Comments by "gerhard7" (@gerhard7323) on "Why The Next Crash Could be More Damaging" video.

  1. The bank bailouts of 2008 marked a Damascene moment for me both politically and economically. It was socialism for the rich and capitalism for the poor I'm afraid and nothing I've seen since has changed my mind one iota.
    11
  2. Remember he doesn't make the weather, he only observes and comments on it.
    4
  3. My old car recently passed its MOT against all the odds.
    3
  4. The modern financialised economy is essentially predicated, whatever ANYONE might claim to the contrary, on the almost universally enbraced concept of 'trickle down'. Hence the state bailouts which are, at their heart, the state being in a unique position to bail itself out. Should the enduring faith in this narrative start to falter then all bets are off....
    1
  5. Ballooning Insurance payouts and increased premiums are ironically, I would argue, the result of man's economic 'success' ie increasing exploitation and expansionism NOT the dodgy narrative that is ACC.
    1