Money, Power and Wall Street, Part Two (full documentary) | FRONTLINE

[@EvaHoffmann153]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@TicheDebb0]

Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.

[@AshleySommerset808]

Often, people underestimate the value of expert advisors until they're faced with overwhelming emotions. Following a grueling divorce, I needed guidance to ensure my business's survival. A few summers ago, I sought out top-notch, licensed professionals and connected with an exceptional consultant whose credentials stood out.

[@henryallard245]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@AshleySommerset808]

Rebecca Noblett Roberts has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@EvelynBrooks0]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@williamyejun8508]

There will likely be no end to the current banking crisis very soon. Experts with over ten years of experience know that credit problems don't go away in two weeks. It's funny to see how some individuals think everything has already finished so quickly. We are seeing a contraction of credit that will eventually lead to a significant downturn of the economy as a whole.

[@alexyoung3126]

I've come to see that companies are not trustworthy over time. I suffered greatly during the 2008 financial crisis. I've just started concentrating on investing through a financial advisor since 2019, and it's been profitable. Since I began in 2019, there has never been a significant loss reported. I will never work full-time in a bank again.

[@lawerencemiller9720]

This is really impressive, hope you don't mind if I ask you to recommend this particular professional you use their service? I have quite a lots of difficulty sorting myself out in this downtime.

[@lawerencemiller9720]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@J_Nine_Lives]

Another bubble is bursting soon, and I'm just holding onto cash and buying gold with it at this point.

[@acooksla]

That’s for sure

[@leewatkins1610]

this narrator has the best voice ever to do documentaries.His seriousness,his tone is the very best.I have said this for 20 years.There is no one better...

[@dennisbrock1435]

Yelp just like Joseph Goebbels.

[@mercedesbenz6657]

What is his name?

[@joesimmons1069]

I would listen to this guy if it was a documentary on bread making

[@lynb1022]

Narrator is William Lyman, been with PBS Frontline since 1984. Impressive!

[@lynb1022]

@@mercedesbenz6657it's William Lyman

[@CRS-sc3oj]

It is difficult to relive this without breaking my phone in a fit of rage.

[@heidikure3372]

I lived it n lost everything. But didn't loose my mind

[@philipfletch]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[@RoseGuerra7862]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@martinheaway]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation from $275k to $850k.

[@JaneClark7861]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation

[@martinheaway]

Amy Desiree Irish is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@JaneClark7861]

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

[@fireball0762]

Thank you PBS. This is the kind of documentary we need to see in the USA

[@geneahart5607]

The real story is that no one that was responsible had to pay, in any way.

[@oldmandoinghighkicksonlyin1368]

Obama could have, but Timothy Geitner convinced him that "doom and gloom" would've rained down if the president threw his friends in jail. So he pussed out. And because of that, the Tea Party was born. Then Trump. It's all linked.

[@tonyfrattaroli7371]

Correct - we paid for them

[@HarmonixsLoL]

The American people paid for it.

[@russellhamner4898]

They were given pretty stern reprimands and promised they'd never* do it again! What more do you want from them?

[@peredavi]

Washington is totally owned by BigMoney. The middle class, what’s left of it, pays the taxes and dies in their stupid wars.

[@bobbymainz1160]

"It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow."

[@alexyoung3126]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

[@williamyejun8508]

If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.

[@johnlennon232]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@williamyejun8508]

Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@johnlennon232]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@pngo2017]

Every high school and college student should be watching this documentary before graduating, imo.

[@Arsenic71]

Without any doubt, this is the best documentary series about the financial/subprime mortgage crisis ever done. Frontline is a real reference when it comes to facts. As a European I am grateful for this kind of unbiased and fact-based videos. God bless you!

[@julianciahaconsulting8663]

I think these documentaries are just giving an officially approved sanitized account of what happened; what real happened behind the scenes is something we would never be fully told. On every major news event we are just given a few fleeting milliseconds of peeking thru the door of Truth before that door is slammed shut again....

[@GorkemHernandez]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@GorkemHernandez]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@GorkemHernandez]

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

[@acooksla]

Diversify, diversify… that’s what’s we did

[@paulcompme856]

get you some credit default swaps - sounds like millions were made with them.

[@John-j5k3k]

The stock market has exceeded expectations in 2024, and it is easy to get stuck if you enter the market at this time. I suggest you consider the cryptocurrency market.

[@insomnia9999]

I had just graduated college and this was the first time after 9/11 that the only thing I watched was this. All my friends lost their jobs and had to move back home. I was one of the “lucky” ones that was able to keep my job but did not get a raise or cost of loving adjustment for 4 years straight.

[@johnpinheiro6211]

Aaaaaaaas

[@NetworkSkyler]

At 51:00 my stomach dropped. Learning that there were no rules put in place as to how these banks should act or use the money they were given makes no sense. Zero logic. Imagine receiving billions of dollars for doing a horrendous, criminal job.

[@1MinuteFlipDoc]

the rules are for thee but not for me. :)

[@jamiekensington1155]

Yup that's basically what happened. I want to know how this was for the good of the country, really please tell me

[@podglewis]

That’s capitalism bruh

[@homijbhabha8860]

@@podglewis that's crony capitalism, not capitalism, if it was capitalism, the free market would dictate that these banks should collapse. The Dillema is these banks were so big due to lobbying that them failing meant the US economic collapse, like Venezuelan level shit.

[@podglewis]

@@homijbhabha8860 what lead to this problem was capitalism and what befell them was cronyism. We should have let them burn. All we did was move the goal posts to prolong the eventual collapse.

[@slimegamer4724]

It’s gross how the ones who caused the crisis faced no consequences

[@cy_young_9104]

Their consequence was million dollar bonuses

[@mohdakil1098]

@@cy_young_9104 😅

[@topgrain]

They were literally rewarded for it. No effect on their outlandish salaries, bonuses, etc. All for f'king the economy nearly into its grave.

[@bencrawford6350]

@@topgrain nv

[@lonemaus562]

Not only did they not get in trouble They actually made money lmao.

[@philleach6271]

700 billion is going to look like child’s play in the next financial crisis. And it’s coming sooner or later .

[@WackadoodleMalarkey]

$700 bill will get you a squirt of Starbucks after it's all over

[@craigpoer]

1.5 trillion last year 3.5 trillion this year Makes billions look like small stuff. All on the backs of the middle class

[@Happy32153]

What if we refuse to pay it back?

[@philleach6271]

@@Happy32153 you end up incarcerated.

[@waynedonoghue4071]

@@philleach6271 Not if every single person came together and refused.. They can't throw everyone in jail... But, that will never happen.. Because society hasn't learned how to come together as one yet.. Imagine, billions of people, against a few hundred who tell us all what to do.. and we haven't figured out how to join together and say 'no'... Instead we just remain as individuals and do what they say.. Such a shame

[@Raymondcraw1967RaymondCrawley]

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

[@FaithAndrada-xo9ou]

Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

[@BrewerVera]

I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

[@AndersonFair-cy2bb]

Your advisor must be really good, how I can get in touch with them as my portfolio isn't doing well.

[@BrewerVera]

I don't comfortably throw recommendations around on the internet, but I've been working with 'Melissa Maureen Ward'. God, she's brilliant! I'm sure there are others who are good.

[@Tim_ra]

Stick to index funds that track the s&p 500.

[@robertdivany1627]

The rich got richer and the poor got homeless with this crisis. I remember that very well

[@JayBryce916]

Morals?...Do whatever it takes to stay in power I guess. No winners in this situation 😒

[@oldmandoinghighkicksonlyin1368]

Don't forget all the extra suicides among the poor.

[@cadillacmonte]

That’s what you all get for supporting capitalism and that’s how it’ll forever be until we implement a new system

[@robertdivany1627]

@@cadillacmonte and what that system will be like

[@mikeylikesit3393]

@@cadillacmonte so ignorant. Saying capitalism is bad is silly. Only young people throw out these asinine statements. Having a free market with regulations is how our country works. US made a huge mistake and allowed this to happen. Parameters are now in place to protect our population from this debacle.

[@alexyoung3126]

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@stephaniestella213]

My main concern is now how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@oneiljerry9460]

It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a financial market expert that can provide you with entry and exit points on the securities you focus on.

[@kimyoung8414]

@Zahair O'Brian could you advise how to reach your advisor? because I'm seeking for a more effective investment approach?

[@kimyoung8414]

@Zahair O'Brian I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks

[@motherlessgoat72]

​@zahairobrian671These are bots. None of this is legit. They're using fear-mongering to get you to funnel your life-saving to a questionable investment broker who will then suddenly disappear once you wire the money to them. Run far away from these scams. They mean nothing but financial pain in your near future.

[@Olivia-pe5vf]

No punishment. How unfair. Nobody comes to rescue me from my debt. What happened to no government entervention? Welfare for the rich.

[@oldmandoinghighkicksonlyin1368]

That to me is Obama's legacy. He had a chance to strike a blow for the people -- the reset the scales and stand up for an American ideal. But he opted to do nothing in the interest of "stability." But banks would've been fine if you threw the top 5 CEOs in jail for life.

[@gloria8093]

@@oldmandoinghighkicksonlyin1368 Technically they hadn't broken any laws, well most of them anyways. What he should have done was tie the 2nd bailout to debt relief. I could understand the urgent panicked nature of the 1st bailout, but the 2nd bailout had more breathing room.

[@michaelswami]

Wait, you wrote this after the pandemic. Did you cash any of those checks? Take advantage of any of those loans, deferments, or unemployment extensions?

[@toddinthemiddle]

@@michaelswami 🤡

[@toddinthemiddle]

@@gloria8093 it's not a matter of law, it's the fact that banks use our money against us in the market to, essentially, steal from us through hedge funds that DO break the law.

[@brianrushing6246]

What I've learned here is a few hundred people should of been pulling time in a federal prison.

[@lorinelson7523]

Exactly! Did these people pay any personal price at all? No!

[@lawsonj39]

Including the regulators and politicians who failed to force these financial instruments into the light of day.

[@annowens5019]

ALL of the above!

[@webtraveler0774]

Yes, bail them out but put in jail the ones to tank the economy or at the very least mutli millionaire fines and barred from finance.

[@oldones59]

In solitary confinement.

[@justmyopinion9883]

Thank you, Frontline. Magnificent documentary; I learned so much.

[@slackhackman9115]

I concur 🙂 Frontline digs alright 👍

[@99.99]

Horrible reporting . They give you the impression the politicians are better off paying then letting the crash happen and that is the problem! Journalism should instruct the public not deceive them. Our economy is a giant Ponzi.

[@MsGreenbaypackerfan]

0

[@MsGreenbaypackerfan]

da f

[@ReclaimerX]

Buckle up, 2022 looking like round 2. 2008 never stopped, they just pushed the pause button.

[@obey2dmax]

@Reclaimer. I think next time which is very imminent will be 10 times worst than 2008- 2010 Housing Bubble because pandemic made it worse. Housing Market doesn't need correction, but the system needs to be overhauled. Prices are outrageous. The only difference is that in 2008-2010 banking institutions were bailed out, recently it was taxpayers were the recipient of a massive bailout. The next one could be THE financial armageddon that will succumbed US Economy to its knees.

[@ReclaimerX]

@@obey2dmax covid was a convient excuse for them, things were gonna implode anyway, now they can blame something other than their reckless greed. And yes, by the current look of things... it's already much worse.

[@acooksla]

Agreed

[@slackhackman9115]

The excessive level of greed involved in this was beyond biblical.

[@walterwilson7859]

*Is beyond biblical.

[@darkness595]

@@mdstate829 that’s why the government has to REGULATE THEM …

[@hornpub267]

WALLSTREET IS SATANIC

[@johnhopper6521]

Evilous!!

[@79wouter]

You have to remember, these are people believing theories professed by people like Milton Friedman. My only job is to make as much profit as possible. The more profit I make, the better off everybody will be. Intentions are good. And you see that throughout this documentary, whether it's the bankers inventing tools that lets more people buy houses, or the politicians bailing out banks to prevent the economy from 'disappearing'. Good intentions, bad intellect. It's logical when you think of it. As if people are going to be able to live with themselves knowing they are horrible people. Even Hitler must have thought he was doing the world a favor. Even the people that financed him. Even the people behind the assination of JFK. It's hard but think about it. How many people have you met that just say: jup, I'm a complete and utter piece of shit, I like to do horrendous things that benefit no one but me'. That's not how people are. As humanity progresses and things become increasingly more complex and volitile, it seems that human intellect is increasingly challenged, and that decisions become more disastrous. Our brains are built for picking berries and hunting deer. Now they are commanding nations and economies.

[@russellhamner4898]

As a taxpayer - and I know I speak for all of us here - I am so glad that I got to help bail out all of these crooked, greedy banks. I'm SO glad that none of their executives had to go to jail over this! "Privatized success, socialized losses." It's the American way! 'MURRIKA!!! F YEAH!!

[@robertpendergrass7996]

All started in 1980-2022, 42 years of Ragonomics Republican and Moderate Democrats failed economic tax policies to the richest 1% and corporate America. At the expense of American infrastructure rebuilding blue collar middle class workers and the working class poor. Minimum wage over this 42year year 1980-2022 period only 7.25hr making corporate slaves out of all working class Americans . Over 54 tillion dollars plus two corporate America taxpayer baiouts to the rich. Truth + Wisdom = Peace ✌ 🙏 👏 .

[@michaelbryant2071]

What is so ironic, these thieves advocated for no oversight. They simply became victims of their own greed. When that happened who did they turn to for help? The same government they didn't want looking over their shoulder.

[@ndiogoudjim4123]

Pour un meilleur parcours professionnel et éducatif me renforce de motivation pour un monde meilleur climat

[@kellyname5733]

@@michaelbryant2071 Victims?? No effing way. They all walked with trillions of our tax dollars. Those monies are called 'Comps'. Money taken first to all those who are involved is the sale/merger/bankruptcy. Money that came from all of us called tax's.

[@appalachiabrauchfrau]

mmmmm I love corporate socialism. Can't let a company fail, oh no no! But you had a stroke? Good luck with your insane bill lol. t. US gov

[@JayBryce916]

It's a club and obviously we ain't in it🎯💯

[@hornpub267]

MEMBERS OF THE CLUB MUST SELL THEIR SOUL TO SATAN

[@awalker8371]

George Carlin classic

[@JayBryce916]

@@awalker8371 you hit my comment right on the nail😜👌🏾💯

[@FrankHeuvelman]

And you never will so stop trying. You'll live longer in better health. All those club members have become terrible people, hated by many. Don't forget that all these people are just as frustrated as you are *_because it will never be enough!_* Be smarter than them.

[@humbertXX]

This had me at the edge of my seat. Frontline is the GOAT.

[@tomlxyz]

Goat?

[@gonebamboo4116]

Frontline sounds more & more like controlled opposition. I'd like to see a Frontline episode on that topic as well as Hegelian dialect and ideological subversion.

[@CRS-sc3oj]

GOAT = greatest of all time. Controlled opposition? Exactly what part of the truth is missing that cannot be tolerated? I think they do a phenomenal job of reporting the plain facts while maintaining political neutrality, which is very rare in our current journalistic milieu

[@rakheemaesthetic8783]

They apart of the problem...always reporting after the problem why dont they really get on the frontline and start reporting before the problem

[@CRS-sc3oj]

@@rakheemaesthetic8783 it’s kind of hard to report on something before it has even happened. If you mean while it is happening, they do that all the time. They also do in depth retrospective that takes years of recent events together. Part of what problem? The issue of bankers and Wall Street? The disparity of power and income inequality? I don’t see your point.

[@numberstationscartoon2689]

Frontline is such an amazing source of information. This is such a fascinating example of the inner workings of Wall Street.

[@elevatormechanic7120]

If Frontline is such an amazing source of information why is Frontline not talking about the current REPO market blowing through one trillion a night? Has Frontline published articles showing how the Federal Reserve is monetizing our debt? Has Frontline established how zero percent interest rates are destroying savers, especially the retirees? Has Frontline investigated JP Morgan Chase for spoofing the precious metals market and receiving nothing more than a slap on the wrist? Maybe Frontline should show how fiat currency system typically only last forty to fifty years throughout history, and that this fiat system is currently collapsing.

[@cheeseburger9232]

@@elevatormechanic7120 maybe they tell us in 8 years

[@sombrecynic4966]

@@elevatormechanic7120 You do realize you can't discuss every single financial problem that has ever existed in one video, right? Stop it. Get some help.

[@elevatormechanic7120]

@@sombrecynic4966 personally I am ready for a banking collapse. It just sucks for everybody else that doesn’t know, through no fault of their own that will pay the price for it.

[@Anewuser_6282]

Frontline is a great resource but it is biased (to the left) and influenced by its sponsors; mass media, including PBS, is propaganda.

[@jameswood9772]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

[@bobbymainz1160]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or markt condition, but such execution are usuallv carried out by investment experts or advisors with experience since the 08' crash

[@alexyoung3126]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.

[@lawerencemiller9720]

this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy

[@alexyoung3126]

Lisa Angelique Abel is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.

[@lawerencemiller9720]

this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!

[@Bridget-l7p]

I've been hesitant to invest in the present market, but I believe it's the greatest moment to get started. I heard one person talk about making over a million dollars with $450,000 in cash, and I'm left wondering what talent and plan would yield such a return.

[@EthanBrown_23]

Avoid hasty decisions based on short-term swings. Prioritize patience and a long-term perspective, and most importantly, seek financial advice to make educated purchasing and selling decisions.

[@DavidLucas-so8rr]

Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.

[@Bako-b8j]

Please who’s this consultant ?

[@DavidLucas-so8rr]

Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.

[@trazzpalmer3199]

She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.

[@everett79]

I couldn't even imagine getting crushed by a market collapse, and then immediately after, learning my life savings invested with Madoff were completely gone. These people are soulless greed hounds and deserve lengthy prison terms instead of multi-million dollar bonuses.

[@briangodby8405]

It sucks that's pretty much what happened to me....

[@lilyofthevalley9819]

TotallyAgree...those ppl getting bonuses? ITs a bad joke.& My taxDollarsGo2BailThemOut 😞

[@greenboxmedia6291]

Arresting these fools, would be too civilized...a more harsh punishment is deserving...🤔

[@kidhuman1]

so we solved their greed and corruption by giving them a blank check and a pat on the back. nice

[@SrJackquito]

“They didn’t see how the financial system was rotten over years” Of course they didn’t. Watch part 1 of this series and you will understand why. In the 1990s the government failed to regulate such markets. Yes there were some signs missed by the government, but those signs were just crumbs compared to the whole issue beneath.

[@tombryant52jumpscoach]

There was a time when banking, insurance, investment businesses were not allowed to mix. That was the law. There was a good reason for that I suppose.

[@LuvmeRos]

People in our society are finding it necessary to acquire new sources of income due to the always shifting economic conditions. For this reason, I am considering investing in the stock market to help me reach my $3 million retirement goal.

[@albacus2400BC]

There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.

[@CrystalJoy-32]

I agree. From my experience with a financial adviser, my diversified portfolio has grown to over $1m. Investing in stocks isn't just about having money-you need knowledge, persistence, and a steady hand.

[@alicegomez7232]

Could you kindly share the contact information for your financial advisor here?

[@CrystalJoy-32]

I work with "Monica Shawn Marti" and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

[@FrankPatrick-no8zo]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@hersdera]

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.

[@bernadofelix]

Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

[@angelobrussel710]

@leonAlbert90 SCAMM as well

[@CultgentlemanJack]

Watch out be very careful who you listen two. There is a lot of con artists looking to take people like you for everything. I would delete tour post you just let a lot of people know how much money you have.

[@patriciaclark9957]

Yeah I'm sure she's legit.

[@benm3382]

I think this debacle was really the inevitable result of our system, where more money and more growth is always considered better. There is no incentive not to push everything to the limit, especially when you yourself won't be held accountable.

[@Best2024_job]

These 3 individuals really didn't handle the great recession well. Thanks PBS in showing the details behind the scenes. How could Paulson, Geithner and Benarke give our taxpayer money to the banks without putting specific regulatory actions and restraints on the Bank CEOs compensation and penalty ? This shows how much contradiction of what Paulson claims on "Moral Hazard." Before the recession, Greenspan made one of the major mistakes at the taxpayers cost: No underwriting regulation on risky mortgage product. I hope Greenspan never come out speaking about economics because he has lost his credibility as an economist and Fed official who should safeguard the interest of ordinary folk.

[@compugasm]

_How could Paulson, Geithner and Benarke give our taxpayer money to the banks without putting specific regulatory actions and restraints on the Bank CEOs_ And here we are, at the brink of giving Ukraine another XX billions, with no accountability.

[@187mrsmith]

Every single one of those bankers that created the CDOs should be fired should never be allowed to work in the financial institute again or have any type of impact on our economy But yet they all still have Top jobs at other fortune 500 companies affecting our economy

[@Moodboard39]

Blyhe masters started all this... It was her idea.

[@oldones59]

I'm on limited fixed income. I buy a $1 scratch off lottery ticket once in a while. I have no empathy or compassion for the arrogant people who were involved in these matters.

[@raedbilbessi4397]

The curses of our times; politics, banks, greed, and the lack of any kind of accountability.

[@fourhorseman7081]

Ron Paul "How do all wall street CEO's become the Chairman of the Federal Reserve?" Ben Bernake "We are the only ones who understand how the economy works." ---proceeds to run the economy into the ground. Yep that's how it works.

[@LIONTAMER3D]

not that you comprehend any of this, but how exactly did bernake "run the economy into the ground"?

[@masikoniwagaba]

Bernanke was a UNIVERSITY ECONOMICS PROFESSOR

[@fourhorseman7081]

@@LIONTAMER3D love you guys, but the response of the Fed has always been print more money. It doesn’t work. Raising rates to regulate inflation doesn’t work either. You should never control the countries financial status by what your government dictates by your borrowing rates.

[@fourhorseman7081]

@Michael Vainshtein and since I was never employed at Goldman Sachs I never will be.

[@dub-ya243]

Frontline is my all-time favorite investigative program; no other programming can compare. I would say, Implement All of the "H. R. 4173, The Dodd-Frank Wall Street Reform and Consumer Protection Act." Most of all, hold the Banks and Wall Street accountable. Also, this video should be used as a learning tool in our schools as it points out just how things can go wrong.

[@motherofdoggos3209]

What really set me off was a few weeks later when these bank managers walked out with huge bonuses. My husband and I didn't take a CENT out of our business for six months. I lost my IRA but saved our house.

[@samboescondido5609]

This episode is perhaps the clearest explanation of how everything went so wrong. It really laid out how the dominoes fell

[@jtellett]

Frontline is awesome. They produced some great documentaries during this crisis.

[@ShamileII]

So much awesomeness! What a fantastic documentary. Having lived through it with my aluminum manufacturing company and rental properties on the line, I remember every news story on CNBC from that time. It was constantly "waiting for the other shoe to drop"

[@Kwodzoshadrack]

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

[@uruakpastanley]

I'm happy to see Mrs. Adriana carlos mentioned here , my spouse recommended her to me after investing $ 5000 and she has really helped us financially in times of COVID -19 lockdown here in Australia. 🇦🇺

[@Kwodzoshadrack]

@Michael Ruben Thanks for the information. I will communicate with her

[@raskudzie2918]

@@Kwodzoshadrack its a scam

[@aguerozeus9705]

The economy hardship, recession, unemployment and loss of job caused by covid pandemic is enough to push people into financial ventures.

[@ervinmiller938]

I have secured financial freedom by Investing in bonds, equities, EFT's and some digital currencies

[@jamesmarcus4105]

Invest just 10% of your earnings, your own hand-picked stocks. You'll realize that you have beaten "Monday blues" for the life. There's a mystery in investment, that's why Investing in cryptocurrency is one of the best chance of making money

[@darrellrichardson9772]

@@ervinmiller938 I wanted to invest more on digital currencies (crypto) but the fluctuations in crypto value discourage me into dumping.

[@hassanzackir3949]

@@darrellrichardson9772 that's why you need the help of a professional who trade and understand the market to earn good more income. These professionals understand the market like it's there own finances

[@smithwillison6345]

it's surprising that people are so scared and discouraged by sudden drop in value, most crypto traders and investors are less knowledgeable about the dynamic of Cryptocurrency. it's a time to be investing with Mrs Bella.

[@123saycheese]

In a few more years we will see another Frontline doc on another financial meltdown on this upcoming year…sad

[@pauly260]

…and no one went to jail.

[@andrewDaMack]

How did the government bailed these banks yet these banks and mortgage companies were allowed to foreclosed people's homes?

[@Moodboard39]

Hmmmm

[@michaelfernandez3182]

Cash Bailouts for regular people is socialism, Cash Bailouts for incompetent corporations is responsible Capitalism!....the hypocrisy is disgusting. These people need to be held responsible.

[@dianaverano7878]

Im suprised how americans easily mention " communism and socialism" Instead of being angry and demand from the govt to put in jail, those responsible for contributing the mortgage crash in 2008.

[@Cristian_M_]

Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life

[@tracyholian2944]

I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

[@Muchen218]

Wow, really. I was able to make my $25k on investment

[@geralyncainglet2626]

​@@tracyholian2944I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

[@aprilclaudette2057]

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

[@Brookeinda]

You’re right but a lot of people remain poor due to ignorance

[@187mrsmith]

Its messed up the people that create this whole chaos get bailed out and get another top job at a fortune 500 company so therefore they face no consequences! While some of us are still dealing with this from 2008 where our families were affected through property and there networth!

[@MakeamericaGreatagain-h7j]

Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 15 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

[@devereauxjnr]

Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.

[@Tsunaniis-j5l]

@@devereauxjnr I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, 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 out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.

[@DreamweaverShade-h9p]

@@Tsunaniis-j5l I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

[@Tsunaniis-j5l]

@@DreamweaverShade-h9p My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.

[@DreamweaverShade-h9p]

@@Tsunaniis-j5l Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@WoolleyWoolf]

None of the banks and neither AIG should’ve been bailed out. The natural consequences of their decisions should’ve just played out; to see who it would’ve affected most - those with millions of dollars with comfortable lifestyles would’ve lost the most amount of money. Welcome to our class is what they deserved to hear.

[@yogitam2372]

Totally agree with your statement.

[@arun8278]

Wait so from the previous episode of the documentary, some people from JP Morgan came out with the idea for baggaging everything, then everyone followed suit, JP Morgan stopped and then the federal reserve payed them 30 billion dollars to fix the very problem they created. This is absurd. Correct me if I am wrong but wow.

[@tonypaella]

They weren't using it for msb's. They thought it was unsafe

[@lynbeck2359]

Great education, a reminder of investment bankers greed Truly, corporations need to pay higher taxes.

[@rayjulian8044]

A big FU to every banker, CEO, CFO and all of those hedge fund investors.

[@BB-ec4ss]

Imagine taking orders from liars, thieves, paedophiles, psychopath's and mass murderers, and thinking you're more virtuous than those who disobey.

[@187mrsmith]

Greed will always be a CEOs Downfall! Unfortunately the customers as n everyday folks are the 1s who feel it the most!

[@MathForAll81]

Alan Greenspan , Ben bernanke ,&Henry Paulson were the architects of ‘08 recession

[@JacobPaula]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@JaneBlac-]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@Helen_white1]

Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.

[@Dave_East]

Fascinating! Hello! While I'm relatively new to the world of investing, I've heard that the present moment offers a great opportunity to make purchases. I have some funds in my bank account that are just idly sitting there, and I'm eager to put them to work, especially considering the current high inflation rates. Do you have any information about this coach who provides you with support? I'm interested in conducting some research to learn more about them.

[@Helen_white1]

Yes, a Fidelity financial advisor named "Stacie Lynn Winson" put an end to my fears about investing, and after making more investments, I was able to reach the high six-figure mark in less than 3 years. A licensing advisor satisfies the necessary security criteria; hence, reimbursement is guaranteed if I'm dissatisfied with the service, so I'm much better off hiring one.

[@Eric_moore484]

I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her. @@Helen_white1

[@davidk8457]

I think we are about to experience something even worse ... god help us.

[@youn-heepare2034]

Moral hazard. These people are like spoiled teenagers with a rich daddy who never spent time with them. They will never learn if you keep bailing them out. You may keep them out of jail but money will not bail them out of hell

[@minidusa]

It’s so hard to explain to my fellow working class Americans what actually caused the 2007-2008 financial crisis and frontline did it so easily. There’s still so much obscurity about what the banks did to wreck the housing market so bad. It’s so important that we keep these public sources of information easily assessable and publicly available, thank you PBS for posting this free to watch on KZbin

[@mrsirdrbiology]

I dont like how so many of these people are smiling when talking about the damage that happened and their part of it.

[@Theactivebob]

Do you think It makes sense to consider our life as something serious? You are not a philosopher.

[@everett79]

@@Theactivebob Your response is easily one of the dumbest things I've ever read.

[@Theactivebob]

@@everett79 I'm glad to read your comment. You don't understand life. People like you create a lot of additional resources to manage and use you)

[@Rickwmc]

"Concentration of economic power in all-embracing corporations results in a private government which is a power unto itself - a regimentation of other people's money and other people's lives. - Franklin D. Roosevelt (32nd U .S. president).

[@samreynolds3789]

MILLIONS MORE HOMELESS people , but WEALTHY people GOT RICHER!

[@maire8481]

Also, I don't know how I missed that press conference with Paulson. Where he literally ran away from the podium before anyone could ask a question. Pretty sure I'd remember something that alarming, had I seen it? Maybe not. There were a lotof alarming things going on.

[@YABBAHEY1]

And a happy ending. Thank goodness all the responsible rat finks retained their fourth beach front properties w/enough left over for hefty bonuses. Really had me worried there for a moment. Now if you'll excuse me I need to get back to my spot under the overpass before the rain starts (it's loud but relatively dry) Bless you Wall st.

[@thelouster5815]

Sorry sir but that bridge is corporate property and therefore squatting is prohibited. I’m afraid we’ll have to send you to prison for 10 years.

[@pwood5733]

Love how these criminals and gambling addicts try telling us whats going on as if we the tax payers are too stupid to see through the bull poo and know what they are doing

[@maxprado9030]

Unbelievable work Frontline! Bravo.

[@ralphmorton2674]

Excellent documentary! Outstanding journalism Frontline! RCM

[@Project2013B]

I want this guy to narrate my funeral.

[@laurasplicer712]

Wheres your maga hat?

[@Moodboard39]

That's stupid request

[@mecthegreat92]

Screw correcting the market, government needs to focus on correcting the economy.

[@chrisbaxter489]

Never let a good crisis go to waste to steal money from the people, or at the very least devalue their currency.

[@mchaeltebo786]

Let me get this straight, all the risk the banks keep moving on down the road, became embedded in the financial system and almost collapsed it and average Americans had to pay to clean up the mess. This really does not say alot for your Ivy League MBA types.

[@rus7396]

The world is so close to experience one of the worst economic meltdown ever experience by man kind in the great tribulation.

[@dendres95608]

I have been warning people for a couple years now.Once the markets resets or crashes if you will,It will make 08' look like a day at the beach! We are sliding into the greatest depression this country has witnessed.

[@HelnoIaint]

Is there a reason your airing this nine years later ? YES !

[@RosslyneMaina]

Maybe the participants couldn't talk then but did nine years later

[@amols101]

Assuming most ppl watched part 1 as well. This started during the Clinton era, Bush let it continue, alongwith Fed and SEC and then Obama was left with two very bad choices between bailing out Wall St or letting the economy completely collapse. He went for the former. Both parties are responsible for this, in fact the whole system incl FED and SEC. I dont know what it will take America to being stop owned by the big banks.

[@bhagyeshkotian1747]

People blame Obama not for creating or bailing the banks out. They blame him not punishing even a single banker and letting an ex goldman Sachs exec to handle the situation.

[@ifubuildit]

"Whenever you hear subprime, think shit" - Margot Robbie

[@bluesstinger1975]

The Big Short

[@CustomerService-ni6wi]

Imagine what the pharmaceutical industry is doing if this is what Wall Street and banks can do

[@nanettematthews2264]

SMMFH

[@dennyatkins3842]

I think the next meltdown is just around the corner. I remember 2008 I hated my job & was looking for something else. Luckily I didn't loose my job, but had to continue working it for another decade. Good jobs were hard to come by for a long time. Save your money & don't trust the government to take care of you.

[@dennyatkins3842]

@Denis Bajic you need a better job or adjust your spending to the point your eating beens & rice. The hard times will come. The question is will you be prepared. Everyone says they can't save a dime. It boils down to financial behavior. Even if you make minimum wage you can save $10 bucks a week.

[@BrettWarniers]

If you listen to this with singing bowl / meditation hang drum / peaceful forest with light rainfall sounds in the background. it stops being troubling and enraging and starts being informative and educational

[@tomlxyz]

It's that for me without any background music or noises

[@rsod85]

Or just watch it like a normal human being

[@Elliott_Wave]

A precursor to the next larger event

[@belljoe]

Making a million box is easy. I made a couple of millions trading in 2022. What is hardest is making your first million. Don't give up but ensure to take the right steps as each financial decision you make can make or mar your finance. Peace

[@Patriciacraig599]

I started investing about 2 years ago. But with the way things are going, I honestly do not see my self making a million box anytime soon. I trade on stocks but my profit and loss margin are grossly miles apart

[@Alejandracamacho357]

I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.

[@smithlenn]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

[@Patriciacraig599]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same

[@smithlenn]

I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with Julia Hope marble and she's really good.

[@hector5749]

I was still in High School but I will never forget this. Still gets me upset.

[@scottishdude9682]

I love how everyone talks about the evil government. You didn’t see those same people complaining when they got a zero down mortgage with an adjustable rate or refinancing their over valued home to go buy hummers and a boat. There is blame to go around for everyone.

[@ShamileII]

Those people lost their homes and possessions due to bad financial behavior. The banks got rewarded for theirs. .....see the difference now?

[@oj662009]

Did you even watch the documentary??

[@dianaverano7878]

People's mortgage increased along the way. So some of them cant pay anymore. Some ended up homeless. While the people on top are rich. Even Gained money in the process. With no regulation on the newly financial tool they created.

[@tookalook1]

Fantastic work PBS. Very well written and exacuted.

[@operator9858]

its stories like this that killed my faith in this country and capitalism forever. america is a cesspool and 'too big to fail' really shows who has the real power.

[@mastahfrederique1147]

Capitalism works wonderfully if both parties are required to be honest and transparent with each other. The predatory nature of the practices that led to this crisis should have been banned, for sure. Free markets only work if people have all the information they need to make their decisions. That information was hidden and made impossible to understand to trap people for profit.

[@operator9858]

@@mastahfrederique1147 when you have megacorporations with whole teams of lawyers better then yours how are you going to get those things banned? and that same corporation has access to a lot more information then we do.

[@mastahfrederique1147]

@@operator9858 That's a great question. I don't have the answer to it. Limits to political contributions should be reinstated and tightened, but that requires getting the very politicians who benefit from lobbyists to vote in favor of it.

[@spaniardsrmoors6817]

@@operator9858 Name an economic system better than Capitalism despite it's shortfalls...I'll wait...forever

[@operator9858]

@@spaniardsrmoors6817 capitalism is great until it gets taken over, and then it becomes oligarchy and facism and which is why it never lasts.

[@INNO222]

I guess since this type of documentary is being taped and aired again, we're due for another one meltdown?

[@hugodiazgarcia1266]

Congratulations for your insightful analysis of the 2008 financial crisis or bankruptcy, which was the largest bailout in U.S. recent history and rewrote the rules of government on this economic sector due its bast impact on social well-being!!!.

[@Obetv01]

Between 2002 - 2006 in London, I sat on a sub prime mortgage that used to keep me up at night. It truly was the wild west for lending. Your typical high street bank will reject you for a mortgage. Then your FA will bring you a mortgage agreement from the same bank. One rule at the front door and another rule at the back door. Then when you examined the clauses and the variable interest rate. Like a ticking time bomb. I remember at the time thinking; I need to get out of this......burden. Luckily I did. Only afterwards did it dawn on me just how much I was adding to banks profits with their fees and variable rates. An institutionalized scam, mortgage lending..

[@torrancerolfson]

For the newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's the sad truth. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I have lost alot trading all by myself without a guide. Got back into crypto early in 2023 with $10k and I'm up with $128k in a short period of time.

[@AdelineConroy]

How can one start, most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please

[@RobertR.Tuttle]

Well, I will recommend Adam Jeremy; he's very good at his strategies.

[@StephanieJones-o5u]

Wow. I'm a bit perplexed seeing Sir Adam Jeremy been mentioned here also Didn't know he has been good to so many people too, this is wonderful, I'm in my fifth trade with him and it has been super.

[@torrancerolfson]

This is he’s telegrams user name

[@torrancerolfson]

@adamproservice THAT IS THE USER NAME

[@marcpadilla1094]

That was incredible. So many different parallels to a breakdown in morality. Ultimate risk aversion ,tacit, like vapor, but all so essential.

[@Roses-lilac]

I remember Bush’s remark on the whole crash. He said, and I quote, “Oh boo hoo. You had 7 good years, what are y’all complaining about?” Then he left office and left Obama to clean up his mess.

[@dennyatkins3842]

Total BS! Obama gave us the worst economy in my lifetime.

[@derbywinner6316]

@@dennyatkins3842 look you don’t finish to watch the documentary

[@tomlxyz]

@@dennyatkins3842 blaming Obama for a economic problem that built up in the decades before his term? This is the type of voter stupidity that forces politicians to make irrational decisions because voters are too short sighted. Bush could have made stricter rules to avoid this but then voters would complain about him slowing down the economy.

[@Project2013B]

@@tomlxyz Sub 2% growth for 8 years under Obama... he owns at least half of that.

[@zubinwarden7888]

The problem started when American jobs, industries were sent mostly to China that was and is the start of the end of the American empire and yes corrupt politicians played their part in it at the expense of the the people, today it’s the federal reserve playing its part in the demolition of the economy and it’s citizens purchasing power, 20 years off war in Afghanistan, the Middle East etc it’s like the 60’s and 70’s decade of the Vietnam war, which ultimately forced Nixon to go off the gold standard, and it’s been from here that the demise of America began so it’s taken 50 years of unchecked money printing under the MMT that the federal reserve believes in

[@lorinelson7523]

And one of the top priorities of every Republican administration is more and more deregulation and less and less oversight of Wall Street. Where profit is the goal, unchecked greed will corrupt in EVERY instance.

[@tiadeese]

Yet people for them because they're scared we'll become a socialist country. Meanwhile: Republicans are making sure we head towards another financial collapse.

[@dmimz8593]

And it continues... maybe we should have let it all collapse. The only way we’ll learn. If there’s no consequences for actions ... they know if it goes bad they will be bailed out again.. like being in a casino and knowing whatever I lose I’ll be reimbursed... changes the way I play the games doesn’t it ???

[@rsod85]

Corporate Democrats like Clinton, Biden and Obama are the ones giving speeches to Wall Street firms for a quarter million dollars. The Democrats when in power have statistically given more in corporate welfare to the wealthy than any other party. Stop watching MSNBC

[@desertsoldier41]

This documentary is pretty one sided, of course the major cause was the government trying to manipulate the mortgage market to get people with low income and bad credit mortgages they should not have had. The banks took advantage of it of course because the law promised them a bailout if the loans failed. Bad legislation and regulation caused this as well, not just greed. The banks did not break the law, because the law allowed this.

[@vegetariankitchenmagicaljo4948]

Now it's 2021, the wall street's game are keeping going, nothing has changed. Still the same people in charge of the financial market.

[@dynamics9000]

this is an awesome video, educational . thanks for uploading.

[@kwthsu]

Let it meltdown, so it can re-civilize into a better society with knowledge learned from past mistakes!. It's the rejuvenation of society!

[@Weekbrownies]

Most of society is ok I think, it's the greed from entities too big to fail that will take us down, for good

[@RobSatCP]

It never comes back better. If we let it burn then the worst of the worst rise to the top. “Chaos is a ladder”

[@junestewart5098]

How did they manoeuvre ? Greed, pure and simply greed.