Clarke and Dawe - European Debt Crisis

[@RexMundi_UTC]

2022 and Clark and Dawe are still relevant. Love it.

[@ehochmuephi8219]

Why do I have the feeling this will always be relevant ...

[@MrProthall]

Imaginary money system hasn't changed after all. Everyone starts at 0 money. How do you HAVE money in a system like that? Someone else has to go into debt and give you money.

[@jamieteal2107]

@@ehochmuephi8219because you’re spot on

[@rostrt]

2024 and Clark and Dawe are still relevant. Love it.

[@mattlightbourn]

Even now

[@TheTessEffect]

"That's what I'm asking you!" "Correct." 😂😂😂😂😂😂😂💀

[@nukeclears]

"Because it's owned by China" Flipping genius

[@TankEnMate]

+Nukeclears And now we need a version for the US hobbling along because of China's debt problems.

[@OlaNordmann123]

Vote Trump :)

[@rlgaccidentz]

And true.

[@00BillyTorontoBill]

just checked...Germany #1 export destination =USA ...#4 China

[@andrea-pq5yz]

what it means

[@johnkilian3288]

Classic. Clarke and Dawe nailed it 5 years ago and nothing really has changed.

[@bikeaddictbp]

And ... still true in 2020, with an infectious virus making it even worse. And ... Clarke and Dawe have the answer to paying for that, too! kzbin.info/www/bejne/oGOkp4homMuLiM0

[@johnkilian3288]

@@bikeaddictbp Simply genius were Clarke and Dawe. And I suspect that 5.10, 20 years from now, their knowledge and wit will still be applicable.

[@ManuelBTC21]

What's changed is that the debt is even larger.

[@ydfhlx5923]

5 more years have passed and still no thing has chaged

[@Showmetheevidence-]

2021…. Nothing else has changed.

[@johnnybro13]

RIP mr. Clarke you are missed

[@burnsloads]

He died of a heart attack while climbing Mt. Abrupt. You know he would appreciate the humor in that.

[@MichelleWardley]

@@burnsloads gold

[@Pendreic]

Reporting in from the end of 2022. Still relevant. Still hilarious. Still ignored by news media.

[@tonywilson4713]

How you feeling NOW that its December 2024 and this is still *RELEVANT????*

[@garethhowells9784]

"Fair enough" The way in which he delivers such simple lines is fucking hilarious.

[@DavidPruitt]

I never could figure out how countries constantly get screwed over by lending to others. And now here in two minutes I see how ridiculous and stupid the system really is.

[@SilentHotdog28]

Apparently Italy and Spain owe each other money......I'm still not sure of the specifics, but wouldn't it make sense for each of them to wave the same amount, then there is a small sum for one country to owe the other?

[@Ebonybootysmackerfromjotunheim]

@@SilentHotdog28 if they paid each other back they wouldn’t be in debt and people would be asking to borrow money they don’t have

[@SilentHotdog28]

@@Ebonybootysmackerfromjotunheim I'm not the smartest person, so I struggle to understand how it all works.

[@LodgicalThoughts]

​@@SilentHotdog28 ray dalio does a great video on explaining the debt based economy

[@_therestlessbandit]

Countries didn't lend money to other countries. It was the central bank. That's why they brought the EURO in. No one gets it, not even you.

[@francisd2386]

"Since the war" may be a cynic poke at how the UK never really got back up after WW2, love it. This one is perhaps the funniest they made.

[@epiendless1128]

I suppose that would be due to all the money America lent us during the War..

[@phaturtha216]

It's about war being good for financiers. An incentive, if you will.

[@fishyc150]

I dont think so at all. Hes implying that since the war European states havnt been taking financial advice. If they had they wouldnt be in this mess. Nothing to do with any specific country.

@@fishyc150 Shut the fuck up dimwit.

[@alexkfridges]

@@fishyc150 nope

[@SovereignServices]

Who the hell is here in 2019 and just laughing at how comically correct this is still today. Getting worse BTW. House of Cards will be crumbling soon.

[@moldovancrisis5482]

Best summation of financial markets I've ever seen.

[@StellaAsh]

....they've been telling us that for years, the Criminal Central Banksters will sort the mess to their own advantage and it'll be the little people taxpayers that will pay for it for generations to come by getting poorer and poorer and poorer.......if you watch this you will know more than a million others: kzbin.info/www/bejne/opPEo52mf82Ggtk

[@frednutz1604]

@@StellaAsh And with the Royal Commission findings it's been proved that the big banks cannot be trusted.

[@dennym6270]

How’s that all going for ya now Stella hahah

[@truth135]

Bunch of scummy bankers think they're geniuses stealing from american people and then cry for help when they need some help, and the fuckin government gives it to them.

[@arthurcolle2778]

10 years later: ha ha money printer go brrrrrrrrrrttt

[@gmatic8230]

I come back to this video once every year. Gets more and more relevant. SPEND BABY SPEND!!!

[@martyjb11]

I had to explain the Euro-crisis at uni today. This video worked a treat!

[@octanewhale7542]

@Tim Loves Bacon HAHAHAHA responding to people 7 years later fucking hilarious

[@Slamdick]

@@octanewhale7542 😂😂 responding 2 years later.. respond back in 5 years??

[@rahraider]

Watching this in 2022, still champagne comedy! 🍾

[@brandonthetford7295]

Correct!

[@trishc9200]

Ha ha ha - yes! And now they're planning to do it with electricity!

[@nathancloke8970]

How and Why have I not come across these guys in 39 years !?!?!? Brilliant !!!

[@squiddie96]

"Sell everything immediately... quickly..."

[@blah596]

13 years and this is still as funny and relevant as ever... Bittersweet...

[@JimOHalloran]

Here because of KZbin recommendations... Rest In Peace Mr Clarke. I do wonder what you would make of the mess we're in now though.

[@planchetflaw]

A joke that becomes more relevant as time goes on is a true sign of how great it is.

[@wfermier]

I first saw this 13 years ago and I still get a chuckle out of it. I miss these guys!

[@ryanwporter]

This is one of my favorite Clarke and Dawe's. HENIUS! Correct.

[@christophermarshall527]

More relevant than ever as the amounts get ever higher!!

[@AleksPTA]

This video could have been made yesterday and still be on point

[@ponder2006]

"Hang on a minute what was the answer to the earlier question" baahahahaha

[@ShanesAutos]

The answer is in the Narnia cupboard written on a piece of paper in a box beside the Unicorn.

[@Xavura]

This is honestly the funniest thing I've seen all year, thank you.

[@octanewhale7542]

Sup

[@awddfg]

*_"Because it's owned by china"_* *_Well, it's true._*

[@michaelturner8634]

Yes Minister and Clarke,Dawe can make sense of these complex systems

[@liamodell7191]

This was the first skit I seen them do back in the day and I instantly fell in love with their comedy. However, what they were saying then is still true today.

[@markanderson3935]

R.I.P John Clarke. Always good for a laugh.

[@scotthermann4079]

RIP you legend

[@MatthewKennedy10]

1:59 "That's what I'm asking you!" "Correct"

[@octanewhale7542]

Are you alive ?

[@ianfitchett2768]

Never heard of this before and it's crazy to think this is 13 years old

[@MrJaspett]

Lovely, the icing on the cake being the advert after this pushing a currency trading course.

[@maxkeiser4835]

these guys are pure class !

[@GaTiger11]

"Aaaaaannnnnnd it's gone!"-----Banker Man on South Park

[@vernonhill7438]

Rest In Peace legend 😭

[@denopellegrino7326]

I saw this back in the day and it still apply today, great stuff..

[@arniet1]

ha ha. brilliant. You've got to love these two. Sarcastic wit. Spot on

[@lindahare-jay3966]

They nailed it. This is 2021

[@billkingston4402]

Brilliant, greetings from Ireland

[@N-cromancer]

2023 and Clark and Dawe are still relevant. Love it.

[@beijingbond]

I'm new to these two. They are brilliant.

[@LibertyDownUnder]

The "loans" issued between central banks are not really loans. The European central bank prints money and "lends" at very low interest rates (almost 0%) to Governments in Europe. This way everyone can be in debt to everyone else, but no one really had the money to lend out in the beggining. The price is paid by European savers, who lose the purchasing power of their money and are forced into speculation on the share market, property etc. It's all basically a legal form of counterfitting.

[@CIARUNSITE]

When the government does it it's not illegal is basically the only guiding principle of these so called democracies.

[@Mr0o0o0o0o0o0o0o0]

I like the spain italy cirkle most, like why keep the dept if the other party also owe you.?...

[@4Dada]

A mite sad when comedians tell more truth than the journos! Keep it coming Clarke and Dawe!

[@toriinprogress]

I needed a good laugh after class today and this did the job. A sad state we are in, but ya gotta be able to laugh at it. What else can you do?

[@ReiStarlove]

This is extremely relevant today.

[@robertwhite2449]

Brilliant. Still just as applicable today. One of the better arguments for Brexit ..

[@Showmetheevidence-]

These guys are great. So insightful :)

[@padstowphantom]

Used enjoy watching these guys on Thursday nights. Sometimes they were subtle with a feather light touch. Other times as subtle as a sledgehammer. 😂 And it's my turn to ride the bike.

[@MrTorcida1976]

Lost a gem in the passing of John Clarke :( No doubt making the Big Man upstairs laugh with his witty charm....

[@frankstock2]

You guys are a class act, put a smile on my face! takes me back to Abbott and Costello, the Marx brothers...well you know, all the best from a fan in Canada.

[@harfast10]

Would that be Tony Abbott and Peter Costello?

[@MrDwibbley]

One of my favourite

[@teedee6176]

Here in 2020 from Maneco64. Absolutely brilliant video!

[@davidgoodnow269]

I am so glad I took the referral from "What's Going on With Shipping." This pair is brilliant!

[@leviathan1788]

Yep.

[@fullborev8906]

Well, it's absolutely true. Except that now, it's far beyond just the U.S. economy. RIP Clarke.

[@Athie0]

Brilliant on point... 12 twelves year later on. The new software on the bad hardware didn't work out.

[@michaeljones6832]

Fuck i miss these guys. Def in my top 10 comedy of all time

[@haroldmclean3755]

Clarke & Dawe were the Greatest 👍 Sell everything immediately

[@splinter1012]

2022 and how the heck is this still so relevant and applicable eh?!

[@37Dionysos]

"Bit of a lolly-scramble, Brian!" "Correct."

[@ThomasTheRockStar]

WE DID NOT HEED THEIR WARNING

[@Piet-d1j]

Absolutely love this guys eyes and laugh. There's so much expression en mischief in his eyes

[@supernutkin5122]

So true even today, June 2022 .....

[@426LV]

2014 and this problem is still going on.

[@eagleartillery1361]

2016 and the bubble is still getting biger and biger

[@danoconnor6272]

Bruh it's 2017

[@slick2517]

2018

[@hmmmmm456]

2019

[@joejingojack]

Booom!!

[@hansgul8923]

Only lost a million dollars? And that’s quite good isn’t it? Sell immediately! 😂😂😂

[@djblc2201]

Who’s here in 2022 and it’s worse than we ever thought ? CORRECT !

[@TheJameswaugh]

THIS IS SO RELEVANT IN 2020 LOL. "because it's owned by China"

[@matthillfromcollege4109]

How is it more relevant in 2020

[@Ozziemick]

Lol love it. Sharp wit both of them 😂😂😂😂

[@LotusArtsCreations]

Brilliant! Well put!

[@Mechness]

@MarshallBF Did you watch the video? It specifically covers Italy and Spain owing to each other... No country has zero national debt and in fact debt has been far, far higher in the past. The real issue is a sudden aversion to borrowing which has destroyed market confidence and stalled the world economy. WRT Eurozone debt... if one Eurozone country owes euros to another, this has zero net effect on total Eurozone liabilites. They "spent their loans", but the money still exists somewhere.

[@VorpalDerringer]

You guys are awesome!

[@DuckReach432]

If you steal a million, you go to jail. If you steal a trillion, you get a seat at the table.

[@lauriewise6271]

these guys are the best. I have heard more truth from these guys in minutes than you will ever hear out of a politicians mouth

[@shanekilpatrick3378]

They crack me up every time 😂

[@jimlagos]

Sadly it's true. Common man suffering as a result as totally incompetent "experts"

[@TK-ee1wx]

suffering because of the billionaires, not the people trying to explain why the billionaires are ripping us all off.

[@edwardheaney3641]

@@TK-ee1wx If you took every billionaire and took all of their assets, magicallly turned them into cash money, you could fund the government for about 6 months. Then what?

[@crimsonstrykr]

@@edwardheaney3641 The point is to not let billionaires mooch off everyone else - they don't really add a whole lot to the economy anyhow - I mean the individual billionaires not the companies they own - those add alot to the economy.

[@cambsfarmer]

And that's the best description of why the euro will eventually fail

[@CelticSaint]

Just keep answering the questions Roger! lol

[@TrascyJaac]

NZ still loves you Fred!

[@mikeoz4803]

I miss these hard hitting, honest video's. Just fake news propaganda now

[@jamesmags]

This is great to watch right after buying Gamestop shares.

[@earlgraystoke3883]

"Who's on first?"

[@joekerr3638]

Correct

[@TheVanderbar]

Why is this not more popular! This is fucking awesome!

[@thewulfone]

Same thing here in the US. It hurts more than just savers. Low wage earners, which with inflation wages should go up, but the corporations don't like that. It hurts people on fixed incomes (social security), welfare and so on. But same thing here.

[@joeyf504327]

we need new comedians who are educated and correctly understand the absolute non-sense going in the world gov't and the balls to call the bull sh!t out

[@leepialong]

not quite, if you include the total debt, mortgage, student load, personal, state/local debt and few other debts. we have around 225+ Trillions dollars

[@seanjoseph8637]

Out now!

[@MHBGT]

2020... Still relevant.

[@MattyI971]

2022 !

[@Lorgar64]

My country (England) back in 1971: "Hey so, what if as a rule we just spent more money than we have, forever?"

[@angelmtza]

SELL EVERYTHING IMMEDIATLY! QUICKLY!! Best financial advise I have heard in a while, I think I will follow his advice too!

[@Smoke-Plays]

This is brilliant

[@tonywilson4713]

*14 Years LATER* *14 Years LATER* *14 Years LATER* *14 Years LATER in December 2024 and this is still on point and still relevant.*

[@tovsteh]

It said: "you can skip this ad in..." and the timer was as long as the commercial. >:(

[@GCEXTREMEMN]

What's wrong with the European economy? The front fell off.

[@murraystewartj]

2021 and this is still current. Wasn't it Einstein who said that the definition of insanity was repeatedly trying the same thing yet expecting different results?

[@angelmtza]

@SandipDev Why not, I'm always open to new ideas as long as they are good. Bring them on please!

[@okcantbelieveit294]

These guys were brilliant! 😂

[@MisterMotel]

this is so brilliant

[@godzillafelis1904]

Very well done