Comments by "Tony Wilson" (@tonywilson4713) on "Top Five Corporate Frauds of The Century" video.

  1. This is the 3rd of your fraud videos I have watched (along with Rogue Traders & Ponzi) and its amazing at what people ARE ALLOWED to get away with. Elizabeth Holmes technology was obviously bullshit. Her father was a VP at Enron. The flags should have been out from day 1 that it was bullshit. All of these had warning flags that they were bullshit. I saw your vid on Greensill because that is news here in Australia AND THAT had warning signs. I saw this the other day and I love your opinion on water trading. ->https://www.youtube.com/watch?v=5oyFRoxuf4g Note" The renowned guru who fathered our water trading scheme "trained at Harvard" the same place with the professor who built the Texas power system. It took me 3 goes to get through that doco because its so upsetting. I expected it to be a doco about global water issues and instead it was all about how Australia is doing a Texas Power Grid on water and then selling that scheme to the world. The farmer on that doco is a dairy farmer. Since since 1985 our population ahs grown from 15 to 25 million and we now have huge export markets to China (for baby formula) and Japan (for frozen cream & other products). So demand for dairy production has skyrocketed. Its outpaced out nations needs with the exports. Yet in 1985 we had over 22,000 dairy farmers and now have less than 9,000 dairy farmers. I am an engineer and did Economics 101 as an elective. What they taught me was that when demand goes up prices go up (basic supply-demand concepts). People have to produce more to meet the demand. Dairy farming should be one of the greatest and safest jobs in Australia and yet they're going out of business. I'm just the ass hole engineer you're the financial wiz can you explain it? Can you explain when dairy farming should be a boom industry instead its a nightmare.
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