Inside USA - The financial crisis - 31 Oct 08 - Part 2

On the eve of the US presidential election, Avi Lewis reports on the financial crisis from the floor of the New York Stock Exchange. With a chorus of different voices, from Wall Street insiders to those who could not even get in the door of the New York Stock Exchange, this episode of Inside USA explores the roots of the crisis and asks how it will shape the next government of the US.

Category:

News & Politics

Tags:

• aljazeera
• inside
• usa
• avi
• lewis
• financial
• crisis
• economy
• united
• states
• america
• us
• presidential
• election
• wall
• street
• stock

[Renegen1]

very nicely done Avi

[pinkpuma1213]

Very nicely done AlJazeera.

[actvm]

Great report, i love it.

[FromBoomTown]

Most of the bankers and the rich come from dynasties. Like the Rockefellers etc. We work, they onlly invest and sit back and sip champaigne.

[BullGuy87]

"Democracy doesn't govern: money governs..." (undefined).

It might be;

yet we need the market to sell to and the only market able to purchase world goods will be china in close future.

forget America for now, they had a great financial leverage which enabled them to become such a powerful and pride nation. but, through their monetary and fiscal irresponsibility; America is what it is today.

It's a sad situation--no one will be left intact from this crisis; not even India.

[nowayasway89]

this is a prime example that the american dream is not possible for all americans. the american dream is bullshit. it is also an example of how sedate the american people have become in terms of the goings on in their country (myself included). the government runs roughshot over the unthinking majority. open your fucking eyes. the fed just blindsided a whole nation, with an inevitable knockout coming soon. get ready.

[music4loosechange]

EDITORIAL: What is there to love about USA? The Government uses covert methods to torture those found in opposition, it also srecretly maims, poisons, and then some. Hence, American soldiers -- as professional killers -- are better dead then alive. Anyone cought fighting for American terrorist government is better off dead...

Signed,

The Serbian

[jdesai18]

its jus few days, n india n china wil be d part of G8, so u c world's financial n economic structure is also changing, so i think jus wait n watch who wil get ahead in this race. n also china's population wil get old faster than india's, coz of der one child rule...

[jdesai18]

its coz china is communist, so if they want to change some part of china or their economy or whatever other thing, they can do it instantly. However, India is democracy, n as u may kno its hard to change things if ppl hav probs wid it..

[BullGuy87]

*****************A good one;

however, china has enormous market place of 1.2 billion people, about $2 trillion in liquid assets, healthy banks and high enough interest rate to give them room if they have to cut their base interest; therefore, they can mitigate the effects of this financial crisis.

India DOESN'T HAVE MUCH TO SHOW FOR..

Besides large population which is also a significant plus.