out and have two mortgages - I said no I was selling the old house to pay for the new house - they were most put out.
Its March 31, 2020 and I'm expecting the coming months to make 2008 look like a Friday night out...
💯
Over 22mil Americans filed for unemployment in 4(four) weeks..!
Yep, but on the flip side the leverage shifts to the worker once the businesses are kicked back to life.
It's not going to be pretty
Another massive transfer of wealth.
Wait until the people lose faith in their own currency!!!
"Faith" is the key word. the defacto economic model today, is a relgion. It will continue on, as long as people "believe" the money is real.
Here here for fiat currency!
ITS COMING AND VERY SOON.Joshua.
I already lost faith in fake fiat currency. Some 5 years ago I bought several hundred bitcoins at $250 each. After 20% tax on it I bought free and clear a 3/4 million dollar home, 40 acres of land and much more in the Great North Woods of Northern New Hampshire. Still have over $1,000,000 dollars after tax worth of bitcoin left and in the coming years its value will dramatically increase. Escape fiat and the Federal Reserve. I did it and so can you.
What will happen if people lose faith in their own currency Joshua?
When everything crashed I remember my dad telling me “you think this is bad??this is a a little slap on the wrist the next crash will be a stab in your heart”
And in 2 or 3 years we might feel that pumnal right between our ribs
Buckle up my friend because your dad was right. And we thought 2020 was a shitty year lmao.
Andddd here we go
So true!
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
@@Nicholehover I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@@EileenToups
My advisor is ‘’Diana Luise Hines’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@Nicholehover She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
This was the biggest wealth transfer in human history - not one person went to prison
And its happening again now lol
It's the old' method: robbing Peter to Pay off paul🙈🐽🤑
I heard the banks paid back the 700 million dollars..eh?
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
I agree.
It really started in 2002 with a mortgage security from LIBOR which was a loan as low as 1% which was fixed for 6 months to one year and adjusted every 6 months after that. I saw an interest rate cap as high as 8%. Many of those loans required no income documentation. It was a Countrywide loan.
I remember watching the ads for no doc mortgages and wondered "how the hell is That possible?" When I got my first mortgage in 92, I had to complete a 12 page application.
Best documentary ever, I’ve watched it a few times, it’s scary as hell, it could all happen again if we are not very careful.
I think very little has been said about the rating agencies. they should have closed down, at the very least.
Haha, the rating agencies are the ones that let this shit loose into the markets. If they had the balls to say something to the SEC and stop rating the bullshit as gold, this whole shit wouldn't have happened. They all work together, like it said, FOR THE FEES!!
This story tells only part of the truth. Yes, major banks and mortgage bankers made loans that to people who would have not qualified for a loan under normal circumstances. But the dynamics of this is much more complex than that. The federal government, under equal housing opportunity laws, forced banks to drop their qualification requirements and guaranteed most of those loans, and allow banks to bundle loans into mortgage-backed trading instruments that were, at one point, pushed as the safest investment around because it was backed by the government, and by the false belief that real estate prices will go up forever. Another thing what was allowed was the ARMs (Adjustable Rate Mortgages). The interest rate on these loans would go up every year until it reached a point even those who could initially afford to service the mortgage were no longer able to do so.
All the way to the late 1980s people had to put down a sizable down payment (usually no less than 5% of the contract price), and show a couple of IRS returns to confirm they have had a steady income for at least a couple of years. There was also a rate applied (38% comes to mind) that set the limit to how much a household could afford in mortgage payments and still keep the lights on and buy food. If your mortgage payment exceeded that percentage of the household income the loan was denied. To “make everybody able to buy a house”, the government forced/allowed banks to violate the most basic rules of finances and engage in a highly speculative generation of financial instruments (mortgage-backed securities). In many cases people were allowed to buy with zero down payment (100% financing).
Many experts wrote about this in 2005-2006 and warned that this bubble was about to pop, and identified the institutions that would take a big fall, those who were involved in guaranteeing, securitizing, and holding these mortgage-back securities like AIG, Fanny Mae, Freddie Mack, and a number of financial institutions. But few people listened. Alan Greenspan convinced everybody that he had a magic wand (Greenspan's Put) that gave him the power to prevent the disaster.
The last key is the fact that the money to do this had to be loaned into existence. And only the Fed had the power to do that.
OMG he smoked pot lol....no wonder it all fell a part. Everyone knows the wall street club plays in the snow.
Pot was nothing compare the the real bad stuff he was doing!
They didn’t just play in the snow. Trust me. The snow was being moved around within the rich. Easy to move when you have power and a percentage of what was being moved. When they say greedy..... these motherfuckers were greedy.
@@Jojo-zp7fu I just watched a good doc on the 1929 crash. Same fking families loaning money recklessly to unknowing Americans, keeping the aura of business as usual as long as possible, then pretending to be the hero's as they shored up the market and gobbled up the assets. These people are nothing but con men that got the right legislation passed to make their crimes "legit".
⛷⛷⛷
Murray Flewelling System is the problem 🏡 Our Life should be around these Great Qualities.....
1, Show all living creatures; all the love and kindness as much as you can.
2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
5, Always learn and look for to improve something your life.
6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
9, Never believe anything without the proper evidences.
10, Always try to give more than you take.
Because it is dignity/ character of the divinity within you.
🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
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Funny these politicians didn’t say a word while it was going on,they waited till the bubble burst
Dwight Raver neither did the local property tax assessors all around the country. they knew properties not really doubling in less than 5 years!!!! I also put the blame on every consumer I've ever met that never cared about total finance costs. all they wanted to know was" how much a month?". sure they look down at my older, used looking vehicle. but at least mine was purchased with more cash then they'll ever see. they never see actual cash being transferred when a loan approved or line of credit utilized. they're still making high monthly payments on over priced vehicles that the novelty had worn off as the defects start shining through plus higher insurance payments. they can't understand how I'm always smiling while buying myself all kinds of expensive toys and paying for all my expenses in cash from my paychecks while they always have to pull out a credit card .
Oh yeah they all knew what was going on..danger to the economy might be the single biggest national security threat there is ..they definitely knew and didn't give a Flyn fuck
Agreed. It’s a bit much watching Maxine Waters acting appalled. No mention of the Community Reinvestment Act...the trigger for the subprime lending??
Their dumb.
That is because they were in on it
Every time the Government says they will "ease regulations", it means the little guy will get screwed and they will make more money.
Nope. I never fell for it. Here in California homes and subdivisions spring up overnight. But you couldn't pay the mortgage and no FHA? Forget that. Knew Banks were giving ppl loans they couldn't afford and what about after 3 years the mortgage would reset from 600 to $3,200 a month. No one can afford that. Told friends but no body listened. They called me a fool for continuing to rent. All lost their homes. Been in my apt since 2006. Oh well. Bank loans stink
great Scott ! what an intelligent man🤓
I’m playing the fool also..(I don’t smell anything fishy but I do smell what seems like more defecated dreams being realized)..
When I invest, I always, without fail, do it the Warren Buffet way. Analyze everything; the Ceo pedigree, the management pedigree, product quality, market size etc. It works well. Most people don’t do that amount of work up front
YES, that was back in 2008 and Wall Street hasn't learned its lesson. Now the corporate debts crisis is about to explode in the 2020 and will trigger a much bigger avalanche. Stay tune.
Corporate?
Greed is a terrible thing. How much is enough. I found myself cringing alot during this documentary. I work in finance and put myself in my client's shoes. You have a fiduciary responsibility in this industry to assist and protect these good hardworking people. I am grateful to them because they enable me to earn and take care of my family. You are supposed to be your brother's keeper. Wish all these corrupt greedy pricks had followed suit. They give us honest proffesionals a bad name and not only is it wrong , it's unforgivable. Bastards.
Jose M. Botelho Jr. You are absolutely correct! It all comes down to $, a fake and corrupt interpretation of true US currency. It’s sad how we as the people have embraced this and corporations and banks have capitalized on our belief of the “system.” Money is just numbers being electronically moved back and forth and all over the world. Corporations and banks fake their earnings because they can, they are the bank, they can type into their system whatever amount they want. It’s unfortunate because the financial industry is really genius. I am a CPA, and have been for over 14 years, and it’s a shame how the collapse in 2008 has slapped a bad name over all of us. The financial industry will never be the same. There will be another 2008 most likely in 2020. All the evidence is there. What’s that old saying again, “doing the same thing over and over again despite achieving the same result,” is the definition of insanity. It’s quite simple, but our fake currency and greedy corporations continue with their old tricks disguised as something new.
Cheers brother. I’m glad to see some people still have morals, let alone a brain.
A lot is two words
Jose M. Botelho Jr. Powerful statement sir ! I was a lucky “ Celebrity Nobody... Captain of service & Sommelier... retired in 2010’ ... my portfolio was counter intuitive and insights from individuals like yourself Jose M. B. ... A big amount of respect to you ... mi hermano Enrique Arturo Lujan-III .. ever in Vegas... give me a call 1-702-767-0072
Jose M. Botelho Jr.
don’t worry Jose there are still smart hard working people out there that can see that, I’m one of them, the blame is on greedy individuals either hard working or corrupt financiers, nothing is free even animals have to work in some way to get their food.
I’m glad you think that way, specially if you work on that sector of the economy.
MORE!!!!
I was approached by one of those sucker-mortgage scams and the smarmy look on the office worker's face told me everything, and the restricted ashamed tone of his voice told me everything again when he explained about ballooning interest rates But if I were another color and in another part of the state I guarantee NOBODY would have let on in any way. I am sure that was the ONLY training those office-monsters had. PERSONAL AWARENESS, my color and my neighborhood saved my life that day. Ashamed to have to say that though.
Yes it is shameful: on them!! I live in middle class home.. We were lucky we got thro it.. only have 2 years left on our loan.. pray that we can make it this time!! So sorry for ur lost..God Bless You
Sometimes it’s better to be lucky than good. It’s ok mate, life is full of advantages and disadvantages for everybody. Just about how you use them.
I remember the 2008 recession. My mom lost her job and we were homeless for a while. We went from motel to motel and had to live with family.
The thing is.. they WANTED the housing crash. Why? Because of the mergers, buy-outs, and monopolies that grew. Huge banks bought little banks, investment banks, and other financial institutions. Corporations bought out smaller corporations, and now mergers and buy-outs are still happening.
Oh, they know, Phil. They KNOW why. They just aren't sure why the roster of cocksuckers keeps changing musical chairs for the next round of fist fucking and nobody is hanged.
There is an adage that there is no fraud without an appraisal. I was an independent appraiser at that time and I lost a lot of business. I refused to appraise any properties at a predetermined value. I got even after the crash when I was asked to review questionable appraisals. The results got some of my competition who accepted the jobs I refused in prison.
Wise Ole Geezer Circa 1941 bingo!!!! in many of my comments here I also mention the false appraisals obviously the lenders accepted the false appraisals since the higher the false value, the higher the earnings from interests alone. where were all the nation's property tax assessors that knew it was impossible for houses to double in less than 5 years and 1/4 Acre lots jump over 1,300% from $5,000 to whopping minimum $75,000 ?????!!!!! I'm citing examples from Port saint Lucie, Florida from 1998 to 2003. I laughed in saleswoman's face when I inquired about a new house costing $180,000 not including $75,000 lot, 4% finance charges and closing costs. she assumed I'm from Northeast USA so she thought it was a great price deal and investment for my future. I then asked her how long she's lived in Saint Lucie county since it was obvious not over 4 years. I think she said less than 2 years. how I wish I had a video of the shocked look on her face when I informed her that back in 1991(12 years earlier),i was given a map by the builder that marked all the lots owned by them throughout the town that i could choose from. I picked which side of town, the lot, which side I wanted the garage on property, which color to paint the house and which color I wanted roof tiles to be. I mentioned the fixed interest rate I had was a whopping 9.5% yet my monthly payments of principal, interest, taxes and insurance was only $530. she looked so confused at the low monthly payments so I said" and oh yeah, the house sale price was only $56,900 on a brand new house built specifically for me.". I'll never forget the stunned look of great disbelief on her face. I told her to go check the property records department at City Hall. oh, and to please let me know when the prices return back to Earth.
you got to live 'revenge is a dish best served cold'.
You are honest. And honesty won.
History repeated itself.
Just watched the 1929 stock market crashed and it was the same thing then. People were told about the high volatility but ignored it because "life" was so good.
In 2008 they knew the risk but saw a way to get rich and used tax payers money as insurance.
The next one may trigger events that may only be exceeded in scale by the great tribulation.
Maranatha.
What I find so perverted in the whole thing is how the banks took the bailouts and the houses. Should have used the bailout money to save the homeowners , and lock the bankers up.
That's what happens when you give your money to criminals
I find it hilarious that they made a big deal about a billionaire smoking pot.
Whats wrong with you? It wasn't legal back then you dipshit. And it is well known that hash has marked negative effects on behavior, just like alcoholic drinks
Yeah. They forgot to mention all the cocaine they snort.
@@BroccoliBeefed this is before the general public had access to he internet and the conception of weed was still a brainwashed negative thing.
@@BroccoliBeefed
Way to spread misinformation dipshit
Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
As I Watch This Program I Have To Ask Myself WHY Would Anyone Trust A Bank (Govern-Ment)To Hold Their Money?
1. Not much (obvious) other choices for the average
2. Education
As I read your comment, I have to ask myself why anyone would capitalize the first letter of every single word? 🤣
@Hello Mark Houck, How are you doing?
They were giving million dollar mortgages to secretaries and janitors with interest only loans in California
Is that a bad thing? I used to pay interests only on my mortgage and I sold it after 2 years and I made $200000
Well then you are an idiot for watching this video. This video is COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
During that period I had 600,000.00 in mortgage debt. One lender couldn't understand how I could have qualified for so much credit considering my low paying job and grade 8 education.....
I paid all my houses off finally and am a millionaire now... Thank goodness !
If you notice it starts off saying buyers could not afford the loans, but then it goes on to explain how they brought them in with teaser rates but allowed those rates to balloon to who knows what. so what really happened is banks and mortgage companies tried to rob lower income Americans with adjustable rate mortgages and balloon payments but in the end put themselves out of a job and then tried to use the excuse of these people got loans they couldn't afford, well guess what not too many people could afford a mortgage with 12% interest rates and gas prices @ $4/ gallon, and energy prices were also through the roof.
brad Last So we’re to presume that the buyers has no clue that the interest rates on their mortgage could go up? Did they sign that mortgage without reading it? Did someone force them to buy homes they couldn’t afford? It’s called personal responsibility.
Sorry to generalise but my experience of the public indicates that the very people who couldn't afford it couldn't understand it and the bankers on commission probably avoided explaining it. You could, I suppose, but many people are not like you. Lambs to the slaughter.
It all started when the banks/fannie mae were forced to loosen restrictions and offer loans to unqualified buyers. Under the fear of being labeled as racist practices they bought into the community reinvestment act driven by Bill Clinton and the democrats attempt to continue to influence votes of the dependent class . When they tasted the easy money they dove in then out of greed but research it and you will see what the roots of the crisis were. They then were perpetuated by banking greed.
www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html
@@sharonlafrenz8086 They didn't think rates would up like it did.
@@Morbius1963 Agree!!!!
Greed has to be the mostly deadliest out of all the seven sins, greed can cause literally all of them, if u let it control u.
reyna, you are right 100%. Greed was the real reason.
Greed leads to all things bad.
greed, pride, gluttony, envy, sloth, wrath, lust
greed isn't all that bad.
watch FMA-full metal alchemist.
greed is good + bad.
It depends what you want.
You want something and strive for it.
If you want world peace you are also greedy in a good way.
You are greedy and want your family to be safe your loved ones first before anyone else.
It's human and understandable.
Pride is far worse: you wont admit defeat, you can't learn from your mistakes because of pride.
We had that TBTF mantra in 2008. too much pride too much greed for themselves too much envy too much sloth.
It was a combination that came like right now.
Too much ego and not enough awareness. Simple
Pride is the deadliest of them all...all others are encompassed in pride. Pride was what caused Lucifer to fall from heaven.
The Fed literally thinks they own the universe and keep printing fake fiat...
Coronavirus has entered the chat...
Now here we find someone that gets it too (;
"Virus"
Coronavirus is a cover up to distract the people
HAPPINESS
Name Again yes indeed
Federal reserve keeps coming up from time to time when there are problems with the economy
When your out go exceeds your income, your upkeep becomes your downfall. Simple economics.
Not one or two men but millions of greedy people together did it.
No it was the federal reserve.
More exact the owners of the federal reserve which is a private corporation and yet most people think it’s part of the government
@@juanio7036 It was a scheme concocted by the federal reserve, which millions of greedy people fell for.
No mention of the Thatcher woman who was first to introduce financial deregulation in the 1980's. The Big Bang.
I was stationed in Arkansas in August of 2008 and purchased my first home. 1 month later it dropped almost 10k in value and I lost about 6k out of my 401k. Keep in mind this is in the south central US where the cost living is not very high and I was fairly young. I couldn't imagine the amounts of money lost with older established working Americans.
WOW! Good thing I didn't buy a home - my credit was bad anyway
Here we are 12 years later in an economic abyss that dwarfs that of the GFC, why? because we didn't learn a thing, we kept the same people in power and send not a single person to jail.
Well then you are an idiot for watching this video. This video is COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
This time it will hurt.
It hurt. This time it will hurt more.
And no mention of the CDS sales when the bankers realized it was all going to crash and then started unloading their MBS as CDS products to make monry when everything would crash. In essence, once they knew it would crash and they figured out a way to make money from it, they pushed them to the edge to make them fail for profit. The film Margin Call is one of the best examples of this.
>Maxine Waters 20 years ago
>already governing for almost 20 years
good lord we are never going to be rid of her
I was one of the idiot suckers who ended up with a subprime home loan. I was from a small town and had the same banker for years. I’m terrible with understanding finances and it never dawned on me that I was signing for a terrible loan. I lost my house 10 years later. It was devastating and I’ve never recovered. Financially or emotionally. I have learned from my mistakes
Carla a.... Subscribe to the uneducated economist here on YT.. He lost a house as well.. And went on to educate himself after.. He breaks finances down pretty well.
How are you today?
God bless and sorry mate. Most people in finance aren’t there to help people in all honesty, though some are.
The next crash is going to be far worse than the 20's one should stock up non- perishable foods and water medical supplies and the same, invest in a camping tent.
@Armenias Thunk We never recovered from the previous crash. UK is looking at good 1/5th of population being in total poverty. Most others have very little luxury. USA is slumping into massive homelessness. So yes, if we crash again, you may as well pick up a tent as both poverty and homelessness will suddenly skyrocket.
mirta000 nonsense, the Uk is doing fine,
Care to explain how that's possible? It would be extremely tough to fuck up this big again, caution doesn't go to the wind with the worlds worst economical crisis only 10 years past
@@colin7406 Caution does go to the wind with the elitists and Keynesians sitting on the FED and their Big Banking and Corporate pals. They're the ones calling the shots; we're just the casualties.
@john Stetson You really don't know what you are talking about. To generalize that most of our homeless are degenerate drug addicts is wrong and you are just making assumptions.
The world financial crisis is right in front of us, be prepared to face it and expect it worse than 2008 .
A new order will arise from the crisis... Everyone will unite under one umbrella. That is the plan. Or maybe this is just a test run
Stapppppph
Pawan Rai System is the problem 🏡 Our Life should be around these Great Qualities.....
1, Show all living creatures; all the love and kindness as much as you can.
2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
5, Always learn and look for to improve something your life.
6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
9, Never believe anything without the proper evidences.
10, Always try to give more than you take.
Because it is dignity/ character of the divinity within you.
🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
ruclips.net/video/HbvCxMfcKv4/видео.html
ruclips.net/video/Z_Mxjdrd7Sw/видео.html
ruclips.net/video/wLzeakKC6fE/видео.html
ruclips.net/video/P8vHa8zD7jY/видео.html
ruclips.net/video/pIJHJzDQcRM/видео.html
The Iceland segment could have been referring to Australia...same same :-(
You know you have been had when the leader of the inquiry starts with a statement, "I am honored to welcome you..." to the men who caused the financial collapse.
Torino Herrera System is the problem 🏡 Our Life should be around these Great Qualities.....
1, Show all living creatures; all the love and kindness as much as you can.
2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
5, Always learn and look for to improve something your life.
6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
9, Never believe anything without the proper evidences.
10, Always try to give more than you take.
Because it is dignity/ character of the divinity within you.
🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
ruclips.net/video/HbvCxMfcKv4/видео.html
ruclips.net/video/Z_Mxjdrd7Sw/видео.html
ruclips.net/video/wLzeakKC6fE/видео.html
ruclips.net/video/P8vHa8zD7jY/видео.html
ruclips.net/video/pIJHJzDQcRM/видео.html
Well this definitely aged well, and again, this is a CYCLE, crashes always happen, wealthy men get even wealthier and the world suffers for it.
Yep. It's like the poor are the only ones to crash. What a system.
Bbbbbbbbbbb-but this time is different!!!
Well then you arwee an idiot for watching this video. This videosi COMPLETELY FACTUALLY WRONG. The subprime mortgage crsis was caused by the government COMMUNITY INVESTMENT ACT OF 1977 AND INCREASING THE SUBPRIME MORTGAGE LAON RATIO TO A 50% QUOTA OF THE GSE'S (GOVERNMENT SPONSORED ENTERPRISES), WHICH CREATED A SECONDARY MARKT FOR HOME LOANS. And this is the SHORT EXPLANATION. :D :D
ALSO, THE RICH GT RTICHR, AND THE POOR....... GET RICHER TOO!!!!!!! :D :D
And lot of Canadians have not learned from the US. Its now happening in Canada. History repeating itself.
no kidding. An average house now costs 300 grand?? As if.
Many banks knew they would be bailed out so what was the risk?
The risk is I wasn't in on it.
Kyn Chan - Exactly, they're never going to learn if they aren't made to pay for their mistakes.
It seems, however, the difference between 1929 and 2008 was. The politicians of 1929 weren’t so completely bought by the same people who crashed the car. In 2008, they were, hence why the extent of the reforms that should have happened, never did and why nobody went to jail from Wall Street or any of the previous administrations, or Federal reserve placements that allowed it and encouraged it to happen. In 2008, they crashed the car, we paid to rebuild their car, and they continued on driving because they had enough money to pay off the cops and the judge.
Each one of these wise guys, should've been given a gift of "Concrete Shoes", yeah I said it, everyone of these SOB's....
They were all set FREE
"This was just a bump on the road to the main event."
Hidden Secrets of Money - Mike Malone-
Hidden Secrets of Money is wonderful series. Learned so much. Live alone on SS amazingly debt-free 3 years. Paid bought car with cash. Converted $ to top crypto saved in hardware wallet. Turned down opportunity to buy house in 2007. God gets all the credit.
I grew up eating Tomato sauce sandwiches, what's a recession?
Ikr..i grew up eating mayonnaise sandwiches
@@stephaniedinaso4259 I grew up eating ketchup sandwiches. Let's start a club!
Oh..oh🤖🐽🤑🗽
I grew up in a trailer park, I win
It's when some twat in a suit steals your bread and tomato sauce.
6:35- blame the borrowers too. The APRs were disclosed, consumers didn't care.
muh free stuff--orange man bad
Actually the Wall Street crash of 1929 did not cause great depression. Both things happened because of market conditions, but one didn’t cause the other.
So glad we learned from this mistake and aren't repeating it right now.
I wouldn't bet on that.
Minor correction: Lehman wasn't cross town from the Federal Reserve. It was far uptown. I know; I lived around the corner from Lehman, and that Monday, when I walked my dogs, I hadn't known it had gone under and was wondering why the street was crammed with news crews and protesters.
Overpriced houses built for overseas investors while people here are not able to afford ever:Blame on Government!
cristina lexy This is what is happening in America
Jerilyn Bridges how??
LoonToon how do the prices inflate the prices?
@@elenastodghill6011 buy people buying the houses around your neighborhood. There is more money than houses so they can up it because there are people buying it.
If your house was 325000 and there is 10 on sales. Someone bought it for 415 -430. You can say ? If i sale it for 500,000 ill make more money. You do and quick "bam" it is sold like that. Like i said above. Now the houses around your block are 500-600. When the bubble broke, no one can aford these prices. And soon got sold for 125,000. Much less than what it was valued before but it got reset. Hope this helps
What you said describes the city of Miami mansions and luxury apartments all over the place but nobody lives on those propeties and when you walk the street the only people you see are middle low class
It’s coming.. houses exploding, renting rates continuing to climb, the economy starting to fray.. here it comes.
The Prince of Darkness learned some of his skills from Alan Greenspan.
I saw the bubble-burst coming in the housing market. I convinced my friend, who was considering selling, to sell her condo ASAP before the market crash. She did. It turned out to be the last time someone got that much money for a condo since then. Within months of the sell, the bottom fell out of housing prices; the price bubble had burst. My friend was very happy to have sold while she could and make a profit.
Runaway greed and selfishness and silly lack of over sight. I don’t know how some people can live with themselves
Rod Den System is the problem 🏡 Our Life should be around these Great Qualities.....
1, Show all living creatures; all the love and kindness as much as you can.
2, Only try to be honest with yourself. If you try to be honest with others, you will get into big trouble soon or later.
3, Aim only one target at a time; otherwise you are chasing two rabbits and you will miss both. So, the reason behind it. Have one powerful reason and never ever give up the one you want the most.
4, Don't try to be good person only but be the powerful person. We will grow to be the one or we will die. There is no other choice.
5, Always learn and look for to improve something your life.
6, You are not alone. Love and faith the high power reduces unnecessary stress in life. But never completely rely on it.
7, Success and happiness are the byproducts of our usefulness. So, always increase the possibility of success.
8, Life is not going to be easy. Because of our unnecessary things. Eliminate all the unnecessary things as much as you can by organising yourself well with the environments.
9, Never believe anything without the proper evidences.
10, Always try to give more than you take.
Because it is dignity/ character of the divinity within you.
🌎 As long as people continue to see themselves as separate from everything else, they lend themselves to being completely enslaved. Success depends on how well we relate to everything around us. Joy comes from that bliss of connectedness. I believe that unarmed truth and love will have the final word in reality. To love; you should have good heart. I am a good person until I see a person better than my standard of goodness. Being good is the progress towards a worthy cause. Love is God. Whoever lives in love, lives forever. How selfish it is to try to keep something forever? Love is all about nourishing, nurturing, sharing and expanding the love within you for all. The principle to which we adhere to is that we have kindness of love at heart for the whole of mankind. As long as there is the unnecessary differences within us; we can not live peacefully so we have to eliminate all the unnecessary differences among us so we can love all. People abilities may vary but not there true love. If we love a person/ God for a reason then we love the reason but not the person. No reason is the reason to love the person because true love never fails. So do not compare or measure the true love as first or the last but love all truly. If you love people truly then you can understand people. If you don't love then you don't understand people at all.
People are controlled by system why?
The Cyclical Consumption is the current economy all over the World. It is making the scarcity problems of the earth finite resources to deteriorate day by day. Current Monetary System is legalised theft. Real money is Gold and Silver. Scarcity gives the money more value. Real money won't lose it's value. When Governments stay away from Gold & Silver then very easy to transfer the wealth / resources to upper class the Rich (Corporatocracy) Elite. When the Governments are printing out more new fiat currency with reserve banks, our old currency is losing its purchasing power everyday. They are printing millions of currency everyday. All governments and laws are existing right now to transfer wealth to upper class the rich elite. The USA Government & other Governments are in many countries, bailed the investment banks & financial institutions in 2008 against the majority of the people. There is no democracy in any countries. Because of the Money System based on profits motive only above all else even humans lives and well-being. So, we do not have freedom to protect our values with the money so on. The violence, bankruptcy & all the negativities are build into the Monetary System of our society. All are owned (including ourselves) by Reserve Bank. Which is private cartel the corporation. So, in legal system, we are legally considered as chattel the properties. They make money in the capital markets with our birth certificates. They do not consider us as Humans. That's the truth. We are at the invisible war with the Elites (Corporatocracies). We have to fight for our Freedom. Resource Based Economy is the Solution. We have to declare the earth resources as the heritage of all the people of this world. So everyone has access to it. Please have your research about zeitgeist movement then you know the truth more.
Truth About Health/Drugs Industry Because Of It Your Life At High Risk The drug industry is a 1/2 trillion dollars a year worldwide conglomerate. Almost 300 billions dollars just in North America. That is really big business. What would happen if everyone were well? There is no money in health. You see, good health makes a lot of sense but it doesn't make a lot of dollars. Because everything they do is toxic. Every drug they use, prescription drugs, all drugs are liver toxic, bar none. If you've had amalgam fillings put in your mouth by dentists. It is highly toxic. There's cancer because most of the chemos are themselves carcinogens. To view the tumor as the cancer and we know the tumor is not the cancer. The cancer industry is 200 billions dollars a year. The more work they get, the more profit there is. You have to dismantle; If the truth ever came out about what we would need to do. 30% of people of females in America are at risk of getting, will get cancer of the breast. The ones that are already dead have been grossly mistreated by the medical profession and by the government that supposedly is supposed to encourage free research and development of all possibilities. Why would medical doctors who studied medicine and practice medicine and are heavily funded by pharmaceutical companies why would they go and look into vitamins? That they never had the answer orthomolecular. And as more and more of our population start taking their health into their own hands, there's going to be even more and more of changes. It can't go on the way it is. The system is failing apart. We must make nutrition the primary prevention strategy for the population. You are what you eat. You are everything that you have ever done to yourself. The choices you make directly affect the outcome of your life. - (Food Matters Documentary in Netflix)
😊 Well, I truly love God. I am not religious but very spiritual person. So, I believe 1) Religion is the beliefs in someone experiences But spirituality is having my own experiences. The mainstream religions people promote religious ideology by giving guidelines and guide but In my spiritual life; I do not want anyone or anything between God and me to restrict my freedom to worship God. 2) We do not need any authorities to do good work. The god work is the good work always. In contrast; organised mainstream religions are claiming that they have the authorities to do God works as leaders so on. 3) God is not capable of doing wrong thing, change the past for us and create anything out of nothing for us. Nothing means not anything. So, even God is limited. The mainstream religious people believe that God is unlimited. 4) God wants us to take responsibilities for our righteousness life but not for all the consequences of our actions because they are continued to exist among us. So, How can god punish us for all our consequences? The mainstream religious people believe we are full of sins because of all our actions. 5) Freewill is an illusion. People always choose the perceived path of greatest pleasure. So, we do not have choices all the time. In contrast teachings of the mainstream religions are promoting people to do god's will always because we all have choices of freewill always. 6) We can not separate everything into groups. So, everything for good and evil and there's no success and failure for everything. If everything is real then real things can not be threatened. Once you come to understand that God/The Holy Spirit is in each of us, You will no longer need a Book to tell you how to live. Then why we need religious scriptures? The Virtue is the expression of the basic goodness in our actions. The Basic goodness is the fundamental worthiness of every individuals. We are worthy to God always in everything. 7) Beliefs in a cruel God makes a cruel man. No matter what; every living creatures has the right to live and What makes their life cheap? Everything depends on everything. Nothing too big or too small in value. We can not love and hate at the same time; Being a vegetarian means love without cruelty happily. The mainstream religious people are killing people and sacrificing animals in the name of God. They promote God's cruel punishments. The Punishment is endless for Sinners/Devil according to religious scriptures. But God is love always. Overcome hate with love. If all religions for peace, unity? No way. Because they are not for peace. 8) Well, The God gave us everything to go from moment to moment in our lives as we do our part and pray only to thank god then the Love is in progress. The Love is always for everyone. We are always worthy of the God's love. Our greatest fear is; not to be loved by anyone but we are all loved by someone. When we eliminate all our unnecessary differences among us then true peaceful life is possible with the true love. If we can't find the peace within ourselves then we will never find it anywhere else. 9) This is the Fight for independence and freedom of humanity to worship God freely without religious guide and guidelines to restrict us. Unnecessarily, We do not want third party controls over us in anything ; especially in spirituality. 10) Revive Survive Thrive. Sincerely, The Real Peacemaker against religious oppression.
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anyone feel this current 2019 housing bubble is going to burst in 2019 ?? it kinda feels like the same environment as the previous 2008 one ?
@@halcyonoutlander2105 don't forget war with china, it make everything worse
Not really ..... ( no bad loans )
@Cowardly Custardif people are still in their homes that they overpaid for at the time of the crash how can their be a massive default if those same people are still in their homes after ten years and are paying their mortgages just fine ? ...the dynamics just arent the same as then ...
Paulson’s call to his wife, “Honey, would you please pray for ‘the devil’ “....
Thanx for the informative video. Great job!
It’s always been the game, it’s a casino, the houses always win!!
My heart bleeds for all those guys! If they ever develop a conscience, they'll burn in their own hell!