Financialization and the World Economy

Economy | Information | History | Online | Facts | World | Global | Money

1. I can't believe this was published in 2012 and barely has had over 10K views.
2. this is the logic of the capitalist system. it not a mistake or aberration, just the logical result of an economy based on private property and profit
3. Fascinating discussion about how the financial industry has moved more toward speculation again.
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5. You misread my comments
6. What do you expect? Some kind of show with dancers, comedians and VIP's? Something entertaining so that as usual the importance of the topic gets watered down? Please, the topic is dry and it can be boring, depends on you..
7. I agree, TRNN beats 99% of political TV programming; no question about that. My criticism of it is my own
8. No shame in that. It's one of the better political shows
9. Strangely I just sat through a 90 minute Neil DeGrasse Tyson interview, and enjoyed every second. I'm afraid your presumptuous assertion on my short attention span is just that.
10. You checked my profile, so you're not exactly guessing.
11. Finance is not capitalism. They financed the Erie canal to take the market away from New Orleans. I don't agree out right that technology mandates finance. Henry Ford made the model T and paid a living wage that finance thought was absurd. He knew that his employees were also his customers. The hedge funds are playing a game of economic extinction. Yes, they really are that stupid. How else could you describe it? This has to end badly.
12. LOL, it's not going to be something voluntary-we have no choice but to downsize. That means economic growth is over. Something Peak Oilers like Richard Heinberg (sic) has been trying to get across to people for years, also Jim Kunstler with his latest book "Too Much Magic". But you know what? 99% of people are not going to do that, they will cling to their wars, cars, agribizz foods till it is just not there anymore then they will be forced to change& that is we are Nuked because of Israel first
13. This is how you know they're not sensationalizing everything and giving the news to us straight. Dry, yes. Boring? Not really. They bring a professional, old school style that we need more of these days.
14. Oh yeah, and Oil is NOT just a commodity. Say like Pork Bellies. If you take away Pork bellies the world will NOT come to halt. Again this tells me you don't understand that Oil is the economy. Oil powers everything from cars, trucks, planes & trains. Oil is absolutely nessacary for modern agri Bussiness. Oil is a must for War. So no Oil is NOT just a commodity-it is the economy and Peak Oil is the fundamental reason for the financial collapse, most folks like you haven't made the connection. 
15. Have you been watching a little too much of The Young Turks? It's ok, I have too...
16. I disagree, I think you have it backwards. Ok fix the problem the way you like-we still have expensive hard to get Oil that gets more hard to get by the day. You can have any money system you want-but money doesn't power cars, planes, factories, farms ect. It is just a symbol of value. The fundamental problem is Peak Oil. From reading your comment tells me you don't understand that. I understand that what your saying is true, but that is NOT the fundamental problem. 
17. James 5:1-8 tells the tale...
18. One of the leading factors are the idea of "mature industries". Once an industry gets so big and established it's "mature" and will naturally continue to run. Absolute crap. These industries have only continued for 2 reasons. Many are in the red but given either near zero loans from gov or banks. Artificial laws/walls/structures built to only keep them up. Worst thing is more ppl here support these things and wonder why there's no competition. Complaining/Perpetuating the establishment.
19. Most macro financial analysts these days are akin to sooth-sayers. They inductively come up with a wide range of theories, but never bother to test them against any deductive analysis. Because I noticed X, it may be a factor in Y. Well thats fantastic. b/c I noticed my mom wears an apron every time she makes a delicious cake does wearing an apron make the cake delicious? Does that tell me how to even bake a cake? They should stop their own "speculation" of maybe factors & look for causal.
20. I heard the same thing said of brown people 8 years ago. I find both comments just as ignorant and bigoted.