This movie has been up on youtube for almost 10 years. Almost 1.5M people have viewed it. A Selena Gomez music video from last year already has almost 650M views. I think most people don't care. They have the attitude of "The world sucks, pass me a beer, let's party."
Finally someone else with some brains and common sense,, aswell I saw the video years ago and I thought let's go outside now and go to the jockey club to bet on some horses 🥴
Doesent that kind of mean it was more the sky is falling? Pessimistic stuff that didnt come true? The four horseman are always around the corner but never seem to show up....just more fear mongering clickbait
Wait until they wakeup whilst the real nightmare has begun and realize that it is now too late to escape from the spiders web as it's paralysing venom begins to take hold of them.
I spent 40 years of my life deep in the belly of this beast know as US Finance and Wall Street. I know the players, I know the game. I can tell you all without ANY reservation, the corruption and greed is far far worse than any of you can imagine. I've always said, if we could instantly take all the corruption out of the US Financial system, there would be nothing left.
"Liberating from it and gaining self-knowledge is the essence of being human. Humanity's greatest ally is the self-educated individual who has read, understood, delay their gratification and walk around with their eyes wide open." This documentary must be an eye-opening experience to all. Thank you all who have contributed to this magnificent documentary.
Then you cave people idiots screwed . Leaened Play fools they play learned because I then fools they as learned as you are we the people not even close
What a jackass pretending to be learned like everyone else think because can talk learned and can fake it pretend to understand clueless about what protects freedom and justice exactly your jobs as we the people then those idiots pretend to be learned my ass
A law should be passed to make it illegal for a person who was a lobbyist to run for public office and for a person who held public office to become a lobbyist to eliminate Wall Street's ownership of government.
Better yet, let us as citizens lobby for the elimination of elections. We ought to adopt the system of the ancient Greeks: choose our legislators by lottery. Anyone willing to serve takes and passes a civil service examination to confirm competency. Your name goes into the lottery. When an opening occurs someone is chosen to serve one term (four years seems enough), after which the person returns to his or her private life. No campaigns. No fund-raising. Something approaching real democracy.
@@bluesstinger1975 Yep, CNM, The corporate ownership of government guaranteed by the corporate owned, supreme court in the ill named Citizen's United law proves you are a truth teller.
“This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.” ― Douglas Adams, The Hitchhiker's Guide to the Galaxy
So long and thanks for all the fish. I certainly do confirm my towels location, as living in Florida does also produce a healthy and slick byproduct of sweat. On the most sarcastic note I can muster: Boy i sure do hope governments worldwide can keep up wishing various miracle solutions into reality while continually printing more money yet telling us all "it's fine, we decided our actions can't be blamed, were gonna claim Heaven's construction as underway cuz hell, ain't like yall working peons have any genuine recourse anyways." All that said but comes out as a very truthful rendition of perhaps a 6 or 7 year old still developing vocabulary and various communication skills. skills. I find myself constantly stunned by how far the absurduty has come from my young/dumb/confident as frig high school years. I had a feeling when my dad and most of my friends dad's back in late 1980's to mid 1990's lost work of a wide variety due to the YOLO SEND THAT ISH OVERSEAS SON! Mentality. I always thought i cannot possibly be seeing the entirety of the situation, in those late 1980's id have been about 6 or 7. Everyone is presented choices that arent really choices, like shopping somewhere other than a Wal-Mart. We could have spent cash somewhere else, but damn if Walmart wasnt selling our own (American specifically, but worldwide decline also) right back to us for seemingly cheap pricing until ya think about just how cheap plastics alone are to manufacture. Literally cheap enough to send something worldwide a few 10s of thousands of miles and still get a Solo cup for ablut $.39 each.
First of all Thank You for posting this film....... This film has just proven the internet can be intelligent, worthwhile and a true educator of the masses. So now some of us know and understand what is going on. How can we start the repairs needed. Before all is lost or out of reach to future generations. How do the sheep become shepherds?
It's crazy I started watching this documentary over the span of a few days and I looked down at the moment it said your comment, and read your comment as it was saying from globalization to localization, that blew my mind, what a coincidence.
I thought the same. Yet the elites are pushing for more globalization. What we really need more than anything is localization and the restoration of community.
What elites want is to separate us, make us fight each other, make us nationalists, and you help them supporting “localization”. What we really need is to unite against elites, globally.
There are some interesting points for sure. The consumer needs to be part of this blame game too. If someone couldn't qualify to buy the $300k house and the Lexus before, why do they think they can after Deregulation. You can blame Clinton, the Banks, the government, Corporations but really some of the finger pointing must be toward the buyer. Sub-prime loans! and ARMs, these products were available but the buyer should have done the due diligence before signing that loan. When a person is struggling to make ends meet in their current situation what would make them think they should look at buying a house that they knew was over their means. The lenders ARE crooked, and are to be blamed too. Education is the answer. Less documentaries pointing to the players, and more about what an Adjustable rate mortgage IS. What is a sub-prime loan and how the terms of such contracts raise the payments over time. Just like in auto industry, lease that Lexus to impress your friends and but later, have a huge Ballon payment or over mileage limit costs at the end and either pay a lot or roll into another lease. This is a lack of consumer education as much as it is any of the big players that is the real issue, IMO.
America is done. All signs suggest that 2023 will be a year of severe economic pain all over the nation. Put those money to work now to make it grow. I knew I had to invest. I didn't think a few Thousand dollars a month would add up. But it is. From 2020 to date, I have made around $600,000
the US is in trouble but its head and shoulders above everyone else. The dollar alone is so deeply intrenched that it will never be replaced and any small attempts to do so lasted like 2 days. The US has been the predominant global power since WW2 and this wont change because the US has self-correcting systems embedded which take time but they do correct and they will so that the US stays at the top
“Ya been had, ya been hoodwinked, ya been bamboozled”. The immortal words of Malcom X. We all share one common enemy. Black, white , brown, yellow, red, etc! The elite one percent turns neighbor against neighbor, brother against brother, community against community. While they systematically rob us blind, oppress us, send us off to die in their wars, force us to conform, and hypnotize us to consume. We must meet the enemy as a people. The only difference between victory and defeat is unity. Put that anger where it belongs.
This film aged like fine wine, the baby boomer point is especially good as it continues to get worse with 80+ year old senators voting only for them. And so much resonates on the decline of an empire, literally describes America and the west perfectly, this film gets truer every single day
The most valuable commodity is knowledge, and that is priceless. Whatever your point of view is, I like to hear and study all sides, but this one put together all the bit and pieces in my head together.
🗽TIME IS VALUABLE -- HOW MANY MINUTES COMPRISE THE AVERAGE HUMAN LIFE ? -- IF ONE MINUTE IS STOLEN FROM EACH OF A BILLION PEOPLE IS THAT NOT EQUIVALENT TO A LIFE ? -- HOW MANY LIVES THEY STEAL IS NOT QUANTIFIABLE
that not true bro - humanity has never been more educated - crime dugs evil corrupt scandels havent stop - go on tell me i need an educaion and a college degree to be rich - odd how neve rin hsitory can we prove education is worthless - peopel fall for scams - buy nfts and crypot etc - education has so many benefits apparently
"At the end of every empire, under the guise of renewal, tribes, armies, and organizations appear, and devour the heritage of the former superpower, often from within."
We are faced with fresh issues every day. It now serves as the norm. We initially mistook it for a crisis, but now we recognize it as a new normal to which we must adjust. What actions may we take to increase income during the quantitative adjustment since 2023 will be a year of tremendous economic suffering for the whole country? I can't allow my $800k in savings to disappear after all my hard work.
Utilizing a portfolio advisor when investing is, in my opinion, fantastic. I was really suffering financial nightmares before speaking with a certified portfolio advisor, right before the pandemic crash in March 2020. In conclusion, I have so far increased my initial $120k investment to over $750k with the help of my advisor.
@@obodoaghahenry9297 Having a counselor is essential for portfolio diversification. My advisor is “Julie Anne Hoover'' who is easily searchable and has extensive knowledge of the financial markets.
So take your money out of the bank and put it under your mattress. It's not earning a significant amount of interest anyway. I can't tell if you're bragging or complaining.
This film correctly points out the many ways that fiat currency skews governments and markets yet proposes that regulation of markets by governments (the people who mandate fiat) will fix everything. You fix the money first and you won't need regulation. Commodities don't just appear from thin air like fiat.
Dave Mayton Corporations still needed regulating when we were on the gold standard. Look at the gilded era, for example. The extremes just weren't as great. The Glass-Steagal act and anti-monopolistic acts helped as part of the regulation but even those have been dismantled or loopholes found to get around.
I never understood the deregulation argument, Or I've never had it explained to me in a way I can understand. If the Banksters are out of control, why in the world would we want them to have less rules (Regulations)?
The dirty secret Libertarians and the "gold bug" people don't want you to know is that finance in the US was a shi* show. There was never enough money in circulation during most of the 19th century with not only market collapses, even when we were on the gold standard, but bank collapses too. How often? A panic literally every 10 years, with a couple more thrown in because of the civil war, the mexican-american war, the spanish colonial war. They don't teach this history because it reveals too many inconvenient facts about how things are paid for in the US. Bankruptcy plays a starring role. So does the federal government. So no, the libertarians don't want you to know about how that worked because they are in love with "markets" even though it's just as vague a noun as "freedom" or "liberty". --when you look at the purchasing power graph at 9:27 it shows the debasement of the $ from 1905-2010. But the funny thing is that 50% of the value lost happened in the first 10 years of the timeline. That's when we started the Federal Reserve. Maybe they learned their lesson in a hurry because it took another 90 years, (90 YEARS!) for it to lose the next 45% of value. Yet the hard currency people are always whining about inflation, even when there wasn't much. --I'm not so keen on the "fate of empires" theory either (8:4). Every age has its own relationship to "pioneering", "conquest" commerce", etc. down to decadence. There are such qualities in very age, it's just there are differences in how people relate to these qualities. I like to point out that people are obsessed with sex all the time, it's just in the pioneer stage they want to repress it, in the conquest and commerce stage they want to regulate it, and in decadence the rules cannot be successfully enforced.
They are proposing way more than just government regulation in a vacuum, mein friend. It actually calls for self-education as a way to break free from apathy. Then it hopes that a more conscious people finally decide that "enough is enough" and reclaim the political power that has always supposed to come from "We the people...". Finally, "We the people.." hopefully would held our elites accountable and end the incestuous relationship between Washington and Wall Street. Only then "We the people..." would be able to enact fair regulations to level the playing field and end the destructive degeneracy brought by money printing.
The presentaion facts are nothing new! It will result in no positive improvements because 99% of all people remain sheep & asleep on the way to being butchered.
Most inspirational video I’ve ever watched in my life on RUclips and trust me I’ve watched countless videos hahaha on RUclips. Thank you Renegade Economist and the Four Horsemen!
Jessie Bower I pity your bovine bahaviour America is now a Global AMERICA'S SURVEILLANCE STATE -Most inspirational video I’ve ever watched in my ass, you moroklaraendriea It is USA against China Russia and All Others. FULL DOCUMENTARY | The Nuclear End of History, and Destruction of The Earth.
Yours is the most insightful comment of all. The problem I have with the beginning of the video is it's moralizing premise: "this generation screwed up", " this generation is profligate", these people lack character, blah blah. It's the system that's lousy, and always has been. There was no "golden age". There was no "Great before". People are people. And finance has exploited all of us.
@@nutritionalrevalution9766 George Bush, communist? or you just can't think of the right word for a privileged son of american aristocrats? like oligarch, or fascist will do fine too, since Pappy Bush's dad was an actual American fascist. Prescot Bush.
How very true this is!!. It's about time the citizens of our country (USA) know the policy of unfairness that we promote.We should start to educate ourselves about how our government spend our taxes(NO TO MORE MILITARY EXPENDITURES).
at graph (26:09) Regan tripled the the defense budget during his term and then Bush II nearly tripled it again. Now do you get where our national deficit comes from?
Today's society doesn't know how to educate themselves, they are to busy watching stupid things on TikTok and posting selfies on social media. They have a computer in their hands 24 7 and still don't know how to educate themselves.
"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages." Adam Smith
It is all very well and noble to explain how we got here and suggest self education and selfless acts of heroism will change the world but nothing will ever change if there is not a collective purpose. This was the one thing missing in this otherwise excellent documentary. In a world governed by individualistic ideals and motivations how can mankind ever come together ever again for global change? It is simply impossible. The is only one way things will ever change is to discover the real reason why we exist. Only when we know that can we have purpose an self satisfaction. Thanks to Tom Campbell we now have that reason and as mankind gradually understands this there will be an inevitable paradigm shift on the level of Martin Luther. Since I discovered why we are here my whole life has altered for the better and I have never been more inwardly content. But I beg you, do not believe me. Belief is the enemy. When we "believe" something we essentially put up a wall around ourselves which blocks all new information from getting to us.When we say we "believe" this we are basically saying: "Look, I believe this now so don't come here with any more information because I have all the information I need" - So if new information comes along that could actually help us, we ourselves reject it. This is why I say; don't believe me. Instead one must find for ourselves. If it is not your experience it is not your truth. Check out Tom Campbell and free yourself from perpetual misery of an empty existence. When we hear the truth we know it because we feel it inside. We all have free will. Find out for yourself or not it's your choice.
This is one of the best documentaries regarding economics and currency that I have seen in a long time. Thank you for posting this, it is a gem. I believe that the whole world is nearing an economic calamity that will cause billions of people, in the third world to starve. We, luckier ones will face times worse than the great depression of the 1930s. The people at the top of the power pyramid have become immoral, this I believe. I leave it to you to discover why this is and what they plan to do. I don't know how one can protect themselves against what could happen, but I am buying physical precious metals that I possess and can trade for barter, if necessary.
What an eye opener to what our gut feelings have always said. Clever fore fathers have alot to answer for. I will be digesting this for some time. The worlds people deserve so much more.
They are not amoral to my point of view, they are human. There is no body to look at as a moral exemple, soon or later we discover bad things about the very famous. I trust this will end someday:-)
Sadly, I don't think the people will ever come together because, despite inequality being more prevalent in this life, there are still those who believe they're going to get a seat at the King's table.
1:28:05 I worked in a factory. I was as office type with a technical background to work with people on the floor. I never wanted to be an entrepreneur. I suspect the multiplier from highest to lowest in the factory was on the order of 10 to one, possibly 15 to 1. There are people who simply want to go to work, go back to their home, have a truck and a trailer. Nothing wrong with that. Doesn't diminish the value, doesn't make one a wage slave.
I was a Nurse for 50 years. At the end of the day, I had zero energy to devote to learning about economics. Those of us in the trenches that keep the wheels of progress turning are at a distinct disadvantage at building wealth. I hate balancing my bank statement. I have sufficient for my needs and am debt free. This gives me peace of mind and at 80 I am blissfully content. The scripture says usury is forbidden. If I understand the crux of what you have said, Capitalism creates wealth through usury. I am content in my little corner of the world. I despair for America as it is unrecognizable. Especially with the gender gap. I feel sorry for our youth and the young people that will inherit this disaster. What the Banks have done is criminal and unjust. I have known many wealthy people and they drop their pants to do their business the same as the rest of us. They are the ones laboring under the illusion that their riches somehow elevate them in society, but it is all smoke and mirrors and I would not change places with a single one of them.
@@thomasleonard7211 Well thomas, what is not propaganda today? But this just shows which no one is telling socialism for the rich. Millions of people got affected from the so-called propaganda in 2008 and now in Corona. I don't understand why this is false... but in jobs, employees working to make their boss rich is completely acceptable.
@@thomasleonard7211 Propaganda is the art of telling a small truth to conceal a bigger lie. What part don't you agree with? In my opinion this small truth is more revealing the the propaganda we get from most other media, especially the WSJ, CNBC, and other so called "business" news outlets, which are little more than PR firms for the 1%.
So the US is stuck because if no new lending occurs, the whole economy melts down, the markets grind to a halt, corporations that employ millions of people won’t make payroll. It’s too late. The Fed has to keep the systemic institutions like big investment banks and corporations that are ingrained in the broken system. If they “fail”, it starts a chain reaction and will cause loss of faith in our system and economic calamity occurs. So I’ve come to the conclusion the US is destined for super inflation at some point. Will we get there slowly or will there be a big “snap” incident that causes it. I feel sorry for my sons. They know not what world they are growing up into that is left behind by their parents’ generations’ failures have left them.
Actually, if all the so called "investment banks" failed, the U.S. would be much better off. The investment bank as a business model has proved itself fatally flawed.
Neo colonialism Material success,social failure I never let my schooling interfere with my education - mark Twain I wish I had done that. better late than never
I think we all agree with a lot of what's been said. You do not have to completely join in. I also question the true motives of charities. After 50 years across the world they've made little difference but have extrapolated huge amounts. They are now almost part of the system. As in the case of the flowery dressed lady.
@@buddyflood6761 agreed. I gave a whole months salary to UNICEF towards a fistula clinic in Africa when I was a young lefty.They admitted that much went to bribe armed gangs just to let them thru on the roads. Today we in the UK are more like the third world in some areas, and letting in armies of gangs from Albania crossing in boats from Europe. Nothing is done about it. To be disappointed is apparently to be far right in the media's eyes. Totally corrupt is an understatement. I still admire the courage of those who put themselves in harms way to help other as they stand to pay a much higher price than I ever did.
I’ve been saying the same about cancer research. There is too much money to be made to find a cure. Possibly cynical, but cancer is a huge industry and apparently no progress made.
I did what I could about our greedy empire, with very limited knowhow, when I was young and then sadly I slipped back into conformity for the rest of my life. The FOUR HORSEMEN pointed out that the worst thing that the average bloke can do is to allow oneself to retreat into lonliness, regret and selfishness in ones old age. I would like to hear the outlook on this subject, of a hungry young person who is just embarking on adulthood. Will you enroll in some ruling class school of banking and finance or will you set your course on some ethical skill with which you can serve your fellow human beings while paying you a living wage?
A time it was, and what a time it was, it was A time of innocence A time of confidences Long ago it must be I have a photograph Preserve your memories They're all that's left you
Great documentary. Ive known this for some time and could never put it into words. Im sure there are others who feel the same way. This only fuels my anger. The sooner it fails the sooner we can try rebuilding it the way it was intended.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Dear human fellows, I’m from Bulgaria and watching this video as very other people do around the world that learned the English language and I have a few things to let go… There was a time where the states seemed to be a symbol for a new peaceful future. Most of the people believed in the ideas and unities the USA has created and presented. Then, in the last decades one bad thing after the other is being unraveled or done by cruel politics, hateful decisions and dreadful provocations. I think I speak for most of Europeans when I say, we know what’s going on and who is doing what. We are not stupid. Unfortunately, it was also disappointing to find out that the elites of the state think they can play games with everybody and god knows how long this is actually going on. I pray for you people stuck there with literally the devil and I hope the truth wins one day. There are not much people stuck clear in their heads these days. For sure things that are happening since the WW‘s are real madness and one with more than enough money in they’re bank and not helping others is the craziest person ever. Millionaires, billionaires, trillionaires, who cares? Psychopathic times we live in. I wonder, how this is being studied in 100 years… well done CIA, FBI, WEF, etc
You are 💯 percent correct about the US, but Europe is in EXACTLY THE SAME SITUATION FOR EXACTLY THE SAME REASONS! God help us all . This is 9 years later , how long before it collapses ❤
Deyan, you have a very incorrect view of history. The US ("states") has always been a state that promoted violence based on greed. It promotes democracy while being the most anti-democratic power to have existed. Since WW2, the US has created havoc, war and destruction in the world solely to defend its hegemony. Prior to WW2, ie from its founding, the US has been at war, it fought is a culture that promotes violence, murder and destruction for wealth. The Americans fought Britain, Canada, Mexico, they annihilated the native Americans, they invaded and took land from others including the Hawaiians. Americans are supremacists as were the Nazis. They do not care how many people suffer as long as their wealth get wealthier. They have never bee a symbol for a peaceful future, they have always promoted war insisting on destroying any cultures that were different by using force. The US regime, irrespective of being identified as "Democrats" or "Republicans" are moving our world closer to extinction despite their own country approaching decay.
To add to these 2 comments; 2024 it starts. CBDC is coming to thoroughly control people but it only delays the inevitable. A side note which may be of interest is the imagery of the book of Daniel and also Revelation is coming into view rapidly. Even proper science (not the net zero nonsense) tells us time has nearly run out. All that is needed is for Israel to make a treaty...
Watching in 2021 and I believe the curtain just went up on the final act. It will all be gone within t2 years at most if WE THE PEOPLE don't stand, fight, and save it... by force if necessary. Some won't see the new beginning, but I feel I've lived my life and I owe it to my descendants to hold on to this last place of freedom on God's green and blue planet. God show mercy on us all!
I hope they will follow up this discussion with a video detailing how the transition away from fiat currency would occur and what the immediate and long-term ramifications would be on local, national, and international economies and on both macro and micro scales.
The short answer is death possibly in the billions. If and probably so, some form of social cohesion will take place causing all out war to try to maintain.
It's not necessarily fiat currencies themselves that are bad. A really interesting example is Somali dinar(?). Since the Somali state was defunct for so long, no new somali-fiat money was created. Therefore the value of it was(still is?) really stable for a really long time.
Fiat currencies are debt based meaning you owe it back to the bank with interest. Remove that from the currency and it becomes more stable and allows us to pay down the national debt instead of the debt being impossible to repay. Imagine borrowing your annual income and having to pay it back each year with interest.,wouldn't take you long to go bankrupt
“When you read the history of the world you are reading a saga of bloodshed and greed and folly. And yet we imagine that the future will somehow be different.” -“Sunset Limited” (2011) We are all asleep 😴
One of the oldest books in existence says" It does not belong to man who is walking, to direct his own steps" and "Man has dominated man to his own injury."
“All experience has shown that mankind is more disposed to suffer, while evils are sufferable”. I think generally this statement is true because Jerome Powell has been openly saying to the American people “the savings in Americans bank accounts should run out by September 2023”. The American people hear this statement said quite openly, yet they don’t seem to object to the fact that the person in charge of americas finances WANTS them to run out of money.
Commenting along as I watch this. I agree, they problem is when the non producers get the rewards, that includes the top and the bottom. The ones in the middle pay... i.e. people who work and produce. The bottom and the top suck off them.
The people are the bottom are those who were destroyed by the corruption of the system, they were overwhelmingly hard workers before tragedy struck. Demonizing them is wrong and serves the actual evil that causes poverty and suffering. Capitalism requires a desperately poor underclass to drive wages down.
Thoroughly impressed with this. There were a few examples of terribly flawed thinking, but they were greatly outnumbered by sound arguments and good ideas. Overall, an excellent film. Thank you.
Fake as hell learned idiots cave people refuse correction refuse truth refuse to question any pretend to understand even if is a God or isn't unbelievable guess know deceiving self exactly unknown to even self
Alot of bunk, slick talk against American exceptionalism and capitalism, a system that does work. Cream rises to the top, but I also believe Americans are the most generous and charitable. Between 2016 to 2020 Americans were riding high. Even low earners were moving upwardly, that is a fact!
That exactly what I've seen, especially since 911 to Covid, ppl are now more willing to help each other out than I have ever seen. I mean I'm an 80's baby, and from yhen up in till now I've seen this more n more. Of coure, just like any other country we have our bad apples & our crooks however we've been pretty good about putting them in their place. We don't let that bring us down or have never let that define us. I'm proud to be an American now more then ever, and I know we will bounce back just like we've always have. I look at these miss fortunes as an opportunity to come even closer because it only makes us stronger, and that makes us unique. So to this other country's I say, " your either with us or your against us. And if your against us, trust me there will be no where that you can hide, that we won't fined you. We don't start $h!t we finish it.
I do find it quite incredible, people out of just intuition can tell that something is wrong and are upset. Though they may not be able to point a finger or may be misinformed. They are right, but the banks and the Fed use this to their advantage and people can be misdirected. I feel this documentary absolutely hit the nail right on the fuckin head.
Fentanyl in all street drugs. Be sure to tell people not to take any street drugs. New the fentanyl crawl which is happening on the streets of San Francisco. They are overdosing by the hundreds.
I've been saying this for many years. Greed is the problem. POWER is the issue. Inequality is the Results. I love the the idea of Taxes based on Consumption. Love it love it love it. Although I do believe however that their should be No tax laws. ONE FLAT TAX ON EVERY ONE. NO TAX DEDUCTION FOR ANYTHING!!!
I really, really wonder what might have happened if we hadn't bailed out any of the banks and financial institutions in 2009. I suspect much of what was feared would never have come to fruition. Or, if it had, it would send a message around the world: "No more bailouts!" That alone would drastically reduce the risks of deregulation of the financial industry because it would introduce tangible risks to an industry that isn't confronted with any: the Wall Street banking system. They just get more obscene bonuses. NONE of them ever go to jail.
I don’t agree, however, with Ms. Tett, of the Financial Times, that, in America, “pain” must necessarily be inflicted upon people here just because we’ve enjoyed an expansion of resources in the past and now we’re being faced with limited resources. We can and will find a way forward!
Totally flawed data, this market is not any where near the 2008 collapse. There are NO SUBPRIME Loans. NO stated Income. No DE Loans. The fact is, sadly, the rich are getting richer and the fuel to this market was and still is controlled by cash buyers. It is hard to compare existing homes sales to new construction sprawl, not the same buyers, not the same market. You cannot compare Downtown Orlando to 30 miles outside of the core anymore than you could compare Manhatten to the Bronx. What is truly scary is the rise in rental prices and the rise in home prices at the same time. The rise in rental prices, the rise of living expenses, the burden of student loan debt has closed off home ownership to younger (first time home buyers). You will not see a major decrease in home purchase prices before the rental market has a major adjustment first. I have 20 years of experience in real estate in FL.
poverty will only be solve if we ourselves change, humans are not perfect and if we share the other will become dependent and lazy. we are NOT one, we are many, and therefor we cannot act united in one mind. with so many different cultures and belief we will never think and act as one.
@@theboyisnotright6312 I assume you mean quote and not quite. Now see a quote is a copy of a sentence spoken or written by a person word for word. Meaning you are wrong, it is not Henry’s quote. This specific quote belongs to a fictional character named Tyler Durden in the movie Fight Club. Henry Thoreau’s exact words were “We don't own things; things own us.” Now Tyler Durden’s quote and Henry’s quote may have the same idea and meaning to it. But they are not word for word the same. The words repeated in the video are Tyler’s words and not Henry’s. Hence it’s Tyler’s quote. And yes I do agree Henry Thoreau’s book Walden is a great read. I’m sure Tyler is a fan of Henry, but that is not how quotes work. So my advice to you is to know the meaning of what a quote is. Hopefully that will help the rest of that half brain. Have a great day.
@@camelnut7014 good lord! What happened to you in 3rd grade to cause you to be so pompous? That post doesn't make you look smarter, makes you look like an ass.
So, more or less this is a hit-piece on my beloved consumer economy. But, it gets at least one thing right: The tax system would be better as a consumption, rather than income, tax. Absolutely true.
This is a great story for all who care about the well being of our country our people and ourselves.I for one never heard of any of these thoughts of fundamental wealth and its outcome in a society.
It doesn’t matter the pass, it’s now, what do you do to repair what’s going on now in America. The pass is dead and gone. Why do you the people let the government keep destroying. Why do we pay billions to other countries wars and get involved where don’t belong? Why are we paying taxes for what we own. Why do you continue vote for same corrupt people? Why do we let rich people keep getting richer, why do we let the Jewish Hollywood continue to influence people with movies sexual, dirty languages, violence, children expose dirty things. Big cooperations run things because people believe in evil government. Now twisting everything about Bible and God around, so, you will not say nothing. This is now not the pass, always passed, people wake up take stand for America? We are going to Nazi time, you will not be aloud to speak, have control over your property.
1:17:54 the internet can provide information but only if the Google algorithm permits it. Critical thinking derives itself from the ability to process information but if the information is misfed or misleading there's no critical thinking. That leads to the depression discussed in this video a few moments back.
This movie has been up on youtube for almost 10 years. Almost 1.5M people have viewed it.
A Selena Gomez music video from last year already has almost 650M views.
I think most people don't care. They have the attitude of "The world sucks, pass me a beer, let's party."
People will care when the shit hits the fan.
Finally someone else with some brains and common sense,, aswell I saw the video years ago and I thought let's go outside now and go to the jockey club to bet on some horses 🥴
Doesent that kind of mean it was more the sky is falling? Pessimistic stuff that didnt come true? The four horseman are always around the corner but never seem to show up....just more fear mongering clickbait
You. You are the point of this movie and the crux of the problem.
That said.... PASS ME ANOTHER BEER!
Wait until they wakeup whilst the real nightmare has begun and realize that it is now too late to escape from the spiders web as it's paralysing venom begins to take hold of them.
I spent 40 years of my life deep in the belly of this beast know as US Finance and Wall Street. I know the players, I know the game. I can tell you all without ANY reservation, the corruption and greed is far far worse than any of you can imagine. I've always said, if we could instantly take all the corruption out of the US Financial system, there would be nothing left.
😭
Stock market is rigged?!
So you would know that the overwhelming majority of the plutocrats are zionist Jews.
If you disagree please tell me differently.
We're going to hell , in a beard basket.
Maybe nothing is where we need to start.
"Liberating from it and gaining self-knowledge is the essence of being human. Humanity's greatest ally is the self-educated individual who has read, understood, delay their gratification and walk around with their eyes wide open." This documentary must be an eye-opening experience to all. Thank you all who have contributed to this magnificent documentary.
i think like you over peoples to find out the talent power for us all
verena
Then you cave people idiots screwed . Leaened Play fools they play learned because I then fools they as learned as you are we the people not even close
What a jackass pretending to be learned like everyone else think because can talk learned and can fake it pretend to understand clueless about what protects freedom and justice exactly your jobs as we the people then those idiots pretend to be learned my ass
Lie down clueless about what stand for
Awesome
It is no honor to be thought highly of in a profoundly sick society.
A law should be passed to make it illegal for a person who was a lobbyist to run for public office and for a person who held public office to become a lobbyist to eliminate Wall Street's ownership of government.
Better yet, let us as citizens lobby for the elimination of elections. We ought to adopt the system of the ancient Greeks: choose our legislators by lottery. Anyone willing to serve takes and passes a civil service examination to confirm competency. Your name goes into the lottery. When an opening occurs someone is chosen to serve one term (four years seems enough), after which the person returns to his or her private life. No campaigns. No fund-raising. Something approaching real democracy.
@@nthperson That would be very interesting, Edward.
No amount of words on paper can stop one person from taking a dollar out of their pocket and putting it in another's. Pass all the laws you want.
Can't be done, it's America, the conman's paradise, where you a rewarded for corruption and frowned upon for being honest
@@bluesstinger1975 Yep, CNM, The corporate ownership of government guaranteed by the corporate owned, supreme court in the ill named Citizen's United law proves you are a truth teller.
“This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.”
― Douglas Adams, The Hitchhiker's Guide to the Galaxy
So long and thanks for all the fish.
I certainly do confirm my towels location, as living in Florida does also produce a healthy and slick byproduct of sweat.
On the most sarcastic note I can muster:
Boy i sure do hope governments worldwide can keep up wishing various miracle solutions into reality while continually printing more money yet telling us all "it's fine, we decided our actions can't be blamed, were gonna claim Heaven's construction as underway cuz hell, ain't like yall working peons have any genuine recourse anyways."
All that said but comes out as a very truthful rendition of perhaps a 6 or 7 year old still developing vocabulary and various communication skills.
skills. I find myself constantly stunned by how far the absurduty has come from my young/dumb/confident as frig high school years.
I had a feeling when my dad and most of my friends dad's back in late 1980's to mid 1990's lost work of a wide variety due to the YOLO SEND THAT ISH OVERSEAS SON! Mentality.
I always thought i cannot possibly be seeing the entirety of the situation, in those late 1980's id have been about 6 or 7. Everyone is presented choices that arent really choices, like shopping somewhere other than a Wal-Mart. We could have spent cash somewhere else, but damn if Walmart wasnt selling our own (American specifically, but worldwide decline also) right back to us for seemingly cheap pricing until ya think about just how cheap plastics alone are to manufacture.
Literally cheap enough to send something worldwide a few 10s of thousands of miles and still get a Solo cup for ablut $.39 each.
I like my things and I am not depressed.
ABSOLUTELY the best economic documentary. Wake up people. And share this info with your loved ones.
They can't understand it. It's one step to high.
First of all Thank You for posting this film....... This film has just proven the internet can be intelligent, worthwhile and a true educator of the masses. So now some of us know and understand what is going on. How can we start the repairs needed. Before all is lost or out of reach to future generations. How do the sheep become shepherds?
8 years after this was made, and we are only deeper in the hole worldwide.
People years back so locked into manipulation and deceit. Not truth. Like pretend. So locked into personal perception.
95% of this is a propaganda film
They break it and then tell you it's broken.
@@LesterRoquefort ok. Fed.
Or bot.
Which one are you?
@@wormbo2 A capitalist. This film is anti American anti capitalist propaganda at its finest. Keep chugging the cherry flavor commie
Simply the best documentary ever. Every human being must be shown this documentary. Period.
“From globalization to localization.” Some of the BEST words to take from this documentary.
It's crazy I started watching this documentary over the span of a few days and I looked down at the moment it said your comment, and read your comment as it was saying from globalization to localization, that blew my mind, what a coincidence.
@@NolimitservicesUsThat's a sign of something for sure!
I thought the same. Yet the elites are pushing for more globalization. What we really need more than anything is localization and the restoration of community.
What elites want is to separate us, make us fight each other, make us nationalists, and you help them supporting “localization”. What we really need is to unite against elites, globally.
There are some interesting points for sure. The consumer needs to be part of this blame game too. If someone couldn't qualify to buy the $300k house and the Lexus before, why do they think they can after Deregulation. You can blame Clinton, the Banks, the government, Corporations but really some of the finger pointing must be toward the buyer.
Sub-prime loans! and ARMs, these products were available but the buyer should have done the due diligence before signing that loan. When a person is struggling to make ends meet in their current situation what would make them think they should look at buying a house that they knew was over their means. The lenders ARE crooked, and are to be blamed too. Education is the answer.
Less documentaries pointing to the players, and more about what an Adjustable rate mortgage IS. What is a sub-prime loan and how the terms of such contracts raise the payments over time. Just like in auto industry, lease that Lexus to impress your friends and but later, have a huge Ballon payment or over mileage limit costs at the end and either pay a lot or roll into another lease.
This is a lack of consumer education as much as it is any of the big players that is the real issue, IMO.
America is done. All signs suggest that 2023 will be a year of severe economic pain all over the nation. Put those money to work now to make it grow. I knew I had to invest. I didn't think a few Thousand dollars a month would add up. But it is. From 2020 to date, I have made around $600,000
lie
23 years of your dollar accumulayion is now worth $100,000. You lost 1/2 a million.
Ya, but they will be dwarfed by the global world famine because of crop failures, caused by suns dormancy occurring since 21 for years more
the US is in trouble but its head and shoulders above everyone else. The dollar alone is so deeply intrenched that it will never be replaced and any small attempts to do so lasted like 2 days.
The US has been the predominant global power since WW2 and this wont change because the US has self-correcting systems embedded which take time but they do correct and they will so that the US stays at the top
@@dro355 We are losing the petro dollar and this will have far reaching economic effects for us.
You can never get enough of what you don't need. Bang on that.
“Ya been had, ya been hoodwinked, ya been bamboozled”. The immortal words of Malcom X. We all share one common enemy. Black, white , brown, yellow, red, etc! The elite one percent turns neighbor against neighbor, brother against brother, community against community. While they systematically rob us blind, oppress us, send us off to die in their wars, force us to conform, and hypnotize us to consume. We must meet the enemy as a people. The only difference between victory and defeat is unity. Put that anger where it belongs.
Wells Fargo was and still is the most crooked bank ever.
To be a bank...any bank, is to be corrupt.
Agreed
Citibank too
They try their shit on me..overdraft payments ha..ha..ha..not happening
Deutché has entered the chat
An EXCELLENT portrayal of humanitties social , political ,financial & moral problems! Well done for doing this exceptional documentary; thank you!
This should be required listening by everybody on the planet!
This film aged like fine wine, the baby boomer point is especially good as it continues to get worse with 80+ year old senators voting only for them. And so much resonates on the decline of an empire, literally describes America and the west perfectly, this film gets truer every single day
The most valuable commodity is knowledge, and that is priceless. Whatever your point of view is, I like to hear and study all sides, but this one put together all the bit and pieces in my head together.
Most it goes over their head. It's how it works.
🗽TIME IS VALUABLE -- HOW MANY MINUTES COMPRISE THE AVERAGE HUMAN LIFE ? -- IF ONE MINUTE IS STOLEN FROM EACH OF A BILLION PEOPLE IS THAT NOT EQUIVALENT TO A LIFE ? -- HOW MANY LIVES THEY STEAL IS NOT QUANTIFIABLE
The pen is mightier than the sword, how is that statement.
that not true bro - humanity has never been more educated - crime dugs evil corrupt scandels havent stop - go on tell me i need an educaion and a college degree to be rich - odd how neve rin hsitory can we prove education is worthless - peopel fall for scams - buy nfts and crypot etc - education has so many benefits apparently
A more honest and thoughtful analysis of humanity I have never seen.
"At the end of every empire, under the guise of renewal, tribes, armies, and organizations appear, and devour the heritage of the former superpower, often from within."
Musk, Trump, Wall Street, Banks , most politicians, illegal immigrants..etc.
@@rand007No. Individual people, the financial sector, elected officials, and human beings are not tribes, armies, and organizations.
We are faced with fresh issues every day. It now serves as the norm. We initially mistook it for a crisis, but now we recognize it as a new normal to which we must adjust. What actions may we take to increase income during the quantitative adjustment since 2023 will be a year of tremendous economic suffering for the whole country? I can't allow my $800k in savings to disappear after all my hard work.
Utilizing a portfolio advisor when investing is, in my opinion, fantastic. I was really suffering financial nightmares before speaking with a certified portfolio advisor, right before the pandemic crash in March 2020. In conclusion, I have so far increased my initial $120k investment to over $750k with the help of my advisor.
@@marcelrobert9569 Please let me know the name and phone number of the consultant who helps you with your investment.
@@obodoaghahenry9297 Having a counselor is essential for portfolio diversification. My advisor is “Julie Anne Hoover'' who is easily searchable and has extensive knowledge of the financial markets.
Well I guess I have no chance because I have nothing but bad news or the bad bag after 25 years of Labor
So take your money out of the bank and put it under your mattress. It's not earning a significant amount of interest anyway. I can't tell if you're bragging or complaining.
This film correctly points out the many ways that fiat currency skews governments and markets yet proposes that regulation of markets by governments (the people who mandate fiat) will fix everything. You fix the money first and you won't need regulation. Commodities don't just appear from thin air like fiat.
Dave Mayton Corporations still needed regulating when we were on the gold standard. Look at the gilded era, for example. The extremes just weren't as great. The Glass-Steagal act and anti-monopolistic acts helped as part of the regulation but even those have been dismantled or loopholes found to get around.
I never understood the deregulation argument, Or I've never had it explained to me in a way I can understand. If the Banksters are out of control, why in the world would we want them to have less rules (Regulations)?
The dirty secret Libertarians and the "gold bug" people don't want you to know is that finance in the US was a shi* show. There was never enough money in circulation during most of the 19th century with not only market collapses, even when we were on the gold standard, but bank collapses too. How often? A panic literally every 10 years, with a couple more thrown in because of the civil war, the mexican-american war, the spanish colonial war. They don't teach this history because it reveals too many inconvenient facts about how things are paid for in the US. Bankruptcy plays a starring role. So does the federal government. So no, the libertarians don't want you to know about how that worked because they are in love with "markets" even though it's just as vague a noun as "freedom" or "liberty".
--when you look at the purchasing power graph at 9:27 it shows the debasement of the $ from 1905-2010. But the funny thing is that 50% of the value lost happened in the first 10 years of the timeline. That's when we started the Federal Reserve. Maybe they learned their lesson in a hurry because it took another 90 years, (90 YEARS!) for it to lose the next 45% of value. Yet the hard currency people are always whining about inflation, even when there wasn't much.
--I'm not so keen on the "fate of empires" theory either (8:4). Every age has its own relationship to "pioneering", "conquest" commerce", etc. down to decadence. There are such qualities in very age, it's just there are differences in how people relate to these qualities. I like to point out that people are obsessed with sex all the time, it's just in the pioneer stage they want to repress it, in the conquest and commerce stage they want to regulate it, and in decadence the rules cannot be successfully enforced.
They are proposing way more than just government regulation in a vacuum, mein friend.
It actually calls for self-education as a way to break free from apathy. Then it hopes that a more conscious people finally decide that "enough is enough" and reclaim the political power that has always supposed to come from "We the people...".
Finally, "We the people.." hopefully would held our elites accountable and end the incestuous relationship between Washington and Wall Street.
Only then "We the people..." would be able to enact fair regulations to level the playing field and end the destructive degeneracy brought by money printing.
The presentaion facts are nothing new! It will result in no positive improvements because 99% of all people remain sheep & asleep on the way to being butchered.
Most inspirational video I’ve ever watched in my life on RUclips and trust me I’ve watched countless videos hahaha on RUclips. Thank you Renegade Economist and the Four Horsemen!
Jessie Bower I pity your bovine bahaviour America is now a Global AMERICA'S SURVEILLANCE STATE -Most inspirational video I’ve ever watched in my ass, you moroklaraendriea
It is USA against China Russia and All Others.
FULL DOCUMENTARY | The Nuclear End of History, and Destruction of The Earth.
This film is even more relevant now, then when it came out in 2012!!
Single handedly renurished my faith in humanity.
The U.S. was a business plan.
Now, the globe is that business plan.
George Bush SR 9-11-91 New World Order COMMUNIST SPEECH
Yours is the most insightful comment of all. The problem I have with the beginning of the video is it's moralizing premise: "this generation screwed up", " this generation is profligate", these people lack character, blah blah. It's the system that's lousy, and always has been. There was no "golden age". There was no "Great before". People are people. And finance has exploited all of us.
@@nutritionalrevalution9766 George Bush, communist? or you just can't think of the right word for a privileged son of american aristocrats? like oligarch, or fascist will do fine too, since Pappy Bush's dad was an actual American fascist. Prescot Bush.
The difference is SOME GET AWAY WITH IT AND OTHERS PAY FOR IT DEARLY
How very true this is!!. It's about time the citizens of our country (USA) know the policy of unfairness that we promote.We should start to educate ourselves about how our government spend our taxes(NO TO MORE MILITARY EXPENDITURES).
at graph (26:09) Regan tripled the the defense budget during his term and then Bush II nearly tripled it again. Now do you get where our national deficit comes from?
Today's society doesn't know how to educate themselves, they are to busy watching stupid things on TikTok and posting selfies on social media. They have a computer in their hands 24 7 and still don't know how to educate themselves.
Military expenditures are needed to maintain the political status quo, bankers and corporate greed.
"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages." Adam Smith
Good post. Great quote; capitalism is an effective method, everyone just needs to be reminded how it's played.
It is all very well and noble to explain how we got here and suggest self education and selfless acts of heroism will change the world but nothing will ever change if there is not a collective purpose. This was the one thing missing in this otherwise excellent documentary.
In a world governed by individualistic ideals and motivations how can mankind ever come together ever again for global change? It is simply impossible.
The is only one way things will ever change is to discover the real reason why we exist. Only when we know that can we have purpose an self satisfaction.
Thanks to Tom Campbell we now have that reason and as mankind gradually understands this there will be an inevitable paradigm shift on the level of Martin Luther. Since I discovered why we are here my whole life has altered for the better and I have never been more inwardly content. But I beg you, do not believe me. Belief is the enemy. When we "believe" something we essentially put up a wall around ourselves which blocks all new information from getting to us.When we say we "believe" this we are basically saying: "Look, I believe this now so don't come here with any more information because I have all the information I need" - So if new information comes along that could actually help us, we ourselves reject it. This is why I say; don't believe me. Instead one must find for ourselves. If it is not your experience it is not your truth. Check out Tom Campbell and free yourself from perpetual misery of an empty existence. When we hear the truth we know it because we feel it inside. We all have free will. Find out for yourself or not it's your choice.
Thoughtful, compelling, revealing, sobering, and timely. In a word, brilliant.
Greed . Will certainly destroy, all of mankind. If it doesn't change the attitude of helping fellow men. Morality is the key to life !
This is one of the best documentaries regarding economics and currency that I have seen in a long time. Thank you for posting this, it is a gem. I believe that the whole world is nearing an economic calamity that will cause billions of people, in the third world to starve. We, luckier ones will face times worse than the great depression of the 1930s. The people at the top of the power pyramid have become immoral, this I believe. I leave it to you to discover why this is and what they plan to do. I don't know how one can protect themselves against what could happen, but I am buying physical precious metals that I possess and can trade for barter, if necessary.
Apathy, greed, selfishness and ignorance are the horses that the 4 horsemen ride.
You just described Obama...perfectly. Except you forgot.....perverse.
They now have a new horse. Its called My Little Pony
@@DianeHasHopeInChrist you didn't pay attention, did you?
@@DianeHasHopeInChrist Are you insane? Did you take anything in?
@Igor Horváth 😂
What an eye opener to what our gut feelings have always said. Clever fore fathers have alot to answer for. I will be digesting this for some time.
The worlds people deserve so much more.
Thank you Diane. Great video, very helpful. I've watched it several times now.
"You can never get enough of what you don't need"! Sooo True.
Thank you keeping this important documentary available all to view!
Why was the original video taken down?
@@joecurran2811 My question is why it took me 8 years to bump into it? More importantly there should be part two, because 2022 feels like 2008 part 2.
Great documentary.. Thank you for posting!! 👏👏👏👏
In the last few years, I can't help but to walk around with my eyes wide open💯
RUclips it's just now letting people see this?😂 hey everybody I uploaded this 9 years ago
"Financial organizations are amoral" because they are not being regulated. Or rather, they have no incentive to behave in any other way.
They are not amoral to my point of view, they are human. There is no body to look at as a moral exemple, soon or later we discover bad things about the very famous. I trust this will end someday:-)
They are not "amoral" meaning no morals. They have morals, just a different set of morals than the general public.
Nine years later and things have just gotten worse.... Nothing will change until the people come together.....
Sadly, I don't think the people will ever come together because, despite inequality being more prevalent in this life, there are still those who believe they're going to get a seat at the King's table.
1:28:05 I worked in a factory. I was as office type with a technical background to work with people on the floor. I never wanted to be an entrepreneur. I suspect the multiplier from highest to lowest in the factory was on the order of 10 to one, possibly 15 to 1. There are people who simply want to go to work, go back to their home, have a truck and a trailer. Nothing wrong with that. Doesn't diminish the value, doesn't make one a wage slave.
It now a place 1 to 4000 is little
Great documentary. Thanks so much.
I was a Nurse for 50 years. At the end of the day, I had zero energy to devote to learning about economics. Those of us in the trenches that keep the wheels of progress turning are at a distinct disadvantage at building wealth. I hate balancing my bank statement. I have sufficient for my needs and am debt free. This gives me peace of mind and at 80 I am blissfully content. The scripture says usury is forbidden. If I understand the crux of what you have said, Capitalism creates wealth through usury. I am content in my little corner of the world. I despair for America as it is unrecognizable. Especially with the gender gap. I feel sorry for our youth and the young people that will inherit this disaster. What the Banks have done is criminal and unjust. I have known many wealthy people and they drop their pants to do their business the same as the rest of us. They are the ones laboring under the illusion that their riches somehow elevate them in society, but it is all smoke and mirrors and I would not change places with a single one of them.
Underrated documentary. Why did I find it after so long?
Because its propaganda. You just watched propaganda.
@@thomasleonard7211 Well thomas, what is not propaganda today? But this just shows which no one is telling socialism for the rich. Millions of people got affected from the so-called propaganda in 2008 and now in Corona. I don't understand why this is false... but in jobs, employees working to make their boss rich is completely acceptable.
@@thomasleonard7211 Propaganda is the art of telling a small truth to conceal a bigger lie. What part don't you agree with? In my opinion this small truth is more revealing the the propaganda we get from most other media, especially the WSJ, CNBC, and other so called "business" news outlets, which are little more than PR firms for the 1%.
U were too busy looking at ronaldos yacht and cars
So the US is stuck because if no new lending occurs, the whole economy melts down, the markets grind to a halt, corporations that employ millions of people won’t make payroll. It’s too late. The Fed has to keep the systemic institutions like big investment banks and corporations that are ingrained in the broken system. If they “fail”, it starts a chain reaction and will cause loss of faith in our system and economic calamity occurs. So I’ve come to the conclusion the US is destined for super inflation at some point. Will we get there slowly or will there be a big “snap” incident that causes it. I feel sorry for my sons. They know not what world they are growing up into that is left behind by their parents’ generations’ failures have left them.
Actually, if all the so called "investment banks" failed, the U.S. would be much better off. The investment bank as a business model has proved itself fatally flawed.
Absolutely brilliant! Short documentary that hits all points! Here we are years buckling up for the grand finale.
Omg seriously that sucks we might be saved we're just on life support right now the hour glass😭
This “documentary “ -oddly- reminds me of something said in the movie The Exorcist, “it will mix the truth with lies to confuse you.”
Quoting Hollywood is a fatal mistake genius 😂😂😂😂😂😂
Neo colonialism
Material success,social failure
I never let my schooling interfere with my education - mark Twain
I wish I had done that. better late than never
I think we all agree with a lot of what's been said. You do not have to completely join in. I also question the true motives of charities. After 50 years across the world they've made little difference but have extrapolated huge amounts. They are now almost part of the system. As in the case of the flowery dressed lady.
Yes, it would have better without Catman Batman in it, she was a little cringe smelling her own unicorn farts.
give to local charities only, the large ones are mostly thieves
@@buddyflood6761 agreed. I gave a whole months salary to UNICEF towards a fistula clinic in Africa when I was a young lefty.They admitted that much went to bribe armed gangs just to let them thru on the roads. Today we in the UK are more like the third world in some areas, and letting in armies of gangs from Albania crossing in boats from Europe. Nothing is done about it. To be disappointed is apparently to be far right in the media's eyes. Totally corrupt is an understatement. I still admire the courage of those who put themselves in harms way to help other as they stand to pay a much higher price than I ever did.
I’ve been saying the same about cancer research. There is too much money to be made to find a cure. Possibly cynical, but cancer is a huge industry and apparently no progress made.
Homeless industrial complex. 5 billion spent here is socal and not anything build. Cities homeless charities,, the heads make 500k a year.
I did what I could about our greedy empire, with very limited knowhow, when I was young and then sadly I slipped back into conformity for the rest of my life. The FOUR HORSEMEN pointed out that the worst thing that the average bloke can do is to allow oneself to retreat into lonliness, regret and selfishness in ones old age. I would like to hear the outlook on this subject, of a hungry young person who is just embarking on adulthood. Will you enroll in some ruling class school of banking and finance or will you set your course on some ethical skill with which you can serve your fellow human beings while paying you a living wage?
A time it was, and what a time it was, it was
A time of innocence
A time of confidences
Long ago it must be
I have a photograph
Preserve your memories
They're all that's left you
Did you write this? It's very good.
@@StevenKHarrison It's a Simon and Garfunkel song, actually, called "Bookends", and I agree, it is.
ruclips.net/video/5S5V-Y53ad4/видео.html
Bunne Rabb Great songwriting from Paul Simon Old Friends/Bookends!
Me like
Great documentary. Ive known this for some time and could never put it into words. Im sure there are others who feel the same way. This only fuels my anger. The sooner it fails the sooner we can try rebuilding it the way it was intended.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Yeah Thanks so much 🙏
Well I’ve managed to scale through receiving implementations displayed on instagram by my TA person
KING.AROBERTSON putting deserved benefits and maintaining resourcefulness
You're right, this is the importance of diversity with digital income, unfortunately having just a job doesn't guarantee financial freedom or security
speaking of been successful. I have also been blessed if not I wouldn't have met someone who is as spectacular as
King.arobertson
A mirage buster. Thank you for your pains to unravel & reveal.
Dear human fellows, I’m from Bulgaria and watching this video as very other people do around the world that learned the English language and I have a few things to let go… There was a time where the states seemed to be a symbol for a new peaceful future. Most of the people believed in the ideas and unities the USA has created and presented. Then, in the last decades one bad thing after the other is being unraveled or done by cruel politics, hateful decisions and dreadful provocations. I think I speak for most of Europeans when I say, we know what’s going on and who is doing what. We are not stupid. Unfortunately, it was also disappointing to find out that the elites of the state think they can play games with everybody and god knows how long this is actually going on. I pray for you people stuck there with literally the devil and I hope the truth wins one day. There are not much people stuck clear in their heads these days. For sure things that are happening since the WW‘s are real madness and one with more than enough money in they’re bank and not helping others is the craziest person ever. Millionaires, billionaires, trillionaires, who cares? Psychopathic times we live in. I wonder, how this is being studied in 100 years… well done CIA, FBI, WEF, etc
You are 💯 percent correct about the US, but Europe is in EXACTLY THE SAME SITUATION FOR EXACTLY THE SAME REASONS! God help us all . This is 9 years later , how long before it collapses ❤
Deyan, you have a very incorrect view of history.
The US ("states") has always been a state that promoted violence based on greed.
It promotes democracy while being the most anti-democratic power to have existed. Since WW2, the US has created havoc, war and destruction in the world solely to defend its hegemony.
Prior to WW2, ie from its founding, the US has been at war, it fought is a culture that promotes violence, murder and destruction for wealth. The Americans fought Britain, Canada, Mexico, they annihilated the native Americans, they invaded and took land from others including the Hawaiians.
Americans are supremacists as were the Nazis. They do not care how many people suffer as long as their wealth get wealthier.
They have never bee a symbol for a peaceful future, they have always promoted war insisting on destroying any cultures that were different by using force.
The US regime, irrespective of being identified as "Democrats" or "Republicans" are moving our world closer to extinction despite their own country approaching decay.
To add to these 2 comments; 2024 it starts. CBDC is coming to thoroughly control people but it only delays the inevitable.
A side note which may be of interest is the imagery of the book of Daniel and also Revelation is coming into view rapidly. Even proper science (not the net zero nonsense) tells us time has nearly run out. All that is needed is for Israel to make a treaty...
Excellent,my friend!
These people just complained and gave comments AFTER what HAD HAPPENED. They are good at TALKing and STAYING what most already has seen.
Watching in 2021 and I believe the curtain just went up on the final act. It will all be gone within t2 years at most if WE THE PEOPLE don't stand, fight, and save it... by force if necessary. Some won't see the new beginning, but I feel I've lived my life and I owe it to my descendants to hold on to this last place of freedom on God's green and blue planet. God show mercy on us all!
The Very Reason for the 2nd Amendment
EXCEPTIONAL!!! Thank you. Will share every opportunity I get!
The big corporations and the big capitalists hate competition and love monopolies so they can do as they please 🥺
Commenting for the algorithm.
One of the best "awakening" doco's around, one that never can be seen too many times...
I hope they will follow up this discussion with a video detailing how the transition away from fiat currency would occur and what the immediate and long-term ramifications would be on local, national, and international economies and on both macro and micro scales.
they would probo advocate a CBDC
The short answer is death possibly in the billions. If and probably so, some form of social cohesion will take place causing all out war to try to maintain.
It's not necessarily fiat currencies themselves that are bad. A really interesting example is Somali dinar(?). Since the Somali state was defunct for so long, no new somali-fiat money was created. Therefore the value of it was(still is?) really stable for a really long time.
Fiat currencies are debt based meaning you owe it back to the bank with interest. Remove that from the currency and it becomes more stable and allows us to pay down the national debt instead of the debt being impossible to repay. Imagine borrowing your annual income and having to pay it back each year with interest.,wouldn't take you long to go bankrupt
“When you read the history of the world you are reading a saga of bloodshed and greed and folly.
And yet we imagine that the future will somehow be different.”
-“Sunset Limited” (2011)
We are all asleep 😴
One of the oldest books in existence says" It does not belong to man who is walking, to direct his own steps" and "Man has dominated man to his own injury."
❤
"Trickle down economics" literally means piss all over me...and I'm not into golden showers.
😂👍🏻
Lol 😂
This should be taught in schools
Wow, that makes so much sense. A highly thought provoking documentary. Thank you.
It's definitely happening again. Get precious metals ASAP guys. Silver Eagles and gold 🥇🥈🥇🥈🥇🥈🥇🥈🥇🥇Hedge against INFLATION
One of the best documentaries.
@Todd Maiden Use your head mate, not the asshole.
Well presented. Shows how true 1John 5:19 really is. Be no part of this human system of deception and deceit.
"You never can get enough of what you don't need."
“All experience has shown that mankind is more disposed to suffer, while evils are sufferable”. I think generally this statement is true because Jerome Powell has been openly saying to the American people “the savings in Americans bank accounts should run out by September 2023”. The American people hear this statement said quite openly, yet they don’t seem to object to the fact that the person in charge of americas finances WANTS them to run out of money.
It's only gotten worst since this gem dropped. Everybody in this speaking truth, should have someone else to start their cars. 💯
excellent documentary, with commentary by economists and thinkers that we can all respect, and a clear analysis of root causes of today's problems
Well worth watching. A good intro into the plague on society and progress caused by banking.
banking is blamed for the bad things and not commented enough for the good things it brings. biased approaches
Banks are only responding to the sticks and carrots that politicians beat and tempt them with.
Commenting along as I watch this. I agree, they problem is when the non producers get the rewards, that includes the top and the bottom. The ones in the middle pay... i.e. people who work and produce. The bottom and the top suck off them.
The people are the bottom are those who were destroyed by the corruption of the system, they were overwhelmingly hard workers before tragedy struck. Demonizing them is wrong and serves the actual evil that causes poverty and suffering. Capitalism requires a desperately poor underclass to drive wages down.
Thoroughly impressed with this. There were a few examples of terribly flawed thinking, but they were greatly outnumbered by sound arguments and good ideas. Overall, an excellent film. Thank you.
Fake as hell learned idiots cave people refuse correction refuse truth refuse to question any pretend to understand even if is a God or isn't unbelievable guess know deceiving self exactly unknown to even self
Alot of bunk, slick talk against American exceptionalism and capitalism, a system that does work. Cream rises to the top, but I also believe Americans are the most generous and charitable. Between 2016 to 2020 Americans were riding high. Even low earners were moving upwardly, that is a fact!
That exactly what I've seen, especially since 911 to Covid, ppl are now more willing to help each other out than I have ever seen. I mean I'm an 80's baby, and from yhen up in till now I've seen this more n more. Of coure, just like any other country we have our bad apples & our crooks however we've been pretty good about putting them in their place. We don't let that bring us down or have never let that define us. I'm proud to be an American now more then ever, and I know we will bounce back just like we've always have. I look at these miss fortunes as an opportunity to come even closer because it only makes us stronger, and that makes us unique. So to this other country's I say, " your either with us or your against us. And if your against us, trust me there will be no where that you can hide, that we won't fined you. We don't start $h!t we finish it.
I do find it quite incredible, people out of just intuition can tell that something is wrong and are upset. Though they may not be able to point a finger or may be misinformed. They are right, but the banks and the Fed use this to their advantage and people can be misdirected.
I feel this documentary absolutely hit the nail right on the fuckin head.
Fentanyl in all street drugs. Be sure to tell people not to take any street drugs. New the fentanyl crawl which is happening on the streets of San Francisco. They are overdosing by the hundreds.
I've been saying this for many years. Greed is the problem. POWER is the issue. Inequality is the Results.
I love the the idea of Taxes based on Consumption. Love it love it love it.
Although I do believe however that their should be No tax laws.
ONE FLAT TAX ON EVERY ONE.
NO TAX DEDUCTION FOR ANYTHING!!!
Divide & conquer
I really, really wonder what might have happened if we hadn't bailed out any of the banks and financial institutions in 2009. I suspect much of what was feared would never have come to fruition. Or, if it had, it would send a message around the world: "No more bailouts!" That alone would drastically reduce the risks of deregulation of the financial industry because it would introduce tangible risks to an industry that isn't confronted with any: the Wall Street banking system. They just get more obscene bonuses. NONE of them ever go to jail.
@@RM-lk1sothat only works if you pay everyone the same salary. Good luck with that.
I don’t agree, however, with Ms. Tett, of the Financial Times, that, in America, “pain” must necessarily be inflicted upon people here just because we’ve enjoyed an expansion of resources in the past and now we’re being faced with limited resources. We can and will find a way forward!
You sound fully vaccinated?
138 bankers disliked this
z.i.o.n.i.s.t.s
7 million zionists rolled in the grave
Everyone should watch this. Five stars
Marlene from Australia
Thank you so much for this valuable documentary. I just swallowed a red pill.
good I hope you get a supernatural insight it this world,
Thank you so much-love 💓, whoever involved in this documentary, truly a masterpiece 👏 ❤️ 💖 💜 💕 💗 👏
Totally flawed data, this market is not any where near the 2008 collapse. There are NO SUBPRIME Loans. NO stated Income. No DE Loans. The fact is, sadly, the rich are getting richer and the fuel to this market was and still is controlled by cash buyers. It is hard to compare existing homes sales to new construction sprawl, not the same buyers, not the same market. You cannot compare Downtown Orlando to 30 miles outside of the core anymore than you could compare Manhatten to the Bronx. What is truly scary is the rise in rental prices and the rise in home prices at the same time. The rise in rental prices, the rise of living expenses, the burden of student loan debt has closed off home ownership to younger (first time home buyers). You will not see a major decrease in home purchase prices before the rental market has a major adjustment first. I have 20 years of experience in real estate in FL.
But getting closer by the day
You think you know, but you don't REALLY know until you watch this. Eye opening.
poverty will only be solve if we ourselves change, humans are not perfect and if we share the other will become dependent and lazy. we are NOT one, we are many, and therefor we cannot act united in one mind. with so many different cultures and belief we will never think and act as one.
Lmao these guys actually used a quote from The movie based on the book Fight club. 1:02:58
“The things you own end up owning you”
~ Tyler Durden
@@irvhh143 Kurt Vonnegut
@@irvhh143 be careful of what you wish for, you may get it.
Actually that is a quite from Henry David Thoreau, from Walden Pond. Great book if you have half a mind
@@theboyisnotright6312 I assume you mean quote and not quite. Now see a quote is a copy of a sentence spoken or written by a person word for word. Meaning you are wrong, it is not Henry’s quote. This specific quote belongs to a fictional character named Tyler Durden in the movie Fight Club. Henry Thoreau’s exact words were “We don't own things; things own us.” Now Tyler Durden’s quote and Henry’s quote may have the same idea and meaning to it. But they are not word for word the same. The words repeated in the video are Tyler’s words and not Henry’s. Hence it’s Tyler’s quote. And yes I do agree Henry Thoreau’s book Walden is a great read. I’m sure Tyler is a fan of Henry, but that is not how quotes work. So my advice to you is to know the meaning of what a quote is. Hopefully that will help the rest of that half brain. Have a great day.
@@camelnut7014 good lord! What happened to you in 3rd grade to cause you to be so pompous? That post doesn't make you look smarter, makes you look like an ass.
Great Documentary. Thank you so much
Don't like it? Don't use the banks loans, yes it can be done. Never blame others, especially entities for your mistakes and ignorance
So, more or less this is a hit-piece on my beloved consumer economy. But, it gets at least one thing right: The tax system would be better as a consumption, rather than income, tax. Absolutely true.
This is a great story for all who care about the well being of our country our people and ourselves.I for one never heard of any of these thoughts of fundamental wealth and its outcome in a society.
You so anti freedom clueless about what protects freedom and justice exactly your jobs as we the people get the hell out
The truth protects freedom and Injust protects the just how you pretending to be we the people pathetic
It doesn’t matter the pass, it’s now, what do you do to repair what’s going on now in America. The pass is dead and gone. Why do you the people let the government keep destroying. Why do we pay billions to other countries wars and get involved where don’t belong? Why are we paying taxes for what we own. Why do you continue vote for same corrupt people? Why do we let rich people keep getting richer, why do we let the Jewish Hollywood continue to influence people with movies sexual, dirty languages, violence, children expose dirty things. Big cooperations run things because people believe in evil government. Now twisting everything about Bible and God around, so, you will not say nothing. This is now not the pass, always passed, people wake up take stand for America? We are going to Nazi time, you will not be aloud to speak, have control over your property.
I watched this doc, about 5yrs ago, and its still shocking.
1:17:54 the internet can provide information but only if the Google algorithm permits it. Critical thinking derives itself from the ability to process information but if the information is misfed or misleading there's no critical thinking. That leads to the depression discussed in this video a few moments back.
The heart is deceitful above all things and desperately wicked,
Jeremiah 17:9
Yes, David this just about covers it!, Thank You!