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Although the connection between the stock market and the general economy is not as close as it used to be, we are overdue for a recession and so the recent stock market upheaval is a sign of economic danger, says Professor Richard Wolff.
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With all of this being said… They have a chance to unwind the dollar as the world currency and after the dust settles a new world currency comes into being as well as a restructuring of the global business model. To suit the survivors and Kings of the collapse.BNL "Buy N Large"……..
Market Churn = Profit Taking.
Volatility= $$$
The FED has been injecting billions of dollars into the repo market since Septimber. 700+ billion. In newly created money: fairy dust. Because the neo-lib economy is a failure.
Scared to look at my 401k
The only leader who addresses exactly this is Bernie. all the idiots listening to the DNC and MSM are supporting the very group of people who are protecting this horrible standard of govt…shame on biden voters!!
Capitalism needs to be bailed out by socialism
I hope that you can get a "Capitalist" to explain "Marxism" for us. That should prove equally entertaining😂
Imagine a species taught to be more concerned with speculative gambling digitalized on a screen that produces nothing tangible for society amidst a first order priority world pandemic. We don't have to imagine do we…that's the scary part. Untethering life quality from a job would be an intelligent maneuver but…
Very good video, top government officials should listen to it.
Wish I had stocks in Richard Wolff, he's everywhere now that people are willing to listen and learn.
PROF. WOLFF.THE US VOTERS ON TUES 3/9 GAVE SOCIALISM THE DEATH KNELL AND VOTED BERNIE OUT. HE MAY STILL HANG ON BUT BY A THREAD .SOON HE WILL HAVE TO ADMIT AND CAPITULATE. SOCIALISM DIES WITH BERNIE NEVER TO BE HEARD FROM AGAIN IN THE US. TYPICAL OF A REGIME THAT IS FAILING THE US WILL INSTEAD TURN VERY RIGHT AND AGAINST SOCIALISM. AND WHEN YOU HAVE MEDIA THAT WAS ONCE A BASTION OF PROGRESSIVE IDEOLOGY IS NOW A NEOCON FOX TYPE MEDIA DISPARAGING PROGRESSIVENESS AND AGGRANDIZING NEOCON WARMONGERS ,WE ARE DEAD IN THE WATER. SAY THE BENEDICTION!!!
amazing!
In London the elites that are gentrified my community look stressed as they have a lot to lose
id say this pattern has been normal for the last few years, either its because theres no more middle class only lower upper class and poor. more concentrated wealth.
i wonder how many american business's putin will be purchasing and getting shares in to have a legal right to participate in american politics but im pretty sure they've been doing that for years now.
Richard "Glad to be here" Wolff.
You are Super chingon Mr Wolff.
Prof. Wolff and the Real News network together Yes
Prevent losses in the stock market ! just stay broke… :-/
Yanis Varoufakis' book "Adults in the Room" is an excellent read on the global financial crisis, and what happened in Greece. Alway great to get Professor Wolff's insights!!!
Wolff – Mr. Coop-Man, prime class collaborationist and pseudo-Marxist. Ha!