As an African man that grew up in Africa and now living in the West, I couldn't make sense of WHY there was such a stark difference in inequality. I noticed people don't work any harder and are not any smarter in the western country I live in, yet they get to enjoy materially better standards of living? As I've gotten older I've come to realise and understand it a bit more. This video was excellent work.
@peterbelanger4094Ай бұрын
yeah, dude, things are not, will not, and should not be the same in every country. It's a big world bro, and it's not fair. maybe your home country would be better off if so many of you didn't abandon it and come to the west?
@KenzoTenmaMАй бұрын
@@peterbelanger4094 that's an interesting generalization to make without having any context of which country I came from or where I moved to. And I disagree, basic human needs should be met in all countries. As a result of geopolitical strongarming from Western bloc countries they have continued to impoverish the global south. Believe you me, I would much rather live in my own home country, but you need to follow the money to ensure a secure future for yourself and your family.
@bma1955alimarberАй бұрын
It's very simple to understand WHY:all is about capitalism, imperialism and colonialism past and present
@G0ldbl4eАй бұрын
@@peterbelanger4094 it's because "so many" abandoned it for the west and not because of the last two centuries of violent abuse and exploitation?
@jgalt308Ай бұрын
So, wouldn't that be evidence that neither democracy nor labor has the required intelligence to produce real improvement for the benefit of society? I believe the following is the foundational element that will help you understand and begin to answer the reasons why there is such stark difference in living standards. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Understanding the empirical fact of energy in the modern world. ( feel free to choose from any of the following ) According to estimations, the energy equivalent of a barrel of oil is roughly equal to the energy a human would produce through approximately 8.6 years of continuous moderate physical labor; meaning it would take a person nearly a decade of sustained work to generate the same amount of energy as a single barrel of oil. or One barrel of oil has the same amount of energy of up to 25,000 hours of hard human labor, which is 12.5 years of work. or FatCatWatch A Barrel of Crude Oil is Worth $164,000 - The Human Labor Equivalent of a Barrel of Oil I heard that in a single barrel of oil there is the energy equivalent of 23,000 human labor hours. This amounts to 12 years (40 hours per week) if vacations are factored in, so… Hard work A single barrel of oil can do what it would take me 12 years to do working with my hands? If this is true, oil is essentially “free” energy at the current price. I decided to check it out, as the claim seemed a little hard to believe at first. After some quick calculations from first principals (see below), I found that for a purely theoretical task, like heating water with a pedal powered generator, the claim is correct. It would indeed take 12 years of laboring to produce the same amount of heat energy as a single barrel of oil. For a task that involves producing mechanical energy, I made (what I consider to be) some reasonable assumptions and found that a human would take about 3 years to do what a single barrel of oil can do working via a typical internal combustion engine. Now if a person is getting paid a fair amount per hour (and allowing for vacation time in all the calculations) I conclude that…. The Human Labor Equivalent of a Barrel of Oil is $164,000 USD xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Feel free to do your own calculations based on whatever your choices above are. ( the date of the last entry appears to be 2015 ) Now comes the kicker: If you're in the United States, that figure is approximately 2.5 gallons of crude oil per day; roughly one barrel every seventeen days; or nearly 22 barrels per year.Feb 27, 2015 Taking the $164,000 human energy equivalent x 22, we get $3 680,000 in terms of saved human energy, or the equivalent of work YOU DON"T HAVE TO DO. This translates using the lower estimate of 3 years for mechanical energy to 66 humans per year to perform that work for YOU!!!!! Your actual potential contribution in terms of work is therefor 1/66th yet you are consuming 66x what your own labor can produce.
@Kevinbrian1Ай бұрын
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@Joegolberg1Ай бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@Benjaminarmstrong684Ай бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@Justinfred11Ай бұрын
How can i get started when it comes to investing and passive income?
@Benjaminarmstrong684Ай бұрын
I usually go with registered representative; Zachery M Demers, He provides a more grounded approach, looking at factors like market demand, regulatory changes, and adoption trends. This approach enable to make informed decisions rather than solely relying on emotional market dynamics
@Benjaminarmstrong684Ай бұрын
he often interacts on Telegrams
@zachhodgson4113Ай бұрын
Thanks Richard. Love your work.
@horridohobbiesАй бұрын
*It was Julius Nyerere who famously quipped: “The United States is also a one-party state but with typical American extravagance, they have two of them.”*
@patriceferguson7340Ай бұрын
Ahah. It’s an oligarchy that identifies as a a democracy with bi- Polar syndrome. Refuses to take its meds.
@jamessmith1785Ай бұрын
Two of them" !! That's one more than those nasty axis of evil countries !!!
@BlUESKIES1178Ай бұрын
Birds of a feather flock together.. same destination, just a different direction.
@MandatefromHeavenАй бұрын
UAS is a pure communist regime disguised as a democracy n it's bs 2 party One day Marxist democracy will bring real democracy to UAS G7 the west philippines australia n india like it did in China
@davidschlessinger9945Ай бұрын
mwalimu Nyerere
@EnginAtikАй бұрын
This warning from Dr Wolff that will be referred back to for a very long time.
@EnginAtikАй бұрын
@ace9840 It may not be new but it may be the last warning sign before the point of no return.
@EnginAtikАй бұрын
@ace9840 Are you saying we can safely ignore what Dr Wolff is saying here?
@EnginAtikАй бұрын
@ace9840 You don’t have beef with Dr Wolff but you have a beef with me?
@gregwang8628Ай бұрын
@ace9840If you quit trying like Prof. Wolfe does, then roll over.
@EnginAtikАй бұрын
@ace9840In this video he explained how fascism came to power in Germany in the 30’s and this was due to ruling parties losing public support and coalescing with the fascists. He also explained how today’s global political situation is similar and a similar outcome is likely. This is the warning that I think will be remembered for a long time. Your question about “whether this helps me financially” did not make any sense. It sounds like you didn’t really watch the video.
@dawnjones659Ай бұрын
Thank you for explaining the economics and politics happening now in Europe and US.
@arnoldstrong5553Ай бұрын
Millions should hear this but only thousands do.😢
@ronstephen-wy4ibАй бұрын
Cognitive dissonance would prevent them from understanding even if you forced them to watch this.
@paulocembranelli5514Ай бұрын
Congrats mr Wolf, one of the most brilliant speech lately...
@carlose.martinez545Ай бұрын
Brilliant linking of two continents and present with past. Congratulations Mr Wolff!
@paulsherman51Ай бұрын
Similarly brilliant consideration of the trio of differences, similarities, and silences among and between political parties.
@carlose.martinez545Ай бұрын
The whole analysis is brilliant, but I had listened before to Wolff talk about these themes separately. But now he made a perfect synthesis on how they all are interrelated.
@g.m.8360Ай бұрын
One of the most brilliant speakers on this topic par none 👍👏
@johnblaze816Ай бұрын
Thanks Prof Wolf, we Nigerians and Africans are dedicated subscribers
@spanky7277Ай бұрын
They are raping your country , the colonialist are ruining your country . Because if the people owned as much as they steal then Niger shoild be the richest nation . CAPITALISM ?
@faizalmacho8960Ай бұрын
LOVE WHAT YOU SHARED
@vaasvlogs7528Ай бұрын
I learned alot about socialism from you professor. Thank you very much ❤
@jgalt308Ай бұрын
Is your life getting BETTER???? You can thank socialism for that.
@antediluvianatheist5262Ай бұрын
@@jgalt308 Since the US is not socialist but late-stage capitalist, you can thank CAPITALISM for that. Ayn Rand knew nothing about economics, or people, and neither do any of her disciples.
@cheri238Ай бұрын
@jgalt308 What? Long time to see your reply. 😊
@jgalt308Ай бұрын
@@cheri238 I don't understand...what do you mean by "longtime"? Comments that are not deleted...are sometimes made "invisible"... and then become visible later...after the interest has waned. This was quicker than most...probably because it wasn't understood.
@vikingmike8139Ай бұрын
Excellent and insightful Richard Wolf, thank you.
@slipdishman8443Ай бұрын
Thanks Rick. Always great talks. ❤
@horridohobbiesАй бұрын
Not only is the US military budget larger than that of the next 9 countries combined, US military spending is woefully inefficient and wasteful. It costs far, far too much to build and maintain US warships and US warplanes. It costs far, far too much to support wars in Ukraine, Gaza, Afghanistan, Iraq, etc.
@spanky7277Ай бұрын
The United States spends more money to kill people tah to help people . U.S. foreign aid spending recently surpassed $70 billion in appropriated funds for the first time in 70 years, new data shows, fueled by continued support of Israel and a spike in funding for Ukraine amid the country’s war with Russia.
@63sarumanАй бұрын
Because it might also be one of the most (if not the most) corrupt country?
@antediluvianatheist5262Ай бұрын
Russia and China can build a whole small fleet for the price of one US ship.
@kraka2oanIner8 күн бұрын
The military is a socialist entity that possesses incredible EFFICIENCY. That's the point in which any greatness ENDS. EFFICIENT: in wasting land, resources, the environment, money, and LIVES. It is sucking the life out of everyday people(!) Instead of being a shining example of using our excessively bloated military budget into fixing OUR nation, making a dent in poverty, and shoring up our infrastructure, the military "efficiently" wastes, wastes, and wastes. People/nations need to align to CREATIVITY and LIFE, rather than DESTRUCTIVITY and DEATH. It seems that simple. That's my two cents. Richard articulates the situation...to a T. Thanks, Mr. Wolff!
@sergiotornel5Ай бұрын
The two mayor parties are run my the same interests
@HoneyBadger80886Ай бұрын
And those interests aren't aligned with the citizen's needs.
@tinkletink1403Ай бұрын
good cop and bad cop ....
@LilBnnuyАй бұрын
@@HoneyBadger80886never has been (at least in our lifetimes)
@dftpАй бұрын
@@tinkletink1403there are no good cops
@antediluvianatheist5262Ай бұрын
@@tinkletink1403 Both cops.
@tomyy510Ай бұрын
תודה!
@SpunkyMcGoo69Ай бұрын
Thank you as always professor, you are a true credit
@kdacunaАй бұрын
Another amazing presentation I always look forward to!
@adamdavies1126Ай бұрын
This is amazing political commentary and delivery. Outstanding Job.
@catherinemoore9534Ай бұрын
I've watched this video 3 times: I want it imprinted in my brain. 👌
@patriceferguson7340Ай бұрын
Always a good time to listen to your podcasts. So much to learn. And very right about the political landscape during elections and debates not touching on the heart attack level real issues. Because neither party has ever done anything but shovel a deeper hole and have no way out.
@POENARUEDANАй бұрын
Thank you very much, dear Professor Richard Wolff!
@MohammedKarimzaiАй бұрын
Unlimited thanks 🙏 to you Mr. Richard Wolff and you are the best experts in economics philosophers.
@antoniobelokoski7250Ай бұрын
Wat a real gentleman....the best analysis in this planet...thank you Mr
@EricaEllsonАй бұрын
An excellent program educating the masses! Very informative of current affairs & issues, along with a historical context of what, when, why, how, & who. Exceptional analysis!
@swojnowski45315 күн бұрын
ask yourself what you remember from this after a day or two.
@loretoecheverria92610 күн бұрын
Prof Wolff, you are a great, great teacher. Your analysis are excellent and indispensable
@cielm1176Ай бұрын
Thank you professor! This video is a gem so I keep it in my library to check point by point the timeline of the West's collapse ... Thank you again, from France
@JeanSparrow11 күн бұрын
Wow! Thank you, Richard! I learned a lot through this talk.
@harryzhang3111Ай бұрын
The American ask "is there any choice?". The two-party monopoly say "yes, take it or leave it."
@spanky7277Ай бұрын
BINGO !!
@antediluvianatheist5262Ай бұрын
'I'll leave it thanks.' "You don't get that option."
@ronstephen-wy4ibАй бұрын
Stop falling for the false two-party duopoly. Neither side will ever put the best interests of the people above the best interests of their donors.
@samaval992026 күн бұрын
2 parties?-OR 2 factions of same 1 !!! party.
@jovandjuric8340Ай бұрын
So glad I discovered this channel. I already discovered this great professor ❤
@BryanRezendezАй бұрын
Damn you covered every thought I've had in my head watching the world around me unravel since the 2008 crash in an hour lol
@lucyblueeyes3858Ай бұрын
Thank you Professor Wolff.
@alexianempАй бұрын
Thank you, Proff. Wolff! Spot-on and insightful!
@ShardDesuАй бұрын
You were very diplomatic in couching the pro-genocide parties as supporting Isreal instead of just being psychopaths. You have more tolerance than I.
@sasjkaАй бұрын
Thanks!
@icetea4meАй бұрын
After Trump's election eight years ago, I attended a Global Capitalism lecture at Judson Memorial Church the next night. I hope they'll hold future lectures there again.
@clarkdavis5333Ай бұрын
I've listened to 100's of your pieces. This is my absolute favorite.
@nholthАй бұрын
Professor Wolff your insight brings so much clarity to whats going on in the world, once you explain everything its hard to believe that so many people in America can't see whats happening and understand it like this because it makes so much sense.
@swojnowski45315 күн бұрын
bought tools, with no time to think.
@KenzoTenmaMАй бұрын
I'm now at the end of your video, you are just so excellent as critically analysing and discussing. And you clearly don't have a bias. When you speak of different powers and nations you are quite impartial. I've subscribed, I just hope KZbin shows me your videos when you post. My new favourite channel. Is there a way we can support your channel and say thank you?
@adon8672Ай бұрын
Please check the video description (to the very end).
@angelicafrancisco3943Ай бұрын
Thank you Professor Wolff for this timely commentary . The timeline and facts you have laid out are hard to deny . The debate on September 10th seemed to be all smoke and mirrors to me . SILENCE Thank you for saying the quiet parts out loud . As you acknowledge in order to remedy a problem you must see it and be willing to address it . CONTROL
@mikkirefurАй бұрын
Social Security is not a pension, it is a tax - so that way the politicians can spend the revenue. if it were a pension they would have to reinvest the receipts.
@HoneyBadger80886Ай бұрын
I save in bitcoin. I don't depend on ss. Even tho I worked > 50 years and paid in. Dollars= Ponzi scam = fiat and The FED inflating away the value of my stored Energy. Bitcoin fixes that. Zero is the only wrong allocation. NonETF bitcoin in self custody. #coldWallet #hodl
@jgalt308Ай бұрын
Two taxes, really, since the employer has to match the employee's contributions. The more insidious part of this program is that it provided information to the government on every employee, AND their employer, enabling the collection of the Victory tax ( 1942 ), which became a second tax on wages, as income, a rewrite of the tax code 26 USC in 1956, and massive government expansion that destroyed capitalism and the nation. Such is the legacy of "progressives" and one has to wonder why any sane person would want more of it.
@jgalt3088 күн бұрын
It also provided the federal govt with info on every employer and employee...so it could impose the temporary "victory Tax"...which became permanent.
@HoneyBadger808868 күн бұрын
@@jgalt308 cradle to grave. Not a way to live.
@MrZorro08Ай бұрын
Thanks for the talk. 👍👍👍👍
@adrianaserdanvazquez631Ай бұрын
Great podcast, thanks.
@vivalaletaАй бұрын
You have a beautiful soul, professor.
@gb-tm9vgАй бұрын
Wow! An absolutely marvelous look and explanation of current events as you're gonna see.
@Emmanuel-rz2vgАй бұрын
BRILLIANTLY BRAVO PROF WOLF''
@kraka2oanIner8 күн бұрын
GREAT talk; puts our global situation into perspective! Color me a simpleton: The human species needs to align to creativity and LIFE, rather than destructivity and DEATH. Misalignment to these maxims will cost us ALL, in the end.
@baoxilu2739Ай бұрын
Thank you both for illuminating on such an.important topic!
@gaynevillagomez4991Ай бұрын
Thank you profesor
@adrianaserdanvazquez631Ай бұрын
Wonderful analisis.
@tomover9905Ай бұрын
Very useful...Wolfe is at his best ever
@jgalt3088 күн бұрын
You like the lies?
@keycuzАй бұрын
When i was a kid, pop culture was dominated by America. Now the kids are into anime, k pop and bento boxes. Asia is definitely winning the soft power game.
@peaceleader7315Ай бұрын
You can't acquire enlightenment when your fellow human being is extremely exposed to extreme poverty.. hmmmm.. finally our Professor is looking at global issues regarding capitalism and oligarchical society.
@spanky7277Ай бұрын
Maybe because we talk the truth about socialism , turns too many people away . I wonder why rich people don't Like us ? They think they own all the money and yet maybe we let them ..
@danishaffer2673Ай бұрын
I think Richard Wolfe needs to reread Lenin’s Imperialism the Highest Stage of Capitalism.
@ruffinc1783Ай бұрын
Military spending cost taxpayers how much, this is absurd, smh 😢
@Comeback180Ай бұрын
When moderates prioritize the rich, elites and corporations over the middle and poor class, they shouldn't complain when more voters wanna go with a leftist or very right wing candidate. When you ignore solutions on purpose, people are gonna go support someone else even if they're very extreme politician.
@vladdumitrica849Ай бұрын
Democracy is when those who make decisions on your behalf have the duty to ask for your consent first. Today's republics are actually modern oligarchies where the interest groups of the rich are arbitrated by the people, that is, you can choose from which table of the rich you will receive crumbs. The "fatigue" of democracy occurs when there is a big difference between the interests of the elected and the voters, thus people lose confidence in the way society functions. As a result, poor and desperate citizens will vote with whoever promises them a lifeline, i.e. populists or demagogues. The democratic aspect is a collateral effect in societies where the economy has a strong competitive aspect, that is, the interests of those who hold the economic power in society are divergent. Thus those whealty, and implicitly with political power in society, supervise each other so that none of them have undeserved advantages due to politics. For this reason, countries where mineral resources have an important weight in GDP are not democratic (Russia, Venezuela, etc.), because a small group of people can exploit these resources in their own interest. In poor countries (Romania, Bulgaria, Greece, etc.) the main exploited resource may even be the state budget, as they have convergent interests in benefiting, in their own interest, from this resource. It is easy to see if it is an oligarchy because in a true democracy laws would not be passed that would not be in the interest of the many. The first modern oligarchy appeared in England at the end of the 17th century. After the bourgeois revolution led by Cromwell succeeded, the interest groups of the rich were unable to agree on how to divide their political power in order not to reach the dictatorship of one. The solution was to appoint a king to be the arbiter. In republics, the people are the arbiter, but let's not confuse the possibility of choosing which group will govern you with democracy, that is, with the possibility of citizens deciding which laws to pass and which not to. The solution is modern direct democracy in which every citizen can vote, whenever he wants, over the head of the parliamentarian who represents him. He can even dismiss him if the majority of his voters consider that he does not correctly represent their interests. It's like when you have to build a house and you choose the site manager and the architect, but they don't have the duty to consult with you. The house will certainly not look the way you want it, but the way they want it, and it is more certain that you will be left with the money given and without the house. It is strange that outside of the political sphere, nowhere, in any economic or sports activity, will you find someone elected to a leadership position and who has failure after failure and is fired only after 4 years. We, the voters, must be consulted about the decisions and if they have negative effects we can dismiss them at any time, let's not wait for the soroco to be fulfilled, because we pay, not them. In any company, the management team comes up with a plan approved by the shareholders. Any change in this plan must be re-approved by the shareholders and it is normal because the shareholders pay.
@jgalt308Ай бұрын
Where did you get that idea? The claim is: "governments derive their just powers from the consent of the governed." No type of government was specified...and a democracy is literally "rule by the people" by those in the majority. The U.S. is a "constitutional republic" and that means the "constitution rules". This is stated clearly: This Constitution and the laws made pursuant to it..shall be the SUPREME LAW of the LAND. The founders understood the dangers of both the power of government and the threat of democracy, which is why the powers of government were specific and limited, and "individual rights" were beyond the power of government to violate. Unfortunately, the people failed to remain vigilant, and the government ignored both the limits of its authority and the rights of the people. Now, the Constitution still rules, but accessing it and holding the government accountable for its violations is beyond the knowledge of the people as to the means to do so, and its all a fraudulent deception maintained by the Federal Judicary. You were warned!!! "Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action."
@kelsieellington6518Ай бұрын
@@jgalt308 America is rule by the minority (electoral college)
@cheri238Ай бұрын
@@jgalt308 What constitution? What history books do you read?😊
@jgalt308Ай бұрын
@@cheri238 The one referenced above...and the history books that would be relevant to the comment made.
@mikehayne538Ай бұрын
Good show. "Do not teach children to seek and hoard money or to respect those who do." Mike Hayne
@MrRhinosilverАй бұрын
What is money the problem how about showing children to be kind and respectful not spiteful pricks.
@tomyy510Ай бұрын
I want to thank prof wolff for his bright and inlighting words and to add that I translate many of the lecturers to Hebrew for the benefit of supporters of social and marxist ideas all over Palestine. I am at your service.
@ranjanmukherjee6976Ай бұрын
Excellent explanation.
@jgalt3088 күн бұрын
Of what?
@andreaskyriacou1173Ай бұрын
Professor please do a program to explain pseudo democracy thank you 🙏
@jgalt3088 күн бұрын
Why don't you define real democracy? You will understand it when it cancels you. Then you might understand why we are a "constitutional republic"...or were.
@andreaskyriacou11738 күн бұрын
@jgalt308 to find out more maybe Google it? Google direct democracy where people don't give absolute power to politicians to do what they want rather with direct democracy the voters vote on projects (eg wars etc) to be achieved or cancelled etc. With direct democracy people have the power not Politicians.? Check it out?
@JorgeFlores-nq3cwАй бұрын
Republicans and Democrats are like Pepsi and Coke, the same s…. With a different name
@tauriqabdullah6130Ай бұрын
If you want to know how different these two parties are just look at their donors.
@gudubenbenАй бұрын
Thanks
@cielm117610 күн бұрын
Thanks professor! You see what the West's politicians refuse to see till the total collapse 😅
@aarondadvlogsАй бұрын
Richard I wish your talks reached more people. Have you ever considered going on other podcasts like Theo Von perhaps (who recently had on Bernie Sanders)?
@wytrose4602Ай бұрын
Because they have been taking 2%: o$ the top
@jayboegs6268Ай бұрын
I enjoy Professor Wolfe’s talks but his take on the so-called differences between the 2 US parties is almost infantile. If Democrats cared about reproductive freedom they would have codified it decades ago. And Union-Joe would not have crammed a rejected contract on the rail worker union. Their differences are theater. All material matters they are in lock step.
@jgalt3088 күн бұрын
His take on everything is infantile.
@Especulemos...Ай бұрын
👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽…
@nikolaeve93Ай бұрын
Chocolate or vanilla ice cream? Dog shit or cat puke I'd say
@nadiaalexan6442Ай бұрын
You neglected to mention the most important point at the core of the inequalities, the billionaires who are allowed to buy governments by funding the two parties.
@bernardheathaway9146Ай бұрын
✌🏾✌🏾
@ARDITZZzАй бұрын
The rich class is uploading the costs of falling Empire on the shoulders of middle as well as lower class of society ,income services shrinked around most of the world states is extremely alarming,can spark upheavals at large scale. around the world , Portuguese,dutch and French blamed British for their possessions in the world, capitalism when becomes weak then democracy too suffers much,fascism,leftism and extremism will go side by.
@jeromethibodeau43783 күн бұрын
Gratitude for your educational material and life mission. I enjoy being taught life saving information, I could possibly put to good use. Thank you again.
@longw01Ай бұрын
woot❤
@mehdihessami3568Ай бұрын
👏👏👏❤️❤️❤️
@adrianthompson7033Ай бұрын
Bloody hell Richard, damn good presentation and lecture, you got me nice and mouthy.
@marcionphilologos5367Ай бұрын
✌✌✌✌✌✌✌
@bluelithium9808Ай бұрын
There will be no big change, the syndicate always wins. Look at France, they ended up with an even bigger EU supporter despite the vote.
@TheRobynbrownАй бұрын
Great talk - thank you. Could you give a talk on Australia's economic situation?
@chuck-wv9nhАй бұрын
In the early 1980s, China undertook a massive reform that dismantled its socialist rural collectives and divided the land among millions of small peasant families. Known as the decollectivization campaign, it is one of the most significant reforms in China’s transition to a market economy.
@rucky_6652 күн бұрын
The state of São Paulo alone in developing Brazil has a higher GDP than the whole Nigeria with a whopping 600b dollars. Population: 44 million people. That’s insane.
@robjkАй бұрын
Great content and wonderful analysis, as always. But why do I have to replay this at 1.5x normal speed to hear Dr Wolff speak in a relatively normal speaking cadence?
@lucianfiul3035Ай бұрын
Can’t play capitalism without the working class.😮😂
@massyz2968Ай бұрын
Great show and very valuable information. Q: Which country (Russia, China, Israel, or the US) is the most willing to start WW3?
@shamvoysmith82837 күн бұрын
Playback speed 1.25x....change yo life brief ❤
@bma1955alimarberАй бұрын
نعم، العالم يعاد تشكيله شاملا و جذريا. نحن في مرحلة تحول ظخم، ليس له نظير في تاريخ البشرية من قبل، لا يقابله سوى التحول و التغير السريع في المناخ من ينكر هذا فإنه يسبح ضد التيار، تنهكه الأمواج فيصير غريقا حتى يقضي نحبه و يندثر و هذا ما يفعله المتشككون المتنكرون للواقع أصحاب النظرة القديمة للعالم و الواقع من حولهم، من قبيل أشباه القادة السياسيين في الغرب الأوروبيين الغربيين و الأمريكان، الذين أصبحوا تحت هيمنة أصحاب المال. فقد نشهد قريبا الهاوية السحيقة التي سيدفعون شعوبهم نحوها، ما عدى إذا انتفظت هته الأخيرة و أزاحت أصحاب الرأسمالية و أتباعهم المهتالين و الدجالين و المهرجين من نخب سياسية فاسدة، لا يهمها المصلحة العامة للأجيال المقبلة
@TennesseeJedАй бұрын
👍
@williamswanjr.5428Ай бұрын
How do I get me one of them vests?
@jeremycoyle2782Ай бұрын
Make your own with fabric markers you can buy at an art supply shop.
@williamswanjr.5428Ай бұрын
@@jeremycoyle2782 Thank you for the suggestion.
@emarkjacobs2 күн бұрын
America is in free fall but don't tell most people that, unless you looking to be cussed out.
@mthreezoАй бұрын
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
@LubumbemusongoАй бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@LubumbemusongoАй бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@LubumbemusongoАй бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@ajmeekins3885Ай бұрын
🎉
@pault736921 күн бұрын
Americans are ransomed by patriotism
@robertosicam624012 сағат бұрын
the change that needs to happen are the US companies come back to US, leaving China. The companies are relieved of some of their personal tax responsibilities
@DeborahMunsaka24 күн бұрын
Our economy is facing challenges due to uncertainties, housing issues, foreclosures, global fluctuations, and the lingering effects of the pandemic, all contributing to instability. With rising inflation, slow economic growth, and trade disruptions, it's crucial for all sectors to take immediate action to restore stability and promote growth.
@MemoryKasu24 күн бұрын
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
@Agatha.wayne024 күн бұрын
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@Dave_East24 күн бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@Agatha.wayne024 күн бұрын
“Stacy Lynn Staples” is the licensed adviser I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@GersderaNioer24 күн бұрын
She looks to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@tanujSEАй бұрын
All the issues are within capitalism and people seems so
@QasimKhan-dt5xj15 күн бұрын
Dr. Wolff, could you please do a similar analysis of Pakistan - fifth most populous, nuclear armed country in the world, with complex issues.
@spanky7277Ай бұрын
What money does the US give to other countries? Allocation. In fiscal year 2020 (October 1, 2019 - September 30, 2020), the US government allocated $51.05 billion US dollars in economic and military assistance to foreign countries. Of this total, $39.41 billion dollars was spent on economic assistance, $25.64 billion of which was dispersed by USAID.