@@therighteous802 Dave McCormick, one of the guys who blatantly lies and makes false claims about the bailout in this very documentary is running for a PA Senate seat as a republican challenger against democratic incumbent Bob Casey in this election. I don’t think he’s gonna have much luck - Bob Casey comes from as close to political royalty as we have in PA - he’s held the seat for the past 18 years. But nonetheless he’s taking a shot at it.
@@Paintball1212 we keep voting them in??? get with the times bud, they have all been chosen way before any election everybody knows that, our votes mean zero!!
@@Degenerate04Ah, so it a "UA-cam did it" problem, not an actual audio issue. Thanks, I was starting to get annoyed, but now that I know that the Powers That Be caused the issue I'll stick with it
Guilty of fraud, more money stolen than all the bankrobbers combined yet no one went to jail, in fact they ran away with billions in taxpayer paid bonuses 😂what a joke our corrupt society is.
@@dmimz7691What do you mean? It's called out constantly. It's corrupt politicians like Trump who repealed what little legislation was implemented against this and weak opposition who refuse to reinstate it
That's one of the most eye-opening and conspicuous documentary films in my life. So much respect to the authors and contributors to this work. I hope more and more people will find out what's really happening to the world
I heard a startling comment shortly today before watching this. It said, "In America, all you have to do is follow the money." Sure, many of us know this, but this documentary just amplified it much more.
This is one of the most honest assessments of wealth I’ve seen posted anywhere on social media. I know for a fact that if I had millions, it wouldn’t last long, I’d share with those less fortunate and make sure my parents and in-laws never had to work again.
Exactly. I often wonder what kind of person even has the drive to become a billionaire and if that our government has allowed sociopaths to thrive. I’m changing my vote for worst president to a tie between Nixon and Reagan. It’s even more wild to realize that JFK would have been the guy to stop this corruption in its tracks.
Yep. I still think about this quite often. All the time actually. I am still flabbergasted that the public at large just let this slide. I mean, a lot of people didn't forget but they almost destroyed western civilization and still got their fucking *bonuses*. If you really follow history from 2008 to today, the rise of Donald Trump makes perfect sense. The ripples of 2008 are still being felt today. People's trust in the establishment has been eroded to nothing. I think 2008 was up there with Pearl Harbor and 9/11 personally, it just wasn't portrayed as such in popular culture and economics isn't sexy so not many care anymore or don't remember it for what it was.
If you know your way around the market, you'll understand that crashes come along with them, equivalent market opportunities. I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
Choose quality stocks and follow them up. If you're not one for such complexities, work with an Adviser to grow your portfolio. You can't go wrong with a sound CFA.
You're right, I and a few Neighbors in Bel Air Area work with an Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
There are a handful of xperts in the field. I've experimented with a few over the past years, but I've stuck with ‘'KATHLEEN CHERYL CONSTANTZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's retirement strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.
If you don't want it happening again, don't vote for Trump. He is the one who will eat up all your investments and laugh at your stupidity right in front of your face.
The fact that so many of these interviewees are getting touchy shows he’s hitting a nerve and getting close to something that they are wanting to hide.
I think people didn't know it was THAT BAD until it was too late. My house was valued at mid $400k in 2003. My husband and I purchased it for $530k in 2004. Its value went up nearly $700k in 2007. Even in 2007, many people thought that the housing crisis would not affect California much. They thought the price would stop going up in the worst case. In 2008, my house was valued at mid $300k. Now, the same house is worth over $1 million.
You should took out loan, don't pay for it, and allow the bank to have a million dollar property or better yet take out loans on low interests and put it into ETF with good dividend rates and invested in valuable companies that in 2 to 4 years will skyrocket. Then you pocket the difference from sale after the bank take their loan plus interests you'd be 2x richer with a wife and a high-end escorts as your side chick.
A wall st buddy buddy is after the presidency right now. If he fails, good. But history rhymes. Who's to say the next one or the one after won't be another buddy of wall st.
I really respect all the work that has been put into this documentary. Very good and informative. We know all this goes around, all countries ones more than others, I’m from Portugal and political corruption is on the menu. This is why no matter how hard we work the gap between the richer and the people with less finances, the gap gets bigger and bigger . Thank you for this excellent work .
Watched this twice as quite a complex topic and I like most average Americans knew it existed but did not fully understand the financial jargon which I now do. Congratulations to the maker of r this fascinating documentary which explains an extremely complex scenario into simpler terms. I was so interested I went in the internet to delve deeper into the issues. Two things stand out People who started this debacle and gained financially are the same people who had to come in and fix it. This has been going on for years with the corruption, greed, and arrogance of the government and financial institutions. Never truly understood how AIG was an insurer of these sub prime entities and also an investor in the whole thing also. And the rating agencies are all wrapped up. Don’t think it will ever change. We as consumers of the corruption can learn Never trust anything you read, see, or hear. Confidence in the government and its affiliates is about 10%where it belongs.
Wow, the BEST documentary I have ever seen on 2008, what a MASTERPIECE! 🤯 I literally thought this was posted from HBO or Showtime. The absolute best step by step explanation and spot on questions. They were EXPOSED, especially at your genius analogies. It was super satisfying to watch them stutter! 😋🤗😆 Keep it up, because documentaries are definitely your calling! 😊
Am yet to be a real estate investor. My uncle used to talk much about the 2008 financial crisis so I decided to learn alot about it. Thanks for the content
"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.
@jeffreycheng5984 yeah but fun fact 4 yah bub.. do u know 😏 I have a theory about a knights Templar. In this scenario. I am a bit abtuse.. Please watch your mouth. Revelations about the jew Rothschild ✡️ family. Are rumors. Grow up. Check your facts rich 💯 👌
This year has proven challenging, marked by losses from failed banks, real estate downturns, a struggling economy, and setbacks in stocks and digital currencies. It seems like everything has been going wrong, making it a particularly tough year.
Having a sound financial plan is essential. Collaborating with a professional planner and fixed income strategist, would ensures you that the fixed-income segment of your portfolio not only acts as a buffer against equity volatility but also generates substantial income.
In my financial life journey, John Desmond Heppolette has played a crucial role, offering invaluable knowledge, practical advice, and motivational content. The empowering community he fosters has not only boosted my confidence and work engagement but also inspired me to pursue excellence. Considering it as a secret weapon for significant financial growth.
This is the best documentary of the 2008 Financial Crisis that I have ever seen. The questions asked and responses during the interviews were spot on and so revealing of their level of morals and characters...or lack thereof. I don't know how these weasels can live or sleep at night, but I am sure that they will burn in hell for all their ill-gotten gains and all the harms that they have intentionally caused.
Nobody is afraid of Christians, like mentioned above there is no hell these men have made huge financial gains and were living like heaven on earth. There is only 1 god its name “capitalism”. Its even written on the dollar bills 😂😂
@@gregdiprinzio9280 .....WTF you talking about?!? Firstly, Christianity is arguably the most spectacularly wicked concept known to mankind. Secondly, do you honestly believe that these ruthlessly greedy arsehole bankers care a toss about Christians! Afterall - most of them are Jews.
A terrific documentary that I have seen elsewhere. It seems a shame that, because the music copyright strikes against this video would prevent its demonetization, the channel decided to remove the offending tracks of music, which leads to large swaths of this doc in complete silence and even wipes out some of the answers given by a few of the talking heads. I would hope the channel might reconsider and take the hit on this one and allow it to be demonetized so this wonderful and lucid documentary can be made available to more people.
The year is 2023, and in the wake of the latest record breaking global transfer of wealth the preliminary evidence show that profit trumps health, and the value of life is a market related variable.
Except this isn't the first time something like this has happened, and it won't be the last. Anytime banks are allowed to operate unchecked and unregulated, they will fail with a 100 percent guarantee. This was the fifth cycle since modern banking and we're now in the sixth. Those who do not learn from history will be doomed to repeat it.
Well done. I'm surprised that there have been no assassination attempts. The fact that prestigious universities teach economics using the same math are standing AND have endowments of this scale. The discipline is taught free of Philosophical and ethical issues.
What’s horrible in when the S&L crisis happened in the mid to late 80’s over 1,800 people were jailed. The 2008 financial crisis, no one went to jailed. The worst that happened is CEO’s couldn’t get bonuses for 5yrs.
"In 1971, Lewis Powell, then a corporate lawyer and member of the boards of 11 corporations, wrote a memo to his friend Eugene Sydnor, Jr., the Director of the U.S. Chamber of Commerce."
I was in the Banking Industry, mostly as a trader, until around 2003. This is an excellent documentary though it does leave out one important point. Nobody did anything illegal. Immoral certainly, but nothing illegal. We were under enormous pressure and there were plenty of people prepared to do the job if you were not. I was in precious metals so had nothing to do with this but the fault lies with the lack of regulations.
Are you crazy?? You actually believe that nobody did anything wrong to cause this castrophe??? America has never recovered from it. And I don't believe that we ever will recover.
In a corrupt country legality cannot be used as an expression of morality. Many people knew the market crash was gonna happen, they knew it would be bad and they wanted it to happen
Fantastic video, thank you! The whole scenario was just such a monumental shit-show on so many levels. Literally millions of people affected around the globe. And a few thousand got richer. Absolutely tragic. I was one of the ones affected. Thanks again for a great, intelligent, honest look at the FUBAR of '08/'09. Cheers from sunny Phoenix :)
My retirement accounts were down over 45% at the end of 2008. It was NOT a LOSS, because I did not sell. It was a decrease in value of what I owned. I did nothing- I did not panic. These were my retirement accounts and I had 20 more years before I would need them. My accounts were back above their 2007 value in 1 1/2 years!! Today my retirement accounts have increased 7 fold since then (including contributions made since then). HAVE A PLAN. GET GOOD ADVANCE AND DONT SELL IN A DOWN MARKET IF YOU ARE NOT FORCED TO.As Paul Harvey used to say " the only people who get hurt on a rollercoaster are the ones who jump off"
These financial criminals in charge must be held acvountable.Clearly, they know what the public is getting into, but their large bonuses made them look the other way..These guys must be held accountable..
You oughtta add a segment on all the people who reached out to the SEC to launch an investigation in the years leading to the crisis. The leverages undertaken by the financial institutions are insane. These leverages are in no way different from the people buying multiple properties with multiple mortgages hoping for a boom in real estates prices, except that the financial guys bailed out with a lot of money. How can derivatives or for that matter any financial instrument not be regulated ? Unbelievable !!
Best documentary on events leading to 2008. Net-net - culprits are there in both sides of the aisle. Leading to no change. The environment fixed itself in due course.
Seeing Columba cry while telling her story literally brought me to tears. These people are disgusting, ruin lives, and do not care who they hurt at the end of the day. They hide behind anything or anyone they can grab fast enough. At what point is it enough money?
They are really pathetic people, the only thing they have going for them is they are in the know, part of the boys club but in reality they are just scum bags.
Iteland was hit particularly badly. ( the IMF became familiar friends) But weve seriously pulled through. Do you know what saved us? The push to get everyone through 3rd level education in the 80's and 90's. Most of our very well educated who left Ireland answered the government's call to action and came back to help revitilise the economy. It worked, and here we are...
wow, great movie, thanks for the research and for providing it to us. I have been aware of some of it but not to its full depth. And surly I am shocked about so many lies and the attitudes of those highly paid individuals.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@@LionTowercoporation Thanks for sharing this, I just made a Research on google about the woman you mentioned and after going through her website, I can tell she's a pro. I wrote her and I'm waiting on her reply
Overall a good doc. Was a little frustrating though during the interview parts when a probing question was asked and then the response wasn’t shown for dramatic effect. Would’ve liked to have heard some of their answers to those questions. Especially from the govt regulators, since I’m sure their thinking during this period had to be quite nuanced (even if the result of their ultimate decisions didn’t seem so).
There wasnt anything they said just stuttering, they're to chicken shit to say what they really think and feel. Pretty much gotta be posessed by a demon. Evil nothing but evil but cowards as well
Before this, I was watching a documentary about this from VICE and began to see it was incredibly biased... for example, President George W was a consistent contributor. Smh. I knew then it wouldn't be truthful. So i appreciate THIS video! My father worked for Lehman Brothers when I was little. Never knew what that meant until i grew up.
This really exposes a dark evil of these people. To see economics academics so dismissive about academic conflicts of interest... to see people so flippant about the effects of their actions on the entire world... This is mad.
You don't have to be particularly smart in the financial sector, but you do have to be above average greedy to the point that morals are thrown out the window.
I’ll guess I built many of these peoples homes back then…I remember talking to homeowners we were working for that worked at fast food places or not at all and we’re getting 200k+ loans
Failures to have very harsh penalties like the death sentence and seizure of ll assets and proper regulations were the problem. No major country has implemented proper punishments and controls even after this. Shame on all the governments and regulators. The citizens must also accept responsible for not voting in parties that would enforce severe punishments on all those responsible.
We could start by actually putting corporate heads in prison for life. Why should corporations who are legally considered people and given such rights be exempt?
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don't see my retirement turning out well when I can't even grow my stagnant reserve
You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.ur portfolio, you must hire a financial counselor or broker.
@@anitaj.bartleyI agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@@danielt.tremaineMy advisor is MRS AVA KIMBERLY” , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
What a good period of time, I started trading into crypto currency, I was able to make a hug profits through the help of a God sent woman expert Mrs Ava Kimberly.
38:07 "You can only take out insurance on the things you own." Pretty gross then how employers get to take out life insurance just in case one of us dies.
So weird hearing everything after the last documentary had a good portion of the sounds and music removed for what we're assuming was copyright issues lol.
Remember kids, more than 15 years later these crooks are still running the show.
And that is because you keep voting them into office...
Yeah running the economy into the fucking ground.
@@therighteous802 Dave McCormick, one of the guys who blatantly lies and makes false claims about the bailout in this very documentary is running for a PA Senate seat as a republican challenger against democratic incumbent Bob Casey in this election.
I don’t think he’s gonna have much luck - Bob Casey comes from as close to political royalty as we have in PA - he’s held the seat for the past 18 years. But nonetheless he’s taking a shot at it.
@@Paintball1212 , most of the culprits are unelected. They are professional criminals and con men.
@@Paintball1212 we keep voting them in??? get with the times bud, they have all been chosen way before any election everybody knows that, our votes mean zero!!
it sucks how some of this documentary is muted other than that i love it
yeah it used to not be but it got taken down for a bit and then came back like this. you aren't missing out on much tbh
@@Degenerate04Ah, so it a "UA-cam did it" problem, not an actual audio issue. Thanks, I was starting to get annoyed, but now that I know that the Powers That Be caused the issue I'll stick with it
The interviewer mentions ‘criminal activity’ and it goes mute for a bit.
@@ToxicSunrise132 tbf it was probably a valid takedown. i highly doubt some random youtube channel has the copyright to a documentary of this quality
@@Degenerate04 🤔
The algorithm has been hiding this gem from me ! Thank god I came across it. Absolute gem
ditto
Yeah, one top movie! And the guys in it are pretty heavy too!
Original title Inside Job.2011. 1 BTC was $4.
Guilty of fraud, more money stolen than all the bankrobbers combined yet no one went to jail, in fact they ran away with billions in taxpayer paid bonuses 😂what a joke our corrupt society is.
Agreed.
It’s sickening, and the corrupt media never says a word.
Who do you think owns the media? ( ^.^ )
@@dmimz7691
@@dmimz7691the media is owned by the billionaires
@@dmimz7691What do you mean? It's called out constantly. It's corrupt politicians like Trump who repealed what little legislation was implemented against this and weak opposition who refuse to reinstate it
That's one of the most eye-opening and conspicuous documentary films in my life. So much respect to the authors and contributors to this work. I hope more and more people will find out what's really happening to the world
The pure fact that UA-cam has to delete the sound here and there, gives a inclination of how much power these institutions wield
Stfu It’s because of copy-write implications, not a conspiracy.
@@volkerkalhoefer3973, Google/UA-cam has become one of those institutions. The manipulation of videos on UA-cam are wide spread.
@@TDX3000 It's spelled "copyright," not "copy-write."
Yeah but the more you learn about how things really work the more hopeless you feel about the world and the future
And the moral of the story is - When everyone is in on it, no one will be punished. Ever.
spot on!
I'm sure many were paid well,l8ke Hank Paulson,Ben Bernake,and Greenspan too.
Government employees?
Or, our Governments are organised crime.
I heard a startling comment shortly today before watching this. It said, "In America, all you have to do is follow the money." Sure, many of us know this, but this documentary just amplified it much more.
Money doesn't change who you are, It reveals who you are.
This is one of the most honest assessments of wealth I’ve seen posted anywhere on social media. I know for a fact that if I had millions, it wouldn’t last long, I’d share with those less fortunate and make sure my parents and in-laws never had to work again.
I think it depends on the amount of wealth.
When speaking of hundreds of millions of dollars, that amount would indeed change a person.
Ha, very clever
Most humans are greedy
Exactly. I often wonder what kind of person even has the drive to become a billionaire and if that our government has allowed sociopaths to thrive. I’m changing my vote for worst president to a tie between Nixon and Reagan. It’s even more wild to realize that JFK would have been the guy to stop this corruption in its tracks.
Watching this is enough to make your blood boil with anger.
Yep. I still think about this quite often. All the time actually. I am still flabbergasted that the public at large just let this slide. I mean, a lot of people didn't forget but they almost destroyed western civilization and still got their fucking *bonuses*. If you really follow history from 2008 to today, the rise of Donald Trump makes perfect sense. The ripples of 2008 are still being felt today. People's trust in the establishment has been eroded to nothing. I think 2008 was up there with Pearl Harbor and 9/11 personally, it just wasn't portrayed as such in popular culture and economics isn't sexy so not many care anymore or don't remember it for what it was.
and they made us pay for that which should be illegal. why should we have to pay for their mistakes and their fraud.
@@SAMWsfegYT Instead we reelected the POTUS that let them all off the hook. That should be Obama's legacy.
Wait till you watch Europa the last battle.
@@openmoviearchives7381 seems you don’t understand the governmental branches
If you know your way around the market, you'll understand that crashes come along with them, equivalent market opportunities. I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
Choose quality stocks and follow them up. If you're not one for such complexities, work with an Adviser to grow your portfolio. You can't go wrong with a sound CFA.
You're right, I and a few Neighbors in Bel Air Area work with an Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
There are a handful of xperts in the field. I've experimented with a few over the past years, but I've stuck with ‘'KATHLEEN CHERYL CONSTANTZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's retirement strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.
I remember the 2008 recession. My mom lost her job and we were homeless for a while. We went from motel to motel and had to live with family.
If you don't want it happening again, don't vote for Trump.
He is the one who will eat up all your investments and laugh at your stupidity right in front of your face.
Sorry to here that.
That's awful and unjust but remember at least you have your souls, unlike many people featuring in this revealing documentary.
@@hecateswolf6007 soul isn't worth anything in this world
“Global Ponzi Scheme” - the best way I have ever heard it referred to.
Couldn't have said it better myself.
The fact that so many of these interviewees are getting touchy shows he’s hitting a nerve and getting close to something that they are wanting to hide.
I think people didn't know it was THAT BAD until it was too late. My house was valued at mid $400k in 2003. My husband and I purchased it for $530k in 2004. Its value went up nearly $700k in 2007. Even in 2007, many people thought that the housing crisis would not affect California much. They thought the price would stop going up in the worst case. In 2008, my house was valued at mid $300k. Now, the same house is worth over $1 million.
Funny how the world works.
It's going to go back to 500k by the end of this decade. Herd psychology is a funny thing.
You should took out loan, don't pay for it, and allow the bank to have a million dollar property or better yet take out loans on low interests and put it into ETF with good dividend rates and invested in valuable companies that in 2 to 4 years will skyrocket. Then you pocket the difference from sale after the bank take their loan plus interests you'd be 2x richer with a wife and a high-end escorts as your side chick.
It will happen again in the not-too-distant future. After watching this, how can it not?
A wall st buddy buddy is after the presidency right now. If he fails, good. But history rhymes. Who's to say the next one or the one after won't be another buddy of wall st.
I downloaded this a few years back. I'm sure I still have if on an old hard drive somewhere. Now we're living through the sequel.
Amazing video. You asked very tough questions and some of these crooks just had no answer….brilliant.
I really respect all the work that has been put into this documentary.
Very good and informative.
We know all this goes around, all countries ones more than others, I’m from Portugal and political corruption is on the menu.
This is why no matter how hard we work the gap between the richer and the people with less finances, the gap gets bigger and bigger .
Thank you for this excellent work .
Watched this twice as quite a complex topic and I like most average Americans knew it existed but did not fully understand the financial jargon which I now do.
Congratulations to the maker of r this fascinating documentary which explains an extremely complex scenario into simpler terms.
I was so interested I went in the internet to delve deeper into the issues.
Two things stand out
People who started this debacle and gained financially are the same people who had to come in and fix it.
This has been going on for years with the corruption, greed, and arrogance of the government and financial institutions.
Never truly understood how AIG was an insurer of these sub prime entities and also an investor in the whole thing also.
And the rating agencies are all wrapped up.
Don’t think it will ever change.
We as consumers of the corruption can learn
Never trust anything you read, see, or hear.
Confidence in the government and its affiliates is about 10%where it belongs.
Right stay out of debt and do not swim with these sharks 🦈 It’s starting again beware of the upcoming crash 💥
@@drjhale9801 stay out of debt? What? Just don’t take bad debt. Take on as much good debt as possible
Man said take on debt what a r8@@assmonkey9202
Me too
@@assmonkey9202ur a greedy moron
Looks like 2008 was just a practice run, we’ve learned nothing since then
We have learned.
Washington and Wall do not want to put those lessons into action .
This video should have millions of views imo. Incredible!
Wow, the BEST documentary I have ever seen on 2008, what a MASTERPIECE! 🤯 I literally thought this was posted from HBO or Showtime. The absolute best step by step explanation and spot on questions. They were EXPOSED, especially at your genius analogies. It was super satisfying to watch them stutter! 😋🤗😆
Keep it up, because documentaries are definitely your calling! 😊
My brother this doc literally won an Oscar
Am yet to be a real estate investor. My uncle used to talk much about the 2008 financial crisis so I decided to learn alot about it. Thanks for the content
@@FergBent2.4 Your uncle must have been in the wrong side of it. Lot's of people made a fortune.
Fantastic documentary. Should be required viewing for our young students.
"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.
@jeffreycheng5984 yeah but fun fact 4 yah bub.. do u know 😏
I have a theory about a knights Templar. In this scenario.
I am a bit abtuse..
Please watch your mouth.
Revelations about the jew Rothschild ✡️ family.
Are rumors.
Grow up. Check your facts rich 💯 👌
This is a really well researched and development documentary.
Thanks to everyone who contributed in creation of this masterpiece.
That's why it won an Oscar
This year has proven challenging, marked by losses from failed banks, real estate downturns, a struggling economy, and setbacks in stocks and digital currencies. It seems like everything has been going wrong, making it a particularly tough year.
Having a sound financial plan is essential. Collaborating with a professional planner and fixed income strategist, would ensures you that the fixed-income segment of your portfolio not only acts as a buffer against equity volatility but also generates substantial income.
In my financial life journey, John Desmond Heppolette has played a crucial role, offering invaluable knowledge, practical advice, and motivational content. The empowering community he fosters has not only boosted my confidence and work engagement but also inspired me to pursue excellence. Considering it as a secret weapon for significant financial growth.
Bidenomics
SNP 500 returned 26% last year, what are you smoking, my guy
What do you mean? This year has been a bull market. The economy isn't struggling, the wealth just isn't going to the right people
This is the best documentary of the 2008 Financial Crisis that I have ever seen. The questions asked and responses during the interviews were spot on and so revealing of their level of morals and characters...or lack thereof. I don't know how these weasels can live or sleep at night, but I am sure that they will burn in hell for all their ill-gotten gains and all the harms that they have intentionally caused.
Amen!
There is no hell and these people are well aware of that.
@@Dmanz67 Is that why they are so afraid of Christians?
Nobody is afraid of Christians, like mentioned above there is no hell these men have made huge financial gains and were living like heaven on earth. There is only 1 god its name “capitalism”. Its even written on the dollar bills 😂😂
@@gregdiprinzio9280 .....WTF you talking about?!? Firstly, Christianity is arguably the most spectacularly wicked concept known to mankind. Secondly, do you honestly believe that these ruthlessly greedy arsehole bankers care a toss about Christians! Afterall - most of them are Jews.
I’ve watched this over 6 times in the last 10 years. So, so well done.
A terrific documentary that I have seen elsewhere. It seems a shame that, because the music copyright strikes against this video would prevent its demonetization, the channel decided to remove the offending tracks of music, which leads to large swaths of this doc in complete silence and even wipes out some of the answers given by a few of the talking heads. I would hope the channel might reconsider and take the hit on this one and allow it to be demonetized so this wonderful and lucid documentary can be made available to more people.
1:06 is the best part. Love the music in the background. This should be required viewing for history, econ, and business school students.
it's a misleading documentary. Very left-leaning and keen on blaming the financial sector for the entire crisis.
@@Skaevs You have got to be kidding 🥴🥴 I’m from this industry and know full well of how corrupt the system is.
@@markbaker2629 sure, but there were many other factors.
The year is 2023, and in the wake of the latest record breaking global transfer of wealth the preliminary evidence show that profit trumps health, and the value of life is a market related variable.
This is an instance where a public trial, at the scope of Nuremberg, should have been held. These people have committed crimes against humanity.
Except this isn't the first time something like this has happened, and it won't be the last. Anytime banks are allowed to operate unchecked and unregulated, they will fail with a 100 percent guarantee. This was the fifth cycle since modern banking and we're now in the sixth. Those who do not learn from history will be doomed to repeat it.
@@gabeclaufredd1099 well aware. Only cure is bank nationalization.
Excellent documentary , but very , very sad
Well done. I'm surprised that there have been no assassination attempts.
The fact that prestigious universities teach economics using the same math are standing AND have endowments of this scale. The discipline is taught free of Philosophical and ethical issues.
This comment didn't age well....
10/3-/23 The audio cuts off, several times during viewing this video. Otherwise, a valuable education. Thank you. USA
What’s horrible in when the S&L crisis happened in the mid to late 80’s over 1,800 people were jailed. The 2008 financial crisis, no one went to jailed. The worst that happened is CEO’s couldn’t get bonuses for 5yrs.
Brilliant documentary! Sickening to watch this level of corruption 😥
The more things change, the more they stay the same
The only thing that changed is the wealth gap got bigger
Exactly.
Thank you for this education!
I can't imagine the courage and sacrifices you have put into making this documentary.
"In 1971, Lewis Powell, then a corporate lawyer and member of the boards of 11 corporations, wrote a memo to his friend Eugene Sydnor, Jr., the Director of the U.S. Chamber of Commerce."
Member of the board of 11 corporations and there you have it. Just what value and time did he offer to each one ? an hour a week ? 2 maybe
Excellent documentary
This is the best description of what, how and by whom the crisis happened.
Buckle up....similar events are unfolding currently.
Yes indeed ten months later and they still are. They are handing out credit to very poor risks
Excellent report, thank you.
“I have no comment… no, no regrets. I have no regrets.”
- All of them
Sound cuts out from:
20:14 to 20:49
21:58 to 22:11
42.29 to 43.35
What's the issue?
So great and informative. Happy to watch. Gotta look for the original for the muted parts. I’m that crazy lol
Sound drops out for 1 minute at around 20:00. Again briefly at 22:00, 42:30 to 43:35
Nice to read. Then it is not my device that is faulty.
probably for copyright reasons if i had to guess. maybe the song
I was in the Banking Industry, mostly as a trader, until around 2003. This is an excellent documentary though it does leave out one important point. Nobody did anything illegal. Immoral certainly, but nothing illegal. We were under enormous pressure and there were plenty of people prepared to do the job if you were not. I was in precious metals so had nothing to do with this but the fault lies with the lack of regulations.
some things were literally criminal
@@xoxo_00__00 Like what ? Derivatives were not regulated.
Are you crazy?? You actually believe that nobody did anything wrong to cause this castrophe??? America has never recovered from it. And I don't believe that we ever will recover.
In a corrupt country legality cannot be used as an expression of morality. Many people knew the market crash was gonna happen, they knew it would be bad and they wanted it to happen
@@shoazdon7000 Unlike 1 or 2 countries, there is no such thing as the 'morality' police over here.
Fantastic video, thank you! The whole scenario was just such a monumental shit-show on so many levels. Literally millions of people affected around the globe. And a few thousand got richer. Absolutely tragic. I was one of the ones affected. Thanks again for a great, intelligent, honest look at the FUBAR of '08/'09. Cheers from sunny Phoenix :)
Shit show. More like outright stealing and disguising it with deceptive semantics language.
Thank You ❤ I watched till the end!
My retirement accounts were down over 45% at the end of 2008. It was NOT a LOSS, because I did not sell. It was a decrease in value of what I owned. I did nothing- I did not panic. These were my retirement accounts and I had 20 more years before I would need them. My accounts were back above their 2007 value in 1 1/2 years!! Today my retirement accounts have increased 7 fold since then (including contributions made since then). HAVE A PLAN. GET GOOD ADVANCE AND DONT SELL IN A DOWN MARKET IF YOU ARE NOT FORCED TO.As Paul Harvey used to say " the only people who get hurt on a rollercoaster are the ones who jump off"
Never sell!!!!!
The algorithm keeps me informed about market crashes and opportunities on UA-cam.
You know what this is called. The crafty way of using semantics misdirectional language to disguise theft.
Amazing job! A nice doc for showimg the real face of greedy people...
These financial criminals in charge must be held acvountable.Clearly, they know what the public is getting into, but their large bonuses made them look the
other way..These guys must be held accountable..
I love MONEY! Taking care of business!
Start with politics they are at fault
The clearly don't give a f*. They laugh in out faces !
Massive congratulations to those who made this documentary 😊
You oughtta add a segment on all the people who reached out to the SEC to launch an investigation in the years leading to the crisis. The leverages undertaken by the financial institutions are insane. These leverages are in no way different from the people buying multiple properties with multiple mortgages hoping for a boom in real estates prices, except that the financial guys bailed out with a lot of money. How can derivatives or for that matter any financial instrument not be regulated ? Unbelievable !!
Best documentary on events leading to 2008. Net-net - culprits are there in both sides of the aisle. Leading to no change. The environment fixed itself in due course.
Seeing Columba cry while telling her story literally brought me to tears. These people are disgusting, ruin lives, and do not care who they hurt at the end of the day. They hide behind anything or anyone they can grab fast enough. At what point is it enough money?
They are really pathetic people, the only thing they have going for them is they are in the know, part of the boys club but in reality they are just scum bags.
Great information thanks 😮
Iteland was hit particularly badly. ( the IMF became familiar friends) But weve seriously pulled through. Do you know what saved us? The push to get everyone through 3rd level education in the 80's and 90's. Most of our very well educated who left Ireland answered the government's call to action and came back to help revitilise the economy. It worked, and here we are...
wow, great movie, thanks for the research and for providing it to us. I have been aware of some of it but not to its full depth. And surly I am shocked about so many lies and the attitudes of those highly paid individuals.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
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I know you are, boomer. But you should be more concerned with your children and children’s children.
World leaders don't seem concerned for thier children's children. @-Swamp_Donkey-
no, it's way tougher on millenials and Gen Z.
I became Obessed with the 2008 financial crisis because I always knew it was coming back my dad told Me he don't trust banks
He don’t trust banks? Lol. Your writing is exceptionally poor.
work for a bank instead
Overall a good doc. Was a little frustrating though during the interview parts when a probing question was asked and then the response wasn’t shown for dramatic effect. Would’ve liked to have heard some of their answers to those questions. Especially from the govt regulators, since I’m sure their thinking during this period had to be quite nuanced (even if the result of their ultimate decisions didn’t seem so).
That was done for censorship reasons.
I also wondered at first.
There wasnt anything they said just stuttering, they're to chicken shit to say what they really think and feel. Pretty much gotta be posessed by a demon. Evil nothing but evil but cowards as well
Before this, I was watching a documentary about this from VICE and began to see it was incredibly biased... for example, President George W was a consistent contributor. Smh. I knew then it wouldn't be truthful.
So i appreciate THIS video!
My father worked for Lehman Brothers when I was little. Never knew what that meant until i grew up.
audio cuts out at multiple points in this documentary... surprised this isn't mentioned more in the comments
@@noelghallager4672 it's a copyright issue with music used in the doc.
@@infinitymediaproductions4350 how utterly inconvenient and disappointing
Why does the audio fail during the interview with Scott Talbot, Chief Lobbyist, for Financial Services Round Table? 20:10
I can listen to this man's voice ALL DAY 😊 Bravo, Matt!!
I was disappointed when he started doing ads for Bitcoin investing.
This really exposes a dark evil of these people. To see economics academics so dismissive about academic conflicts of interest... to see people so flippant about the effects of their actions on the entire world... This is mad.
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Everything except for the last ten minutes of this documentary is worth watching.
It's really very simple. Smart people go into the financial industry and not so smart people go into the government industry.
That's, cunning.
You don't have to be particularly smart in the financial sector, but you do have to be above average greedy to the point that morals are thrown out the window.
A great video and it exposes the real truth behind all those greedy Bankers, Politicians and so called advisers.
Capitalism mugged Iceland just like a drunk on Skid Row.
Ireland felt the same wrath with land and real estate speculation.
What!? That doesn’t make any sense.
😂
The sound on this doccy is quite bad, plenty of spots with just no audio. Eg 20:16
Anyone else have the sound cutout when the round table boss starts defending "criminal activity" question?
Yes , very irritating.
@@NZKiwiRic maybe an legal issue
@@martinm3422Maybe a coverup issue.
Well worth the time to watch this! An excellent expose of our societies worst corrupt-o-crats.
ever more corrupted by the year... now 18 years fatter
I’ll guess I built many of these peoples homes back then…I remember talking to homeowners we were working for that worked at fast food places or not at all and we’re getting 200k+ loans
Absolutely. 200K loan with 5K down making 15 dollars an hour. Lol
subprime mortages baby
i remeber getting a 280 grand pre approval with a salary 1/5th of that. i got a fixed mortgage and spent less.but the amounts allowed were insane
Inside job, Margin call, The big short, all of them are amazing
Still so infuriating.......and frightening. None of these 'wise men' have a clue as to what they are doing.
According to the documentary we just watched, they knew exactly what they were doing…we are the clueless ones, I’m afraid…
They knew exactly what they were doing. Stealing
why did the sound cut out 20 mins in on a key topic from a financial services lobbyist?
YT cut the audio right after Scott Talbot uttered the words "criminal activity"...
Brillian Documantary, "Engineers build bridges, Financial Engineers build dreams, that can become nightmares". and get paid loads more.
Matt Daman story telling, has made this documentary more Enjoyable
**Damon, not Daman
Great docu, but why is there pieces of the sound track missing? Legal or technical problems?
Watching this in 2023. Nothing has changed.
Why is the States not considered to be what it is? Absolutely corrupt and entirely unrepresentative.
Is it utub who is killing the sound in certain places to censor the information
Failures to have very harsh penalties like the death sentence and seizure of ll assets and proper regulations were the problem. No major country has implemented proper punishments and controls even after this. Shame on all the governments and regulators. The citizens must also accept responsible for not voting in parties that would enforce severe punishments on all those responsible.
You are high if you think our votes count.
We could start by actually putting corporate heads in prison for life. Why should corporations who are legally considered people and given such rights be exempt?
Something tells me the audio was silenced after 20:03 til 20:50 while they discussed guilt on corruption
The sound - at least on the iPad I use - comes and goes.
Hard to spot a single person who isn’t a criminal
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don't see my retirement turning out well when I can't even grow my stagnant reserve
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Is it possible that the current US and global economic situation is still the after effects of these events?
38:07 "You can only take out insurance on the things you own." Pretty gross then how employers get to take out life insurance just in case one of us dies.
Awesome documentary!!!!
I fully expect a recovery of the recession we’re in, what I’m scared off is what happens in the next 20years
I don't think that America will ever recover from the 2008 financial collapse
try 2-3 years.
I like this movie. This explained a lot 😎
Watch "The Big Short" next. That will explain a lot, too, only with funner tunes.
So weird hearing everything after the last documentary had a good portion of the sounds and music removed for what we're assuming was copyright issues lol.
Why are there audio blackouts here n there?