@JakeMansonNYC You know that Hubbard was pretty high up in Bush's team of advisers? He was one of the main guys designing the Bush-tax cuts. His form of supply side economics hasn't worked quite the way it was meant to.
@JakeMansonNYC That would basically be "Bretton Woods, the second act". Worked for a good long while, but for that you need one dominating currency (at the time it was the dollar) that is reasonably stable. Then the other can occasionally devalue or revalue their currencies in discrete steps.
To be fair, I don't think that money stability is the real issue at the moment, so I think economies would be losing valuable degrees of freedom if they were to tie themselves up that way.
@JakeMansonNYC Well... considering the alternatives it isn't such a bad thing to have fiat currency and CRB. Gold didn't work either. With fiat money you have the problem of possible fuck ups of the central bank. With gold, you are vulnerable to randomness in the gold supply. Look what happened to Spain durning 16th and 17th century. Their economy was destroyed by too much gold from America. And it can be a good thing to have knowledgable central bankers keep the price level stable.
Thank you to shed some bright side to all the mess being perpetuated by the "leaders" in the whole world. Fight over-indebtness with more debt, what a great idea!
This is just another shot of drugs before the next downturn.
Yeah, lets continue to destroy trust and good faith before we end up in total collapse of society.
As America and the world's economy continues to go downhill, there is little humor to see in the situation. Where is our hope? Not in Sen. McCain or Sen. Obama - neither one of their economic policies will help (more promises and more printing money out of thin air). Who warned them about the economic crisis? Ron Paul did. Did they listen to him? NO. Are they listening now? NO. Will they change their policies before the election to better ones? NO, BECAUSE THEY WANT TO BE PRESIDENT! God help us.
Plus: I find humor to be quite relieving in times of crisis! Just think about the absurdity of our system! We thought we could run ponzi-schemes for ever and ever, and now we act, as if the trouble came out of thin air! Come on: A whole planet acts like a 5 year old child that does not understand that there are consequences to any action! If this isn't funny, I don't know what!^^
this is comedy at its best.lol
blinkb1077 1 year ago
@JakeMansonNYC You know that Hubbard was pretty high up in Bush's team of advisers? He was one of the main guys designing the Bush-tax cuts. His form of supply side economics hasn't worked quite the way it was meant to.
TheDudefromSomewhere 1 year ago
@JakeMansonNYC That would basically be "Bretton Woods, the second act". Worked for a good long while, but for that you need one dominating currency (at the time it was the dollar) that is reasonably stable. Then the other can occasionally devalue or revalue their currencies in discrete steps.
To be fair, I don't think that money stability is the real issue at the moment, so I think economies would be losing valuable degrees of freedom if they were to tie themselves up that way.
TheDudefromSomewhere 1 year ago
@JakeMansonNYC Well... considering the alternatives it isn't such a bad thing to have fiat currency and CRB. Gold didn't work either. With fiat money you have the problem of possible fuck ups of the central bank. With gold, you are vulnerable to randomness in the gold supply. Look what happened to Spain durning 16th and 17th century. Their economy was destroyed by too much gold from America. And it can be a good thing to have knowledgable central bankers keep the price level stable.
TheDudefromSomewhere 1 year ago
Stupid video
987654321330078 1 year ago
Boys II Men On Bended Knee parody is not only worded well, but sung well. A+
doubleestark 1 year ago 2
You guys are pure fun
4:27 great performance!!!
hitmanhits 1 year ago
I support bernake-san!
you7767tube 1 year ago
LOL such a nice song
hansonkewl06 1 year ago
Thank you to shed some bright side to all the mess being perpetuated by the "leaders" in the whole world. Fight over-indebtness with more debt, what a great idea!
This is just another shot of drugs before the next downturn.
Yeah, lets continue to destroy trust and good faith before we end up in total collapse of society.
danben72 2 years ago
this is awesome!!!!!!!!! <33333333
stepsnw 2 years ago
This video is insane! you blokes are a laugh...Talent :)
loved it.
...the video not the crash...
TheUltraNinja 2 years ago
Is the guy playing Bernanke wearing a Karl Marx mask? The beard is extremely long lol
MadPutz 2 years ago
How Boyz II Men could expect their song would be recreated in such a brilliant way? haha! great job"
berlinosaka 2 years ago
This comment has received too many negative votes show
Pretentious rich spoiled kids making a video about the economic collapse, ooo, like I give a shit.
Renegen1 2 years ago
You guys rule!
bigollameo 2 years ago 2
i know all you cbs alumi are partial toward your dean but honestly hubbard couldn't have stopped the sub prime melt down any more than bernanke could.
greenspan left a shit hole for whoever was picked to fill his shoes
bennybob1001 2 years ago 3
with some concern and awareness.
alcatraz109 3 years ago
goddamn funy!
alcatraz109 3 years ago 2
loving the whole boyz II men theme. hilarious.
snapcrackleandpop99 3 years ago
This has been flagged as spam show
1.copy this message
2.hold your breath and paste to another video if you can then you are a great kisser
phillipvaldez23 3 years ago
As America and the world's economy continues to go downhill, there is little humor to see in the situation. Where is our hope? Not in Sen. McCain or Sen. Obama - neither one of their economic policies will help (more promises and more printing money out of thin air). Who warned them about the economic crisis? Ron Paul did. Did they listen to him? NO. Are they listening now? NO. Will they change their policies before the election to better ones? NO, BECAUSE THEY WANT TO BE PRESIDENT! God help us.
RockTheVote08 3 years ago 4
To be honest, it sounds very funny to me :)
Mrgwa 3 years ago
Plus: I find humor to be quite relieving in times of crisis! Just think about the absurdity of our system! We thought we could run ponzi-schemes for ever and ever, and now we act, as if the trouble came out of thin air! Come on: A whole planet acts like a 5 year old child that does not understand that there are consequences to any action! If this isn't funny, I don't know what!^^
TheDudefromSomewhere 2 years ago 9
VERY VERY VERY NICE!
anana88 3 years ago
grande!! troppo divertente :-)
(great!! is so funny! )
samuelec 3 years ago 2
studying hard for my GMAT so that one day i can be in one of these videos
djchamaica 3 years ago 14
Hilarious Video! You've got to Love the HUBBARD!
LDSurf1 3 years ago
HILARIOUS! Glenn Hubbard ROCKS!
LDSurf1 3 years ago
this is so funny. you guys are genius!
hennjinn 3 years ago
haha! this is so funny! im loving it!!!! awesome! great job follies CBS 2008!
shabee1234567 3 years ago
Follies rocks !! My best moments in school
Mitr007 3 years ago