Proactive Clips

Пікірлер

@tamekkaknuth9612 2 күн бұрын

They will not telle what to do

@thomasfoltin3832 11 күн бұрын

This ignores completely that the government directly incentivized risky lending for the sake of inclusion and equity. Banks were not allowed to do interstate mergers unless they met requirements for subprime lending. Fannie Mae and Freddy Mac also allowed a the system to be rigged so that the tax payer took on the risk while the banks took on the rewards.

@EvolutionAdvisory-pg1tz 17 күн бұрын

The federal reserve is not the government It’s a bunch of greedy corrupt bankers who are out for themselves..

@kortyEdna825 19 күн бұрын

I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $27000 this month. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserve.

@PatrickFitzgerald-cx6io 19 күн бұрын

The mkt has gone berserk! regardless of experience level, everyone needs a sort of coach at some point to thrive forward.

@brucemichelle5689. 19 күн бұрын

Very true, a huge part of my portfolio growth has come during this market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go

@Pamela.jess.245 19 күн бұрын

How can I contact your Asset-coach as my portfolio is dwindling?

@brucemichelle5689. 19 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@Pamela.jess.245 19 күн бұрын

Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.

@zoobagaming2109 Ай бұрын

amazin channel that needs way more attention

@Sswervyy Ай бұрын

and after that many people were arrested and justice was served... . . . . . . . . SIKE! no one was arrested and the banks got off scott free

@ftmmuna Ай бұрын

THANK YOU, NICE AND PRECISE

@bobbyb.6644 Ай бұрын

Federal Intrusion is Amateur Hour ? Politics and Economics ARE NOT COMPATIBLE ! Wall Street Legal PONZI SCHEME blew up ! 🤨

@MisterMpp Ай бұрын

Fixed interest rates are wrong. You see. In capitalism the free market would set the proper interest rate

@cossackcortes Ай бұрын

Thank you for the video!

@cossackcortes Ай бұрын

Great channel, and important advice!

@vengeance8924 Ай бұрын

luckily you won't need to borrow money to buy a home. there are programs that tie your income to your childs bank account until they are 21. The parents will put 5 dollars into the bank account DAILY for 21 years. this adds up to be around 2000 per parents per year which is 4000. 4000 x 21 years = 84,000. The program helps children find jobs in high school and directly links their income to the bank account from the period of 17- 21. That combined income which the parents savings usually adds up to be EASILY over 120,000 and in MOST cases even more. Your child CAN and WILL own a home at the age of 21 IF YOU SAVE 5 DOLLARS A DAY. Its just math. Please start being smart with your money and STOP giving banks money. Loans should be for businesses AND THATS IT!!!!

@Topaz198 2 ай бұрын

I’ve heard stuff vaguely about this, I was born in 2008 and got curious what the hell I got brought into the world during

@MMAHAD-ut7pu 2 ай бұрын

What a beautiful explanation

@Taffer-bx7uc 2 ай бұрын

The Fed just pumped and pumped and pump! Pump! Pump! Pump!

@drewkrebs5706 2 ай бұрын

you forgot the part where the banks knew the default was coming, so they shorted all their positions on collateralized debt obligations and received a bailout that doubled their profits and left the working American poor.

@cubeow1 2 ай бұрын

Thank you so much for making such a short video. This saved me a huge amount of time when studying for APUSH. I don't want to watch like a 30 minute video on every single little topic

@Ugaritic 2 ай бұрын

I'm planing about covering the '08 financial crisis in my next presentation, so I'm slowly watching videos to get ready for it.

@Marvin-fn6mh 3 ай бұрын

wow title: "how to be a millionaire on a low salary" content: "invest a million an life from it...rich people already saved up millions"

@unknownuser6757 8 ай бұрын

I can’t wait to DIE

@minghangrai9649 9 ай бұрын

Can you suggest me the course about the finance you had before ?

@rwberger6 9 ай бұрын

Important to note about lending to people who couldn't afford the loans; The government had previously passed a bill that dictated banks couldn't discriminate based on income when giving housing loans and were actively launching investigations and lawsuites against banks that didn't comply.

@AlejandroRasmussen7 6 ай бұрын

Wow, could you explain this a bit more, please

@mikeb6044 2 ай бұрын

Truth !!!

@Joseph70663 Ай бұрын

Bullshit. You still had to pass a Credit Check. "Big Gubmint" didn't make these loans, fool. The banks did. And made obscene profits doing it. What? You missed that part? Sneer....

@unstoppablek9755 13 күн бұрын

@@AlejandroRasmussen7 I don't know if this is too late but I'm doing a history project on this so I figured I could help. So pretty much back during the 90s a lot of Americans became upset once it was figured out that banks would only give loans to people with stable income to minimize risk (understandable), but people thought it was discrimination, so there was a huge outcry. The government responded by forcing banks to accept loans and mortgages from lower income families during the Bill Clinton Administration. The government forced around 20% of all of the mortgages to be for lower income families, and kept increasing that number year after year in order to fulfill Clinton's promise of "houses for everyone". This was a significant facture in the eventual crash in 08

@dianaverano7878 10 ай бұрын

Im planning to buy a house in Southeast asia. They told me, my options are : cash or bank financing. So buying a house is really bank related since a lot of people would choose that.

@jasonfranks715 9 ай бұрын

What country in southeast Asia is the safest to own land?

@dianaverano7878 9 ай бұрын

@@jasonfranks715 thailand is better with Philippines in terms of safety for foreigners. But if you want to live in Philippines, we do have safe areas. Foreigners live in these areas: makati city ( business district) or BGC taguig city. Both cities are found within Manila, Philippines, the NCR (national capital region of the country) I live in makati. I get to see foreigners in our city daily. Unlike in other parts of Manila.

@ryonamine8229 8 ай бұрын

Singapore lol haha. just kidding, Maybe Indonesia, Phillipines, Malaysia, and Vietnam. Those countries are stable in terms of economy, political, and etc atm @@jasonfranks715

@NoVisionGuy 4 ай бұрын

@@jasonfranks715 Philippines, but you have to be financially capable to loan if you want to pay for mortgage payment.

@kingkurt5777 11 ай бұрын

This is cap. Watch more videos.

@rhinopower3904 11 ай бұрын

The Big Short movie is absolutely brilliant explains the 2008 is such a simple way and what these W/bankers really do... It's crazy how they still get away it. But trust me if you havnt seen the movie you need to go watch it... One quote from the movie: banks don't learn from there stupid mistakes they just find new ways to be stupid...

@bigbadleeroybrown5104 Жыл бұрын

It is may of 2023, if you could please tell me at the current time what stage we are in with these series of events? I’m getting married soon and I’m working 7 days a week to afford a home. Is it near its collapse

@pdb2085 Жыл бұрын

Yeah it’s all gonna collapse next week. You’re gonna lose your house and your wife.

@sabn9139 Жыл бұрын

@@pdb2085 what a nice thing to say

@LuisCamacho-ud7vz Жыл бұрын

@@sabn9139 He was being sarcastic.

@nonijoshi1082 5 ай бұрын

@@pdb2085I guess Sharon better find a new hunk .

@TPH9311 3 ай бұрын

No expert. At all. But inflation is high and so are interest rates meaning the gov wants the economy to stop spending as much bc after the pandemic cooled down we expanded a lot. Remember when everyone for example started buying cars, boats, cottages, and other fun things. Well now since everyone spent so much the economy jumped forward at a faster rate than usual (give or take) so we are slowly entering recession.

@universityofknowledge5848 Жыл бұрын

What are algorithms

@universityofknowledge5848 Жыл бұрын

In 2023 will it be smart to implement Ai in a stock market only known for inflation???Meaning Ai could beat a game but not what people choose to buy and trade on a daily bases

@Enlighten-the-path Жыл бұрын

kzbin.info9OSVEllIM7o?feature=share

@caster863 Жыл бұрын

So the fed raises interest rates to stop the economy from falling into debt, but then borrows and spends trillions of dollars that fall the economy into debt. Huh?

@DigimonTamerfreak Жыл бұрын

Terrible how the economy is built around debt

@nb5247 Жыл бұрын

That’s capitalism for you

@lamalamalex Жыл бұрын

@@nb5247 that’s not capitalism. Government interference in the economy is NOT capitalism

@lamalamalex Жыл бұрын

It’s not awful. Credit is a wonderful tool but when you misuse it is the trouble. Which the government does.

@reddeadrene7552 Жыл бұрын

Capitalism likes to make basic human living complicated

@MicaOShea-oe7ir 10 ай бұрын

The problem was the Republican government DEREGULATED THE BANKS which allowed them to create this financial house of cards with unethical loans. Remember the crux here is they were setting homeowners up mortgages they could not pay so the bank could take their houses when they defaulted--knowing this would happen and enough defaults would lead to a crash. Countries that copied the US and deregulated their financial industry also saw their real estate bubble burst, banks go bankrupt and economies fall into deep recession. Countries that refused to follow the US over the cliff did not enact the deregulation that allowed banks to give out unethical and dangerous subprime mortgages, like Canada and Australia, did not suffer the real estate bubble burst financial crisis. Capitalism is a good thing but it requires regulation, otherwise a handful of greedy men will destroy everything.

@nodirarakhmonkulova6904 Жыл бұрын

Wooow. Perfect explanation 👌

@busterdancy1857 5 ай бұрын

It's very incomplete. Watch the docu Inside Job. It's missing a few key important aspects such as the intentional, malicious behavior of predatory lending, deregulation of federal policies, and false security ratings of these investments.

@johnc1014 Жыл бұрын

And, this is why I'm against government meddling in the economy and 100% for a total free market. Government trying to dictate and micromanage the economy results in booms and busts, and bad incentive structure. A free market is regulated by supply and demand.

@duckymomo7935 Жыл бұрын

It wasn’t even that Nowadays the banks are falling left and right but it’s because of poor money lending practices and bad ideas that destroy banks that they need government bailouts…

@johnc1014 Жыл бұрын

@@duckymomo7935 No government bailouts should ever occur. These banks should absolutely be let to succeed or fail on their own.

@pepealexandre8815 Жыл бұрын

And thats why we had the 2008 crash. Government wasn't doing its job of regulating the banks, the market was free to do whatever it wanted, hence the crash. There aren't _free_ lunches.