Remember kids, more than 15 years later these crooks are still running the show.
@Paintball12122 ай бұрын
And that is because you keep voting them into office...
@NunyabusinessCNTАй бұрын
Yeah running the economy into the fucking ground.
@thebeerhunter98Ай бұрын
@@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.
@citizenscapital2458Ай бұрын
@@Paintball1212 , most of the culprits are unelected. They are professional criminals and con men.
@u4w8cmdd23 күн бұрын
@@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!!
@timkjazz7 ай бұрын
And the moral of the story is - When everyone is in on it, no one will be punished. Ever.
@glaizajoeyАй бұрын
spot on!
@charlesbosse9669Ай бұрын
I'm sure many were paid well,l8ke Hank Paulson,Ben Bernake,and Greenspan too.
@oduetsemosinyi3425 Жыл бұрын
it sucks how some of this documentary is muted other than that i love it
@Degenerate04 Жыл бұрын
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
@ToxicSunrise132 Жыл бұрын
@@Degenerate04Ah, so it a "KZbin 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
@JNO1972 Жыл бұрын
The interviewer mentions ‘criminal activity’ and it goes mute for a bit.
@Degenerate04 Жыл бұрын
@@ToxicSunrise132 tbf it was probably a valid takedown. i highly doubt some random youtube channel has the copyright to a documentary of this quality
@jasonhenn734510 ай бұрын
@@Degenerate04 🤔
@tommychestnut53352 ай бұрын
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
@Patriciacraig5992 ай бұрын
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.
@traviswes70822 ай бұрын
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.
@Alejandracamacho3572 ай бұрын
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
@traviswes70822 ай бұрын
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.
@jessicawesbond23122 ай бұрын
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.
@handyallen Жыл бұрын
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.
@daryl6957 Жыл бұрын
Agreed.
@dmimz769110 ай бұрын
It’s sickening, and the corrupt media never says a word.
@MrTrevorDidier10 ай бұрын
Who do you think owns the media? ( ^.^ ) @@dmimz7691
@alizapenelope10 ай бұрын
@@dmimz7691the media is owned by the billionaires
@Red1Green2Blue37 ай бұрын
@@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
@dmimz769110 ай бұрын
The algorithm has been hiding this gem from me ! Thank god I came across it. Absolute gem
@danielgc1970 Жыл бұрын
Money doesn't change who you are, It reveals who you are.
@frank-bmtz11 ай бұрын
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.
@debbielwilliamson854611 ай бұрын
I think it depends on the amount of wealth. When speaking of hundreds of millions of dollars, that amount would indeed change a person.
@dmimz769110 ай бұрын
Ha, very clever
@gregorylyon100410 ай бұрын
Most humans are greedy
@HamBone123456789ten10 ай бұрын
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.
@suminshizzles6951 Жыл бұрын
Watching this is enough to make your blood boil with anger.
@podunkest6 ай бұрын
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.
@SAMWsfegYT5 ай бұрын
and they made us pay for that which should be illegal. why should we have to pay for their mistakes and their fraud.
@openmoviearchives73815 ай бұрын
@@SAMWsfegYT Instead we reelected the POTUS that let them all off the hook. That should be Obama's legacy.
@redflag42553 ай бұрын
Wait till you watch Europa the last battle.
@andnear0U812Ай бұрын
@@openmoviearchives7381 seems you don’t understand the governmental branches
@ЯрославаГудим-м8ф11 ай бұрын
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
@volkerkalhoefer397310 ай бұрын
The pure fact that KZbin has to delete the sound here and there, gives a inclination of how much power these institutions wield
@TDX30005 ай бұрын
Stfu It’s because of copy-write implications, not a conspiracy.
@citizenscapital2458Ай бұрын
@@volkerkalhoefer3973, Google/KZbin has become one of those institutions. The manipulation of videos on KZbin are wide spread.
@jake1246626 күн бұрын
@@TDX3000 It's spelled "copyright," not "copy-write."
@Campbell95711 ай бұрын
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.
@christianaemilio111 ай бұрын
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.
@williamsdavis.11 ай бұрын
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.
@linardskinard819910 ай бұрын
Bidenomics
@mz190610 ай бұрын
SNP 500 returned 26% last year, what are you smoking, my guy
@Red1Green2Blue37 ай бұрын
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
@OwenRoberts-ls4se2 ай бұрын
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.
@PrettyPrincess9609 Жыл бұрын
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.
@TheMagicalPoison9 ай бұрын
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.
@helenachase56277 ай бұрын
Sorry to here that.
@hecateswolf60076 ай бұрын
That's awful and unjust but remember at least you have your souls, unlike many people featuring in this revealing documentary.
@eegernades2 ай бұрын
@@hecateswolf6007 soul isn't worth anything in this world
@brutonano952111 ай бұрын
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.
@seph8529 Жыл бұрын
“Global Ponzi Scheme” - the best way I have ever heard it referred to.
@jennypennylane58515 ай бұрын
Couldn't have said it better myself.
@samfisher2306 Жыл бұрын
This video should have millions of views imo. Incredible!
@paulgoldberg7076 Жыл бұрын
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.
@drjhale9801 Жыл бұрын
Right stay out of debt and do not swim with these sharks 🦈 It’s starting again beware of the upcoming crash 💥
@assmonkey920211 ай бұрын
@@drjhale9801 stay out of debt? What? Just don’t take bad debt. Take on as much good debt as possible
@intheskies808110 ай бұрын
Man said take on debt what a r8@@assmonkey9202
@FergBent2.48 ай бұрын
Me too
@noddybebetrain9896Ай бұрын
@@assmonkey9202ur a greedy moron
@johnsmith222110 ай бұрын
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.
@TargetRenegade Жыл бұрын
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.
@anntaylor5948 Жыл бұрын
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.
@gregdiprinzio9280 Жыл бұрын
Amen!
@Dmanz67 Жыл бұрын
There is no hell and these people are well aware of that.
@gregdiprinzio9280 Жыл бұрын
@@Dmanz67 Is that why they are so afraid of Christians?
@Thommmmmm124 Жыл бұрын
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 😂😂
@thesoultwins72 Жыл бұрын
@@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.
@s.d.34924 ай бұрын
It will happen again in the not-too-distant future. After watching this, how can it not?
@eegernades2 ай бұрын
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.
@jeffreycheng59847 ай бұрын
"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.
@anaandrade170510 ай бұрын
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 .
@ChrisHonea Жыл бұрын
Amazing video. You asked very tough questions and some of these crooks just had no answer….brilliant.
@LeBronIsgLoat Жыл бұрын
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! 😊
@tiburc1010 ай бұрын
My brother this doc literally won an Oscar
@NZKiwiRic8 ай бұрын
Anyone else have the sound cutout when the round table boss starts defending "criminal activity" question?
@Smith345674 ай бұрын
Yes , very irritating.
@dylanmoris6211 Жыл бұрын
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.
@KelvinWallace Жыл бұрын
@@LionTowercoporation Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
@KelvinWallace Жыл бұрын
@@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
@-Swamp_Donkey- Жыл бұрын
I know you are, boomer. But you should be more concerned with your children and children’s children.
@celiacruzazucar66308 ай бұрын
World leaders don't seem concerned for thier children's children. @-Swamp_Donkey-
@Skaevs2 ай бұрын
no, it's way tougher on millenials and Gen Z.
@thekagifret Жыл бұрын
Fantastic documentary. Should be required viewing for our young students.
@svatekzprahy11 ай бұрын
I can listen to this man's voice ALL DAY 😊 Bravo, Matt!!
@cblse5 ай бұрын
I was disappointed when he started doing ads for Bitcoin investing.
@sujitkumarsingh3200 Жыл бұрын
This is a really well researched and development documentary. Thanks to everyone who contributed in creation of this masterpiece.
@tiburc1010 ай бұрын
That's why it won an Oscar
@justingurley83610 ай бұрын
I’ve watched this over 6 times in the last 10 years. So, so well done.
@CJEngelbrecht Жыл бұрын
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.
@ji945527 ай бұрын
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.
@Skaevs2 ай бұрын
Funny how the world works.
@Roberta-my7qr Жыл бұрын
This is an instance where a public trial, at the scope of Nuremberg, should have been held. These people have committed crimes against humanity.
@gabeclaufredd1099 Жыл бұрын
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.
@Roberta-my7qr Жыл бұрын
@@gabeclaufredd1099 well aware. Only cure is bank nationalization.
@FergBent2.48 ай бұрын
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
@Lisa-vw8pv Жыл бұрын
1:06 is the best part. Love the music in the background. This should be required viewing for history, econ, and business school students.
@Skaevs2 ай бұрын
it's a misleading documentary. Very left-leaning and keen on blaming the financial sector for the entire crisis.
@markbaker2629Ай бұрын
@@Skaevs You have got to be kidding 🥴🥴 I’m from this industry and know full well of how corrupt the system is.
@SkaevsАй бұрын
@@markbaker2629 sure, but there were many other factors.
@junfrias9188 Жыл бұрын
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..
@SenjiaMurtic Жыл бұрын
I love MONEY! Taking care of business!
@andys208 Жыл бұрын
Start with politics they are at fault
@rouyamam26117 ай бұрын
The clearly don't give a f*. They laugh in out faces !
@jbwentworthe6082 Жыл бұрын
10/3-/23 The audio cuts off, several times during viewing this video. Otherwise, a valuable education. Thank you. USA
@skivvy35654 ай бұрын
Looks like 2008 was just a practice run, we’ve learned nothing since then
@carmelbrain7399 Жыл бұрын
The more things change, the more they stay the same
@1986jon19 Жыл бұрын
The only thing that changed is the wealth gap got bigger
@jennypennylane58515 ай бұрын
Exactly.
@geyerbrad1 Жыл бұрын
"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."
@gowdsake71033 ай бұрын
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
@smilodontiger567511 ай бұрын
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.
@xoxo_00__0011 ай бұрын
some things were literally criminal
@smilodontiger567511 ай бұрын
@@xoxo_00__00 Like what ? Derivatives were not regulated.
@gregorylyon100410 ай бұрын
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.
@shoazdon70006 ай бұрын
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
@smilodontiger56756 ай бұрын
@@shoazdon7000 Unlike 1 or 2 countries, there is no such thing as the 'morality' police over here.
@Roberta-my7qr Жыл бұрын
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.
@Sense20243 ай бұрын
This comment didn't age well....
@sujitdsouza Жыл бұрын
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 !!
@bizquikboy Жыл бұрын
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.
@renechang2406 Жыл бұрын
You know what this is called. The crafty way of using semantics misdirectional language to disguise theft.
@jimruble57497 ай бұрын
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"
@Skaevs2 ай бұрын
Never sell!!!!!
@flexabu9 ай бұрын
“I have no comment… no, no regrets. I have no regrets.” - All of them
@Knk.074 ай бұрын
Brilliant documentary! Sickening to watch this level of corruption 😥
@chitu2338 Жыл бұрын
Excellent documentary , but very , very sad
@kikibummie Жыл бұрын
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?
@daniello915510 ай бұрын
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.
@somecolbyguy1833 Жыл бұрын
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 :)
@renechang2406 Жыл бұрын
Shit show. More like outright stealing and disguising it with deceptive semantics language.
@brighttamie25 күн бұрын
Thank you for this education! I can't imagine the courage and sacrifices you have put into making this documentary.
@travarelli5704 Жыл бұрын
Still so infuriating.......and frightening. None of these 'wise men' have a clue as to what they are doing.
@greengelacid2061 Жыл бұрын
According to the documentary we just watched, they knew exactly what they were doing…we are the clueless ones, I’m afraid…
@gregorylyon100410 ай бұрын
They knew exactly what they were doing. Stealing
@sarahweaver8879Ай бұрын
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.
@renatosassone-corsi1042 Жыл бұрын
Excellent report, thank you.
@urbugnmetoday3183 Жыл бұрын
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
@gregorylyon100410 ай бұрын
Absolutely. 200K loan with 5K down making 15 dollars an hour. Lol
@Skaevs2 ай бұрын
subprime mortages baby
@graceagb Жыл бұрын
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
@Andyholt Жыл бұрын
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.
@danielt.tremaine Жыл бұрын
@@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
@anitaj.bartley Жыл бұрын
@@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
@marier.sherman Жыл бұрын
No doubts, I started following expert Mrs Ava Kimberly about a month ago and I can burst of $80k on my trading account from an investment of 20k
@debra.lucas-jr1uh Жыл бұрын
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.
@Hiram10009 ай бұрын
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...
@noelghallager467211 ай бұрын
audio cuts out at multiple points in this documentary... surprised this isn't mentioned more in the comments
@GaneshKumar-hy6ex5 ай бұрын
Thank You ❤ I watched till the end!
@rudolphbritz8836 Жыл бұрын
Watching this in 2023. Nothing has changed. Why is the States not considered to be what it is? Absolutely corrupt and entirely unrepresentative.
@uthams11 ай бұрын
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.
@stephaniecooper6601 Жыл бұрын
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
@TDX30005 ай бұрын
He don’t trust banks? Lol. Your writing is exceptionally poor.
@Skaevs2 ай бұрын
work for a bank instead
@hdcsp3 Жыл бұрын
Excellent documentary This is the best description of what, how and by whom the crisis happened. Buckle up....similar events are unfolding currently.
@andnear0U812Ай бұрын
Yes indeed ten months later and they still are. They are handing out credit to very poor risks
@BlacktulipSF7 ай бұрын
there is a relation between 9-11, the war in Iraq, the financial crisis 2008, the Ben Gurion Channel and the genocide in Gaza.
@MersinHasan-zh5cs5 ай бұрын
Amazing job! A nice doc for showimg the real face of greedy people...
@moose272727 Жыл бұрын
It's really very simple. Smart people go into the financial industry and not so smart people go into the government industry.
@daryl6957 Жыл бұрын
That's, cunning.
@heidisaglund344310 ай бұрын
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.
@FergBent2.48 ай бұрын
Massive congratulations to those who made this documentary 😊
@Amitkumar-fp9no Жыл бұрын
Matt Daman story telling, has made this documentary more Enjoyable
@jake1246626 күн бұрын
**Damon, not Daman
@sotak77Ай бұрын
Great information thanks 😮
@sdnalyam Жыл бұрын
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.
@paradise6606 Жыл бұрын
You are high if you think our votes count.
@suminshizzles6951 Жыл бұрын
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?
@AddzieG Жыл бұрын
I fully expect a recovery of the recession we’re in, what I’m scared off is what happens in the next 20years
@gregorylyon100410 ай бұрын
I don't think that America will ever recover from the 2008 financial collapse
@brahand Жыл бұрын
The sound - at least on the iPad I use - comes and goes.
@nicolasbenson009 Жыл бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@TruthShallSetYouFree2023 Жыл бұрын
it’s a-fraud not uncharted territory , the whole system is a fraud and we are the sheep who obey!!
@walterspaceman5592 Жыл бұрын
You can invest in 5 % -6% government agency bonds. LIKE Fannie Mai . Look them up the government will not allow these 6 agencies to fail. Or CD's at 4.5 guaranteed. Everything else is a casino with everyone jumping into only outside the United states mutual funds. MCFI . BEST WISHES.
@kerrymarris4260 Жыл бұрын
Gold
@Skaevs2 ай бұрын
stocks
@sammeanor1293 Жыл бұрын
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).
@genossinwaabooz437311 ай бұрын
That was done for censorship reasons. I also wondered at first.
@tipsandhowtovidsbybrianpal728211 ай бұрын
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
@butchwatson302511 ай бұрын
Everything except for the last ten minutes of this documentary is worth watching.
@chesthoIe Жыл бұрын
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.
@steveg771811 ай бұрын
Brillian Documantary, "Engineers build bridges, Financial Engineers build dreams, that can become nightmares". and get paid loads more.
@minnax8939 Жыл бұрын
Wonderful job! So pathetic are the academicians when they decline further talks about their earnings from these companies
@larrylamb3480 Жыл бұрын
Simply " conflict of interest ".
@thekagifret Жыл бұрын
Their arrogance was breathtaking…give it your best shot! Wow that guy made me sick
@kevinm.93237 ай бұрын
Where do you think bankers learn this behavior? Colleges must exist to keep these self described elites in control
@hugohabicht99572 ай бұрын
Hard to spot a single person who isn’t a criminal
@michaelbryant2071 Жыл бұрын
Capitalism mugged Iceland just like a drunk on Skid Row.
@michaelbryant20719 ай бұрын
Ireland felt the same wrath with land and real estate speculation.
@TDX30005 ай бұрын
What!? That doesn’t make any sense.
@redorka64677 ай бұрын
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.
@joseornelas1718 Жыл бұрын
I like the part where Barney Frank is still on the Board at SVB after guiding them into ill advised purchases of T bonds yielding .75%
@jasmincampbell8105 Жыл бұрын
So the people responsible walk away with all their money and the citizens are punished by losing jobs, unaffordable housing, and lesser quality of living 😢
@gregorylyon100410 ай бұрын
Yep. And America never recovered from it. And we never will.
@Skaevs2 ай бұрын
and you paid for it with your tax money
@gjlite4947 Жыл бұрын
Sound drops out for 1 minute at around 20:00. Again briefly at 22:00, 42:30 to 43:35
@brahand Жыл бұрын
Nice to read. Then it is not my device that is faulty.
@KinG-tz5cm Жыл бұрын
probably for copyright reasons if i had to guess. maybe the song
@joshryantt3 ай бұрын
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.
@raptureexcelgroup6113 Жыл бұрын
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.
@dongrandmaster37875 ай бұрын
Interviews during the accountability chapter are amazing. It reveals how predatory and opportunistic those who are entrusted on next generations Those professors should be sent for a long time behind bars with their books, lectures, papers, and articles that must be banned from circulation
@davidf7883 Жыл бұрын
YT cut the audio right after Scott Talbot uttered the words "criminal activity"...
@ErikBramsen10 ай бұрын
Great docu, but why is there pieces of the sound track missing? Legal or technical problems?
@wendyrosee9 ай бұрын
I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?
@vincentstewart18439 ай бұрын
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
@janejane3869 ай бұрын
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
@janejane3869 ай бұрын
Kate Floretta in stagram
@janejane3869 ай бұрын
Google "katefxfloretta" anywhere take classes and learn to trade.
@Mayor12489 ай бұрын
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
@julianboone95422 ай бұрын
Investors in financial institutions or banks should keep in mind that this documentary fundamentally shoots straight however the use of the terms “bank and financial services” is a shame. The banks and financial services companies should but didn’t use the correct source of the whole crash. The top echelon of CEO,’s made the hundreds of decisions that walked right into the mess knowing the end was coming that would wreck the middle class. These guys are still doing what they did.
@Skaevs2 ай бұрын
Don't let them deregulate. Vore for presidents that keep the financial market regulated!
@TanujAbhayKhanna Жыл бұрын
Raghuram Rajan himself messed up the Indian economy during his tenure as the Reserve Bank Of India Governor. Glad that he has been kicked out.
@TheCD45 Жыл бұрын
Awesome documentary!!!!
@andreweasson6653 Жыл бұрын
How the f can there be no rules or regulations and when there is a problem then the gov must bail you out just confusing the normal people suffer .
@JJSo123456 ай бұрын
Unfortunate that there are several times during this video where the volume cuts out.
@willmpet Жыл бұрын
Bernanke, Paulson, Geithner, and Summers are all guilty!
@healthyone100 Жыл бұрын
and will never be held accountable!
@michaeloneill13604 ай бұрын
EXCELLENT!!!
@joesalgadSF415 Жыл бұрын
Wow I didn’t know those universities professors did that kind of jobs and getting paid very well. Why are they still teaching? They should get fired from those positions.
@yanayoriginals8498 Жыл бұрын
They got those Board positions because of their teaching jobs and influence over the government who looks up to the academe as the know-it-all.
@gregorylyon100410 ай бұрын
Professors get paid very well
@dotsovertonesinging10 ай бұрын
While this is a very unique take on the story, I think the investigation was stressed to drive a particular point of view. While I am on the underdog side, the good guys were not as grilled as the bad guys...with a few out of topic questions. An example of a balanced story is why should people take advantage of the ninija loans knowing they are wrong? Of course its very easy to show why things Didn't work after the fact, but lets keep it balanced. Ultimately, people take on the behavior of their captors...