Real-life story of "The Big Short"; 2020's economic emergency; Jerome Powell in 2020 | Full Episodes

Well, i do have my reservations about the economic crisis. Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $650K portfolio is down by approximately 20%, any recommendations to scale up my ROI before retirement will be highly appreciated.

Micheal Lewis should do a book on how politicians are getting rich on stock trades.

It's wild to be watching this in 2024.

Rating agencies, that we used to think were above reproach, really let the country down. They should’ve been arrested.

So Goldman got AIG to insure billions in MBS which bankrupted the company then the Secretary of the Treasury, Hank Paulson, who was a past CEO of Goldman bailed out AIG so Goldman could collect. Why are these people not in jail?

"If you pay someone to not see the truth, they will not see the truth." And this is the new American dream, or nightmare.

In spite of how everyone is frig-htened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The own-ership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second qua-rter of 2020, it dropped from 68 to 65.

The quantity of capital you invest, though, ultimately determines everything. With a substantial start-up budget, you could be able to earn more, Its high time one stops relying on the govt with their daily built up stories to deceive the crowd. like haven't they done enough..

I'll say one thing, the general working populous is getting poorer because of governmental problems induced by greedy corporations, who have big money investors, that work to shape policies to save them more money though tax loopholes, international outsourcing, and allowing the poorer populous absorb the costs of the price of labor, materials, or research and development of a project even if it fails. Investors who do none of the actual work in a company but are catered to, at the risk at the most of us, to show profits. No hit to their bottom line big hit to all our pockets. So, I don't care if you're skin tone/color is different from mine, I don't care what gender you love, I don't care if you have a faith in religion or not. We need to fight for all of us from becoming, essentially over a period of time, "renters of everything, owners of nothing" and possibly even slaves to the rich

Just so everyone knows, it’s not over. Shorts still need to close

Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.

Remember how everybody wailed when Chrysler asked the Gov for a loan for retooling & etc? Unlike free money given to Israel every year, Chrysler paid back every cent. (Israel has yet to call the USA their ally.)

I think to say that Barry "suffers from Asperger's" it totally wrong headed. It is his Asperger's that allows him to do what he does and see what he sees. Just because he is different we cant just label it as an affliction. I wish I was afflicted in a way that would make me so super human

I didn’t get any help at all from any financial institutions let alone any institution. I lost my job, my savings, my health, my home and other necessities. No one was there for my family. Hell of a struggle and I wasn’t alone.

Interesting to see how things were predicted and how things actually turned out

Working with a financial advisor who has worked in a solid financial firm for a long time, such as John Desmond Heppolette, will actually set you up for success in life. I'm delighted I was able to reach out to him earlier this year because while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone, which is why it's always good to join the correct community.

This was in 2010… today in 2023 the greed of these corporate leeches has reached a new level that those CEO and c suites Execs would be ashamed of…

This is one of the best interviews ive ever seen 👍

Seriously, excellent interview!

I am a disabled veteran. I had no investments back in 2020, I have no investments now. My income is through my va pension only. That being said, watching these interviews back, and seeing the inflation and interest rates rise as they have now, its easy to see what happens when the Federal Banks have "infinite money" to push into the system and now to see the repercussions. Sad thing is they new this would happen but really had no choice to keep the economy alive back in 2020-