The Great Economic Revolution Is Approaching...The End Of Our Era
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- Опубліковано 1 жов 2024
- Last year during the economic collapse, several economic events happened. The stock market crashed, unemployment rates hit record levels, and it seemed like every business you could think of was on the brink of bankruptcy. And if these events weren’t bad enough,
...quietly, in the background...something else was happening. Something that we haven’t seen in hundreds of years...an event that could very well change the fabric of our society, culture, and global economy, like we have never seen before...
France in the early 1700’s was the most populated and richest country in europe. And over the following 7 decades, things went pretty well. Mortality rates were declining, GDP continuously increased, Education and literacy skyrocketed, Industrialization was being implemented into the country, and trade with countries like italy and spain, increased by more than 900% during that time.
On its surface, this all seemed great, but in reality, nearly one third of the population of france was living in poverty. And to make things worse, almost the entirety of the middle class was struggling by the year 1770. And those 2 issues, combined with a compilation of government debt, and some burdensome tax policies, led to a new idea.
You see, France at the time had 3 classes of people. You had the clergy, the nobles, and then...everyone else who were largely the middle class and peasants. In fact, 98% of the entire population was in this third class, yet nearly all of the benefits of the current economy went to the nobles and the clergy.
For example, the nobles and the clergy only composed 2% of the population yet had 2 thirds of the say in government. Also, the nobles and the clergy did not have to pay any taxes at all despite them being extremely wealthy.
All this meant was that even though france as a whole country experienced prosperity over the previous 7 to 8 decades, the prosperity really only went to those who were the richest and most powerful people in their society.
And this all came to a head in the late 1700’s when France experienced a big problem. Several years of poor harvests from their farmland led to many people in france going hungry. But, the nobles, the king, and the clergy all seemed to be well fed and were able to pay higher prices and outbid the peasants for food. That, along with the kings inability to collect ample amounts of taxes, and overprinting of the french currency, forced King louis the 16th to call upon all three classes of citizens to get together and figure out a solution.
The third class of citizens wanted the wealthy to pay taxes, and for the government to cut spending. The king mainly just wanted money and to maintain government spending. And the nobles and clergy wanted to not only avoid all taxes, but wanted even more economic benefits from the economic system. And so, it was after this assembly of the king and 3 classes that led to one of the most important moments in the history of the western world.
You see, after the average, hungry, and poor citizens realized that the entire downside of the taxation and economic system was on them, yet they saw little to none of the upside, they decided to revolt and create their own system from scratch, without the nobles or the clergy.
So, the citizens created a revolution, they began rebelling at sites like Bastille, and soon abolished things like feudal rights, Tithes, and unequal taxation of peasants and nobles. They eventually went on to reform their system multiple times, stating that laws and policies come from people, not kings or gods...and should apply to everyone equally.
Now, even though the french revolution may not have been as successful as some may think, some say it went too far, others say not far enough...it is important to know this.
During a crisis, average people were hit the hardest and the elite of society experienced almost no downside. The unfair taxation system where the wealthiest paid the least amount in taxes also created an unsettled middle class. The compilation of government debt, The devaluing of currency, The exclusion of the lower class from political positions of power, And the view of rampant inequality between the super rich, and the poor...all of these things led to a complete transformation of society. Does any of this sound familiar to you?
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Hey Everyone! So this is my last of the 3 part "modern economics" videos I have been putting out. My next video will be a deeper dive into economic history, and geography. It may also require some more work, so my next video may take about 10-14 days to make.
Anyways, here's a link to the 2nd channel, a new video will be up tomorrow. ua-cam.com/channels/rCZjtBkH4jsWQP7vq-7SUg.html
First, also cruise ships have been caught dumping plastic into the ocean in 2020 and how people accept this is behond me they must learn the damage this causes.
Good presentation
I will argue w. you on one point - w regards to US participation in wars.
We are actively engaged in several conflicts ( hot & cold ) since the early 1900’s. Do the history research of military engagement.. Ps While US liberated many concentration camps in Europe - at the end stage of WW2: I can’t honestly name any war that we “won”.
What we had was military engagement, occupation, participation & pull out. - Sort of like a giant dead beat dad.
We never resolved any conflict.
We participated in conflicts - & added to the troubles of the people.
Meanwhile, the cost of war continues to rise & rise & rise.
And governments around the world - are printing new money. The only people who use legit money - are the people at the bottom who work for hourly wages.
> The industry has been replacing people w. machines since the 1950’s. This is to help big business make more money, faster. • At some point, the workers will all be replaced by machines.
Then what about us ?
It’s already happening. .
People need to wake up & see what’s happening right in front of us ..
I’d say the system will collapse in on itself when governments can no longer service their debts. Basically something similar to the Great Depression or worse. But most likely there will be a war before that happens
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门 动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门 动态网自由门
The CCP tortures Uyghurs, Kazakhs, Uzbeks, political prisoners and peaceful protesters, Taiwanese, Tibetans, Mongolians, practitioners of the Falun Gong meditation technique, house christians and removes their organs while they are still conscious. In addition, the CCP has extermination camps in Xinjiang, where the PLA engages in systematic rapes, forced sterilizations and the killing of the unwanted Uyghurs, Kazakhs and Uzbeks who do not want to assimilate into the Han Chinese culture or atleast into the fucked up view that the CCP has of Han-Chinese culture.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
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How can I reach this person?
‘’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.
I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
People don't care about anything until it happens to them 💯
Sadly
That's a side effect of a high pace society and a multicultural society put together.
Amen to that.
true, sadly.... humans have turned very selfish
@@2070paradigmshift no it's not. It a product of ignorant men in positions that they aren't qualified to be in them in charge of a group of citizens composed mostly of easily misguided cowards.
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"If you don't take care of the people, the people will take care of you"
Why do you think Biden is taking gun rights away from Americans? He is trying to ensure the American People won't take care of him.
lolll
@@JayZx777 Oh he forgets why...
You wish!
@@terentebista122 huh? Wish? What's that?
10:34 Revolutions are never started by the starved, they are started by people who used to possess, and now possess less. Check Eric Hoffer's book: "The True Believer" a great read. And cheers from France ;-)
Yep! His analysis of the French revolution is ridiculous. The reason for the French revolution are 1- the rise of the bourgeoisie who wanted to participate at the level of power and 2- the fact that many noblemen had more power before the centralisation of the French monarchy (under Louis XIII and Louis XIV) and they hoped to regain some of that power by overthrowing the nobility of the robe.
I have that book!!!
Correct. If there is a radicalization of American politics it will come from the formerly prosperous middle and upper middle classes because they feel like they are getting poorer and losing social/politcal prestige. Nothing is more dangerous for the politcal elite than a bunch of angry people with college educations and struggling business owners. Who do you think led the American war for independence? It wasn't noblemen or poor people. It was a combination of well educated commoners from the middle and upper classes of American society who felt like they being treated as inferiors by the British noble ruling classes.
@@randyjones3050 ummm the founding fathers were all pretty wealthy. No poor people means no armies and it collapses fast.
I think in some extent that’s true. But far as I know, the middle class is the one that have created the most important revolts. It also depends on the country. If I am not mistaken, peasants were the center of the English revolution on XVI century. I highly recommend you Eric Hobsawn’s “The Age of Revolution”.
"The rich often forget that the only thing standing between us and them are the aesthetically pleasing thin walls they put up around their estates. Know this... that when the reckoning comes, and their avarice becomes too much to bear, that we, the people, will flood into their businesses, into their homes, and their places of worship; gold shrines and temples to their chosen God: greed itself; ivory trophies to their own cupidity; marble halls, lined with the tapestry of their materialism. We will reclaim what once belonged to us, and no one will stop us. The only thing that saved them before was their faith that we still believed in their system, that once we saw through the posture of their own rapacious dialogue, we would realize that it was in fact us that held the power, not them. This will be their hubris. Balance will be restored whether they are prepared for it or not."
And don't forget the only thing standing between you and being wealthy is a thin wall of self-doubt and not believing you can ever be.All it takes is a flip of perspective and as much effort as you put into the way you are thinking now.
This story sound like george orwell animal farm
Whereby:
"Some animals are more equal then others"
Study India..
I also like the two lines from Boxer the horse.
"I must work harder."
"Napoleon is always right."
We know what happens to Boxer...
@@finddeniro why so ?
@@chadester001 because they have a caste system that stratifies the population by birth right.
There is very limited upward mobility for some, and almost no upward mobility for most. Everything the current administration (right and left) is pushing for drives us closer to a totalitarian regime (present day China) that will ultimately end in a castle system (China within 30 years).
IMHO
Absolutely, and we were told it was about communism. 😆 🤣 😂
I came to the US at a young age. My parents talked about starving while growing up. My grandparents talked about watching their siblings die of famine. Nothing is bad as not being able to find food, the food security we experience in the western world is so overlooked.
And yet the mass of food being thrown away is awfully high. You are right, food sec but also the efficiency and morality in the food industry needs to improve.
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@@flowgangsemaudamartoz7062 how so? have you found a way to transport food over large distances and distribute it for free? the only food being thrownout is the food that cannot be given away for free. If you drive up to a farm around here about a year ago you could fill up your truck with potatoes as the farmers wanted them gone, what farmers can't afford to do is pay to ship them to you on top of giving them away for free. Areas experienciing famine are in that position due to war and political instability, disrupting their ability to produce food, so not picking fights with Russia and starting regime change wars is another good way to prevent famines
@@Kealen69 They can give it away for free but they instead refuse to feed the homeless and even stop them from getting into the bins if they do manage to eat from the bins they might be surprised by the bleech that was poured in to stop people getting free food.
@@flowgangsemaudamartoz7062 it’s not the food industry’s fault that food is thrown away. I’m a truck driver and I know when food is thrown away. We live in a litigious society and companies don’t want to be liable for getting someone sick. If you want someone to blame, blame government regulations that force companies to throw away food
The pandemic has inspired me to be a minimalist even more now than ever and acquire assets. I hope everyone lives a good life
Same!
Isn't the point of minimalism to get rid of assets? 😁😁 (I'm messing around)
World govts are colluding together at the expense of their own citizens to usher in new world order aka antichrist beast system. Global economy will collapse cash will become obsolete we will transition to a cashless society using digital currency via rfid chip implants on hand or forehead aka mark of beast. Without this no man can buy or sell. Revelations 13. Global holocaust and mass American genocide is coming via fema concentration camps. Jesus christ is coming back for the rapture(this decade) get ready
What pandemic?🐑🙄😷
You mean the tyranny... Not pandemic
I feel the revolution in my spirit and my bones!
This will keep going as long as the people are content with the status quo. We can't keep going down this path forever, but who knows when we will collectively be pushed over the edge.
Comment reported for innapropriate profile picture
@@insectbite1714 🤣
We have had enough by now
I also think very little will change in the next 5 years. The bottom 50% are usually too politically and financially illiterate to muster the capacity to implement change. Remember it wasn’t the starving peasants who overthrow the French monarchy, but the merchant and middle class, who today have rocking 401ks and sky high property values. The bottom 50 are powerless without the solidarity of the middle 40 and even the top 10
We've never been more screwed! So many distractions and media.
I don't mean to talk out of context but I am a krypto hodler and so far it has not been prof!table, I do see a lot of trqders out there making it big time and I often wonder how I can start trqding without losing more than I already have. smh
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That's alot of cash, please can you explain how you make so much cash in 11 days ?
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Great context. Everyone needs more than there salary to be financially stable. The best thing to do with your money is to invest it rightly, Because money left for savings always end up used with no returns.
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So in other words; we are seeing the greatest transfer of wealth right now
yea greatest transfer from the rich to the richer :))
you're seeing a continual transfer to the wealthiest people, which is a core part of Capitalism. It'll keep happening until we figure out a better system then this trash
No, all you are seeing is the result of what happens when government print money to buy the people’s vote.
@@CT-gm7mm finally someone who knows the truth!!
@@CT-gm7mm we need to come back to the base of capitalism NOTHING COMES FROM NO WHERE, everything have a price so you cannot create free school or give free food without cost...
The title - The Great Economic Revolution is Approaching ... The end of our era - turned out to be clickbait, as nothing insightful has been offered, merely same old anodyne cliches. Good images though.
i also clicked on a video on how to become a millionaire fast but i did not, youtube is useless
"Does any of this sound familiar" - looking over at Bill Gates, Warren Buffett, and Jeff Bezos- Yes it does.
Rex sedet in vertice, caveat runinam.
@@ananda_miaoyin What does that mean?
@@btetschner It is Latin. Uneasy sits the King, let him beware his ruin.
@@ananda_miaoyin Beautiful. I need to study Latin sometime, I heard it is very helpful.
@@btetschner Yes it is! Latin gives wonderful insight in to the English language.
We should be careful on money disposal , if you're not spending to earn or get back money, then stop spending
Apparently my view on the solution is to venture into trading cryptocurrency.
@@avarobert1075 True! Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I wanted to trade crypto but got discouraged by the fluctuations in price
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Your leap in logic that "too much equality" also leads to revolution, and showing Gorbachev's photo, is not substantiated by the facts. The Soviet Union did not fall because of "too much equality". The reasons are much more complex than that.
Inequality in itself isn't an issue, decreasing standards of living are.
In fact decreasing standards of living are often a result of too much equality.
@@BlunderCity yh
Your videos are very interesting BUT in this one, you're making a big mistake in saying that it is the citizen (the average poor and hungry) that did the French Revolution. It is not the case at all even though a lot of people thinks that. It is the "Bourgeoisie", the rich people that had a lot of money but no power that did the French Revolution (the RICH people did that to get the Power. And if you think about it, the society we live in today (in 2021) is exactly that : a society where the RICH has all the power. This kind of society comes from the French Revolution). This fact is very important to understand because it is the rich people that built the new system from scratch NOT the average poor and hungry. For example, during the Revolution, the RICH people stated that (Article 1): "Human Beings are born and remain free and equal in rights" which gives rich people a HUGE advantage in front of the tribunals because they could use their wealth to get an advantage in front of a judge. A better version of that "Article 1" would add that all human beings are equal in rights AND EQUAL IN FRONT OF THE JUSTICE SYSTEM !!! But, of course, none of the bourgeoisie people would wanted that added in Article 1. The next Revolution will make sure that all humans are equal IN FRONT OF THE JUSTICE SYSTEM which means that your wealth won't ever give you any chance of getting an advantage in front of a judge !!! regards, fractalrocks from Montreal, Quebec.
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To the moon. 5 year global shortage of silver, PLUS going into a financial collapse. The buying opportunity of a lifetime!
Yep. The BEST hedge against a crash.
Stack that physical!
@@chadnedohin If there is a crash, or even a small recession gold and silver should do well. 1980 and 2011 being the best examples. +500% - as opposed to LOSING 50% due to inflation.
Yes Silver is the ultimate hedge against inflation, plus it has many industrial uses.
We should be careful on money useage,if you are not spending to earn back,then stop spending.
True ! Even some rich men made it through investing there money in something doing and they made it.
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If success is cheap, everyone would have been successful, if the road to success was straight many would have been enjoying success long ago. But am sorry, its not! If you are expecting your dreams to come through cheaply, then you need a change of mind. Success is not for people who give up easily, its not for lazy people, its not for people who give excuses. Success comes to men who are dedicated, committed and ready to give their dreams all it takes to be fulfilled. So I ask again, what manner of person are you? Someone who gives up easily? Or someone ready to fight through the bad day to earn the days? Think about it!,
Great content.everyone needs more than there salary to be financially stable.the best thing to do with your money is to invest it rightly.because money left for saving always end up used with no returns. I started Investing in bitcoin mid November 2020 with the help of a well-known-proffessional Mr Clinton Jones and the profit entirely funded my recent duplex.
@@maureenland6971
True thought unfortunately,mine always ends up with losses😭
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We better fix our political and economic problems now, because automation and ai is just going to make the rich richer and eventually they will just build their own robot army to keep the rest of us in our place. I am not joking.
"Elysium" is the movie you are looking for.
Fuk the poor 99,9% we build our own eden.
Sooo true
Don't worry, that robot army will be made in Ch-ch-ch-Chyyyynah and will fall apart as soon as they hit the ground. Call it ChyNet. ;)
Fine I’ll subscribe you got me hooked.
I enjoyed your video, i am actually tired of worrying about stock and stuff.... It's driving me nuts these days I think crypto investment is far better than stocks
I'm so tired of the stock market manipulated by the FED, that's why I've decided to try another investment
They are making the lives of the masses suffer
Market crash is inevitable, invest in crypto and gold, they are really profitable right now
@@sarajoana895 For real crypto is profitable
Trading crypto with Expert Blain Reinkensmeyer has being a game changer for me
I think this pandemic has taught a lot of people the importance of multiple streams of income. I'm just glad I've made some reasonable Investments in bitcoins, in a few weeks or so I'd be really ecstatic about the decision I made.
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It’s not about watching videos and wasting your time strategies, I was ignorance doing so...I decided to try Mr Roland Ross and ever since then he has made about $140,000 for every $35,000 I invested just in 2 weeks
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4th Turning by Neil Howe is a deep dive into this cycle concept that's definitely worth a read
Just finished reading it myself and yeah, the parallels are eye opening.
How does too much equality lead to revolution? I missed that part.
It doesn’t he was bullshitting that part. This channel makes great content about current economic predictions like market bubble trends. But no, too much equality does not lead to revolution. That’s not why the Soviet Union fell, the collapse of the Soviets is so inherently complicated I can’t even find the time to type it. But no there was no revolt when it fell. Infact there was a referendum which almost 80% of the people voted to maintain the Soviet Union. The western powers which infiltrated the now weak governments ignored them. Then it collapsed and in 1992 revolutionary tension actually started up again to violently bring back the Soviet Union. But then the west steadily provided empty promises as the East fell more into poverty and had less time to organize revolts and spent more time working to make ends meet.
People in the US are too busy looking at television to rebel!
The poor make almost nothing here and consume nearly 70k in government funds a year. The middle averages 46k to 75k in income and get left to fight for their own. If our poor were left to struggle there would have been a revolution 35 years ago. We have huge populations of people who are generations into government dependence never had or never tried working due to fear of loss of government funds. Lots of votes have been bought with government programs to make a single party the dominant force in politics here.
@@kylecasetta4091 Bread and circuses.
Well, the circuses have been shutdown for a year. Let's see how long the bread lasts...
Most of the people are sleep don't know what is going on
The comparison to France before the Great French Revolution makes sense unlike commentators often comparing situation to Germany in 1930s. To me current situation in US and indeed the West looks a lot more like Russian Empire before the revolution. Not only the conditions but the oodles of instigators and activists igniting the fires that I don’t believe can be quenched.
Life really does seem to run in cycles doesn’t it.
“ What has been will be again, and what has
been done will be done again; there is
nothing new under the sun.” - Ecclesiastes 1:9
this has probably also happened in your own life, in your own lifetime: you've been where you were before. if you're not happy with that cycle, you do something different and ascend from it. perhaps as a society, we haven't figured out how to ascend from our own societal cycle.
Video : "Don't let Inequality get out of control."
Me : OK I got it.
Video : "Also don't let society become too equal."
Me : **Visible confusion**
I was also taken aback by this, and the strange "poor people being just barely not too poor to starve anymore, while the rich eat gold is actually a good thing" argument later.
Basically, this video gave us a very good insight into the Jack's own political view - and it seems to be "Capitalism good, at all costs"
Think about it. We always want to be better than someone else. For the most part atleast.
Communism stifles innovation, encourages lackluster productivity, and generally requires dictatorship to even be possible. You could always move to China and see how that works out for you
China isn't fully communist and it has a capitalist-like economy however the government has more power over the people compared to the other countries.
@@tolduer9331 I think he's referring to Red China during Mao's era, before Dengist capitalist reform that saved China from continuing being a backwater like North Korea
Excellent video, thank you! I would like to mention one big difference, if I may; the means of pacification today is far more developed and effective, so much so that most people are not aware of how they are being pacified. The multitude of the various enslaving factors today is far greater than during the French Revolution; however, our contemporary world's conditioning and abusive nature normalize and value inequality, as it rationalizes the insanity of a species competing with its self!
Dang nobles..off with their heads!😆
Wish we could do the same with our shit politicians LOL
@@xiampiii or just all in general.
@@xiampiii Winners have financial backing. No matter who you are you're going to play the game of power rather you like it or not.
The system in France was a bit more complicated than that. Prior to Louis XIV the nobility would invest in their lands and the people they ruled over. After Louis XIV used extravagance to pacify them (Versailles) they did not. All was well and good up until kings started indulging in the trap that Louis XIV had set for the nobility. As such leading to a lack of a strong king by the time of Louis XVI and also lacking a nobility that would skillfully govern their own lands led to the whole system being ineffective. So it wasn't really the fault of the nobility, they were made soft and weak intentionally for the good of the State. The fault was with whoever raised the successors to Louis XIV or whoever was governing for them. Or perhaps it was his fault for dismantling the old system without making sure his successors would be as motivated to govern as he was.
lol
That’s why many people are stacking silver in either physical form or PSLV. That crash, silver did a moon shoot.
Amazing how many people are looking into and stacking!
@@davewbaldwin3369 Even more amazing how many people don't know about gold and silver though! Wall Street Silver FOR THE WIN!
Stack Silver, end the Fed
You will not eat, drink or wipe your butt with silver
@Clec Torres LMFAO 😂 😂 😂. Who left the bag of idiots open
10:56 You know, the U.S. has been engaged in the War of Afghanistan for 20 years...
Lol.. yup. Perma war nation
Yes but it’s to a different scale then during the French Revolution
That's nothing. The US has been at war during 226 out of 244 years, since 1776.
Wash, rinse, repeat. This is an ongoing problem even today in this country.
Thanks allot Allen Smith for putting smile to my face I receive my bitcoin trading profits today continue your good works thanks sir
The phrase comes from Rousseau and indeed from the French Revolution times. The original was descriptive, not prescriptive: "When the people shall have nothing more to eat, they will eat the rich."
and while everyone will have to be happy with just little scraps, cause there are not many rich people to eat, at least each scrap will be *very* nourishing.
@@sertaki the rich may not have much flesh to consume, but damn do they have the money that people will need to buy food
@@dvf1736 you mean the food the wealthy grow and cultivate? History is subjective somewhat, it's not a universal truth that the commoners we're in the right. They just did what they had to. This time far more people will starve. We'll become cannibals.
@Magnus Aurelian Nah bro don't you know your Marxism?! It's that low-skilled and uneducated factor line working that owns the product! lol
He never lived long enough to see the whole effect " When the people have eaten the rich, and still have nothing left to eat...they will eat themselves " And that's what always happens . I liken it to a farm dog that gets a taste of chicken blood...from then on it's no good to leave him alive , so you go out behind the barn with your rifle. When you revolt...it's a rush of power and adrenalin...and you become addicted to it ...there are no exceptions .
I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment. Can someone recommend a good expert that trade on my behalf and generate profit for me.
I have been seeing so many recommendations about Letton Deb on top comment on every UA-cam video i watched trending, her strategy must be good for people to talk about her.
Of course i withdraw my profit last two days before now. I'm glad i did invest with her still reinvested and the trade is ongoing
Trading with her is awesome she as managed my investment so well and my weekly return is mind blowing
I've completely stopped working
Who is this Mrs Letton Deb everyone is talking about and how do i contact her directly.?
Japanification coming to the world~~~
Bring it on, Amerifacation sucks.
No one will bother..as long as they have Netflix, McDonald's and the knowledge that he state will look after them...
That control will be their undoing unfortunately.
MCDONALDS?! Ya I'm not gunna do anything im happy with my mcdouble. When I'm incapacitated I'll use my STIMULUS check to revive me.
One of my favorite youtubers!! You can tell his opinions and knowledge travels to other channels. You heard it here first!!! Am so happy with the way BTC is going. My Investment is going well fully diversified for any economic or market collapse
Every time I want to spend money or buy something online or check economy update I watch Jack Chapple UA-cam video instead
Bitcoin is growing larger with time, and now it has toppled the Australian and Canadian Dollar. With $64k mark those who held $1000 made $1.2B..
I still regret adhering to the Advise from Kevin, Andri and Jimmy. their market, economic and crypto crash vids made me panic and sold my coins an tesla shares late last year. I realized it the hard way that for you to be successful in the market you need to have the stomach to go through it and don't rely on youtube vids. most youtubers don't care abt their subscribers just after views and getting more subscribers and waiting to get paid by youtube. so pathetic
@@biyuwang9952 I always advise to employ the knowledge of a professional market Baron unlike kelvin and jimmy they give advise and they do the opposite i was once a victim of their wrong mrkt/crypto, economic advise which made me loss profit, sold my shares and coins. Not regretting i was able to kick back using professional advise from Kathleen Diane Hayden. with her I’ve seen a lot of bulks been made from trading within relatively short intervals with her whether or not the market is on a bull or bears. I'm on stable weekly returns of $200k.
@@amymansfield8184 Kevin looks like may be moving to the desert soon and becoming a man of God & Jimmy like a bartender🤣🤣. $200k weekly is a dream come true. How do i reckon with Kathleen? Do i need any qualification?
9:16 Not 32%. I wonder why all numbers in the videos are twisted. "A September 2017 study by the Federal Reserve reported that the top 1% owned 38.5% of the country's wealth in 2016. According to a June 2017 report by the Boston Consulting Group, around 70% of the nation's wealth will be in the hands of millionaires and billionaires by 2021." This was the last published number that is fixed. Since that its got even more concentrated but they refer to it only as "above 30%" but no more concrete numbers...so they do not lie since 40% or 50% are all above 30%. -- More numbers OFF "IRS data allows us to measure. The top 0.1 percent of taxpayers in 2018 paid a greater share of the income tax burden than the bottom 75 percent of taxpayers combined." or "In 2017, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined" STOP MAKING UP DATA !
To me this video seems like a propaganda piece in disguise.
Notification squad!
Dab me up!
@@bigspacedude ?
I'm not entirely sure how I even got here.
Too little inequality never causes revolutions. I don't see any revolutions in Scnadinavia for example. What about USSR, inequality there actually started to rise before the dessolution.
That was an extremely uneducated pro- capitalistic take, lol :D
@@AG-oi6xt Exactly the opposite.
exactly their inequality began because of Gorbachev's capitalist reforms in the late 80s. It is capitalism that causes inequality, and brainless jack must admit that
There are most certainly parallels, I guess I might be eating cake...
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Contact.
Thanks allot Allen Smith for putting smile to my face I receive my bitcoin trading profits today continue your good works thanks sir
Read your breads ingredients label. Chances are there is enough sugar in it that it counts as cake.
@Jack Chapple Scam/spam alert for anyone who doesn't realize this isn't actually Jack Chapple.
Also, reported it, so if you don't see it, good.
And this created the Wall street Silver movement, quest for true and free markets.
Silverbacks unite!
We all used to get a fair piece of the pie, but it's all been downhill since 1973. I'm ready for ACTUAL change; not just an empty, meaningless campaign slogan. If the government fails to level the playing field, then we're just going to have to remind them of our presence.
These billionaire Have sold their souls to Lucifer,
And they know it,,, What does a man gain ,if he gains a whole world, and loses own soul, Eternity in a lake of fire brimstone with Lucifer, Forever And ever,,,
I would rather know Jesus Christ, And repeat, And have eternity in heaven,,
It's your choice everyone has a choice, Good or evil,
Choose wisely your time is running out,!!!!!
The US had been pursuing the fall of rome, then changed it's mind for the french option.
I’d still argue that we’re on the Rome path. We’re just at the end of the republic era and pretty soon we will be in the imperial era. Imagine if we had a leader with the tongue of Obama and the backbone of Trump and you’d likely have a Julius Caesar type affect in the USA.
Bitcoin is The future, lnvesting in it now will be the wisest thing to do especially with the current rise
People are ignorant of profitability in bitcoin investment and that has been the major issues limiting their investment
2020 online stock market is just difficult and unbelievable, l rather invest my money on crypto
I think investing crypto under forex will be the wisest thing doing now
Nice words, Yes especially with the current Rise 😉
Yes exactly crypto trading is the world trending online investment now.
Hey the Reddit link is broken, it leads to a page that reads "page not found
the page you requested does not exist". (We all know you can look him up but there are some that count on links.)
The generation that remembers what socialist did to Europe have almost entirely died off, so the current generation is about to make the same mistakes in the US.
"I'm not saying we are at the brink of a revolution." We are at the brink of a revolution.
If the vaccines do not eliminate the coronavirus, then there will at least be mass chaos.
2029!
@@Contanpe That is eight years from now. That sounds more like you are planning your retirement.
@@btetschner Nah. You could get vaccinated three times, those brain-dead liberals will still make you mask up. It's all about control...
@@henryjohnson-ville3834 There is no end to the conflict with the coronavirus other than just living through it.
8:51 "Thinking back to the French revolution, the reason why the revolution occurred was not because of some great Enlightenment thinking, it was because of wealth inequality"
This is a very ignorant view of the French revolution. Your account of it hits on all the cliches, most prominently that the revolution was an uprising of the poor destined to topple an out of touch elite in the Clergy and Nobility.
The reality is very different. The engineers of the French revolution were NOT starving peasants, on the contrary, they were some of the most privileged members of society. Peasant revolts were common in medieval France, they were called "jacqueries" and they never led to any revolution. Contrary to what people think, a revolution is nearly always the work of a dissident section of the elite, what the Soviet called "the intelligentsia". The English civil war and the glorious revolution, the French revolution, the American revolution, the Russian revolution, the November revolutions in Germany, the Iranian revolution, the velvet revolutions etc... all had wealthy elite members as their leaders.
The truth is that the French revolution occurred because a new class of subjects emerged: the bourgeoisie. These were basically rich or comfortable members of the Third Estate who lived in cities (bourgeois originally meant those who live in the "bourg" of the town) and who prospered in trade, commerce, the law and finance. Many of them, a good 5% of the Third Estate, had standards of living that were higher or similar to most members of the clergy or the nobility. This is another myth, that the nobility and the Clergy were all stinking rich living a life of opulence while everyone else starved. That's false. Most clergy members were poor countryside priests who deliberately chose to live a life of destitution. The peasants respected them greatly and they were also often teachers in small villages. To a lesser extent, most members of the nobility were modest land owners whose main privileges were not economic but institutional. They were in charge of running things as a mayor would.
Many of the bourgeois however, were living very respectably but as members of the Third estate, had no constitutional privileges and demanded to be able to participate at the level of power. All the famous revolutionaries, Danton, Robespierre and most of the leaders came from that class and were mainly lawyers, writers or scientists.
At the 1789 Estates General, the picture at 3:08, the representatives of the Third estate were not starving peasants, they were mostly "notables" or locally important members of the Third estate. In fact, some of them were members of the Clergy, like Sieyes, who elected to represent the Third Estate. About a third of the delegation from the nobility and the clergy joined the Third estate at the tennis court oath (pictured at 3:36) to create the first incarnation of the National Assembly. Support for the revolution was widespread among clergy members and the nobility, right up to the very top. The Duke of Orleans, the king's cousin and second richest man in France, was a key member of the revolution and was elected deputy under the name Philippe Egalite (Philippe Equality since he only had a royal name). The architect of the nationalisation of the assets of the Church, Talleyrand, was a bishop.
So the reality is that the French revolution was not a revolution of the "people", it was a re-organisation of power among the elites. The two key social dynamics were 1- the bourgeoisie's rise to power and 2- the power struggle between the nobility of the robe and the nobility of the sword while the more distant cause was the financial problems of the state due to bad harvests and debts incurred during the American war of independence.
So I'm afraid the idea that the French revolution was the people overthrowing the elite is simply not supported by the facts. The link between wealth inequality and revolution is also very dubious because it ignores the main driver of material well-being which is income. Most people don't care if they're rich but nearly everyone wants to have a higher income. Wealth and income are only loosely related and only in the long run.
People don't want facts. If they did this world would be a better place. They want flashing lights and loud noises. Do not waste your intellect with the cavemen. Let them swing their clubs in joy while we continue to make the world and society function.
If we don't learn anything from our history we are doomed to repeat it... This is one of those moments.
*Thanks for the feedback~~~I have Something big I'd love to introduce you to feel free to chat me immediately for more enlightenment
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The wealth of the super rich is on paper. A market correction could correct much of the "inequality" in the blink of an eye. No need to behead a soul.
Thing is, if their companies go bust, it's bad for workers and consumers. And in reality, they aren't all that much better off. A car is a car, a house a house. And one can only eat so many steaks a day. So what if they have a fancier car? I don't have to spend 24 hrs a day worrying about how to grow and protect an empire.
10:40
I spoke with a homeless man in Toronto, and he told me getting food isn't hard. In fact people in Toronto would give him soo much food that sometimes he had to turn it away.
I think Chyyynah is going to take over, politicians sold us out to them decades ago.
This whole scenario is awfully reminiscent of the plot from "V For Vendetta".
Wow the music.....thought I was at the doctors office there for a minute
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Make sure you pay your copay before you leave the video
@@bitboycrypto7101 Sorry but I find the music very distracting.
I like the music 🎶
@@lindadadey7227 That's a scammer
Yeahhhhh...............this is just depresssing 😂
Thanks for watching......
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Thanks allot Allen Smith for putting smile to my face I receive my bitcoin trading profits today continue your good works thanks sir
Too much equality? Looking at communist states, they all transformed into the same feudalist/technocratic systems, with a ruling few, a managing class and a poor majority. So feudalist France was not so different from the UDSSR.
You are right. There is so much wrong with this video it's astounding.
Great video . yep , sure the end is niegh for the rich. 1929 all over again ,2022 THE GREAT GREAT GREAT DEPRESSION cometh
I thought I was subscribed. This video was the very 1st one on my feed. In any event , thanks for the reminder. I am subscribed.
Youtbe: "This video has been demonotized for exposing the truth and being histroically accurate. Dont make the same mistake again peasant!"
Great video Jack ,))
Damn i remember watching your vids i remember unsubscribing a while back
History - Don't learn from it, bound to repeat it sooner rather than later.
A quote from the Book - This Time it's Different : "Perhaps more than anything else, failure to recognize that precariousness and fickleness of confidence - especially in the cases in which LARGE short term debts need to be rolled over continuously - is the KEY FACTOR that gives rise to the This-Time-it's-Different syndrome. Highly indebted governments, banks and corporations can seem to be merrily rolling along for an extended period of time when BANG! - confidence collapses, Lenders Disappear, and a CRISIS HITS."
I did not fact check 100% of your assertions but my own recollection of history is in general agreement. In the US, tax rates for the wealthy were much higher 50+ years ago. Unless monetary policy has fundamentally changed in the current world economy, the US needs to tax the highest net worth individuals more and REDUCE spending outlays, or risk the US dollar no longer being the Reserve Currency of the world.
I love your videos brother they are so interesting and informative. Thank you for everything you do for us!
"Too much inequality is an issue that tends to lead to revolutions, but the same goes for too little inequality." incredible take. 😐
facts. He just supports capitalism and doesn't want to admit that the revolution will be socialist. He's so brainless 😂
Except in real life this experiment doesn't work: 8:27 Nobody will give you money, you can only earn it, and how much depends on your abilities.
Stimulus...
Yeah right!
The stated goal of the Soviet Union may have been equality, and there may have been individuals who actually believed in the idea. However, there was always an elite class in the USSR, and nothing close to equality was reached. After recovering from WWII, the Scandinavian countries reached much higher levels of equality, and except for minorities and civil rights issues, the vast majority of white Americans were close to equality after WWII due to the primacy of the economic power and the long-term economic bubble or cycle. I find it interesting that Kennedy chose to cut income tax rates, when the USA could easily have taken the path of European countries instead, along with other societal improvements including civil rights.
By the way, the USA has been in a perpetual state of war. Clearly, war is not experienced the same way because it's not on American soil or on a nearby battlefield, and war is different today. Also, many Americans aren't directly effected because we have volunteer service, and service is seen as patriotic or sometimes an economic choice, and certain military actions or even participating is seen as ideological or political.
I believe you cannot discuss economics without talking about social and political ramifications. I think it would help if you were to do more research and do videos that present both sides. It's like the joke about the economist; on the one hand and the other. For every economist you have in a room you will have at least two opinions.
Its simple, no one in the modern world with all its wealth and technology, should be without sustenance food, basic education, basic medicine, clean air/water/skies/earth, access to fair pay work, and individual liberty. Those (ideally) should be where we draw the line as an "evolved" species. However, power centers thrive on not just inequality but the chaos that arises from it.
Everyone needs to look up “Civil War 2”
Electric Boogaloo
They needed an experiment to prove that reaction? Wow...
They already have and they used monkeys
Science works differently. It needs the most verifiable ways possible to establish a truth of something. Its why Science is the ultimate authority. You can’t just say anything no matter how common sensical it is just because.
As always great work 👍👍
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Thanks allot Allen Smith for putting smile to my face I receive my bitcoin trading profits today continue your good works thanks sir
Starvation will be an issue. Rockefeller document talks about famine in 2022. And speaking of wars, US troops are thinned out all over the globe. MIC has an unlimited budget
Fantastic video commentary amazing 👍
@@carwow.1857 Thank you so much I love your videos thank you again you’re a gentleman and a scholar and a man of great integrity
Great thorough video! I would say though at @5:35 in regards to USSR it was actually illegally dissolved under Gorbachev rather than a “collapse” under its own circumstances. I get what you meant though!
he didn't mean anything. he's a brainless supporter of capitalism who will do anything but admit that the revolution will be socialist
As informative as any, and moreso than most.
People here are wondering when the revolution is going to begin given our track record for complacency. Considering that we've started to mass print money last year and never stopped, it will probably be in 2-3 years when the value of the USD hits rock bottom from over-inflation. Just like what happened in 1920's Germany.
Soviet Union collapsed not because of ‘too little inequality’! In fact it was one of the World most unequal societies ever - with few party members owning everything and the rest living and working in oppressive system where death sentence/ labour camp was a way to control…
We are quite literally hurtling towards a species-wide extinction event and one side seems to believe if they act like it’s not happening it won’t happen and the other side will only take enough action to where it doesn’t upset their life too much (so basically nothing at all)
You literally don't have to say "literally". Its just a filler word.
Would appreciate subtitles, not that its any hard to hear what you're saying but im eating chips and the crunch makes ur voice drown from time to time.
LOL😆
How timely. I wonder if it will enlighten anyone🧐
There is a chance of a "mmm interesting" and the 1% gets to work solving the world.
I dislike the fact that the video failed to differentiate between income-inequality and wealth-inequality. Wealth is not a cause for concern but income or opportunity is the real cause for problems that lead to revolution. The Netherlands is among the top for wealth inequality, yet it is among the best social conditions. Concentrating on wealth is a wrong approach. The solutions should concentrate more on income and opportunities.
sorry, i had to downvote this one. It's still perpetuating the myth that if the wealth of the top 1% were more equally divided it would positively affect society. this often quoted wealth fact of the top 25 equalling the bottom 160 million, while true, is highly misleading. the problem isn't that the top has soo much. the problem is that the bottom has so little. you could take all the wealth in the top 1% and divide it equally amongst everyone and no one would be much better off. there simply isn't enough wealth. the question is why? that's what you should be asking.
Thx for the French Revolution lesson
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Great 💪work
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Thanks allot Allen Smith for putting smile to my face I receive my bitcoin trading profits today continue your good works thanks sir
Your description of the French Revolution is inaccurate. It’s not the peasant who started the revolution, but rather the bourgeoisie which was well educated and wealthy sparked it. Inequality is not the only thing that spark a spark revolution, it’s mainly due to education
My god these videos are so superficial and bait...
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Agreed :)
Im not 100% shure but i think that by the time of the french rev there was no paper money in france making it impossible to print more
Ok i was curious and googled, no infact no, loui did not print any money because there was no paper money and everyone used gold silver copper and tin, then during the revolution the provisional governement expropriated all the churches properties and made paper money backed by said properties and then over printed that money and became usless quick, small details are important.
They ~probably~ just minted more coins / coins with a lower and lower % of precious metals, but I'm not a historian.
Edit: Just looked it up on the internet, they already had paper money back then.
No central banks, no financial markets, virtually no similarities to the 21st century system in many ways. A revolution today would not play out like France in 1789.
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@@adamtozser4956 Yep Loui made the french pound have less silver, but the gold coin mantained its value because if not it wouldt be accepted by merchants and foreigners, aswell there where other coins from england, italy , spain and the german states circulating through france widely, plus, few people had savings back then, and the rich did have savings but in secure banks in gold, so the devaluing affected those who bought silver coins in the years that they where minted with less silver and couldnt pass them on on time which still is a few people but much less than what a wide spread devaluation would affect people now a days
Revolution now ✊✊✊