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We understand why it happened we don't understand why it was made worse and continues today. Bankers have ultimate power over politicians it seems.
Not enough people are voting their economic interest. Reps are able to hold down the vote, and Americans vote less than many other countries. And, in a country where California has as many senators as Montana and there's an electoral college .......
Would at Tobin tax to slow international financial transfers help?
Thank you!
I'd like to hear Bob Kutner's views if he's still living.
How would you short US Consumer Debt?
Short visa maybe or a financial company exposed to auto loans
Instead of the wealth flowing to Wall Street and Billionaires, employees should receive a much larger share of the profits.
Brands-Anything that’s overvalued and in the Mid-High teirs
Toovy suggests a stronger European Union but that would make the risks greater for the future as well as ossify the financial arteries of Europe
😭😭😭😭😭😭😭
So, just a liquidity crisis.
At about 7 minutes in he mentions fractional reserve lending - which no longer exists. There certainly are other good points here.
Fractional reserve banking most definitely still exists.
@@thejehy_ No, it doesn't
greed run amok!
I have absoluely no idea what these people are talking about.
It was just another bubble. Not a fault of the system but government policy (still current) that housing is another entitlement.
We understand why it happened we don't understand why it was made worse and continues today. Bankers have ultimate power over politicians it seems.
Not enough people are voting their economic interest. Reps are able to hold down the vote, and Americans vote less than many other countries. And, in a country where California has as many senators as Montana and there's an electoral college .......
Would at Tobin tax to slow international financial transfers help?
Thank you!
I'd like to hear Bob Kutner's views if he's still living.
How would you short US Consumer Debt?
Short visa maybe or a financial company exposed to auto loans
Instead of the wealth flowing to Wall Street and Billionaires, employees should receive a much larger share of the profits.
Brands-Anything that’s overvalued and in the Mid-High teirs
Toovy suggests a stronger European Union but that would make the risks greater for the future as well as ossify the financial arteries of Europe
😭😭😭😭😭😭😭
So, just a liquidity crisis.
At about 7 minutes in he mentions fractional reserve lending - which no longer exists.
There certainly are other good points here.
Fractional reserve banking most definitely still exists.
@@thejehy_
No, it doesn't
greed run amok!
I have absoluely no idea what these people are talking about.
It was just another bubble. Not a fault of the system but government policy (still current) that housing is another entitlement.