As someone who is studying economics and finance, his explanation of the 2008 financial crisis was as good as it gets as far as a 15 second explanation goes.
because its 100% true. cant mind what bank was caught lending money to the mexican cartels but nobody was jailed just given a big fine because the 'worlds economic state couldnt take another big hit' mighta been hsbc
Well you can blame Jeremy for that. Don't get me wrong, I've always been a fan of his journalism/presenting but in any place of employment, hitting a colleague is unacceptable. The BBC had no choice, especially given his string of warnings prior to 2015. James and Richard simply decided to follow Jeremy of their own accord.
I think the day Jeremy Clarkson passes, all the flags can hang at half-mast. And the UK can observe a minute's silence. He is so entertaining. And his narrations, impeccable.
all thanks to a year headstart Mercedes had in developing their engine and the failing Toyota of Timo Glock. If it wasn't for those two stone cold facts the counter would still be a zero.
@@OnionChoppingNinja that's in a way true. Mercedes have been on top for 7 years due to that early engine development however, Hamilton has been the very best racing driver of his generation. The guy is a genius behind the wheel.
@@OnionChoppingNinja And also, many incredible drivers just didn't get the oportunity to drive the very best car unfortunatly. Not all f1 champions are truly the best but that's just the nature of the sport...
@@sirnato5218Well, the world's economies are now as bad as they were during the Great Depression, millions are without homes, transport or basic needs and our governments are doing nothing to stop it. So, that's a no.
@@MuffinologyTrainer i think i read somewhere that that was a marketing strategy on Dacia that Top Gear would just mention it so people would somehow take interest in it.
This is the great stuff, the banter, we wish could be as genuine as this on the grand tour, even though it has been planned and rehearsed it still sounds natural
I'm Mexican and love top gear + this brand of British comedy. I know how to laugh when he jokes about my people instead of get offended and cry about a JOKE
You could pass this little tidbit/ mantra for life on to the rest of the world and advise them that these three former Top Gear ⚙️ presenters are quite fond of taking the piss in precisely this fashion. My respects ✊ to you and all your fellow Mexican brethren 🙌👋
@@JUSTICEFORPEANUT The maker of the Mastretta sports car thinks it's actually fine because he knew that there was a growing interest in the car even if we forget about it now.
"I'd have gone 16 and a half" "I'd have gone 17!" (Looks right at the camera) "Are you watching??" 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 I'd genuinely love to know if that person was actually watching
@@snoboreddotcom maybe I took this wrong but it sounds like your blaming mercedes. If the other teams got their shit together they could all be competing.
"The whole world has been playing musical chairs and now the music has stopped, so whatever car or house you've got now that's it. For life" That's fairly similar to Jeremy Iron line about the financial crash in the movie "Margin Call" Maybe the musical chairs analogy was a popular phrase during the time of the great recession, as a quick and easy way to explain it.
Everyone was playing hot potato, but instead of some imaginary threat, it was a very real financial bomb that could explode at any time and when it would, it would be a global catastrophe. Except the game was so profitable nobody really wanted to quit once they started and playing along seemed better than stopping the game once it started.
We shall always remember 2008. So basically any of you peeps who are teenagers and upwards, I salute all of you.. for we have all scraped through somehow, by our sweaty finger tips, we have clinged on to the rollercoaster seats when the safety bars did not function, watching with incredulity the plummeting of many others. We have made it out of the freaking tunnel!
MS They were late for the show, and James said to Jezza, "Just throw on one of my shirts and lets go!" Jeremy then went in to James' closer and grab the first thing he could find.
£16k for a 4 year old Mercedes CL600...... Seriousl.!?? Dude must be desperately gullible to sell for that, you could part the car out for more than that! lol
Sure but also the UK and Ireland have the problem that they have to sell their cars in their own market. When Italy and Spain are hit, they sell their cars to Germany, the Netherlands or Sweden (if they want them). With the steering wheel on the wrong side there is no other market close by to sell it to (if you ignore a few small islands).
The CL is one of the fastest depreciating cars in the UK market. They were usually bought by people like investment bankers making 6-7 figures a year who got a new car every 3-4 years and just sold the old one for whatever they could get, but the second hand market for a two door, 2 ton MB that does 15mpg and costs 2500£ to service is very small.
@@BigUriel I can understand the whole running costs thing limiting the number of potential buyers but that applies equally to any Porsche, Aston, Ferrari, Maserati etc. and yet you don't see them on the used market for 1/5 of their new price after a few years.... Likewise the S-Class on which the CL is based, ok it does depreciate, but not like that!
"The whole world has been playing musical chairs and now the music has stopped, so whatever car or house you've got now that's it. For life" Ha, haha, AHAHAHA! 🤣 Its 100% accurate though 😐
He is a car baby. He can win 50 "world championships" and he will sitll be regarded as a car baby. : D Sorry boy (not sorry) but nobody rates poois shamilton.
@@herpderp3131 If you don’t rate lewis as a driver you know absolutely nothing about F1. Yes, the car helps, but even then as a driver he is immensely talented, and nobody on the grid will ever top him. Second in his rookie season, and WDC in his second season. Most wins, most poles, most podiums, and most likely most WDC’s ever. As a person yes he’s annoying, but as a driver if you don’t rate him you don’t know enough about F1 sorry
Pvzpvp - Until it happens again. We have what's called a 'boom/bust cycle'. About every 15 years we have another recession, it's just that it may only affect one country (the 90's one was only really a Japanese issue). But considering property prices are going through the roof everywhere and both Obama and Trump have removed regulations (hence we're on the boom bit now) it's only a matter of time.
Thing people don't get about depreciation is that it's meaningless if you don't ever want to sell. Why would you buy an expensive car and then sell it 1-5 years later?
Because there are people who don't keep cars for long. Just like phones and laptops, it's common to see people change cars every three to five years, eventhough the financing is still not finished yet.
because they want the latest model or fancy new thing. And most people who buy these kinds of cars don't really worry about depreciation and second hand price.
As someone who is studying economics and finance, his explanation of the 2008 financial crisis was as good as it gets as far as a 15 second explanation goes.
because its 100% true. cant mind what bank was caught lending money to the mexican cartels but nobody was jailed just given a big fine because the 'worlds economic state couldnt take another big hit' mighta been hsbc
It leaves out an extensive amount, but not terrible for 15 seconds
@@krismine99 i like how u get the highlighted reply. considering how shit it is. he couldnt of done better for 15 seconds
As someone who lived in Southern California at the time and sold our house to the Mexicans referenced, he's spot on.
@@MFBeta it only said 'highlighted reply' for you because you clicked on the notification to find it
The day BBC got rid of these guys was the death of top gear ... FACT!
Well you can blame Jeremy for that. Don't get me wrong, I've always been a fan of his journalism/presenting but in any place of employment, hitting a colleague is unacceptable. The BBC had no choice, especially given his string of warnings prior to 2015. James and Richard simply decided to follow Jeremy of their own accord.
I mean it's not dead yet. It's still limping along.
The new post-Clarkson Top Gear:
"I've got a slug."
"Does it talk?"
"Not really, no."
"Well, it's scarcely a replacement then!"
Well no need to pay a TV licence anymore
EJ Tech Top Gear is still going on in the same way that the Nationalist government in Taiwan is still the government of all of China.
"_Are you wearing that for a bet?"
"_Yes."
Best part.
Jeremy got a nice shirt.Nice and shiny.A bit old person style (with those feminine flowers) for him,but nice.
Anyhow,"Could be worse ..." =)))
Bed
@@mirzaahmed6589 bet
Bit*
I'd say it's from the back of the cow...
I think the day Jeremy Clarkson passes, all the flags can hang at half-mast. And the UK can observe a minute's silence. He is so entertaining. And his narrations, impeccable.
Not only in the UK.
Not in the UK but in Mexico
It will be one of the saddest day.
Thats because the only way they'll get a full minute of silence is when Clarkson is gone
Nah. Can't celebrate someone as horrible as him.
"Back of a cow, thats not milk" haha best line ever!
Daniel Sadjadian i
it's milk, actually, that milk have more protein.
Ali Reza errr cows are female
😂 a steer is a male cow who sergically lost his bits.
Lol how many dislikes must this comment have to have almost 2k likes, but still be below a comment with 230 likes XD
Jeremy's "Oh No, Anyway" vs James's "Oh, now"
I was about to say that
4:40 The guy at the bottom right looked so concerned when he heard ‘bad news’
That face drop
Well he had good reason. Imagine the thought Dacia wouldn't be launching the sandero in the UK. Thank God we don't live in that alternate reality.
And now Lewis Hamilton is a 7 time world champion.
all thanks to a year headstart Mercedes had in developing their engine and the failing Toyota of Timo Glock.
If it wasn't for those two stone cold facts the counter would still be a zero.
@@OnionChoppingNinja that's in a way true. Mercedes have been on top for 7 years due to that early engine development however, Hamilton has been the very best racing driver of his generation. The guy is a genius behind the wheel.
And he’s also a massive twat
@@versacepythonz243 Well... a typical modern day pseudo moralistic? Yes. An overall twat? Doesn't really seem like it to be honest.
@@OnionChoppingNinja And also, many incredible drivers just didn't get the oportunity to drive the very best car unfortunatly. Not all f1 champions are truly the best but that's just the nature of the sport...
World financial crisis = Dacia Sandero is not coming to the UK 😂😂😂
Ha! It did come. BTW, I drive a 2009 one. #FML
@@DashCamSerbia yeahj not in 2008 though
Does that mean he’s not coming on then?
@@sirnato5218Well, the world's economies are now as bad as they were during the Great Depression, millions are without homes, transport or basic needs and our governments are doing nothing to stop it. So, that's a no.
These 3 should host every show ever
True, I re-watched every single of their episode and binged it like a sitcom. And now I wanna start again
Clarkson's shirt looks familiar, from the Vietnam Special I guess?
Might be a new one because that one's not covered in blood, rips and tears from his little accident.
similar, not the same. the one from vietnam got ruined when he fell off his vespa
Yeah, only the pants that ruin in the accident
Clarkson raided Elton John's closet.. that should explain everything
@@TheMinipily wait he got into an accident in that episode? What happened, I am completely beyond blank at this point?
"James bad news the dacia sandero"
"The what?"
"The dacia sandero is not coming to the UK"
"Ohh...now british cars..."
Lol hahaha
They always bashed on Dacia, the "Oh no... Anyway" meme was made from Top Gear bashing Dacia.
@@MuffinologyTrainer i think i read somewhere that that was a marketing strategy on Dacia that Top Gear would just mention it so people would somehow take interest in it.
@@Treatyee I believe you I was interested in it and they don't even sell in america
@@FerrariTeddy the marketing strategy is a stroke of genius.
i have one and its great car
This is the great stuff, the banter, we wish could be as genuine as this on the grand tour, even though it has been planned and rehearsed it still sounds natural
They once won an Emmy for best non-scripted entertainment. Planned? Yes. Scripted? No.
I'm enjoying their Grand Tour banter. Later part of season 1 onwards they settle into it well
I think GT is pretty good
gotta be
it's TG but backwards
2:47
James: “Has anyone here got a vanquish?”
Jeremy: “Here? No cause they’re here James
Underrated joke
It is the truth, it hurts though
What does it mean.
@@lyndondsouza7470 the Aston Martin vanquish was very unreliable with its gearbox
@@eamonreidy9534Neither host own a Vanquish.
No top gear like the old top gear
R33C3 The seventies' one?
If you think that's old top gear, you don't know the really old top gear then.
I think you mean there's no Top Gear like Top Gear V2.0.
At least we can still watch it on Dave .
If you think that's not old top gear it's time to start lookin for a place in a graveyard
I'm Mexican and love top gear + this brand of British comedy. I know how to laugh when he jokes about my people instead of get offended and cry about a JOKE
3a ha you’re Mexican that means you’re from Mexico and that makes you Mexican which translates to being from Mexico LOL
@@vissantana460 Haha
@3a Did you heard about the joking remark that bannana's are fertilized with fat mexican's poo : ) ?
You could pass this little tidbit/ mantra for life on to the rest of the world and advise them that these three former Top Gear ⚙️ presenters are quite fond of taking the piss in precisely this fashion. My respects ✊ to you and all your fellow Mexican brethren 🙌👋
@@JUSTICEFORPEANUT The maker of the Mastretta sports car thinks it's actually fine because he knew that there was a growing interest in the car even if we forget about it now.
Oh the hell with this crisis delaying the Dacia Sandero!
Anyway...
£17000 for a Phaeton? Sold.
I've seen high mileage ones 100k miles, 6.0 W12 for £7k
I wanted to buy one 5 years ago for $6000 with only 88,000 miles on it.
Awesome thing here... big engines and low horsepower make the perfect match for an engine that may do 500.000 with only minor problems
V6 diesels seem to be about 4k these days and you have the benefit of 30 odd mpg
I didn't know those came out with v10s, i thought it was only with the w12
Bro I forgot how fucking crazy the financial crisis was. The depreciation on that vanquish is mind blowing
11 years and this is still funny.
I so agree, they are and will always be the best
well... I should tell *13 years* & it's still funny as hell! 🤷🏻♂️
Laughs in *COVID, inflation, total return swaps and banks bankruptcies* 😂😂😂
You know it's funny when Clarkson turns over his shoulder to laugh with the audience 😂
GOOD NEWS!!! The Dacia Sandero actually DID come to the UK.
Nice! Now, the Toyota Urban Cruiser....
and now the sandero was he top selling car in europe for july 2021
"I'd have gone 16 and a half"
"I'd have gone 17!"
(Looks right at the camera) "Are you watching??"
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
I'd genuinely love to know if that person was actually watching
1:40 "I was having dinner the other night with a MAN"
I don't get the reasoning for his emphasis of that word :)
Lesser Whovian it’s just a ‘clarksonism’
not to piss off his wife
He would rather do a gay joke instead of probably offends his wife
It was probably David Cameron. They were next-door neighbours back then...
Lesser Whovian they are sometimed joking that May is gay so theres that continuus joke
during the financial crisis I brought a fully flying aircraft that I flew, for $2,000 CAD
George Holt Canadian Dollar? You mean monopoly money?
What was it piper Cherokee? C150? I can’t imagine getting anything cheaper than them (35,000) so what did you get for 2,000?
Roger Dodger
That’s assuming you’ll keep your money in such a crisis
Ray Wellington at least our money can buy JDM cars before they’re 25 fucking years old
@@roddydykes7053 and our money can buy them brand new, in japan, shove them on a boat and register them here no problem at all :D
TH-cam recommendations and financial crises go hand in hand…
2019... Lewis Hamilton... World Champion... again? YAWN!!!!
Why? He deserves it
@@tomventers deserves it but yawn is fair, was a very boring championship fight this year (though some races have been great)
@@snoboreddotcom maybe I took this wrong but it sounds like your blaming mercedes. If the other teams got their shit together they could all be competing.
Ratel.H Badger 6 times 💪 heh
Nic Lazzari well not Williams
There going backwards for the pity points
"The whole world has been playing musical chairs and now the music has stopped, so whatever car or house you've got now that's it. For life"
That's fairly similar to Jeremy Iron line about the financial crash in the movie "Margin Call"
Maybe the musical chairs analogy was a popular phrase during the time of the great recession, as a quick and easy way to explain it.
Exactly the same thought! I just watched margin call and came to this video to comment this 😂
Everyone was playing hot potato, but instead of some imaginary threat, it was a very real financial bomb that could explode at any time and when it would, it would be a global catastrophe.
Except the game was so profitable nobody really wanted to quit once they started and playing along seemed better than stopping the game once it started.
grasp a baked potato fresh out of the oven and tell me it's imagined @@PeterJavi
1:40
That sentence goes well with that shirt. I am amazed James didn't point it out 🤣
"You wearing that for a bet?"
"Yeah... anyway"
Fantastic
holy crap Clarkson hit the nail on the head... What ever car you have now you're stuck with.. YUP!
This is from 2008. Not sure if it still applies now.
Used still exists, and if you get a good one you really don't need another.
It does
I still own it 👍🏻
@@D8W2P4 used car prices have gone through the roof
We shall always remember 2008. So basically any of you peeps who are teenagers and upwards, I salute all of you.. for we have all scraped through somehow, by our sweaty finger tips, we have clinged on to the rollercoaster seats when the safety bars did not function, watching with incredulity the plummeting of many others. We have made it out of the freaking tunnel!
welcome back, torys are doing what they do best: taking everyone's money
Why is Jeremy wearing James shirt?
MS They were late for the show, and James said to Jezza, "Just throw on one of my shirts and lets go!" Jeremy then went in to James' closer and grab the first thing he could find.
The day BBC got rid of these guys was the death of top gear ... FACT!
On a BET . Remember.......................................?
I think that was the shirt he got in Vietnam.
we could really do with clarkson explaining the current recession
If you look at todays prices, you really got locked with whatever you had
2:41 - 2:47 Fair play to him, he took it in decent grace.
“That’s not milk 🥛 ,” 🤣🤣🤣
“I was having dinner the other night WITH A MAN…”
Gotta love his openness
"With extras... 50"
"Uhhh 55...."
"16..."
"60?"
"16"
"SIXTEEN!!!???"
V12 Mercedes, even for the AMG version, always depreciate a lot. Same with AMG SL.
£16k for a 4 year old Mercedes CL600...... Seriousl.!?? Dude must be desperately gullible to sell for that, you could part the car out for more than that! lol
Sure but also the UK and Ireland have the problem that they have to sell their cars in their own market. When Italy and Spain are hit, they sell their cars to Germany, the Netherlands or Sweden (if they want them). With the steering wheel on the wrong side there is no other market close by to sell it to (if you ignore a few small islands).
The CL is one of the fastest depreciating cars in the UK market. They were usually bought by people like investment bankers making 6-7 figures a year who got a new car every 3-4 years and just sold the old one for whatever they could get, but the second hand market for a two door, 2 ton MB that does 15mpg and costs 2500£ to service is very small.
They're about £9k now for a really low mileage one
@@BigUriel I can understand the whole running costs thing limiting the number of potential buyers but that applies equally to any Porsche, Aston, Ferrari, Maserati etc. and yet you don't see them on the used market for 1/5 of their new price after a few years.... Likewise the S-Class on which the CL is based, ok it does depreciate, but not like that!
@@BB-kw5bz our steering wheel isn't on the wrong side but Europe's is.
Wow these guys were on it. Incredibly clever humor.
Oh damn I didn't even know we have James May version of "Oh no! Anyway..."
These three are good.
Greetings from Complexwordcountry!
🇩🇪🇩🇪🇩🇪🇩🇪👍🤣🤣🤣
There's so much gold packed into this five minute clip
“Awwwww”....”Now-British cars” lol so funny
Clarkson was right: Hammond is quickwitted af
Nothing will ever beat this show
4:38 thats been pretty damn accurate for a lot of people
Loved Top Gear and Grand Tour and these 3 are the best ever
These 3 were the best
0:34 well this didnt age well
Except it did
Back to the times where see Hamilton win wasn't boring.
“I was having dinner the other night WITH A MAN!” Hahaha
"When they were good, they were very good"...!
Love the Vanquish. I dont care about depriciation
One can never hate an extra dacia sandero moment
Aw the Dacia Sandero part
Would love if he did a 2023 financial crisis review, lockdown anarchy was bad but it got worse since
I keep forgetting this happened in 2008 and not 2014, since they mentioned Lewis Hamilton becoming world champion
This video is uploaded 11 years ago, and i enjoy it like its made to day.
Plot twist. The Dacia Sandero DID come to the UK.
Did Clarkson just called the audience poor? "No cause they are here James"
Might be because of the reliability issues with the old vanquish
Car breaks all the time
That was a reference to the old MK1 Vanquish being horrifically unreliable.
gotta get a round 2 for this
Uhmm, oh no. It's the Clarkson!
May not giving a damn about the Dacia Sandero not coming to the U.K. is priceless 😂
Favorite news bit they ever did
Hey! I'm a Mexican in Southern California! They're taking about me! Yaaaaaaay!!!!
In 200 years, this will be regarded as a primary historical source. Think about that.
James May and the Dacia Sandero are a match made in heaven!
Love the "Aaaaw!" by the audience!
" You wearing that for a Bet? " . " Yeah " . No hesitation whatsoever . Hahahaha . These boys WHERE Funny .
Good news chaps, there's a new Dacia.
"Mexicans in southern California" lmao
Crazy to me I was watching TH-cam at 15 in 2005 and this videos 15 years old.
Time goes so fast
Glad you kept the Dacia Sandero bit at the end 😂
Remember when we thought the recession was big in 2008, and now we have 15% collapse (at least)
A year later the economy is better than ever
@@espen4330 you could say that again
@@onuraslanfb07 Fair but it happened because of an energy crisis and with a huge european war on top.
@@espen4330 And not because of printing shit ton of money?
"The whole world has been playing musical chairs and now the music has stopped, so whatever car or house you've got now that's it. For life"
Ha, haha, AHAHAHA! 🤣
Its 100% accurate though 😐
Did Steven Seagal give his shirt to Clarkson?
“Lewis Hamilton, now world champion”
Fast forward 12 years he’s on his way to the seventh and equalling Schumacher
You know he's one of the best ever when people won't stop whinging about him being better than everybody else and making it boring to watch
Verstappen CLEAR.
He is a car baby. He can win 50 "world championships" and he will sitll be regarded as a car baby. : D
Sorry boy (not sorry) but nobody rates poois shamilton.
@@herpderp3131 If you don’t rate lewis as a driver you know absolutely nothing about F1. Yes, the car helps, but even then as a driver he is immensely talented, and nobody on the grid will ever top him. Second in his rookie season, and WDC in his second season. Most wins, most poles, most podiums, and most likely most WDC’s ever. As a person yes he’s annoying, but as a driver if you don’t rate him you don’t know enough about F1 sorry
Whose here when the UK is in another recession ???
I had an E39 528i when this aired, purchased in 2008. 9 years old, £3k. 15 years later they are still £3k.
That’s not *M I L C C*
Ah yes the legendary dacia sandero
this is were lewis hamilton got his fashion sense from
The governments keep creating financial crises, over and over.
1:41 With a *MYAHN*
Believe it or not those guys are real close on the subject. The planet has taken a royal shit and no one knows or even cares how to fix the problem.
Pvzpvp - Until it happens again. We have what's called a 'boom/bust cycle'. About every 15 years we have another recession, it's just that it may only affect one country (the 90's one was only really a Japanese issue). But considering property prices are going through the roof everywhere and both Obama and Trump have removed regulations (hence we're on the boom bit now) it's only a matter of time.
Thing people don't get about depreciation is that it's meaningless if you don't ever want to sell. Why would you buy an expensive car and then sell it 1-5 years later?
Because there are people who don't keep cars for long. Just like phones and laptops, it's common to see people change cars every three to five years, eventhough the financing is still not finished yet.
because they want the latest model or fancy new thing. And most people who buy these kinds of cars don't really worry about depreciation and second hand price.
12 years later a cl 600 in a good market for sellers is 11k
That girl behind Clarkson looks great...
My favorite boomers
Add Ricky Gervais and Gordon Ramsay into it.
Richard Hammond isn't strictly a Boomer.
"The back of it? That's not milk" 😂
Those prices sounded too good to be true!
God I miss this
Soon this will be relevant again
Jeremy Irons' line from Margin Call @ 4:31
Jeremy Eddie Jordan wants his shirt back
Lewis Hamilton, world champion. Yeah that aged well.
We get James's version of oh no anyway
With a relatively same context
And now it's fucking happening again
World's best factual car show. Also very popular & fun.
Entertainment ≠ factual. They can put some facts in it, but it's always going to be entertainment first.
Are you watching? 😃