"What's Coming Is WORSE Than A Recession" | Richard Wolff's Last WARNING

[@vmaxwell]

When a country as rich as the US hollows out the middle class and leaves its people struggling to make ends meet, while simultaneously allowing the ultra rich to increase their wealth exponentially, the decline of the American empire is inevitable.

[@Fiola_M]

Same thing is occurring in crappy Canada where tax dollars are being used to fund stupid wars overseas while a dumbed down population drowns in debt with shitty health care and poor infrastructure!

[@elizabethmurray5718]

I hope that is in the process of changing. Social Security cannot even cover a small apartment and running it, let alone healthy meals.

[@Brittanicus-y3v]

@@elizabethmurray5718 75% of my social security check goes to the rent. I've been on food stamps for 15 years and I use a bus pass (no car for 15 years). I've been going to food pantries for 18 years. I have Medicare but my dentist recently rejected my Medicaid. My BA, MS, computer literacy and fluency in Spanish are worthless. I had 50 jobs all ending in firing, resignation and outsourcing. Two thousand resumes ignored. Ten home businesses all failed. I earn $50 a month writing articles. My COLA this past New Year's Day was TWO POINT FIVE PERCENT!

[@elizabethmurray5718]

Let's remember USA allows over a million LEGAL immigrants every year. We really don't need their drug cartels and criminals taking refuge here in this country. We also need to encourage other countries to create safe countries with law-abiding citizens.

[@davidfryer3267]

@@elizabethmurray5718 The problem is that USA foreign policy has done precisely the opposite since the 1970s. Not only has this contributed to the migration crisis, but it has also made it easy for China to form alliances and economic partnerships. The US is even doing its best to alienate its allies in Europe. America first and everyone else last is not a winning formula.

[@epflrz1625]

Maybe people will finally wake up to the fact that politicians and Corporations don’t care about anyone but themselves. We are on our own!

[@Chrislunarlight]

Most people are just as selfish.

[@MikeMorgan-nd9tx]

I hope you have already woke up to the fact that government doesn’t care either.

[@bertbakker307]

@@MikeMorgan-nd9tx I think the government and politicians are governed (paid or bribed) by corporations.

[@Nwladylaura369]

Tax the corporations and the super rich! But that won't happen with the Orange Oaf in the WH!

[@ciscoguru69]

@@Nwladylaura369 Trump and your naive take aside... Lot's of money or wealth provides options average people don't possess. If you place onerous taxes on the wealthy or corporations, they will eventually exercise their option to move their money or corporations where there are less taxes; taking jobs away from areas where people need them.

[@queenril7]

We worked many years for that Social Security check! You didn’t give us “NOTHING”, We EARNED every bit of our Social Security Check through sweat and tears!

[@carmenmcmichael6030]

They got caught with their hands in our own SS cookie jar. They owe us millions per person!

[@butameremortal9424]

Amen! They have tricked ppl into thinking it’s some sort of hand out and is Taking 💰 from others pockets. Which simply isn’t true!

[@Julie-p5y]

Yes but these corrupt Republicans have been stealing from. It for who knows how long and you know it was only growing all along and was collecting interest if not being invested and therefore growing multiplying constantly if they didn't steal from it there would be more than plenty there but these greedy deceptive posers just want to take as much as they possibly can from the most vulnerable citizens in true cowardly fashion and give to the people who absolutely do not need it or benefit from it . Nothing good or worthwhile comes from it . They get greedier and greedier

[@Mexicobeanpole]

Every stinkin dime!!!

[@rlif9991]

Not really. You paid half and your employer paid the other half.

[@BonnieBentz]

I do agree with you 100%. I have stopped spending on anything that is not absolutely necessary. I want for nothing. I'm a senior. I'll be 65 in a few months and I'm spending no more money on anything that I do not need

[@CamelTbag]

The issue is your cash in your bank might be worthless and not accessible when shit hits the fan.

[@dwhitman3092]

​@@CamelTbag And there's not anything we can do to stop it, now that the oligarchy is coming into power.

[@JamesNeubauer-z3v]

​@CamelTbag that could be, but if you do not lookout for yourself no one else will.

[@lisamcallister6534]

I keep buying antiques, good ones. So much enjoyment and some investment!!!!

[@Jamie-b2e]

I've thought about that. ​@@lisamcallister6534

[@peterhughes8699]

By way of comparison the minimum wage in Australia is now $24.45. It goes up almost every year and is managed by an independent (of government) body. The US has always been a cruel and heartless country imo

[@patricialongo5870]

If wages grew with the US economy, people would be doing very well, but so would the social security fund. Americans hate that possibility and want only poverty, precarity and hard work!

[@nunmar100]

Cruel europeans started with the indigenous of the Americans.

[@PaulieTan]

We have corrupt deceitful self serving oligarchs Billionaires only there for themselves including this newly elected administration his chosen cabinet his nepotism n Elon Musk!

[@Globe-m6z]

Cruel and heartless sum it up nicely....

[@robertjohnston8876]

They worship the Almighty dollar

[@robklomp9610]

Greed is killing the world 😢

[@qa4057]

Greed has always been killing (Not the world) human civilization.

[@edouble7843]

Pelosi and Biden......

[@hannahkinnear7701]

Corporate greed and tax avoidance - Corporate tax needs to be strong, rather than non existant

[@encouephrem5799]

Greed is everywhere ❗️Including in families 😢we are possessed by the 😈

[@sassymo529]

And where are they going ????

[@NomadicArtist-p2q]

I'm taking this opportunity to change how I live and live with less. I wish everyone the best and hope people find compassion with one another.

[@bartsolari5035]

Unfortunately, what you see as an "opportunity" is not available for the vast majority of Americans, it will be a necessity for them. These individuals will have to scrape together what they may to keep a roof over their heads and food on the table. It’s coming, the fat lady will sing and no one will like the song. The kicker, like it or not, will be that China/BRICS will be the main provider of what Americans buy. Costco, have a look at all the goods piled above 10 feet…box after box, Made in China. Yah think the UAW can build you a cheaper yet practical car rather than China.

[@lucafrattini2484]

"Wealth consists not in having great possessions, but in having few wants" Epictetus ❤❤❤

[@clytchan]

You’re right, everyone should adopt a minimalist mindset. “The more you know, the less you need.”

[@Boobook663]

@@lucafrattini2484 Good quote I agree

[@newtkar4067]

I have been building for this for awhile now. Just about everything it takes to live, such as food, water, power, I supply myself. I don't have all that much but I don't need much for myself, only the basics. I can and will survive until people try to move in on me and take bc they don't have anything, that will be a mistake on their part to try! People best start planning if they want to survive. I will protect my properties and my life at whatever cost. Trumpism is coming, BAD times are coming and those bad times will last for many years im afraid!

[@tammyburke9453]

I'm 68 and realizing this was my life. I never knew a time without social security and can't imagine that. This was/is a govt program initiated to help seniors. I am now a senior. It is amazing to me to hear ppl want to roll back support. Roll back health benefits. Roll back meals for kids. Roll back.............all of the govt programs are helping ppl to thrive which in turn helps our country.

[@kimberlyupton8143]

I want the government to regain sanity. For many decades the democrats (and many republicans) have told us that we can "borrow and spend". Those of you who keep saying "don't touch my social security money" are living in a dream world. There is NO money in the "trust fund". It was all a pyramid scheme.

[@TC-8789]

Many of us young folks have been trying to say this. All we got was decades of elders calling us lazy and entitled.

[@peggy2622]

@@TC-8789 I understand you're statement, but it wasn't all elders. It was our government of the rich and elites. We failed a large portion of our youth in almost every aspect of life. I have 2 living adult children busting their a$$es trying to find and keep a 'liveable' career. It's sickening what our government pushed on all of us. Sometimes things get really bad before they get better. I'm hoping they've learned from their mistakes and will try to do better moving forward.

[@manueldavidson1398]

You are exactly right ma'am.

[@toddroebuck3214]

The retadigan party highjack the meaning of entitlements. Social security and Medicare is something we pay into with every pay check. With that said the true meaning is we the people are entitled to those programs. Period

[@lexhemart]

Every person pays into Social Security, Medicare and unemployment. It’s not anyone’s money but the people’s.

[@marijkelandman7570]

In a normal world this would be true. But as China owns USA’s debt, so all your taxes go to China and NOT back into your system as it should.

[@francesescola4691]

​@@marijkelandman7570 Social Security is separate trust fund. It is called a tax, but it is actually a fund.

[@skankhunt3624]

​@@marijkelandman7570not really how that works.

[@johncartwright243]

@@skankhunt3624 ......just wait and see.

[@Nomadic1too]

These are contributions collected as "taxes". The government has - unfortunately, but matter of fact - no obligations whatsoever to disburse any of those back to the taxpayer. there have been numerous lawsuits since the mid 1940's to that extent that the government always won. GW Bush took $1.3Trillion out of the Social Security pot to pay for his tax credits to the ultra rich and corporations, and to finance the unjust war in Iraq under the falsified pretense of WMD - and he never paid the funds back into SSA.

[@johnpapadopoulos9057]

Let’s not forget the invisible hand of the ruling class that ensured education would not produce folks with critical judgment.

[@denisemorton56]

Its only invisible because its not pointed to. But its there, like the nose on our face.

[@amandabosca1714]

Democracy depends on a population who can think critically and half of ours cannot. Now MAGA are repurposing schools to brainwash children to be their future base. Florida and Texas are examples. This is very dangerous.

[@edwardiganz2478]

Well said, however its not as invisible anymore. They just shift the goal posts more often with law changes and more scams disquised as benefits for the now none existant moddle class.

[@marytaylor2381]

And let’s not forget all of the wonderful teachers that went against that and did teach critical thinking my father being one of them

[@patriziacasagrande3833]

that's not the fault of the elite that is your own damn fault. you have to want to be a critical thinker which requires doing your own homework. your laziness is not anyone's fault except your own lack of character.

[@mfcabrini]

In the 1990's I was sitting on a plane next to a Japanese man who told me something I will never forget: "We are living in the end of the golden age of America."

[@dannymuhammad8321]

What you don't realize is it's not supposed to continue to be the Golden Age because we're not starting. Were evolving.. And as Americans we take responsibility and move forward. When you start talking about the Golden Age you start talking Like a person who's retired. We don't want to hear that. And young people definitely don't want to hear that.. There is no going back.. There's no such thing

[@jamestemple8970]

There is no such thing as the golden age of America.

[@jacobjohnson8900]

@@jamestemple8970 native americans lived in the golden age, until the colonizers came, and then this land would be forever doomed.

[@JayPea-zu7ue]

@@jacobjohnson8900and now they want to deport you.

[@abelreyes1418]

The only reason it was the golden era it's because it was ALL CREDIT it was a fantasy

[@themominator4745]

Another terrible ,sad fact- we keep re-electing people in our local, state, House, Congress, and other politicians who benefit from big pharma, tech billionaire donors, and foreign associates.

[@AlexReims]

It is for the people with voting rights to demand that political contribution be limited. Canada has a limit of 2,000$ while most European countries have a limit between 2000 and 5000 Euros.

[@notbrandonion]

You say we keep re-electing these people as if not all politicians get bought despite the heroism you think they display.

[@pawtailspetsittingservices6883]

It continues because citizens united 'dark money' controlling elections...

[@yoonchin5828]

and of course continue our denial of realities.

[@AlexReims]

@ The reality is what the people in command have into their hands, it is the result of their past actions of the result of the past legislature if the person in command (whatever P.M. or president). About reality, Trump will create a reality (as he already started to bully everybody) that can't exist. Denmark, nor Canada nor Panama will grant the US, access to their respective country. I just hope that the Americans will wake up and stop voting for a Party that has created a lot more problems than it brought solution during the past 50 years.

[@rozchristopherson648]

About 10 years ago, I read that if the US had kept up with the cost of living, minimum wage would have been $18 per hour. That was 10 years ago. So by now, that wage would be even higher. Most wages are kept low in order to ensure higher dividends to investors. I say this as a former stockbroker.

[@StrainXv]

Again, minimum wage is not a living wage or by any means a good occupation. Minimum wage is the bottom line for unskilled or nontrade labor.

[@Ltor00]

I’ve always thought that the stock market and investors are the main problem in our country. A very simplistic explanation is that a company needs investment dollars to bring a commodity to market…. But if the company does not meet the earnings FORCAST that is determined by outsiders, the investors leave. So a company cannot just make enough money to survive and give their employees a living wage, they must always squeeze more and more dollars out of every corner of the operation.

[@brandondelgado7731]

@@StrainXvifwe fo by what FDR proposed and claimed in his fire side chats and writings, he absolutely meant it to be a living wage and baseline.

[@StrainXv]

@@brandondelgado7731 intent and results are two different things. The way the fair labor standards act actually passed, it is a starting point, aka a baseline.

[@rozchristopherson648]

@@Ltor00 True.

[@toddroebuck3214]

Racism, hate and fear is killing this country. Pain is coming period

[@BabsKaz]

Greed.

[@NoLaGurl18]

🎯

[@TerryThomas-v1c]

This is what happens when you allow mendacity to be the main ingredient in your leaders. Ignorance is just a lack of knowledge, but stupidity is covering your eyes to the truth and that is childish and irresponsible. Ignorance is the product of a poor educational system that promotes conformity, and conformity is anti-intellectual. You will not find the genius in all of us if you are not looking for it.

[@brucemarmy8500]

@@toddroebuck3214 Until the pay moves up when profits come, we are secondary to the employer. That inequality will always provoke unrest.

[@jsandoval3226]

Racism, Hate and Fear is only part of the recipe U.S. leadership has used to suppress the American Dream

[@JoeSee]

I'll be honest. I didn't think I would sit and listen to this entire video. Coming from the middle class, I always knew this was going on, and it doesn't scare me because my generation let it happen, but I'm scared for what my children will go through.

[@peggy2622]

Yes, same. My time is almost done on this earth but this is the earth we're leaving our children 💔

[@earthangelalchemy]

While I have empathy for your children and our future generations, I’m so glad I don’t have them. This is gonna get so much worse.

[@TC-8789]

After decades of gaslighting, I sincerely appreciate the acknowledgement from elders when they do recognize what is happening.

[@peggy2622]

@@earthangelalchemy I can't say I disagree. I'm grateful in some senses I do not have grandchildren, and probably never will. Sadly, I prefer it that way in this day and age. I didn't use to feel that way, I looked forward to grandchildren. I'm grateful there's less children suffering in this screwed up world.

[@mariacriss5414]

@@peggy2622 I just had my kids 2under2 and I worry daily. All things I never considered before as a millennial. Now in my 30s, my husband and I hope to at the least live multigenerational to survive. That was never an option to me nor my husband and still isn’t. God watch over us as Americans experience what so many have and continue to feel. 🙏🏾 bless us all as this world ages under Greed.

[@von4297]

Bernie Sanders could have been our generation’s Roosevelt. I feel we missed our opportunity to elect someone who actually had the people’s, not corporation’s, interests in mind.

[@44point5]

FDR had Congress on its side which Bernie would not have had, especially given the number of feckless Democrats in the House and Senate. Nonetheless, he should have been the candidate, not Clinton.

[@kathygriffin9465]

I disagree

[@TeknoMediumsParanormal1111]

We didn't miss it, it was not given to us.

[@mikecar52]

He gave it away. More interested in being in the club according to Chris Hedges.

[@prealpha2]

The socialist that has only had government jobs and owns several million dollar houses? Dude was all talk.

[@paulcoba8154]

Lay the blame squarely on corrupt politicians and lobby groups.

[@tracyabernathy4591]

There the main ones who caused this.

[@rdlewis3616]

And SCOTUS, Citizens United has been a disaster!

[@mosessupposes2571]

That’s how an oligarchy works. We are not represented. We are owned. We just have a higher standard of living than most of the world. For now…

[@Rue100]

NO BLAME GOES TO THE AMERICANS WHO VOTE THESE CURUPT POLITICAIANS IN OFFICE

[@cathleendonahue8730]

​@@rdlewis3616: absolutely spot on!

[@Game-kp1zk]

1987 my starting pay in a union job was 15.75 an hour. I was able to buy Big Mac meal pack of cigarettes and fill my gas tank in my ford pickup truck and still have few dollars left with one hour worked. Companies payed the cost of living what can you buy today with 15.75 an hour? It was great but I knew that once Raegan start to break the unions it was the start of where we are today.

[@jobuhayes8767]

Manufacturing going to China is the problem. Great for short term profits, but hollows out the center.

[@jgrysiak6566]

Don't blame me, I never voted for Reagan

[@secretariatgirl4249]

I'll never forget his first action: going after PATCO, the air traffic controllers! But in the mid-80's I was working in London and saw Thatcher starting to extract $$ from the NHS and privatize...Blair came and tried to inject money into the system, but she started the road to crippling it. At least the shell of it was there for COVID, albeit under Boris...

[@StevenCharlesJazz]

Yep, in 1974, in CO., union carpenters made $15/hr (in Chicago, it was $22/hr), fast forward to Atlanta, 2009 (35 years later), carpenters (no unions here) were making $15/hr!! Meanwhile, my college tuition in 1970 was $1500/yr, today it's $43,000+/yr! Something's obviously not right, and it did begin with Reagan, decimating what was a booming and growing middle class. Yet this last election showed too many voters still think that by filling the pockets of the billionaires even more, it will one day "trickle down" to them.... smh

[@drewbot78]

The unions helped break themselves too. 😢

[@johnnystewart83]

" Don't worry, my family is already on board with not buying anything unnecessary. " 💯

[@jimpritchard8354]

It's called living within your means!!!

[@chrisper7527]

The only thing is that if everyone does the same, the end will speed up, because we live in an economic system that is consumer driven.😔

[@romeannasmith2350]

​@@chrisper7527 Right.

[@BrownByTasteProudByChoice]

The American cost of living is so high that' you can't go below a point in your expenses

[@Lillipod1]

It would have ended a while ago if they relied on me.

[@G.G.8GG]

I'm in my 80's. I took note in the 70's of how business was saying, "Profit is not a dirty word." And from then on, profit sanctified any turn toward greed vs the public good, and that was celebrated as success. Now, thanks to Mr. Wolff, I'm more educated as to what went on with government to make that a reality. We have to understand - the government is us - we have to pay attention.

[@johnmaldonado750]

Thank you. If people listen to this they will soon realize how superficial and deceiving our national media continues to be in terms of the economic truth.

[@clytchan]

That’s because our media is owned by a handful of oligarchs who are obviously republicans. Their job is to fill our minds with fallacies, in hopes that we will become mindless sheeple. Unfortunately, it has worked on more than 1/2 of our country.

[@angelou2812]

And not just economics. Add everything else. They never speak the truth

[@ivangoran4461]

Superficial and deceiving "in terms of the economic truth"? Only? Is your national media honest in terms of some other truths?

[@bolajiayoola5179]

You call it what it is 😂

[@hkiani6853]

There is a limit to how much they try to FOOL their own Citizen. Eventually truth would come out. Western Corrupt Media BBC, CNN, CBS, SKY, most of News papers etc, etc, etc they are Turing Truth 180 degrees. Night is day, and Day light is night. They attack other Countries and news says they want to attack our interest. They started the conflict with Russia, and then print Russia invasions,,, Ukraine is destroyed, and they print Russia is losing. Etc, etc

[@kirkyoung4642]

The standard of living in the US has been in decline since 1974, the middle class has been dying for over 50 years, and we haven't seen anything yet.

[@mickeyfried9821]

This is why my husband and I didn't have kids 30 years ago. We didn't want to subject them to this. It's the environment as well. Mother Earth is pissed and she's shaking us off like fleas.

[@KoDeMondo]

Do you think in Cina is better? Do you think under Russia is better? Do you think under India is better?... NO in none of this countries life is better

[@henukabandara]

@@jacquielapierredufresne5468 I mean it won't effect the rest of the world if the US will decide rest in peace like the Soviet Union did in 1991 but no your smart , peace loving leaders are determined to take the whole world with you guys. It's literally the mindset of'' if i lose then nobody wins''

[@henukabandara]

@@KoDeMondo There's no need for any country to dominate the world policies or the world's reserve currency ... no why can't we create a currency that is not controlled by any country ? why can't we establish rules that will be enforced to every nation on earth ? Nobody needs to rule the world no that time is over just let the world heal that's what we want And what good has the US done for the past 79 years? Caused a lots of wars , famines , invasions ,division etc... this must come to and end and it will happen whether you like it or not Just stop dreaming about ruling the world because it won't happen again

[@mdevorah6833]

I cried after giving birth to my son. I apologized for bringing him into this world. 😢 I hugged him crying uncontrollably. That was 1990. He has always been the joy of my life.❤

[@lonmorgan5260]

The US could be so much more than what it is, if we would stop electing idiots to office.

[@circlekings]

The entire West is in a non stopping decline the US empire is over

[@austinlevreault6211]

The problem is the people are idiots.... they've been getting dumber since high school bully/anti-intellectualism went main stream in the late 1960s and early 70s. That quickly gifted us Reagan and it's been down hill ever since. Carl Sagan once commented on it, talking about "an ethos of respect" in regards to teachers but I don't think he realized how disturbing and deep his insight was.

[@Nine-Signs]

Media owned by the rich convinces all along with their education, to only ever elect centrists or the right wing, who will only ever serve the capitalist minority at any externalised cost to society and nation below them. Until that changes, things can only get worse for most people not just in the USA but across the west overall.

[@seeyian]

Sadly the Western education produce mostly idiots. Look at the LGBTplus growing bigger and bigger.

[@Globe-m6z]

No, it's not just politicians who are purchased by the big businesses, it's the whole system. It's way beyond rescue now.

[@harmonyvaneaton4101]

When I was in highschool, minimum wage was the same cost as an adult, evening movie ticket. Now a movie ticket is like $20. 3x minimum wage.

[@michaelblankenau6598]

Sure. But no one is working for minimum wage anymore.

[@haineko1989]

In my country (within EU) it's about the price of a smaller cinema's ticket, or 150% of that hourly pay in a big comfortable theater. And that's after those "terrible high taxes" Europeans are paying for "communist" things like universal healthcare, pensions or free pre-K and universities... We are complaining about high housing and grocery prices, but it's livable, and you are guaranteed healthcare and education no matter what. I can't fathom the level of denial needed to not see how bad US has gotten O_O

[@sarahkelson8386]

You need to speak. You are absolutely correct in your analysis of the situation. We are truly on the brink of the abyss. I am 82 and I am sure I will not see the end of this disaster.

[@beam-kitty8425]

I am 81 now and I sure as heck hope I don’t see the end of it.

[@clololown]

@@beam-kitty8425 that mindset is one of the reasons we're in this mess

[@eddale5557]

It is no abyss all wil go as usual where do you get that nonsen from? if you wanna d...ie go and fx it your self!

[@bartsolari5035]

I am 80 and want to catch all of it on CNN with my friend Mark in his bunker.

[@leewalk22]

@@sarahkelson8386 you've seen the beginning and you might see the middle!

[@mg7693]

These facts make me so sad! 😞 I work so hard but can’t enjoy my life and constantly have to be worried about my finances!

[@tracyabernathy4591]

I know the feeling it sucks everything is just so high thanks too greedy rich people and greedy politicians.

[@19660123888]

ya politicians ban garlic one day they will ban tomato,epal,banana so and so from china and the price will up,up,up and their garlic boss in america will pay pay pay them

[@daveking-sandbox9263]

The American way of life, what a joke!

[@mg7693]

@Gabriela-z1r you are right but that is not the case for everyone!

[@kelvinosas6518]

​@Gabriela-z1rso those living on the streets have two cars too? This is exactly the denial Richard Wolfe is talking abt, Americans believing if they just do a little of saving here and there, the whole thing can be solved, IT CAN'T!

[@howardcohen7784]

History shows us that change is inevitable. No nation has ever stayed on top forever. The middle class must be reestablished, and the rich must pay their fair share. share.

[@dominicvelazquez7998]

rich paying more will not change anything. you want change? stop the money printing of trillions

[@petepayette6690]

There will be dirt poor And the super rich

[@IVIi50O]

it'll be a reset. humans dont change

[@klausg8850]

@@IVIi50Othe last „reset“ costed 60 million lives

[@mainenative5928]

When you put a criminal in the White House who then surrounds himself with incompetent lackeys, we can expect the worst.

[@ericoverdorff8880]

You mean biden, right?

[@prettipepper7704]

Wow, you must not have understood the video. ​@@ericoverdorff8880

[@mariediop3750]

@@ericoverdorff8880Biden is out now it’s your turn to make this country better.😂

[@ericoverdorff8880]

@@mariediop3750 yes it is, watch!

[@BrendaHall-f7y]

I believe Trump and his cabinet will do what has to be done.

[@gaillinsenbard]

Profoundly impactful. Anyone with open eyes and mind can witness what is happening in America. The American empire’s decline is inexorable, brutal, and traumatizing. Live honestly, compassionately, and lovingly in the time you have left. This is all any of us can ever do, really.

[@JulietSpoto-pn2lx]

And put God 1st in everything! 🙏

[@andreawilson2753]

Amen ​@JulietSpoto-pn2lx

[@breezybrown9260]

💯%!!!

[@staciacrick3373]

@JulietSpoto-pn2lx separation between church and state is more crucial now than it has ever been in the past because Evangelicals are using it to weaponize peoples human rights. Remember there are many religious people out there that believe that Trump was annoyed by God so how about we just use a simple, moral compass to determine right from wrong without religion?

[@ellyess7203]

Your words are very touching. Thank you.

[@fayegregg8199]

"The rich get richer and the poor get poorer". No more middle class, period!

[@Pekka.Pekka.1296]

Idiocracy is coming.

[@AlanThomas-hp3fn]

Middle class destruction Communism MO.

[@berniebroneverhillarybro6188]

That's the goal of the US present, past, and future. Exception was New Deal Roosevelt "to save capitalism". Although the rich tried to overthrow him violently through a coup led by General Butler.

[@francisyoung3584]

@@AlanThomas-hp3fn , I would say it will be more like a few hundred years ago, whem the Elites and Aristocrats and Wealthy ruled over all of us serfs and peasants

[@marystapley309]

Thank the CEOs

[@karrithebestlira3085]

the easing of corporate tax rates has only resulted in stock buybacks skyrocketing CEO pay, increased automation decreased job creation, increased political bribery, and the complete disregard for the national infrastructure.

[@michaelfranks341]

So buy the stock and take advantage of the increases....

[@amandabosca1714]

@@michaelfranks341 Come on. Too many cannot afford that. I was an investor for many years but I believe that today it is too manipulated, has become gambling.

[@rs72098]

​@@michaelfranks341The CEOs and BODs are even gobbling up the corporate profits so that stocks move sideways. Take a look at Apple, or any large cap stock, many move sideways or barely inch up each year with record earnings.

[@Fiola_M]

This is Canada to a T

[@brianw8018]

Corporations don't pay taxes, people do. Corporations are only passthrough entities. All money flows from and to people, ultimately. If you want to raise taxes, do it only on individuals. When you tax corporations, that taxation is spread to every employee, investor, adjacent worker (e.g. factory builders, delivery people, truckers, etc). Don't be fooled by politicians into a hidden tax on people by saying they are taxing corporations. If you want to tax the rich.. or those CEOs you resent, do it directly as individual income taxes. Any economist who says to tax corporations is simply showing their total ignorance OR a political agenda that secretly hurts the poor.

[@denisecarrera5396]

I barely scrape by as it is. Gouged by insurance companies and soaring food prices, I don’t have discretionary income.

[@MomtoAutism]

I know this sounds dumb, but I have stopped going to a hair dresser, plan to cancel streaming tomorrow. Quit smoking cold turkey. I'm going to be down to nothing. Due to health I have to eat whole foods, so that helps with some cost. I have not bought new things in years. It's the end for us all.

[@Stanleee-8]

I’m sick of America, I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.

[@Jillyshrum]

First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.

[@EggrollsBaby]

most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.

[@JamesDinsdale-e6q]

True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.

[@Jeffcraparo]

I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k .

[@Jeffcraparo]

My CFA ANNETTE MARIE HOLT 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..

[@bitdigital8052]

Wages aside. If the USI had free healthcare citizens would have a huge burden lifted off their shoulders.

[@bjohnson1489]

Who is gonna foot the bill for that?

[@thomasberlin5533]

@@bjohnson1489 They could start spending the tax dollars on health instead of war.

[@BuckyBuck1000]

There is no such thing as a free lunch. There's no such thing as free healthcare. The government pays the bill. And you're taxed on every penny you make and spend: IRS, sales tax, and now the new death tax.

[@moldlives]

…and it would actually be cheaper.

[@yasodamensah2723]

@@bjohnson1489 we are already paying for it with a Trillion dollar sickcare system.

[@Bill82759]

I live in Thailand - America’s oldest ally in Asia. Thailand just applied to join the BRICS. Big problem for the U.S. the future is here in Asia. I see it every day.

[@johnlance-bu6jj]

Good for Thailand and you . If I could I would join BRICS and get out of these worthless dollars backed by nothing .

[@Dubbudha]

Your elites chose a PM with chinese ancestry instead the one wanted by the people. Once a Chinese always a Chinese

[@gti500]

Thailand has never been an ally of the US. It had always been a neutral country. That's the Kings policy. Thailand tolerates the US where it is beneficial.

[@ssrae-2229]

from Southern China - Thailand - Malaysia - Indonesia ALL JOINED BRICS : the odd "country" 🇸🇬 Singapore CANNOT join BRICS because it still is Oldest ally of US .😂🎉​@@johnlance-bu6jj

[@KoDeMondo]

Well will see but being under India-cina-Russia I don't think will be good for anyone here because is not even good for the people who belongs to this countries.. So please stop acting like and promoting BRICS!!

[@mofoftriangle]

I am Mexican born and raised, but as a young adult I lived in both China and the USA. I am well aware that China has already won, now I even work for a Chinese company in Mexico. And it frustrates me to see how the USA is adamant in villainizing and bullying Mexico, one of the USA’s most loyal allies in spite of a history of abuse and theft. I believe that Mexico is nearing a situation where we will switch sides and joint the BRICS. Why should we continue to rely on an unstable fascist economy led by a racist bully? And it does irritate me to see how the MAGA voters have allowed themselves to be led to see Mexico as a scapegoat, and hold a negative view of us when in fact Mexico is one of their few remaining friends. I say screw them. Mexico doesn’t need to tolerate a bully anymore, when there better and stronger alternatives in the new world order. I can see it in my neighborhood where about 20% of my neighbors are American “digital nomads” (a.k.a. Immigrants) who live it here and are not planning to go back because life is good in Mexico. Money goes a long way. Mexico City is safer and less afflicted by drugs than most cities in the USA (yes, even if you practice denial, it is true). The tables have turned and Americans will pay dearly for their lack of gratitude and camaraderie. It didn’t have to be like this. Now enjoy you fatty fascist and I’ll watch you sink as we stay afloat with the BRICS. It was long overdue

[@TraceyBillsHomes]

Motoftriangle...and yet the US border is flooded daily with immigrants from Mexico. Js

[@anthonywallis1102]

this is a very generous piece of advice; TRUMP is leading the US population into serious trouble. We are Australian who used to visit regularly but after his first try we never went back. He had already sewed the seeds of lunacy, esp. among the younger members of the population who are vulnerable to fantasy concepts. Let's hope people will realize that their neighbours in Mexico have been quietly trying to save America from itself for decades !

[@eyeexaggerate7687]

Well said -and flippantly says he’ll annex Canada like it’s a matter of course. Sick of American politics and those who support it. There’s an interview with Chrétien (former PM) saying “if Canada was part of the US trump wouldn’t have won because the Canadians wouldn’t have voted for him”. Perfect.

[@TheRealMrzGray]

Divided states of America is where I reside. 😢 My heart breaks for my children, my nieces, nephews, and students that I teach. 💔 Lord, please send help! Please!

[@Shade_1111]

@TheRealMrzGray No 'Lord' will help. American citizens are going to have to unite and make the change, or else fall.

[@johnhoie-hj7cg]

I think (not sure of the numbers) if we had the tax structure of the 1950s, we might not be running deficits today. The cuts were almost solely to benefit corporations and the rich.

[@jgalt308]

When your money is fiat continuous inflation is guaranteed.

[@tonyhuerta2738]

Corporations paid most tax they the not have a hand in politicians now they are all owned

[@chaoswitch1974]

​@@jgalt308Was Nixon a republican? It's almost like there's been a republican agenda since Kennedy was killed.

[@andrewslagle1974]

STOP IT I AM TIRED OF THE RICH GETTING THE BLAME !

[@dwhitman3092]

You are absolutely correct.

[@bluesmonkey4463]

RIGHT ON ! THIS MAN IS 100% CORRECT !

[@williamsimpson5808]

It's all pretty much common Knowledge, Something that trump and MAGA don't Comprehend

[@Frosty294492]

Denial has never changed reality. Only acceptance can.

[@sotonrich]

It’s not just denial, there is also going to be a wave of hypernormalisation as everyone realises the empire is falling but burrows their head in the sand

[@MrCranberries17]

Gerald Celente said “the business of America is war, the business of China is business. “

[@stewartbone4236]

If you played Monopoly as a kid there were games where someone took everything and you just quit and walked away. This has happened in reality but where can you go? Anger, resentment, depression, revenge, violence and whatever lets the rage out. It’s shocking where it’s heading.

[@patriciac8488]

My older sister was always the Banker and always won in Monopoly. Realised Why later on.

[@Boobook663]

@@patriciac8488 Lol

[@moosky7344]

We're being hit by one thing after the other,too many people competing for the basics of life,the competition getting more severe every year. Pushing up prices mainly housing etc for the last 2 decades , borrowing money like it's going out of fashion. Oh I forgot the recession in 2008,banks running out of money, lending more money to purchase houses which increased in prices because of demand. Then the pandemic happened,next the conflict between RU and Isrl,causing higher energy prices, high inflation, interest rates rising to bring down inflation. Then PALsine and Isrl,and yet even more competition (people)arriving annually, borrowing to bail out the banks, borrowing to off set the living crisis etc it's still getting worse not stabilizing.

[@anmo4317]

@@moosky7344 back in 2008 did the government bail out big corporations like GM using taxpayers money

[@JoolsUK]

Either play Monopoly or not. That is the choice.

[@512Berlinetta]

The US empire is declining and the decline is quickening.

[@TheLegenDacster]

KARMA

[@YvonneNelson-yl8ub]

That's because the US is Babylon, Babylon the Great is falling.

[@David-y6o]

So true.We have'nt learned from the previous failed Empires.

[@Jedi_Mindtricked]

​@@YvonneNelson-yl8ubmaybe. Is this YOUR opinion or do you have proof that the USA is Babylon? Wouldn't Rome have been the modern day Babylon first?

[@HBH19911]

😂

[@overcomer5574]

What goes up must come down! I knew this day was coming but I didn’t know how! Well I’ve lived long enough to see it with my own eyes!

[@9000ck]

I would advise that you buy one sack of rice and another sack of dried beans. And a metre cube of water. Some toilet paper is not a bad idea either. Salt, sugar and pepper is a good idea too. Have a good solar system and battery as well. If you have some land get ready to garden seriously. Build a three bay compost system and set up 4 vegetable gardening beds. Plant 10 dwarf fruit tree that you can harvest year round. There are plenty of ways of setting up a composting toilet. I knew a woman who raised qualis for their eggs and meat - you only need a very small area to do it. Just saying.

[@Boobook663]

Good advice

[@amandabosca1714]

@@Boobook663 if you live in a rural area

[@Boobook663]

@@amandabosca1714 True

[@simplyizustic6122]

And those who live in apartment buildings in cities are cooked 😂😂😂

[@MichaelBrodigan-sq8th]

Ok here we come 130 million city dwellers

[@nyahanan]

During the great depression there was a lot of uprising from poor people, so the US government had to do something to keep the people quiet!

[@lindypatterson1048]

And the government was worried about Communism

[@urszulavon9400]

​@@lindypatterson1048 Please google "sanatorium in Poland". You will see how comunists looked after their sick workers. Health care and education was free. Constitution guaranteed employment. No wonder capitalists hated and destroyed it.

[@Boobook663]

Which was?

[@Encephalitisify]

Unlike today. People today are brainwashed by the news in this country. Everytime we rise up, the news uses us against each other. And we fall for it every time.

[@Dan0TheMano]

Off apps; in streets

[@KenMcFadden-d9i]

My GRAND FATHER born 1885 told me that during the DEPRESSION HE KNEW A MAN THAT TRADED A 100 POUNDS OF POTATOES FOR A NEW CADILLAC AUTO HE TOLD ME THAT WHEN THING GET LIKE THAT FOOD IS WORTH MORE THAN GOLD😢😢😢😢😢😢😢

[@EdwardThomas-x4j]

Time we all re-learn how to live off the land. We can't eat gold, and we can't drink oil.

[@citycowboy702]

​@@EdwardThomas-x4j Especially if AI is going to be replacing most of us in the next few decades.

[@andrewslagle1974]

that was bull the depression only effected the fools in the citys !

[@KenMcFadden-d9i]

@andrewslagle1974 MAYBE HE LIVED IN THE CITY SONNY!!!!!

[@KenMcFadden-d9i]

@andrewslagle1974 maybe he lived in the city!!!!!!!

[@terryhutchings7701]

Currently in Rome. Standing in the midst of the ruins of a fallen empire, it hits you hard. Greed, corruption and incompetence. It never ends well…

[@craiggillett5985]

Yes, asa New Zealander I too had this same epiphany standing in those magnificent ruins. It was the 1990’s and I realised that our way of life in the western world was simply an aberration in the history of the species. The next 25 years are lining up to be a cluster F**k of stupendous consequences- climate- resources- war- economic collapse- the rise of new empires.

[@annaweiers2947]

Thankyou Proffessor Wolff for having the courage to speak truth to power and to explain to us what happened in simple terms. Unfortunately most of my family and friends have their hands over their eyes, like the toddlers. Human nature😢. Tighten down your hats people.

[@BridgetMiller-]

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

[@Thompson-e7h]

Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

[@Grace.h-t8o]

I'm sure the idea of an investment-adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portfolio worth 85k.

[@berniceburgos-]

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@Grace.h-t8o]

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

[@DhanaPayar]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@scottspa74]

Excellent analysis, as always, by prof. Wolff. Can never get enough of him and the realism that he brings to the conversation.

[@Big_Hunter_08]

Who?

[@sueelliott4793]

We do not have an economic problem, we have a greed problem. Get rid of greed and the economy will sort itself out, bring God back into your lives and have a compassionate heart. Love Richard Wolff and love this video thanks

[@Thelights-0n]

I believe if we all go on a 40 day and 40 nights fast as a collective, I believe that things will begin to work in our favor…

[@hrhdmk5845]

I believe we have a serious greed problem, but not so naïve as to think “the economy will sort itself out”. The economy never does that on its own, sorry. (And God doesn’t fix economies either).

[@Thelights-0n]

You stop eating a lot of things can get done

[@uknowwho7408]

"Don't be angry with me for telling you the truth." Socrates to a troubled student in denial.

[@delir.6488]

In Asheville NC a salary for a substitute teacher is $100 / day ? Subtract gasoline , state and federal taxes; how much do you take home 🏠??? 😮😮😮. It is horrible.

[@CS-zz2bf]

And it won’t get better under the new administration. When everyone is licking bread crumbs maybe it’ll sink in

[@janeself9827]

And just how much money do you think a substitute teacher should get?

[@nancydesormeaux9560]

​@@janeself9827In British Columbia, some get over $300 a day. They are not even fully certified yet in some cases!

[@TiaCats]

​@@janeself9827How much do you think that someone babysitting your disrespectful kids should be paid?

[@irmawhynacht3543]

Growing up having a substitute teacher didn't really teach the class...was a glorified babysitter.

[@angelaoliver7776]

CEOs are the new Kings of America, The peasants will suffer tell them to eat cake.

[@parentrap]

In Canada we are told to eat bugs!!! Via prime minister Trudeau!!

[@simplyizustic6122]

😂😂😂😂

[@SamWitney]

@@parentrap LOL! He is the worst PM of Canada ever.

[@AG-iu9lv]

Do you even know whom you are misquoting?

[@siomi2701]

@@AG-iu9lvyea it’s shade learn it

[@elainebenham4739]

As a Canadian i will not be buying anything made in the United States.

[@teeahrahahnet]

Honestly probably better for your health not to

[@chrisper7527]

Thanks Mr. Reagan and the republicans. Welcome to a Serf society, long in the making. Good luck everybody.

[@PhilipTan-i1u]

It is a logical process that a child who gets an E for his math test several times does not know that he needs help, he is in a process of denial. The same goes with politicians in the usa, they are in denial till the truth becomes a hard reality.

[@kntrstrkorm4593]

Except that politicians do it on purpose while they know deep inside that they're wrong. It's not that they don't know how to improve things, but they don't WANT to.

[@blizz2795]

What's an E in grading?

[@PhilipTan-i1u]

@blizz2795 5 out of 10

[@blizz2795]

@PhilipTan-i1u What country? In the US it's A,B,C,D,F or I for incomplete.

[@PhilipTan-i1u]

@blizz2795 yeah, its slightly above Fail, a joke like a score of 4.99 or 5.0001

[@MishMacky]

Its by design. There is tons of money, but 95 percent of it goes to corporations, who completely control govt.

[@Flippy_808]

But wait, it trickles down, right? Right?? Geez, half the American population has been bamboozled to believe this and vote on behalf of this theory. So, here we are…

[@BrownByTasteProudByChoice]

A lot of it is also spent on wars that we don't need, and fuelling future wars to maintain hegemony 😊

[@patticakes5439]

I can't believe that people in this country, would allow Trump to destroy this country. Noone will stand up for themselves. I'm saving every penny

[@gloriagreen1123]

Stupid is as stupid does.

[@gloglo121]

Ah exactly what has joe biden DONE How many billions has he sent out

[@ImperialMisano]

sono ITALIANO, nato nel 1972....all'età di 19 anni avevo già i soldi per comperarmi casa, solo col mio lavoro da cameriere, continuando a studiare fino a laurearmi. Oggi un giovane di 30 anni laureato e con uno stipendio normale deve fare un mutuo di 30 anni per comperarsi casa.....qualcosa non mi torna !!!!

[@Spaceshewarrior]

Esatto!

[@bartsolari5035]

Sono genovese, non si po fa niente, cosi, "Mene batto u belin!"

[@craiglarge5925]

Same situation in USA.

[@Veritas2233]

In Australia servono milioni di dollari per una casa, villa oppure appartamento e tutto il resto costa il triplo confrontando l'Italia.

[@TkTm17]

ci hanno distrutto, e' ora di fare roteare qualche testa in piazza

[@josesalcido-x3u]

My biggest concern is how we are going to survive all these financial and political crises, especially the power struggle in the US. The government has really made things difficult for its citizens and we cannot just sit by and suffer the consequences of bad governance🙏...

[@batulziibaynzul949]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just going into crypto investment , and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@Yvette-p6u]

I am new to the crypto world and don't understand how it really works. A friend told me trading with a professional trader is the best strategy for beginners and busy investors, but for months now I've been making so research and haven't found any.please any recommendations

[@niquezavala4427]

I am amazed that you mentioned and recommended Ksenia Alice. I came across one of her client's testimonial on CNBC news last week.

[@mackayIII]

Ksenia Alice has really set the standard for others to follow, we love her here in Canada as she has been really helpful and changed lots of life's

[@mackayIII]

Waking up every 14th of every month with $210,000 is a blessing to me and my family… A big thank you to Mrs. Ksenia Alice

[@normathomas1356]

An immgrant from Jamaica lived and went to school in UK and have worked as nurse in US for over 30 yrs Saw this for some time and you are validating what i know Bernie Sanders tried. Sir. this video should. be on what used to be called the hit parade I dont know if its too late for the people to rise up or how I know using the word Decline does not go down well. Thank you Thank you

[@docmansound1]

And the most ironic part is that the US has a small enough population relative to GDP that all of its citizens can have a comfortable life, with security, healthcare, and a rising standard of living, if we just addressed our staggering inequality!! The problem is the people at the top control the government, business and the media. And they would rather destroy this country than give up any of their wealth or power.

[@coreywilliams2508]

It's astounding how delusional the higher ups have kept Americans in such a dream state.

[@BrownByTasteProudByChoice]

And that is how they managed to shore up their personal fortunes!!!

[@Moohanjagoodaroos]

Setting a maximum wage is more important than minimum wage. Minimum wage is useless without maximum wage.

[@profanagency401]

wage is not an issue, private rent from real estates, and control of companies (shares) is real a parasitism

[@rodoquinn]

In any business, the only one really making money are the people who own the business. A maximum wage would only inflate their pockts

[@benjaminkell3726]

Ya works well in Cuba 😂😂😂

[@cyndimoring9389]

@@rodoquinn no, not really. They've probably exceeded whatever the algorithm would recommend as a maximum wage.

[@Moohanjagoodaroos]

@@rodoquinn Not sure if you got my point. Increasing the MW will shift everything up (including the salary for higher paying jobs) and end result will be inflation. So minimum wage guy will always be on the bottom as minimum. Now if they could limit the maximum wage and not allowing it to go up when they raise the MW that would equalize a little bit. Of course I'm being sarcastic and you can't put a limit on max wage. There are better ways to assist poor people who are working full time and can't make the ends instead of simply increase the min wage. Discounted bus and train passes, rent and food assistance. And other ways that wouldn't cause too much inflation. But this money obviously shouldn't come by printing money (which happened during pandemic). Only by taxing the rich and upper class a little more.

[@zetamale7952]

In 1982 I was making the minimum wage of $3.35 an hour. In 2022, minimum wage was $7.25 an hour. 40 years to raise minimum wage $3.90 an hour. As of December 31, 2024, minimum wage is $12.00 an hour. Had the system not screwed us, minimum wage should be $23.45 an hour today. In 1979 the minimum wage was $2.90. In 1979 my father was making just over $13 an hour. He was the 4th employee of a family owned business, (not our family).

[@Bbenton1959]

Federal Minimum wage is still $7.25.

[@zetamale7952]

@@Bbenton1959 Yep. My bad. $7.25.

[@JourneyOfCin]

minimum wage is still $7.25 federally. every state has their own that can be higher but there's still states that minimum wage is the same as federal edit : i commented before i seen the replies.

[@sherylross2066]

Thank you for your courage in sharing this. As frightening as it is, we have to face this reality or not be the country we can and should be.

[@gloriagreen1123]

The big shock, after the election, is finding out that the country we thought we lived in is not the country we’re living in. We need to carefully reflect on how we proceed to preserve our life, our health, and our dwindling assets.

[@r.k.9648]

From start to end, it is about denial, negativity, fear, no hope, no solution, and more. What about advice, stay strong, do it, never give up, faith, and more. I say, don't back down, stand strong, find the solution, and go for victory. We must never give up and lose hope!

[@obedirect5491]

None of those I divual traits will solve the USA problem until ppl organize.

[@claudiapost-schultzke7216]

toxic positiv

[@mgpm17]

​@@obedirect5491 100%. Correct

[@sharonnichols4678]

Amen

[@elizabethbarton3047]

Or leave the country

[@jerry-Shor]

I have two Genius Guy always listen and learn. First, Noam Chomsky. and the second, is Richard Wolff. Help me to understand how the world is moving, how the economics is going, .... Thank you very much Master Wolff

[@benevolentdictator2315]

Certainly you know marxism/communism was used in 34 countries during the 1900's. The dissenters (about 20% of the population in each country) in all these countries were either killed or sent to re-education/labor camps and many died there. Probably over 100 million killed off for not coming into compliance. Communism failed to increase the prosperity or quality of life in these societies. WEF/Klause Shcwab/Soros and the CCP are attempting to bring your mentors' dreams com true, again, as if they never learned from the 1900's; communism 2.0.

[@fatherburning358]

Although not very well educated, I've been paranoid about this exact situation for 20+ years. Just because of what's been happening politically and socially here in Australia. A very informative essay lending credence to my paranoid take on our situation. Thanks 🙏

[@georgegachet283]

Listen to this man buy only what you need! No walmart,Amazon and things you don't need.

[@SaltyDog92093]

6 bucks for a dozen eggs? I was just at the store and a dozen eggs are 10 dollars in Southern California. A loaf of bread is 6 bucks. My rent is over 50% of my take-home pay, and I make the median income for my county - almost 100K. I live in a small one-bedroom apartment. What do I do? Stop eating eggs I guess.

[@Leslie-y9l]

Eggs are expensive because of the bird flu, rent is is up because of greed.

[@blockthis08]

Well you were conned by Trump. Just pray.

[@msheidi6496]

​@@Leslie-y9leggs have been expensive for years

[@Wiseolegranny]

I moved from Temecula 8 years ago and it was a great discussion. In SoCal there is no middle class anymore.

[@esdeath89]

And now things will become even more difficult bcs Trump's tarrifs will increase prices of the goods and services. And if he will reduce government spendings and taxes then it will lead to suffering of the people. Now we are witnessing the most turbulent moment in history of USA since World War II.

[@normjames4130]

When you have a government like the one we have , We will never be # one, Why? GREED!

[@camilopadin8085]

Fantastic analysis. Listen Americans.

[@thebrownshroom3488]

Good Sir… I have heard you and am taking heed. Thank you. 🙏🏾

[@MichaelPlayer-yq7gk]

I’m a veteran and I’m moving back overseas these next few years

[@ShikataGaNai100]

Disabled USAF Veteran here. I went expat to Japan two years ago with my Japanese wife. I am never going back.

[@MichaelPlayer-yq7gk]

@ man I saw over 40 countries and Japan was on of the best. I was stationed in Atsugi 2015-2019

[@ShikataGaNai100]

@@MichaelPlayer-yq7gk Sadly, unless you have a professional degree in a needed profession, or a Japanese spouse, it is also one of the hardest nations to go expat to.

[@JDWard-Jeepster]

Been living my best life in the Philippines since 2015.

[@andrewslagle1974]

Dont come back your a TRAITOR!

[@davescott1491]

The wealth disparity between the Trump’s, Musk’s and Ramaslimy’s compared to the working class and poor Americans is astounding. And they have figured out how to keep their wealth, pay much less taxes while everyone else suffers. There is nothing wrong with success and wealth, but the super rich and many but not all in the billionaire class, should pay a flat percentage tax and make America decent and financially balanced again.

[@joekahno]

The first problem I have with the "tax the rich" crowd is that we don't have enough rich. Second is it only addresses half of the problem. Total confiscation of all privately held wealth in the country can't restore solvency until there are some actual limits on spending.

[@davidhoy8557]

Have you seen the net worth of almost all the democrats? Even AOC is a multi millionaire.

[@Pekka.Pekka.1296]

And those poor (clueless) Americans cheer for the richest men of the Earth. People are idiots. Europeans are wondering how this narcissistic moron got elected. USA isn’t the smartest nation. The majority of it is mentally helpless.

[@connordavis5086]

Take a look at the graphs of wealth disparity by percentile, and you might change your mind on that opinion.​@joekahno

[@mysticone1798]

The wealth disparity between Pelosi, Schumer, AOC, The Biden's, the Soros's, etc. and the working class and poor Americans IS EQUALLY ASTOUNDING!!! This isn't an issue of progressive versus conservative, because the super rich are represented on both sides of US politics. This is a false narrative. It's always been a false narrative..

[@Kris-h5z]

I remember learning about economic plans that lead to what is now our corporatocracy in elementary school in the 80s. I thought surely people were smarter than to think everyone would be wealthy doctors and lawyers and there really would not be many other jobs except for what the poors did (car mechanics, plumbers, electricians, school bus drivers, mail carriers). They have successfully surpassed my expectations which is really depressing and disappointing, this is a steep valley or canyon to climb out of with an unforgiving uphill grade and rise. We need to mentally adapt quickly and constantly to move forward successfully. Good luck to us all.

[@AnnaFragolari2]

Dear Professor, this was so precious not only from an economical standpoint, but also for a global geopolitical insight 💕. I am from Italy, a country you mentioned many times in this video, proving we actually were something, but still underlining our decadence as US and Germany economic partners. I will follow your content from now on. Thanks for sharing this, so interesting, not just for American citizens.

[@RichardLu-jw6pr]

The problem with the Western Nations is they only know how to blame others but never themselves. Like the Professor said, they go after the messager, not the message.

[@hkiani6853]

Result of being FOOLED by their own corrupt, and criminal Media. And Western Media works for their Government and secret services. Thry are anything but Independant or Truth telling?????

[@frankgallagher5786]

Yeap, exactly. Like any politician truly cares about me.

[@drewbot78]

I've been trying to warn about BRICS for about 15years. People STILL look at me like I'm crazy when I tell them about BRICS.

[@itstrue-lcw1]

Fantastic presentation, Professor Wolfe👏 THX for the impactful reality check for all those viewers not there yet🤦‍♀️God Bless you🙏✌️

[@amandabosca1714]

He doesn't suggest solutions, which would have been helpful. Perhaps he has none.

[@a9ball1]

I had to quit working in 2000. Back then I was making almost $13/hour which is not a lot. But it floors me that the same job today only pays $22/hour. And the house my father bought in 1972 cost him $12,000. Today that same house is $600,000. When my dad bought that house the same year he also bought a new car. And he was just a clerk at a drug store. There's no way a drug store clerk could buy a house and a car in the same year.

[@elizabethbarton3047]

Nor could one buy a house now. Car ? Yes.

[@Jimmy-zb7fw]

And back in the day, moms stayed home with the kids. While the husbands went to work. I’m sure that why most kids turn out better back in the day. I only knew of one of my friends mom that work. That seems so weird to me.

[@a9ball1]

​@@Jimmy-zb7fwmy mom was a at home 24/7 mom. I was the youngest of 5 and she stayed home with all of us.

[@RamonaRayTodosSantosBCS]

Heck, I’ve been living off of $1165 a month for several years. I just got a $31 raise from Social Security Whoopie Doo. I don’t buy paper towels. I don’t buy Ajax. I don’t buy anything that’s nonessential. I don’t go anywhere. I don’t rent movies. I don’t go to the movies. I don’t go out to eat. I don’t buy junk food, I don’t eat steak. I don’t eat anything fancy beans rice a lot of fish but that’s because we fish offshore and what else well it’s pretty grim my entertainment are my Chihuahuas and they keep me laughing all day. It’s biblical what’s going on for your information?.

[@marciclark8266]

My #'s are the same. I'm in ND and my extras are clearance dollar T's at Wal-Mart

[@AnneMorrison-s6g]

@@RamonaRayTodosSantosBCS lolol…you must have internet to pos5 on here. Lolol…so you still have some joy o4 form of entertainment lolol

[@yusufozzy]

Why don't you get a job

[@Boobook663]

I admire you

[@YvonneNelson-yl8ub]

It's called live within your means.

[@JohnBeerschoten]

The Berlin Conference took place from November 15, 1884 to February 26, 1885, in which Africa was divided among the European powers. Without one African present and without consulting the African people. Thus without their consent. This is called colonization. The same goes for other people to decide over the territory of Palestine without the consent of the people, as in 1917 by the British Crown, is called colonization. The International Community (UN) does not have the right to constitute a new state (Israel) on other peoples land. (Palestine). This follows from the one page November 2nd 1917 Balfour Declaration on behalf of the British Crown.

[@Wildcosima]

Palestine came into existence at the same time as Israel. It was previously the Ottoman empire.

[@Grayson-om5hk]

It was the Ottoman Empire in which Palestinians (and Jews, Arabs, etc...) lived. The Ottoman Empire joined with Germany in WW1 and lost in a world war they would've been smarter to stay out of.. The Empire was dissolved, and the current borders, from Israel to Iran, Turkey, Syria, etc... we're drawn. Israel's borders are as legitimate as those of every other Middle Eastern nation. There are ramifications for war. The ramifications for the Ottoman Empire were that it ceased to exist. And throughout, there has never been a Palestinian state. Is this not true?

[@JohnBeerschoten]

@@Grayson-om5hk Your attitude is good. Most of it is true, but it is not entirely true. Israel has no borders and Israel has no constitution. Many experts also argue that Israel has no legitimacy because Israel refuses to implement Resolution 181, which even allowed Israel to exist as a state. Resolution 181 is there for everyone to read. The Ottoman Empire was relevant and then the British Empire became more relevant. The British Empire had a mandate over the territory of Palestine, which should not be confused with 'ownership'. A mandate refers to administrative law. In this context it is good to read the one-page Balfour Declaration of November 2, 1917 and the conditions therein. You are on your way to a clear and scientifically defensible understanding of the situation.

[@JohnBeerschoten]

@@Wildcosima No, that is not correct. Palestine has never been part of an Empire, it has only been a part under administrative law like under Roman Law. A mandate does not imply 'ownership'. Meaning the name of the territory is not changed. There is no law that makes it possible to declare a foreign territory as lawfully one's own territory.

[@EdwardThomas-x4j]

All our cell phones come from African slave labor. Slavery still exists; now it's with emojis and happy faces.

[@lonmorgan5260]

How many people have left the states?. There are millions of ex- pats living in other countries around the world, comfortably I might ad. I would be one of them if I wasn't in my middle 70s.

[@erics4379]

Take a trip away from North America and spend a few months there. If you don't pay home insurance, medical insurance parking fees in the US...time to go somewhere to relax and turn off Trump TV.

[@kpokpojiji]

​@graysonric the people risking their lives to come to America and Europe are in large part fleeing war political upheaval or environmental collapse. No one from Europe is desperate to lower their standard of living and come to America.

[@emilianosintarias7337]

@@graysonric migrants are going to those countries, and china and russia are actually more comfortable to live in as a working class american than the US is now. I have been to both. I can make 50 dollars per hour in china and it still costs 3 or 4 bucks to order delivery food, and the bus costs 30 cents, while the internet is faster, streets are cleaner, and a high speed train can take you halfway across the county for 30 dollars. Nobody cares if you smoke or drink a beer outside or in the park. There are border control stations on highways to check for migrants from Myanmar and other countries, and illegals are deported all the time. I have European friends making good money in India too.

[@kimkorn3831]

The overwhelming majority of Americans are too poor and under educated to make that kind of move. Most the Americans that move/live overseas are the rich individuals that are actively hurting America.

[@kimkorn3831]

Most Americans don't have enough money to vacation with in the US, let alone outside it. It not that they don't want to leave, it's they can't afford to.

[@pieinher67]

Speaking this much truth the ever reliable Wolff Perspective must make him the most lonely sage on earth...

[@LuckyMike-k9k]

It's certain that this year will bring more challenging challenges. Looking back, I realized that I spent the entire previous year making expensive financial blunders because I was so consumed with worrying about my portfolio. I was forced to decide between raising my investments and purchasing a home. I discovered that the property I had bought needed more work than I had anticipated after deciding to sell my investments. It's becoming more difficult to determine how much longer I can take this.

[@LindaJennifer-y3b]

Take things easy, we've all made mistakes

[@Wesleyannie-i5y]

Invest in companies that provide current cash flows to diversify your portfolio. I hired a planner at the end of 2024 to enhance my portfolio, and in the last ten months, I've made profits in over fifty thousand different marketplaces. Should 2025 teach us anything, it's that luck doesn't last forever. Even in times of abundance, we should put in more effort to prepare for the worst-case scenario.

[@JessieK-b8c]

Can you recommend your advisor? I could really use some assistance

[@Wesleyannie-i5y]

Layan Talia Chokr. You'll undoubtedly find out more if you look her up online.

[@JessieK-b8c]

I appreciate the lead. I did some research on her and emailed her. I'm hoping she responds to me eventually.

[@Nine-Signs]

Richard D. Wolff, is a living legend, as is his wife. I wish them well as I do all of you.

[@patriciaflores6425]

I plan on only buying what I need for the next four years. This is my way of protesting having a criminal in the White House.

[@jam50things]

With a Business Strategic Management MBA ...this is truly good analysis...we came to this conclusion in 2011...!! This is obviously more precise...over time.. i am not even surprised when the masses blindly vote against their interests. It will take political bravery to save us all...

[@nayanmdesai]

My youngest grandchild watching and telling the whole family, ''I AM NOT A BOY WHO CRIED WOLF'' LISTEN TO Richard D. Wolff ..... VERY INTELLIGENT ECONOMIST.🥰🥰🥰

[@robinkennedy3190]

I have watched over the decades, the erosion of at least half of voting Americans, knowing less and less knowledgeable of economics and civics. Parents teach your childrwn what the schools have been prevented from doing. We arre ALL smarter than this. Unfortunately, so very many have NO concept of real economic concepts which is why our middle class has dwindled. China allows corporations to pay far less than living wages. That is part of why, under Reagan, all US manufacturing went overseas. America has been forced into a service oriented economy. Until the US brings back manufacturing, we will become a third world country. Unions kept us strong in manufacturing. We are declining economically because the American worker has been replaced by a billionair culture. 650 entities are all that is enriched in the US. We the people are not even recognized any longer.

[@neideparente1449]

Blame China, american infrastructure is below sub par, you become a casino economy, just about a quick killing in the market, you lost that can do capacity and became a bumbling nothing right, a Race of victimized crybabies perpetually drinking beers, taking drugs , bemoaning fate and thinking if only there were no imigrants you would ALL be rich influencers without any work. You will only become sterile, a hollow shell, the "Christians" who actually hate Christ BECAUSE Christ is all about loving their neighbor and nowadays these "Christians" ARE all about killing their neighbor while stealing all their possessions. This life is but a rehearsal to the everlasting períod where you will be judged by God and then live with Him or not, disappearing forever according to His judgement.

[@BerryMike-d9v]

Maximize profits is the fundamental principle of capitalism so how can you bring manufacturing back to us if producing abroad (not have to be just China)is more profitable? Union is the key factor make manufacturing cost higher in producing in US that is why corporations move to China. There just no union there in China, period

[@francoisehembert3243]

Modern factories use primarily robots to manufacture products. Bringing mfg back to the US (and other Western countries) is not goung to solve the unemployment.

[@EdwardThomas-x4j]

People have become dumber and dumber.

[@julieito9523]

Thank you, I appreciate your knowledge and candor!

[@jefferyholmes4954]

China is eating our lunch and we're worried about the border... What is wrong with us. I don't get it!

[@sandrabentley8111]

It's called distraction. Rump distracts with immigration, gets people all riled up, they don't see the real issues of a failing economy and declining American empire until it is too late.

[@missmelody6185]

Disinformation. The cesspool of lies coming from the right wing and Russia has torn this country apart- to the point of electing a Dictator and a bunch of billionaires who want to take everything away from us. Everything. We are in deep trouble. There are less border crossing now than when Trump was in office but the right wing machine convinced a large portion of Americans that we are under an invasion.

[@Steven-ct9th]

Can't deny this, What rises fast will go down fast.

[@MarkSchoene-p7p]

Im German and Im shocked in what Speed Time with growing the Internet they are the World in Chaos and Worse Decline!

[@user-qo3jh9mn1t]

I sure hope there's a part II to this. The one that tells us ordinary people how to survive.

[@dabirtvbox602]

Our Political systems must be changed worldwide!

[@zen-mc4ju]

That means civil war and more likely endless war.

[@sandrabentley8111]

Well the citizens of the US are greater in number than any billionaires. Our voices will be heard far and wide. Our discontent is mighty. Only then will things change.