Inside Story - Financial crisis and Europe - 23 Aug 08 Pt 1

[sduking]

That's some nice defcon counting dude. It goes from 5 to 1 (no it dosent, other way). Then he goes, defcon one, two, ...., four, one. 13:36

[Francesko263]

European wellness is seen with envy by evil global banksters.

[asteris78]

out of this joke now ,

[asteris78]

out of this joke part of goldman sachs

[Gary190tube]

It is absolutely untrue for them to say that this wasn't foreseen.

Of course it was. Everyone saw it coming a mile off.

And it will happen again in 20 years, and 20 years after that...

[ne1l007]

yes very true. i agree with the editor of city AM

, its called a wealth effect. Ireland and spain realy on construction thus the bubble bursting hit it hard

[Spenner56]

Europe will soon be the only continent in the world with it's own `capital ´ !

Der Spiegel magazine reports that the un-elected EU Commission has `Big ambitions for Europes capital ´. These include 10,000 new offices for their 30,000 beurocrats and an office space as big as 40 football pitches for the un-elected Commissions employees.

Who'se to pay the hundreds of millions of Euros..` perhaps billions ´needed for this project ?

Us Europeans denied a voice !

Crisis ?

What crisis ?

[RAGtagBAG88]

It's pathetic listening to these arseholes who admit they had no idea the continuing growth of capitalism could also fall!

Anybody who read any left wing publications from socialist or Marxist groups from New Labour taking power in 1997, analysed the financial situation exactly, their perspective was 100% clear - the boom was based on ficticuous money, gotten via loans & credit based on the ever increasing rises in house prices. Until the banks were issuing worthless bonds to other banks.

[Cezafan66]

Im stripping down.......you boys watching???? send me a message z

[ngonea]

Lyndon Larouche predicted this in 2005

"Larouchepac dotcom", and he also predicted if the Gov. passed the Bailout bill, the $ will collaspe completely.

[KineticFrenetic]

Read the Economist. China is definitely not doing well. America falls, and you can sure as shit bet that China is affected (outsourcing, exports, etc etc).

[siebelseibel76]

But it is important to note that many Asian economies (in particular, South Korea) are moving towards China b/c of the current crisis. Those closely tied to America suffered the most. Asia was more distant then Europe and have retained foreign reserve surpluses. Thus, they can and are already starting to recover. Recover by relying on each other, forming a new 80 billion dollar Asian reserve. Perhaps we are seeing the verge of a more multipolar world.

[siebelseibel76]

The Asians have learned from the Asian Finanical Crisis and will not repeat it.

Currently, the East Asian Tigers, as well as China, Japan and others in East Asia are defining the IMF more then ever. Their economies are not fully open for American companies to profit off of. Instead, they are focusing on exports by devaluing their currency and purchasing foreign reserves more then ever.

[KineticFrenetic]

Eh, it's almost a month later and our own economy has somewhat recovered from this disaster. It's old news now. In fact, our own fears have decreased the demand on many products.

Sometimes "jumping the gun" with any propaganda (whether it be economic "apocalypse") can prove to be SAFE. Anyways, it's all blown over. Great Depression Part 2 won't commence til another date. Move along...

[siebelseibel76]

I am not commenting on America's economy or if America is recovering. I am talking about what the world will walk away with after the crisis. Regionalism is becoming significant. Asia is just one example. In South America, states are running towards Brazil.

I don't think the world will move along without a lesson.

[mynewschannel]

They should bang these thieving bastards up in jail and seize their assets, not reward them.

[authmaax]

DAMN! they never speak where the money is desapearing to... or if it ever existed... all have builded DEBT "empires".

[befr33]

The Swedish government bailed out banks in the early 90s, and the Krona is still suffering. Capitalists and Socialists alike behave the same and it has nothing to do with party politics, and everything to do with the global financial elite (AKA the real Mafia) that runs the show world wide. They use tax payers money to bail themselves out via their political co-horts they control. What a shame.

[LaRoucheisright]

The solutions to this crisis proposed by the Great American Economist Lyndon LaRouche, is the only reasonable resolution, if you want to live. I beg you all citizen please familiarize yourself with what Lyndon is saying. There are plenty of shorts on my channel the laroucheyouth channel is official. Also the larouchepacdotcom site is the place. The LaRouche movement also publishes a weekly 'Executive Intelligence Review" the Schillerinstitutedotorg if you take the time the alternative is there.

[x1600meterman]

This is just horible, i thought the finacial crisis was just happenig in The USA, but it's global. Dooms day is upon us.

[geisler78]

Yeah, it was reported last week that this went as far as China (Hong Kong). It's in Endland, France, Germany, Scotland, India and other countries. It's world wide.

[shockboner]

I wouldn't necessarily call it global but it definitely exists abroad. Right now, it's the United States and Europe taking a big hit while the Gulf Region could possibly be taking a small hit from this. However, Japan and China seem to still be doing fine right now. Trust in thy Asians.

[prisha91755]

When the only goal in life is to get rich and consume as much as possible we are going against life and nature which seeks balance. You don't have to know all the ins and outs the of financial industry to see there is going to be a problem.

Let's watch the insurance industry and the US health care industry fall on it's face next.

[toplawyer2007]

However, Americans will choose another Republican due to their racist blood.

[petergriffen222002]

thats right bitch

[Tupiii89]

This was supposed to be about Europe! Why the hell are they only talking to British what evers!

[oceanbound222]

The world is collapsing in many ways under george bush - the fucking terrorist !!

[plenty2say]

Next is the nuclear war.

[333ree]

I think this guy may not be too far of the mark not enough money in nuclear theyll drag it out WW3 expect it to be about right by 2070

[petergriffen222002]

You need to check the facts you retarded monkey

[tube01123]

monkey? dont you mean sheep..or is that an insult to sheep?

[DFORCE1969]

Global capitalism;sociopaths with carte blanche to exploit & destroy everything upon this planet;If the US Govnt bails them out expect even greater economic & environmental catastrophes over the next few years.....

[totoro5421]

the young comentator was making a critic to the core of the capitalist system, and was interrupted 2 times by the moderator.

[42fordprefect]

In the title of the video, the date should be 23rd SEPTEMBER.

[zzzbbb123456]

"no one thought this party was going to end"

What´a fuck it allways ends,

highs and lows.

[GuyInvincible111]

didn't Steven Cole disappear from BBC for running a false story about Union Carbide apologizing to India?

[jinjin16]

these two are liars. washing their hands with pretensive ignorance.

[timetofly5]

the money whores are getting what they got coming to them Why help them

[jinjin16]

if these people didn't know what were going on, why are they now talking like experts?