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Related: About this forumProfessor 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
appalachiablue
(41,171 posts)you have mountains of $$$ in the bank.
*** Three Star Rating
appalachiablue
(41,171 posts)Iwillnevergiveup
(9,298 posts)Thank you, Thom Hartmann.
K&R
passiveporcupine
(8,175 posts)Very easy to listen to. Hartman is cool and intelligent. Wolfe is impassioned and intelligent.
Half-Century Man
(5,279 posts)I want to take econ.
Good Professor.
appalachiablue
(41,171 posts)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)Congress is very unlikely, tv?, I doubt it...a movie? Anybody have a possible answer to this question?
snappyturtle
(14,656 posts)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)and he will have a national stage (the 2016 campaign and debates) in which to start it.
L0oniX
(31,493 posts)Triana
(22,666 posts)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)economic topics in a way all can understand. I think when he talks of his fears we should listen.
Triana
(22,666 posts)He's a treasure.
appalachiablue
(41,171 posts)florida08
(4,106 posts)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)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)around the world. For 5 years I've followed Max Keiser, very bright and a character.