John Mauldin - The End Game

John Mauldin, best-selling financial author, discusses his view of the debt cycle, and the coming de-leveraging recession. Filmed during the Executive Program March 2010 at Singularity University, NASA Ames, Silicon Valley.

Category:

Science & Technology

Tags:

• John Mauldin
• Singularity University
• finance
• debt
• investing
• recession

[ThunderAppeal]

Mauldins rant on GlassStegal is right on!!!

[jones6119]

If only Americans had a problem over-consuming this type of information instead of over-consuming cheap frozen pizza and ice cream from Wal-Mart.

[kajmobile]

Capitalism should be replaced with DEMOCRACY

That means all business should be publicly financed and income is allocated according to a national plan where differences are limited to only what is necessary to get people to do hard work

Limiting inequality would enable us to pay every worker from $115,000 to $460,000 per year for working JUST 20 HOURS per week

It will make everyone wealthy and eliminate nearly every social problem we have

email me if u want more info and sources on this idea

[kajmobile]

debt means poor people have too little income to spend so they borrow it from rich people who save because they have too much income to spend

the systemic problem is income inequality.

the capitalist system of matching consumers with producers is moronic because it always leads to concentration of wealth and inequality.

capitalism should be replaced with democracy where everyone has equal political AND economic power

[Jai666666666]

Here's your only solution: Shoot ten nuclear missiles at every country that wants to collect on your debt.  Oh, your doing that already!

[moety2]

When you begin to realize jobs as a building base for an economy has lost it's place and will continue to do so (growing population + advancements in technology = less jobs for people) you start to see all of the analysis like this one, while important to understand will mean nothing when people will not have the means to "earn" the right to live.

[dmeiske1]

A person asked him the first question and said when do you think we will have the next recession - His response "first quarter of next year" meaning 2011 I assume since this was posted in 2010. He was wrong, no recession Another thing - Inflation is just as bad as a depression because 1. all savings are wiped away 2. Value of the dollar is destroyed 3. Real wages fall as compared to hours worked

[sugershakify]

@kscrasefrncs You need to re-watch the video please. He is basing his predictions off the study done that he references at the start of the speech. The "theory" you are looking for is talked about. It was a study done by the pair of economist that showed these events to be truism's. "It's just the way things are" .... i.e, The sky is blue, up is up and debt in excess of 90% of GDP kills economies.

[kscrasefrncs]

At 25 minutes in he reveals he is somewhat of a moron. He cites that when government debt rises to 90% it seems to reduce potential GDP by about 1%, thereafter he says this is not a theory but simply a fact, thereafter he reiterates that there is no true explanation or theory behind this piece of data, however he wishes to use it to make strong predictions about what is going to happen. However, one can not make predictions simply based on statistics, you need a theory behind it.

[jimpurdie]

heres a soloution do away with money love your neighbour and theres enough for everyone to live nicely.

[OghamTheBold]

I've listened to other economists explain 20:10 backwards (unsure which is right ) - they explained that when private spending 'falls' by $1 the government steps in and thinks they need to spend $1

Works out the same - but it's nice to know the 'mechanism' - who or what is doing the pushing or pulling - and the 'agents' - why