That sounds like many of the same factors we see today, but Peak Oil probably triggered the worst of this recession. You can't have economic growth without affordable energy growth, but perpetual growth of any type is an insane goal on a finite planet.
That's what people still won't admit with all their "in depth" analyses of the situation. They fixate on the "need" for endless growth, not understanding its ultimate futility. Growth = debt, both financial and ecological.
I cannot use this for educational purposes here in Europe because the narrator is so badly spoken. Kindly speak more slowly and clearly next time. So many in the world do not have English as their mother tongue. Thank you. (I am American and can understand it but it is not up to standards as a teaching item.)
@grendle7 When people are not English mother tongue, if the speaker does not use the international style and enunciate correctly, others get confused and discouraged and give up. This can be solved by subtitling things. I teach at all levels here and train and coach business professionals and believe me, the French are just as guilty about sloppy speech. They use all kinds of slang and "franglais" which is confusing and inappropriate. I am a radio announcer, also.
I remember the Great Depression and the Dirty 30s, my parents always said it started with Woodrow Wilson, I wish I can remember what they said about him. I was only 2 years old in 1929.
what does it mean when he says 'inexperienced investers have been borrowing money against the stocks that havent been paied off yet?? :P like what does it mean to pay off stock?? im 12 and wat is this
Because of Credit, people and investors would pull out chunks of money from stocks and banks. Almost all of these people would spend the money foolishly; to soon find out that they had nothing in their piggy banks to pay back a $10,000 debt plus interests. The debts were actually in the hundreds of thousands, but I think you get the point...
We have these springing up all over the UK at the moment, as Ian Smith, the DWP Minister has just cut housing benefits for disabled and unemployed below the market rent level, so there will be an estimated 250,000 homeless in London alone in the run up to the Olympics 2012! They are building shacks out of crates and living in tents in churchyards in Bristol and London and getting Trussle Trust meals, but Bush and Blair each have 5 homes, despite being war criminals :)
this wasnt the main reasons the main reason was this a bubble they give credit to invest in stocks they grew until they grew no more with the default of fgreat industrial country germany... didnt even talked about this, bad farming tecniques what a joke
It's sad to see how the crooks have perverted the concept of social safety net. People need to desperately think outside of the box. I just listened to a video of Milton Friedman go on arrogantly talking about the depression was a failure of government not business. He went onto present the federal reserve as government. What a liar. He knew the federal reserve is private banking. People should be locked up for life spreading disinformation like that.
Perhaps you should comment on Hoover and how the policies under his administration contributed to the great depression.Wall Street Crash of 1929 occured eight months after he took office. Hoover tried to combat the Great Depression with volunteer efforts which did not result in economic recovery.He believed that the free market system would result in a leveling and recovery in Wall Street. It didn't happen!Hoover also concocted the Republican "Southern Strategy".
Explain that to a class of 10th graders in a small rural town of Georgia. All they need to know is that the policies were, in fact helpful. Maybe the numbers don't show it like you're detailing, but if people didn't get the jobs that FDR created, they would have starved. That or they would've lost what little hope they had left, and just quit on life.
It's not always about numbers. People living in the country at that time didn't know the value of their dollar was being lowered.
People don't need courage or economic doctrine to point out the obvious and intended effects of political programs - bureaucrats and the media are very skilled at doing that, and any union, corporation or cartel can give a ready account of what their members have recently gained from a recent intervention, and of any secondary gains to "the public, as a whole".
Rather, they need this education to understand the unseen and the unintended consequences of these programs. To learn that there is no such thing as a free lunch, and to comprehend the full cost of an intervention, no matter who ends up paying it and when
@PanzerDivisionBOM The so called United States Chamber of Commerce has become a global corporate interest, a big union, that many small businesses are realizing squashes their success.
People need to start watching youtube videos of professor William Black at the University of Missouri in Kansas City. He investigated white collar misconduct during the savings and loan scandal. Yes sheeple, well educated guys and gals wearing nice suits can be as criminal and conniving as any crook...just more devastating to the social fabricate because they tear down trust. That's why glass steagall act was put in place...to build trust in banking that the crooked bankers ruined last time.
When big business and government are caught in bed together, redistributing wealth towards themselves, I tend to place the bear's share of culpability with the bureaucrats. This is because, in the absence of this unholy alliance, the business would either be efficiently satisfying consumer demand or not be a business at all, whereas the bureaucrat would still be engaged in some sort of coercion and market disruption anyway, as per his job description.
@FJBuchholz4 The value of the dollar skyrocketed during the GD because the Fed contracted the money supply by 2/3rds. As far as FDR's job creation, there is evidence that all the gov't spending prolonged the depression because gov't spending pulls capital from the private sector which is much more productive than the gov't.
@FJBuchholz4 Awesome video. Thank you. Just can't believe that America is all about money money money work work work because of the effects of the great depression... That didn't dawn on me until watching your video. Sometimes I get upset with America's virtues... I suppose I understand now, where it all came from. Thanks again.. you don't know how much this video put the internal conflicts about life, money and living into rest for me.. =)
@FJBuchholz4@FJBuchholz4 Awesome video. Thank you. Just can't believe that America is all about money money money work work work because of the effects of the great depression... That didn't dawn on me until watching your video. Sometimes I get upset with America's virtues... I suppose I understand now, where it all came from. Thanks again.. you don't know how much this video put the internal conflicts about life, money and living into rest for me.. =)
We had crashes in 1907 and 1921, the government didn't get involved and the recessionary periods were over in a year or less. People don't realize that recessions need to happen in a natural economy. The Federal Reserve printing money/creating credit caused the Great Depression by delaying a recession, they made it worse than it would have been. Unemployment after the 1930 crash was 8.7%. FDR seized private gold, devaluing the $ by 40%. under FDR unemployment hit 25%. put away the govt text book
In the long run, we suffer from some of FDR's policies, but the people of this time were well worse off than we are today. Learn some history.
I agree about Obama tactics, which differ greatly from FDR's (again, learn history). FDR created work. A lot of it. Obama is giving handouts. To businesses, families, and lazy Americans. In FDR's America, there were no handouts, just hand ups (I feel like my 16 year old students got this better than you).
@FJBuchholz4 I don't believe the constitution meant for a president to create OR stifle work unless it was about enforcing laws written by congress... lavixl is correct btw. The Fed, created the depression. FDR wanted a whole second 'bill of rights' confusing the idea of rights up entirely. We had to make and amendment for term limits because of FDR. Haven't you learned this? And shadowgunner82 is also correct.. the Fed expanded money supply for the war and after the depression ended.
How did this video have anything to do with the limiting of terms? Of course I know that, but it has no relevancy to the Great Depression. Also, I'm pretty sure I stated that the credit system created the foundation for the depression. Is anybody even watching this, or are we just watching the title screen and then jumping into irrelevant topics such as "we needed an amendment to limit terms"? Great point if I was addressing limitations on political power in American history. O.o
@FJBuchholz4 Yea, but the credit system didn't create the foundation for the Great Depression, it's just what set it off. MY POINT WAS - at the end you implied FDR as being the savior, when in reality he helped to prolong it.
@1CrazyWicca Glass-Steagal Act....
a00120002 5 days ago
Comment removed
a00120002 5 days ago
That sounds like many of the same factors we see today, but Peak Oil probably triggered the worst of this recession. You can't have economic growth without affordable energy growth, but perpetual growth of any type is an insane goal on a finite planet.
That's what people still won't admit with all their "in depth" analyses of the situation. They fixate on the "need" for endless growth, not understanding its ultimate futility. Growth = debt, both financial and ecological.
NoEcologyNoEconomy 1 week ago
Most supported candidate- Mitt Romney
Most supported youtube candidate- Ron Paul
Best candidate- Ron Paul
Candidate with best foreign policy- Ron Paul
Candidate with best solution to save money- Ron Paul
Worst candidate- Newt Gingrich
What do you learn?
abspartanlaser 2 weeks ago
song? thanks
alpiriquiki22 3 weeks ago
This has been flagged as spam show
this guy is leaving out the crooked Bankers! The were contracting the money supply... and playing games on wall street.
larrdd9 1 month ago
this guy is leaving out the crooked Bankers! The were contracting the money supply... and playing games on wall street.
larrdd9 1 month ago
You are wrong. The Fed caused the great depression, not overproduction or wild investors.
JessmanChicken86 1 month ago
I cannot use this for educational purposes here in Europe because the narrator is so badly spoken. Kindly speak more slowly and clearly next time. So many in the world do not have English as their mother tongue. Thank you. (I am American and can understand it but it is not up to standards as a teaching item.)
CuteCatFaith 2 months ago
@CuteCatFaith
Why?
I feel that the narrator's speech was adequate.
grendle7 2 months ago
@grendle7 When people are not English mother tongue, if the speaker does not use the international style and enunciate correctly, others get confused and discouraged and give up. This can be solved by subtitling things. I teach at all levels here and train and coach business professionals and believe me, the French are just as guilty about sloppy speech. They use all kinds of slang and "franglais" which is confusing and inappropriate. I am a radio announcer, also.
CuteCatFaith 1 month ago
They didn't have Ben Bernake to bail them out.
casper1918 2 months ago
@casper1918
Like anyone wants him to bail anyone out.
grendle7 2 months ago
I remember the Great Depression and the Dirty 30s, my parents always said it started with Woodrow Wilson, I wish I can remember what they said about him. I was only 2 years old in 1929.
ATSF1927 2 months ago
what does it mean when he says 'inexperienced investers have been borrowing money against the stocks that havent been paied off yet?? :P like what does it mean to pay off stock?? im 12 and wat is this
xX420DESTROYERXx 3 months ago
@xX420DESTROYERXx
Because of Credit, people and investors would pull out chunks of money from stocks and banks. Almost all of these people would spend the money foolishly; to soon find out that they had nothing in their piggy banks to pay back a $10,000 debt plus interests. The debts were actually in the hundreds of thousands, but I think you get the point...
:b
grendle7 2 months ago
For more see You Tube: watch?v=eR5JmepduiQ
starcorpvncj 3 months ago
We have these springing up all over the UK at the moment, as Ian Smith, the DWP Minister has just cut housing benefits for disabled and unemployed below the market rent level, so there will be an estimated 250,000 homeless in London alone in the run up to the Olympics 2012! They are building shacks out of crates and living in tents in churchyards in Bristol and London and getting Trussle Trust meals, but Bush and Blair each have 5 homes, despite being war criminals :)
iBeep2009 3 months ago
@iBeep2009
That sounds like soon-to-be hell...
D:
grendle7 2 months ago
This has been flagged as spam show
See...
iamthewitness. c o m
23ord 4 months ago
I welcome their hatred!!!!! effffew bank criminals.
brincadeira69 4 months ago
yeah, the farmers caused the draught by their bad farming practices??? they just didn't feel like going to college anymore??? sounds a bit slanted.
brincadeira69 4 months ago
thanks, you just helped me for my exam tommorow.
jadeastonbieber 4 months ago
i find saddness and dispare and poor people easy to masterbate to
tekuez 4 months ago
What was the song in the end called?
Pouyan87 4 months ago
The REAL "CAUSE" of the great depression: CRIMINAL BANKERS and CORRUPT POLITICIANS, exactly like today.
SCLARK2112 4 months ago 12
Holy fuck,print money and delay shit,god help us.
bigpotplant 5 months ago
@bigpotplant print money = debt.
jadeastonbieber 4 months ago
thx u just helped me with my social studies fair project thx MR.B!!!!!!!
JTGrossie123 5 months ago 2
soon be over? the depression lasted his entire presidency and even double dipped in 1937.
SuperNache 6 months ago
this wasnt the main reasons the main reason was this a bubble they give credit to invest in stocks they grew until they grew no more with the default of fgreat industrial country germany... didnt even talked about this, bad farming tecniques what a joke
ukusapillage 7 months ago
Looks like America today ... Hopefully the new president that can turn all this around is Ron Paul and he gets elected !
TheJegozu 8 months ago 10
This has been flagged as spam show
why dont you tell them about how the federal reserve bank stopped giving out loans,and how the economy suffers when the money stops flowing.
verdemanthe1 8 months ago
It's back to the United Corporations of America......NOT United States of America
Welcome to the New World Order!
jimfberry 9 months ago
obama has done what roosvelt did in that time so we are in the rigth track of recovering
SuperAlexrios 11 months ago
It's sad to see how the crooks have perverted the concept of social safety net. People need to desperately think outside of the box. I just listened to a video of Milton Friedman go on arrogantly talking about the depression was a failure of government not business. He went onto present the federal reserve as government. What a liar. He knew the federal reserve is private banking. People should be locked up for life spreading disinformation like that.
wjksea 1 year ago
hello i am awsome ha
SuperNba2k11 1 year ago
Perhaps you should comment on Hoover and how the policies under his administration contributed to the great depression.Wall Street Crash of 1929 occured eight months after he took office. Hoover tried to combat the Great Depression with volunteer efforts which did not result in economic recovery.He believed that the free market system would result in a leveling and recovery in Wall Street. It didn't happen!Hoover also concocted the Republican "Southern Strategy".
MegajasmineR 1 year ago
The Great Depression ended with America entering into World War II.
ShadowGunner82 1 year ago
Explain that to a class of 10th graders in a small rural town of Georgia. All they need to know is that the policies were, in fact helpful. Maybe the numbers don't show it like you're detailing, but if people didn't get the jobs that FDR created, they would have starved. That or they would've lost what little hope they had left, and just quit on life.
It's not always about numbers. People living in the country at that time didn't know the value of their dollar was being lowered.
FJBuchholz4 1 year ago
@FJBuchholz4 hello
SuperNba2k11 1 year ago
This has been flagged as spam show
@FJBuchholz4 hello i am awsome
SuperNba2k11 1 year ago
@FJBuchholz4
People don't need courage or economic doctrine to point out the obvious and intended effects of political programs - bureaucrats and the media are very skilled at doing that, and any union, corporation or cartel can give a ready account of what their members have recently gained from a recent intervention, and of any secondary gains to "the public, as a whole".
-
PanzerDivisionBOM 1 year ago
-
Rather, they need this education to understand the unseen and the unintended consequences of these programs. To learn that there is no such thing as a free lunch, and to comprehend the full cost of an intervention, no matter who ends up paying it and when
PanzerDivisionBOM 1 year ago
@PanzerDivisionBOM The so called United States Chamber of Commerce has become a global corporate interest, a big union, that many small businesses are realizing squashes their success.
wjksea 1 year ago
People need to start watching youtube videos of professor William Black at the University of Missouri in Kansas City. He investigated white collar misconduct during the savings and loan scandal. Yes sheeple, well educated guys and gals wearing nice suits can be as criminal and conniving as any crook...just more devastating to the social fabricate because they tear down trust. That's why glass steagall act was put in place...to build trust in banking that the crooked bankers ruined last time.
wjksea 1 year ago
@wjksea
Well, see...
When big business and government are caught in bed together, redistributing wealth towards themselves, I tend to place the bear's share of culpability with the bureaucrats. This is because, in the absence of this unholy alliance, the business would either be efficiently satisfying consumer demand or not be a business at all, whereas the bureaucrat would still be engaged in some sort of coercion and market disruption anyway, as per his job description.
PanzerDivisionBOM 1 year ago 2
@FJBuchholz4 The value of the dollar skyrocketed during the GD because the Fed contracted the money supply by 2/3rds. As far as FDR's job creation, there is evidence that all the gov't spending prolonged the depression because gov't spending pulls capital from the private sector which is much more productive than the gov't.
jjrglobal 9 months ago
@FJBuchholz4 Awesome video. Thank you. Just can't believe that America is all about money money money work work work because of the effects of the great depression... That didn't dawn on me until watching your video. Sometimes I get upset with America's virtues... I suppose I understand now, where it all came from. Thanks again.. you don't know how much this video put the internal conflicts about life, money and living into rest for me.. =)
OfficeFunhouse 9 months ago
This has been flagged as spam show
@FJBuchholz4 @FJBuchholz4 Awesome video. Thank you. Just can't believe that America is all about money money money work work work because of the effects of the great depression... That didn't dawn on me until watching your video. Sometimes I get upset with America's virtues... I suppose I understand now, where it all came from. Thanks again.. you don't know how much this video put the internal conflicts about life, money and living into rest for me.. =)
OfficeFunhouse 9 months ago
We had crashes in 1907 and 1921, the government didn't get involved and the recessionary periods were over in a year or less. People don't realize that recessions need to happen in a natural economy. The Federal Reserve printing money/creating credit caused the Great Depression by delaying a recession, they made it worse than it would have been. Unemployment after the 1930 crash was 8.7%. FDR seized private gold, devaluing the $ by 40%. under FDR unemployment hit 25%. put away the govt text book
lavixl 1 year ago
Your evidence of this?
In the long run, we suffer from some of FDR's policies, but the people of this time were well worse off than we are today. Learn some history.
I agree about Obama tactics, which differ greatly from FDR's (again, learn history). FDR created work. A lot of it. Obama is giving handouts. To businesses, families, and lazy Americans. In FDR's America, there were no handouts, just hand ups (I feel like my 16 year old students got this better than you).
FJBuchholz4 1 year ago
@FJBuchholz4 I don't believe the constitution meant for a president to create OR stifle work unless it was about enforcing laws written by congress... lavixl is correct btw. The Fed, created the depression. FDR wanted a whole second 'bill of rights' confusing the idea of rights up entirely. We had to make and amendment for term limits because of FDR. Haven't you learned this? And shadowgunner82 is also correct.. the Fed expanded money supply for the war and after the depression ended.
Clyaton 1 year ago 3
@Clyaton
How did this video have anything to do with the limiting of terms? Of course I know that, but it has no relevancy to the Great Depression. Also, I'm pretty sure I stated that the credit system created the foundation for the depression. Is anybody even watching this, or are we just watching the title screen and then jumping into irrelevant topics such as "we needed an amendment to limit terms"? Great point if I was addressing limitations on political power in American history. O.o
FJBuchholz4 1 year ago
@FJBuchholz4 Yea, but the credit system didn't create the foundation for the Great Depression, it's just what set it off. MY POINT WAS - at the end you implied FDR as being the savior, when in reality he helped to prolong it.
Clyaton 1 year ago
@FJBuchholz4
I think that this video is great for a review before a test, but it doesn't go into enough depth to be considered for a lesson.
grendle7 2 months ago
FDR and his policies only made it worse and longer just like Obama is doing now..
Texaskingfish 1 year ago