Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Triana

(22,666 posts)
Wed Jun 24, 2015, 10:17 PM Jun 2015

Professor Richard D. Wolff - The Coming Crash & The Recession That Never Ended (with Thom Hartmann)

The Coming Crash & The Recession That Never Ended - Part 1



How the Crash Will Come About - Part 2



Will The Coming Crash Be Worldwide? - Part 3



Is The Crash Inevitable? - Part 4

17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Professor Richard D. Wolff - The Coming Crash & The Recession That Never Ended (with Thom Hartmann) (Original Post) Triana Jun 2015 OP
K & R. Too great to miss this very important discussion, unless.. appalachiablue Jun 2015 #1
Errata: Make that a lot of gold and silver somwhere rather than 'mountains of $$$ in the bank'! appalachiablue Jun 2015 #12
One of the fastest hours of my life Iwillnevergiveup Jun 2015 #2
These two make a good team passiveporcupine Jun 2015 #3
For the first time ever Half-Century Man Jun 2015 #4
A few years ago I thought if I'd had Prof. Wolff for econ or anything else I would have been appalachiablue Jun 2015 #10
SO, WHERE DO WE HAVE THIS "CONVERSATION"? drynberg Jun 2015 #5
I think this converssation is at a local level. In listening to his other snappyturtle Jun 2015 #8
National level IMO. And it needs a forceful leader. Bernie Sanders could be that person ... Auggie Jun 2015 #13
Have ya seen the Ron Paul ads? He's saying pretty much the same thing. L0oniX Jun 2015 #6
I've seen em online. My Mom has seen the ads on TV. Triana Jun 2015 #11
Thank you Triana. I like Prof. Wolff because he explains snappyturtle Jun 2015 #7
Yea I like him for that reason too. Triana Jun 2015 #9
Prof Wolff is a treasure, so is Thom Hartmann. appalachiablue Jun 2015 #17
just excellent and thanks florida08 Jun 2015 #14
Wow. A very solid conversation on the reality of our greedy decisions. Gregorian Jun 2015 #15
I noted how Wolff brought up the excess, dangerous use of so much fuel to ship goods appalachiablue Jun 2015 #16

appalachiablue

(41,171 posts)
1. K & R. Too great to miss this very important discussion, unless..
Wed Jun 24, 2015, 11:46 PM
Jun 2015

you have mountains of $$$ in the bank.

*** Three Star Rating

passiveporcupine

(8,175 posts)
3. These two make a good team
Thu Jun 25, 2015, 02:31 AM
Jun 2015

Very easy to listen to. Hartman is cool and intelligent. Wolfe is impassioned and intelligent.

appalachiablue

(41,171 posts)
10. A few years ago I thought if I'd had Prof. Wolff for econ or anything else I would have been
Thu Jun 25, 2015, 10:47 AM
Jun 2015

a very lucky student. He's both an outstanding intellect and communicator, like TH who I consider a teacher as well. What a great pair.

drynberg

(1,648 posts)
5. SO, WHERE DO WE HAVE THIS "CONVERSATION"?
Thu Jun 25, 2015, 09:33 AM
Jun 2015

Congress is very unlikely, tv?, I doubt it...a movie? Anybody have a possible answer to this question?

snappyturtle

(14,656 posts)
8. I think this converssation is at a local level. In listening to his other
Thu Jun 25, 2015, 10:21 AM
Jun 2015

videos he talks of coops as he did this time too. The point is to remove ourselves from the corporations, over time, and make them irrelevant. God knows we can't fight them.

Auggie

(31,186 posts)
13. National level IMO. And it needs a forceful leader. Bernie Sanders could be that person ...
Thu Jun 25, 2015, 11:47 AM
Jun 2015

and he will have a national stage (the 2016 campaign and debates) in which to start it.

 

Triana

(22,666 posts)
11. I've seen em online. My Mom has seen the ads on TV.
Thu Jun 25, 2015, 10:48 AM
Jun 2015

At 88, she's no dummy (and she's a staunch DEMOCRAT - no Ron Paul fan) - but she is listening to all this too and is very concerned.

snappyturtle

(14,656 posts)
7. Thank you Triana. I like Prof. Wolff because he explains
Thu Jun 25, 2015, 10:17 AM
Jun 2015

economic topics in a way all can understand. I think when he talks of his fears we should listen.

florida08

(4,106 posts)
14. just excellent and thanks
Thu Jun 25, 2015, 01:09 PM
Jun 2015

So we've learned that our economy is basically a Ponzi scheme. Looks good only on paper. The people of this country are the typical frog in the pot of water. Its not boiling yet so no fret. Have been reading about China and it's not if but when. The when is when those bubbles Richard talked about burst. The crash of '08 was caused by bank runs. Banks realizing the credit default swaps were too small cover all the collateralized debt. They started collecting on the insurance that never intended to pay off, just collect the fees. (AIG got 85 Billion)

Nothing has changed. No regs on these fraudulent derivatives. The original debt was 70 trillion. Doubt that has significantly changed. The size of the Dow is a big red flag of fake wealth.

Gregorian

(23,867 posts)
15. Wow. A very solid conversation on the reality of our greedy decisions.
Thu Jun 25, 2015, 05:22 PM
Jun 2015

Anyone who has enjoyed this would also like Max Keiser.

We've got some serious legal stuff to deal with. And we have to educate without any doubts.

Here's what has bothered me: if one denies, or doesn't know the truth about, climate change, then these decisions to send ships all over the planet unnecessarily is an easy decision.

I'm thrilled to hear an economist say what has gone through my mind for ages, and that is the insanity of shipping materials and objects around the world when it is only profit that is causing that kind of carbon footprint.

We cannot afford to play games about the reality of the environmental issues. When we do follow rules to safeguard the environment, the economics automatically encounter restrictions. Just environmental reality alone will solve some of our economic issues.

appalachiablue

(41,171 posts)
16. I noted how Wolff brought up the excess, dangerous use of so much fuel to ship goods
Thu Jun 25, 2015, 08:08 PM
Jun 2015

around the world. For 5 years I've followed Max Keiser, very bright and a character.

Latest Discussions»Retired Forums»Video & Multimedia»Professor Richard D. Wolf...