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michael
Wendover Productions
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Comments by "michael" (@michaeld4861) on "Wendover Productions" channel.
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Interesting, I was just reading about this in the book "Thinking, Fast and Slow". It goes a long way to explaining higher crime rates in poverty too. The lower people feel, the more risk they are willing to take. You are more likely to take up bank robbing or selling drugs if you can barely feed your family. When faced with two scenarios, one with a small but certain loss and one with a tiny chance for huge loss but a large chance at no change, you are more likely to take the chance the more desperate you are. Hence why only poor people go without insurance. (even if it's cause they can't afford it)
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Right. My car insurance costs more in 3 months than my car is even worth.
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Not to mention that I've never heard of a savings account that even paid 1%. at least in my lifetime, it's always been around 0.1%
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If poor, resource depending countries were able to start manufacturing instead then there would be nobody left to supply the resources. Politics keeps poor countries poor and rich countries on top. It's still colonialism, just in a more subtle way. And (as I see others point out in the comments) rich countries "brain drain" and also capital drain from poor countries and control immigration so that rich people leaving poor countries get in easily (bringing their money from the poor to the rich country) while poor people are further exploited for dirt wages because they cannot get into rich countries and do not have the money to begin manufacturing and any manufacturing that does take place contributes to the outflow of money to a rich country.
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Also the US and company waging physical and economic war on any country that tries to develop or have a difference of economic opinion surely has a great impact as well. I think Cuba is a good example of that despite whatever your political view of Cuba may be.
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Yeah... I live in the US where it's pretty clear that a "good guy with a guy" does not stop or cancel out a bad guy with a gun. You are more likely to accidentally hurt yourself than you are to actually protect yourself. You'd have to know that a threat is coming and have the gun on you at all times. Not to mention the Wild West effect where there's a shooter and then someone shoots the shooter but then someone else sees that guy shooting and shoots him and now we have a good ol' fashion shootout where nobody knows what's going on but everyone is just trying to "protect" themselves. There was a shooting like this about 2 weeks ago.
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Sure but the second amendment is like 2 sentences and includes the words "well regulated", which guns in the US are definitely not. Some basic regulations like requiring licenses for guns, basic training and either banning or upping the age for Semi-auto purchases would have a dramatic effect on the overall death toll. Not to mention the fact that we can't dictate our lives based on something written hundreds of years ago when guns were insanely inaccurate and required 5 minutes to reload a single shot and didn't work if they got wet. Can you imagine regulating the aerospace industry based on what Lincoln said? Besides we don't allow people to own ICBM's or make their own nukes even though the second amendment clearly doesn't say those things should be banned.
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@javierm.n5455 Tell that to the rich folks who want lower wages for their employees so that they can buy another mega yacht. Importing wage slaves is vastly beneficial to the ruling class.
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Why did you call Samsung and the government "venerable" at the end? Makes no sense.
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