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25,924 Views • Mar 24, 2023 • Click to toggle off description
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Views : 25,924
Genre: People & Blogs
Date of upload: Mar 24, 2023 ^^
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YouTube Comments - 106 Comments
Top Comments of this video!! :3
I thought it was illegal to shout "fire" in a theater, but if you shout "short sell" or "bank run" to investors, why, that's just sensible banking, apparently!
31 |
fun fact! the dodd-frank act was a replacement for the glass-steagall banking act, which was an act put into place during the great depression to prevent something like that from ever happening again. recessions and depressions used to be INSANELY common in the US, like, most people only know the great depression but depending on how you define it there were anywhere between seven and ten depressions in the US between 1780 and 1932. the glass deigel act worked so damn well people forgot what it was supposed to do and repealed it. several economic historians who testified during the repeal of glass deigel said that, if repealed, the US could expect another major recession within the next 15 years. guess what fucking happened.
37 |
gonna have to buy these guy a "So you built a glass-cannon economy" book
64 |
If you're too big to fail, you're too big to bail.
31 |
All of this going on while student debt forgiveness is being held to ransom in the US is wiiiiiiiiiiild.
45 |
The one chatter that commented "vibes based economy is real" is my favorite person of the day.
21 |
Personal responsibility until it's the banks
153 |
Peter Thiel and the CEO's and top shareholders, should be the person who has to pay for the insurance payouts.
34 |
I like how the markets are all bulls and bears and alpha bollocks until something unexpected happens and then it's like a herd of antelope that's just spotted a cheetah
64 |
its capitalism for all, except very rich capitalists They get their own special version of socialism That's literally what this is: socializing the losses of capital
17 |
High risk means high reward. And you can always make the risks someone else's problem after you've reaped the rewards.
23 |
"SVB"
"Sam Vankman-Bried"
8 |
Learning from failed legislation? The US could never.
6 |
If you showed this video to someone in, say, 1990 and told them "this is what top level journalism looks like in the year 2023", what do you think they would say?
8 |
~0:50 Seeing Badger walk on the soundboard without triggering it feels off somehow
3 |
Before Dodd-Frank there was Glass-Steagall. Dodd-Frank was modeled on Glass-Steagall, which came about because of the Great Depression of 1929. In the lead up to 1929 there was a very similar political philosophy or ideology as we now confront. Look out, 1929 is going to look like a public holiday compared to what’s coming. The corporate fascists of our time will do everything in their power to deflect the costs or their own hubris on the rest of us. Good luck.
4 |
When has there not been a feeling of economic anxiety?
9 |
Peter Thiel, the billionaire so weird he almost makes Musk seem normal
2 |
If you want a nice short overview of the '08 financial crash, Folding Ideas has a video about crypto 'Line Goes Up' that explains it at the start.
27 |
@sarge7047
1 year ago
Even the big short couldnt predict people blaming the teachers. That was a totally wild claim.
93 |