Comments by "c. j. macq" (@cjmacq-vg8um) on "The End of Cheap Money and Cheap Loans (w/ Richard Wolff)" video.

yep, right now the world's economy is experiencing HYPER-inflation, thanks to exploding property values, and depression level personal finances thanks to stagnant wages, hyper-inflation and debt. yet the mainstream or the alt-media or the professors or so-called economists NEVER mention this reality. a lot of americans experience the ravages of debt without actually being in debt because many products and services are priced to REQUIRE debt for purchase. but we're too poor to qualify for the debt. so we do without. in this way debt is effecting our daily lives without even going into debt ourselves. right now the world's economy is based upon the american model of neo-liberal capitalism - wage slavery and debt slavery is forced upon us just for our day-to-day survival.
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@thefarmersdaughter8235 ... you're talking about the 2007-08 financial collapse which began under Reagan's neo-liberal policies, was exacerbated when b. Clinton revoked the glass-steagall act with GOP urging and was intensified under 8 years of bush's insane economic policies which Obama inherited. Obama's efforts to counteract that crisis was just more neo-liberal insanity. now you know. so you can stop with your GOP initiated inaccurate assumptions and accusations.
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@sean d. … I just read your comment and think its fantastic! the reality is the lower classes AREN'T the bottom of society. I like to use the phrase - we're being ruled from the gutter. its the elite who are the dregs of society; the parasites flourishing off of the misery of others. but we must NEVER STOP fighting! we must remain vigilant and determined to correct this insanity of continuing to allow society to be ruled by the WORST, the most corrupt, underhanded and unethical, society has to offer!
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@lynnwood7205 … you're so right. but the 2 parties haven't always been so linked as they are now. 2 factors contributed to this. one was the courts. as they more and more upheld the acts of legalized bribery through the last 50 years allowing more and more corporate money to flow into our political process the dems have sought and been bought by more corporate contributions to fund their campaigns and their party. factor 2 was Reagan's theft of the Whitehouse. he implemented a right-wing scheme called "the 2 santa clause theory" that was published a few before. raising the national debt while the GOP was in power and then drawing attention to the enormous national debt while the dems were office - helped pushed the democratic party to the right of center. so, in large part, thanks to these two factors we now have 2 major conservative political parties in the U. S. one slightly less conservative than the other and BOTH fanatically elitist, pro-military and pro-corporate.
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@thefarmersdaughter8235 ... Obama didn't start anything. but his "solutions" to problems that existed long before he came on the scene had little effect. as usual. Reagan in fact started all this neo-liberal insanity as a fanatically pursued policy. and each president since then only built upon Reagan's insanity. and trump is pursuing Reagan's policies in steroids. he's making things FAR worse than anyone before him since Reagan.
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