fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

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How about you take two minutes to give us a synopsis?

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Um, if you actually want to know then take the time to watch, cant be explained in two minutes, these are very complex issues

Chapter 1 can basically be summed up as a discussion of QE, and monetary policy in response to 2008. Banks recieved money intended by the fed govt. to be used for small business loans etc., and instead bought bonds that the fed was buying, specifically mortgage backed securities as the fed Indictated their objective was to drive their prices up. Allowing the banks to ride that trend out of the hole they created.

It isn't that hard to provide a summary, especially when the video discusses these concepts in simple terms.

The banks chose greed instead of helping small businesses.


A solid analysis would be bullet pointing each chapter, and discussing the main point or points in 1 paragraph. That's way better than a 2hr. Video.

aggie93 said:

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Bag said:

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fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

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How about you take two minutes to give us a synopsis?

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Um, if you actually want to know then take the time to watch, cant be explained in two minutes, these are very complex issues

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There are a lot of smart people on this board who are already versed in what's going on so you don't have to start with the assumption of starting from Square One. Haven't watched the video but something like this is opinion based upon data that they choose to emphasize. That's all good but the reality is that so many things occurring in the national and global economy are unprecedented, both for good and for ill, that I am wary of anyone that is assured that we are either on the edge of a Depression or that we are about to rebound. No one really knows because the old guideposts are less reliable indicators in a time of Deglobalization, demographic collapse in much of the world, the emergence of AI and other tech, and the fact that the US is set to be the "tallest midget" in just about any scenario.

So once again, if you could put up some bullets or more than "The Great Depression is coming! You must spend 2 hours watching a video because I think it's important!" is not how things roll here.

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been on this board since its inception, I know how things roll here. This is not an opinion piece, its a video about the post 2007 world and how QE (just like anyone with a brain could see) was a disaster for the long-term and too big to fail was a process of kicking the can down the road, something a kin to suppressing a forest fire instead of understanding that fire is a normal part of a healthy ecosystem.

Bottom line is the Fed and ********s on wall st have become the growth engine of the economy wall st, meaning crony capitalism instead of main street capitalism has become our growth engine, something that would make our founding fathers cringe. Corporate debt is at levels that you cant even fathom, that is, it is not to be believed.

aggie93 said:

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Bag said:

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fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

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How about you take two minutes to give us a synopsis?

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Um, if you actually want to know then take the time to watch, cant be explained in two minutes, these are very complex issues

---

There are a lot of smart people on this board who are already versed in what's going on so you don't have to start with the assumption of starting from Square One. Haven't watched the video but something like this is opinion based upon data that they choose to emphasize. That's all good but the reality is that so many things occurring in the national and global economy are unprecedented, both for good and for ill, that I am wary of anyone that is assured that we are either on the edge of a Depression or that we are about to rebound. No one really knows because the old guideposts are less reliable indicators in a time of Deglobalization, demographic collapse in much of the world, the emergence of AI and other tech, and the fact that the US is set to be the "tallest midget" in just about any scenario.

So once again, if you could put up some bullets or more than "The Great Depression is coming! You must spend 2 hours watching a video because I think it's important!" is not how things roll here.

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Really the crux of all of this. We are in unchartered waters, and no one knows what the hell is going to happen.

Bag said:

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Premium said:

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Bag said:

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fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

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How about you take two minutes to give us a synopsis?

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Um, if you actually want to know then take the time to watch, cant be explained in two minutes, these are very complex issues

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There is a middle ground between 2 minutes and one hour and fifty three minutes. Bullet points would be nice…

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Kind of the fundamental problem in society today, everybody wants cheap and easy answers, but sometimes complex issues require a little effort to understand and they cant be explained away in a series of bullet points.

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Not really. Everybody has different data points for the decline of our country. Morality, crime, the economy. Bullet points are just a courtesy which would impel more people to watch the video.

rgag12 said:

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Every day for the past 15 years: IT'S ALL GONNA CRASH WE'RE GONNA LOSE IT ALL!

Still waiting

Maybe one day the chicken little will be right

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Ask yourself what today would look like if the past 15 years didn't happen.

TL; DNW.

I'm already there.

As soon as someone says "the world is going to end, you need to watch this video", I'm out.

Why does it have to be in a video? And nine times out of ten, you can't fast forward.

Doom sells. Harry Dent has been predicting it monthly for years. Since he predicts it monthly, occasionally he's right much like a dead clock twice per day and he points out his rightness without mentioning all the false alarms. Don Mcalvany is another one who has been predicting imminent collapse for 30 years now.

Could it be about to happen? Sure, especially with the idiots we have running things now. But I'm not wasting 2 hours on something that could be summarized in a couple of pages at most.

Harry Dent any relation to Harvey Dent? Asking for a flying mammal friend.

So it will continue to go up, yes?

fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

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How about you take two minutes to give us a synopsis?

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The sky is falling.

HumpitPuryear said:

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JohnLA762 said:

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I keep hearing:



I keep seeing:

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A government that will partner with pharma and tech to push a plandemic on the world will absolutely collude with big banks to manipulate the stock market.

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"Will collude?" Does anyone think the government hasn't been colluding with big banks in every administration for at the a few generations, if not longer, now?

rgag12 said:

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Every day for the past 15 years: IT'S ALL GONNA CRASH WE'RE GONNA LOSE IT ALL!

Still waiting

Maybe one day the chicken little will be right

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I guess you have not read the last 120 years of history? Hint, history did not start in 2008

Bag said:

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aggie93 said:

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Bag said:

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fc2112 said:

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Bag said:

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I would advise that you take the two hours and watch this video.

---

How about you take two minutes to give us a synopsis?

---

Um, if you actually want to know then take the time to watch, cant be explained in two minutes, these are very complex issues

---

There are a lot of smart people on this board who are already versed in what's going on so you don't have to start with the assumption of starting from Square One. Haven't watched the video but something like this is opinion based upon data that they choose to emphasize. That's all good but the reality is that so many things occurring in the national and global economy are unprecedented, both for good and for ill, that I am wary of anyone that is assured that we are either on the edge of a Depression or that we are about to rebound. No one really knows because the old guideposts are less reliable indicators in a time of Deglobalization, demographic collapse in much of the world, the emergence of AI and other tech, and the fact that the US is set to be the "tallest midget" in just about any scenario.

So once again, if you could put up some bullets or more than "The Great Depression is coming! You must spend 2 hours watching a video because I think it's important!" is not how things roll here.

---

been on this board since its inception, I know how things roll here. This is not an opinion piece, its a video about the post 2007 world and how QE (just like anyone with a brain could see) was a disaster for the long-term and too big to fail was a process of kicking the can down the road, something a kin to suppressing a forest fire instead of understanding that fire is a normal part of a healthy ecosystem.

Bottom line is the Fed and ********s on wall st have become the grown engine of the economy wall st, meaning crony capitalism instead of mainstream capitalism is our grown engine. Corporate debt is at levels that you cant even fathom, that is, it is not to be believed.

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If you want to play the who has been here longer game. Your user name says 2002, I'm from Oct 9,1999 which is literally one of the oldest profiles on this site after the Great Crash. I was on here for years before that when the initial group moved over from GoBig12.

Otherwise thanks for posting at least a pseudo summary. BTW just about any video is an opinion piece because they get to choose what things they do or don't include and what they emphasize and what they credit or discredit for the cause of issues or predicting future issues.

The current climate has some things in common with 2008 and even the Dot Com Bubble. That said it's also fundamentally different. You don't have the crazy investments of either of those bubbles, instead you have stupid Fed policy. In 2001 folks were throwing millions at business plans written on a napkin. In 2008 banks were loaning money to people who could never pay it back and overvaluing property. The only similar crash we have had is crypto but that was all speculative money for the most part.

Don't get me wrong, I'm very nervous about the current climate and there are some serious danger signs. The biggest problem is we have an idiot in the WH, a Fed that isn't much better, and a Congress that can only agree we need to send more money to Ukraine. That said what is different from '01 or '08 is the rest of the world is in worse shape than we are and the money is coming to the US to invest among other things.

We just don't know.

No Spin Ag said:

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HumpitPuryear said:

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JohnLA762 said:

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I keep hearing:



I keep seeing:

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A government that will partner with pharma and tech to push a plandemic on the world will absolutely collude with big banks to manipulate the stock market.

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"Will collude?" Does anyone think the government hasn't been colluding with big banks in every administration for at the a few generations, if not longer, now?

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I hear what you're saying but there's way more nefarious intent in that partnership. The wealthy have always owned newspapers that pushed certain narratives but the level of cooperation on covid is unprecedented in its scope and level of evil intent. Recent run up in equities despite every indicator being quite negative has a covid plandemic feel to it.

Premium said:

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Didn't watch, but if a Great Depression is coming what is the best hedge against it all

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Wild hogs, we all gonna be hunting them.