Financial bailout: a necessary evil

[dcoakley11]

i meant CANT sustain this... the world has 9 trillion in debt to rollover this year who in there right mind would buy up this debt at 0-.5 % interest with inflation at 16% minimal.. of course we will just monetize this debt like the rest but sooner or later this money is going to reach our economy and we will have massize inflation. if the economy actually really picked up it would be totally disastorous that tells you the shape we are in this will be the largest event in human history

[dcoakley11]

how can they say he was the first to correctly predict this.... this was very predictable austrian economists like mises predicted this in the 50's and earlier we can sustain a debt based currency in order for it to work we must go further in debt each month and each year after year or the whole thing collapses. think if i have the only dollar in existance and you want to borrow it from me and you owe me interest on it where do you get it?? you must loan out your dollar and so on and so on

[Brainman94]

If anyone hasn't read the book The Creature from Jekyll Island yet - the author presents a lecture on it. It is MUST SEE (or rather MUST HEAR) material - really gives a concise summary of the fraudulent Federal Reserve Banking System and what these bailouts really are - the scale of the fraud is mind-blowing - you will be gobsmacked!

"The Creature from Jekyll Island - How the Federal Reserve Was created"

watch?v=z13TzFBtsWw [It's 1 hour long - start at 55:00 if you are short of time.]

[aviomaster]

-- IT is good to hear someone ,, who knows and speaks independently ,, about this crisis ,,, NICE ,, Imagine 15-20% unemployment ,, ooo SHIT ,, IT is going to be HELL in USA.

[donze52]

If you can't find a job, go to work,

no pie in the sky stuff,

one seed can grow 3,000 seeds in a summer, one yard can grow 3,000 plants or in one summer you can grow 9 million seeds for food, herbs, medicine and yes weapons.

donze52 films

[24underground]

i liked this video :)

someone smart please help me Q5

[chupiperea]

audio quality is bad

[dave777blaster]

The banks are not worth 3 trillion dollars

why spend 9 trillion on a bailout for them!

[divinacomedias]

You see the gun they are holding at representatie goernments heads, saying that "In the last depression we did not use fiscal stimulus and bailout, and that if we do not do this we will have a serious depression..."

Well, in the last depression, monetary policy and financial oversight was not made democratic either! So we do have other choices, to say otherwise is a manipulation.

[divinacomedias]

Myself, in 2005, looking at commodity prices (ie gold)... I predicted a depression was comming as well over the next few years... it's not very complicated.

To me:

1. Private finance policymaking interests

2. The so-called "war on terror"

3. Debt / Devaluation of Dollar / Commodity prices

hinted towards a depression, and new policymaking at international monetary level.

[divinacomedias]

Nouriel Roubini, however, proposes more of the same.

He is at the pay of the international financiers, that den of vipers and thieves, who have a controlling hand oer uniersities and publishers.

[Nickalispicalis]

Really ? He is a professor at NYU. I don't see him driving around in a Ferrari.

[divinacomedias]

The moneymasters documentary predicted the crash, and was made in 1995...

I recommend the website, just as a point of view to be considered if anything.

[dave777blaster]

The American consumer is at the end of the line send them 7 trillion $ try some trickle

economics.

the bailout is to allow all the elites to get out of the market at the expense of the people

I am certain if you give each America 20,000$ the economy will improve

[KaiserSauzay]

Yep, broad daylight robery.

[BlueSkies360]

Roubini is advisor to Obama

Roubini was advisor to Clinton

Roubini advises Kremlin

Does not sound very market oriented to me..

[Kobzatoronto]

Roubini is right-on with the recession - deflation - bailout = only hope..

All investment bankers and money managers world-wide played with other's money like a big roulette.

All balloons are popping now and reflation will takes many years until the world wide roulette game will start again.

[averageworkinggal]

The most important thing to control are the various central banks.

The central banks are a major culprit in the financial meltdown since they provided excessive liquidity and failed to take action to sufficiently regulate the use of the increased money supply.

[Petrolhead1984]

All the big central banks are in private hands

[jpschubbs]

@averageworkinggal Self-regulation never works. You're right on the money.

[zergmachina]

roubini's only solution is print baby print

[wizkid2000]

This guy is a hack! Clueless!

If you want to know about the economy, Listen to Peter Schiff.

If you want to know about US Government spending and debt, Listen to Ron Paul.

if you want to know why these things are done on purpose, you must Listen to Alex Jones!

[divinacomedias]

If you want a history of money and finance, and a possible legislative Monetary Reform Act, watch the moneymasters, and visit their website.

[danoking69]

TRUTH!! SHARE!! EXPOSE!