1929 Wall Street Stock Market Crash - Prepare for the next Great Depression in 2011

[09051961butts]

THE USA HAS THE OBAMA BLUES

CLICK THIS LINK TO LISTEN

[rlichota1]

This is learning, history to repeat itself.

Robert Lichota, Robert Lichota

[StanwoodSpartans]

Alexander Hamilton = i <3 central banks

No founding father IMO

[eventvisionsinc]

wow



[nowthatsinteresting1]

Well it happened - good prediction. I think we need to think of another way of organising world trade and local economies. The 'global free market' project has failed.

[Ilikemustard]

@nowthatsinteresting1

Don't confuse a true free market with the crony capitalism that currently dominates the world.

[nowthatsinteresting1]

@Ilikemustard Not sure how some of these corporations are going to get any meaningful competition any time soon - with or without help from government cronies. Take amazon - they avoid sales tax in the Uk (20%) by shipping all their stuff thru Jersey. I can't compete with that. Our government would have to take action against them to stop them - that isn't a free market. I say that the free market creates monopolies. You will disagree with me. I see no evidence that you are right.

[Ilikemustard]

@nowthatsinteresting1

So you give me an example of a corporation trying to avoid TAXES and you think this demonstrates a flaw in the free market? Wow.

NO, monopolies are formed WHEN government intervenes, because when government intervenes it is almost exclusively to help the big corporations because they are the ones that can pay off politicians.

An example: Google "easyJet Air France monopoly". easyJet wanted to compete with Air France, but the government blatantly said no.

[nowthatsinteresting1]

@Ilikemustard Oh dear. Every corporation must act to destroy as much competition as possible. The bigger they get the harder they are to compete with. This is just common sense and there is evidence everywhere you look (eg supermarkets in UK). You quote an example of a government protecting a home-grown (and in that case taxpayer-funded) business. Agreed governments DO do this type of protectionism - but this doesn't prove monopolies can ONLY be created by governments. That's logic.

[Ilikemustard]

@nowthatsinteresting1

Part 1)

Yeah, they act to destroy as much competition as possible, and the most efficient way of doing that is lobbying politicians. This is just common sense and there is evidence everywhere you look (e.g airlines in France).

[Ilikemustard]

@nowthatsinteresting1

Part 2)

No, you're completely wrong. The larger a corporation gets, the EASIER it is to compete with them. As a corporation buys out the market, it becomes more expensive to do so as there are less competing firms to buy out. Basic economic law, low supply, high cost. So the more firms that are bought out, the more expensive it becomes to buy out the market.

So to do this, big corporations need to take on lots of debt, making them easier to compete with.

Simple myth.

[nowthatsinteresting1]

@Ilikemustard Theoretical bullshit. Corps do buy politicians - but there are plenty of other ways to destroy competition. Try setting up a local shop next to tesco metro and see how much effect tescos debt has on how much money you make. You arguments are out of the US book of crap arguments to justify the 'free market'. They don't stand up any more.

[Crackisthe]

when in 2011?

[bloodowrm]

its hard to watch this with that overwhelming advertising in red at the top. Fail!!

[chadberry75]

except this time around..there are no factory job's 2 go back 2...scary .

[brendandylanmaloney]

Did these people forget that it is called gambling.

[oldereb38]

The Fed obtained $8.4 trillion last year from the auction of Treasury securities---OFF OF THE BOOKS--without Congress and the public being aware of it !!!! The Ponzi scheme Fed does not even report the income as they confiscate the wealth of the people and inflict perpetual indebtedness and national bankruptcy. Check out: 3W scribd dot com, message 48194264 or search RIP OFF BY THE FEDERAL RESERVE for the mathematical progression.

[toppgunn2232]

aha the margin loans of the old days free money no intrest until the banks made the call for full payment!kinda like today 0 intrest until inflation hits the fed will hik,e the rates to control inflation those that cant make the call will fail fed owns everything!

[RayAir1]

The state of the U.S economy is so bad I fear that it's going to be like Red Dawn one day in this country.

Buy food;water;guns and ammo;silver; and medical supplies. You'll need them all eventually.

[boggymog]

@RayAir1 Silver ammo? What are we hunting warewolves?

[JosephSeall]

@RayAir1 I would if i had any money.....



[RayAir1]

@JosephSeall

Just prepare as best you can. Even if it's a little, it will still be better than most others.

[rdknght17]

@woutvsas yep cause every dollar that is printed has and interest so if you took every dollar back and gave it to the federal reserve we would still be in debt

[TheDigitalWeb]

Survive The collapse ! Help for your Family!

GET AN INCOME !

w w w dot Virgil dot my e foods dot com

EAT HEALTHY - EAT SAFE !

[sickasso72]

this time around, if any bankers start trying to give out loans again to start up new businesses... kill them!

[boxa888]

spread organic heirloom food seed far and wide,its called"johnny appleseed economics"or"gorrila gardens",spread more organic food. wake up everyone,do your part!IF YOU ARE angry,get seed and make a organic revolution your way.SPREAD THE ORGANIC SEED EVERYWHERE TELL OTHERS! INCREASE THE FOOD SUPPLY RIGHT NOW WHILE WE GOT TIME!! GROW VERTICAL GARDENS IF YOU DONT HAVE THE SPACE! START NOW!SOLAR ENERGY,HAM RADIO,WATER!

AN ARMY IS ONLY AS STRONG AS ITS STOMACh

[stephenbarron725]

its all about when the music stops ,who has a seat at the table , trust the facts and trends .WE ARE not even invited to the party....get your money out of the banks and the markets..buy real goods. THE QE BUBBLE IS GOING TO BURST IN 2011 and the hole house of cards will fall. GAME OVER

[free2bekirk]

we do have a stock market which has disconnected itself from the current economy basically we are experiencing the deception of the Balloon Market which means the Stock Market is over valued and over inflated which is the beginning of a drastic crash

[SuperPreciousMetal]

we just got out of the roaring 2000s now were heading to the broke teens. lol

[SuperPreciousMetal]

you go watch the playoffs, im gonna invest in silver. go packers. lol

[elementpass818]

It is just recovering to its status then, but could have another downturn, not crash, depending on the next 2 years of government action. theres no need for all this doom & gloom, go watch the playoffs.

[elementpass818]

If you study the actual great depression you would know that it was not caused by the stock market crash alone, it was just a part of the equation that was a perfect storm for america. The stock market did NOT cause the great depression, many other variables were involved. Also, notice the depression came after a golden era in american economy, not the aftermath of a recession. we just had a crash a few years ago? The market is at the same level it was in 2008 before obama was elected.

[stixin2000]

@elementpass818 JUST LIKE THE PERFECT STORM LOOMING NOW. THE MARKET MAY BE AT THE SAME LEVEL AS 2008, BUT WHILE BANKS AND INVESTORS ARE MAKING MONEY, EVERYDAY AMERICANS ARE LOSING JOBS AND THEIR HOUSES. LETS SEE... EGYPT RIOTS, OIL PRICES SURGING, FOOD PRICES SURGING, HOUSES STILL LOSING VALUE, 400,00 NEW UNEMPLOYMENT CLAIMS,NATIONAL DEBT AT 14 TRILLION, DOLLAR LOSING VALUE, FED PRINTING MONEY. WHAT ELSE DO WE NEED FOR AN ECONOMIC COLLAPSE? AND I USED TO BE OPTIMISTIC

[Adamqo]

this seems to be a cut from a longer movie - any idea of its name?

[tgpdlp1]

re tdiaczok: This video has everything to do with 2011. Look for the parallels of 29 and today. We are being setup for a crash. The Fed is propping up the market and telling you they are doing it to make us feel good about the economy. Look for inflationary depression this time around.

[tgpdlp1]

Their is no fundamental reason for the stock market to be climbing as high as it has. The CNBC cheerleaders can not be as stupid as they appear. This must be a setup.

[tdiaczok]

Good video on the crash but nothing about 2011. The title is misleading

[acousticonlyforever]

Clarkewi makes a most important point that wall street is totally disconnected from main street. There has been no recovery in the real economy. Further decline in the economy is being artificially stopped by the Federal Gov't but it can't keep this up forever. There are no real jobs being created compared to the millions lost. How can a retail stock increase on Wall Street when there are no shoppers on Main Street is beyond my comprehension. A total disconnect.

[markhelf]

The stock market crash of 1929 was Engineered by $Trillionaire Bankers note the Consortium of Bankers led by JP Morgan(agent of Rothschilds) "to shore up stock prices-but it had not been saved" As with many other stock market crashes like the Next one!

[aprilrosemusic]

I agree with Calkewi, not that I agree, but the Math does. I do have the formula and the proof. The funny thing is that the variable are so strange, it is hard to believe.

But once understood, then every thing, and I mean every thing becomes very clear.

[MrDeerecub1977]

simply wiped out my ass.somebody always gains

[clarkewi]

The disconnect of the real economy with speculation is always the cause. That is what happened in this crises. This is the greatest challenge for capitalism and the problem has not been solved - how to prevent "investment" from becoming a gambling casino.

[evvs20]

@clarkewi There has been no free market capitalism. How is it a free market when the Federal Reserve sets artificially low interest rates an the Gov't dictates loose lending standards through Fannie and Freddie. A true free market system would not have allowed this to happen.

[TheDummydude]

bullshit