@pcuimac - Great suggestion, but too late for this video. Maybe the organization will learn for the next time they do this. If they intended to use only one camera, the came should have been on the slides, not on Blythe. I don't think his ego would have taken too big a hit if they had done that. Rather than being informative, it actually became more of a distraction when the camera bounced from Blythe to the slides and back toward the end of this video segment. Still, they are making the video available publicly, rather than locking it behind a paywall, so we should be thankful to them for that.
a tip for next time, better audio (which you've acknowledged) and a second screen showing the presentation slides. Other than that another great lecture from Blythe, thanks for uploading. He really does talk so much sense.
Someone else shared a link to another of Blythe's presentations in which he used most of the same slides. The thread for that video included a link to the slide set. Here is the link to the video: th-cam.com/video/qY2pv3Bt_jM/w-d-xo.html Here is the link to the slides, although this slide deck includes the slides of two other presenters that were on the same program: gem.cid.harvard.edu/files/gem2016/files/hall_blyth_berglof_gem17.pdf
If you're only hearing sound from one ear go to setting on your pc, click ease of access, and search for 'Mono Audio' then enable it. It will play the left ear sound in both ears, fixing the problem. Make sure to disable it again when youre done. Or not.
It's not the lower income folks borrowing to have homes that is the problem. It is the predatory way the balloon loans were written by greedy, sadistic prices who can't be held accountable enough.
You're right... News flash - inflate house prices 7 fold while incomes remain stagnant, limit housing supply, regulations etc, allow speculation on 2 properties for every 1 homeless person, extend credit w/crazy leverages and you get a nice little bubble, waiting to pop when enough m1/2 is sucked out the economy through interest rates / transfer to a 0.001% it only ever go's one way, they try to make it sound complex, but it's really really simple, lots of money, lots of people, lots of demand - lots of inequality, most people in the world have less than £100/$100 to their name, 10 people have more wealth than 4billion people. Oh and compound interest rates - a constant flow of money from those who don't have enough, to those who have more than enough.
Glass Stiegal act was repealed by Clinton (FDR policy) 2 Prevent Banks ever being the cause of another depression. Removal of act meant banks had derivative trading opportunities from mortgages...... WAY better gov't had bailed out mortgage holders and stopped banks over gambling......
Whilst true...The hard left is just as bad. Shouty shouty Comrade something something proletariat mumble mumble communism has never been done properly fnar fnar each according to his need grrr ggrrr Marxism is not left or right..
I'd take this down and fix it. Imagine seeing this and thinking "yeah, I think I'll hire this guy to record my talk." And after a year with so many negative comments, still not taking it down to fix the audio and reupload just shows a complete lack of technical ability or pride in your work.
How about correcting the audio in post-post-production. Releasing a video WITH sound, but with not enough sound, is kinda weird. I mean, just boost the fricken audio! If I can do it for my crappy videos, surely everyone can.
i don't know why he complains about pessimism in the guardian, if his report on financial reality is right, western society is little different from louis 14 france.
The reason nobody saw the bursting of the housing bubble coming is that residential housing had not sustained a substantial price decrease in 75 yrs, that's the lifetime of all active bankers at the time. Blyth is making it sound too complicated.
Not quite in my humble view. Credit default swaps were an invention of a leverage impulse and how it was hidden in a self delusional way, collusion, gambling, ignorance and lack of oversight and regulation, is well explained in several works ,not just Thomas Piketty....Michael Lewis is an easy exciting start.
@@mrsfranczak1714 People who don't really understand the cause of the financial crisis (and that's damn near everybody) are prone to demonize the infamous CDS's, but CDS's are a zero-sum game - the losses of the losers are the winnings of the winners), with no net losses to the economy. AIG lost $billions, but Goldman-Sachs, John Paulson and Dr. Burry, MADE those same $billions. The CDO's (mortgage-backed bonds) however caused $billions of net losses to the economy when the borrowers defaulted, causing the 'great recession'!
you don't 'see' it because you don't want to. it's other people's risk, while you skim some cream off the about-to-boil-over soup. ignorance can be a factor, but greed, arrogance and simple selfishness make any 'free'market' economy a ticking bomb.
The hubris of have your account picture as you with a camera - yet the sound is only on the left channel, and you mainly film the speaker, and when you do show the slides you don't show the complicated charts for long enough. Embarrassing.
The problem may be that you're creating a false right vs. left dichotomy. The reality is, there's rational and irrational, and it doesn't have a political bias.
The worst part of all these presentations are the blowhard opening marks by people nobody cares to hear from. Just shut up and let the invited guest speak.
That's because he's speaking English, as opposed to the juvenile nasal whine which non-Americans are learning to speak and I learnt my English 20,000 kms from Blyth's Scotland. George Monbiot's commentary on the present was consistently so depressing that I stopped reading it.
Yeah, not gonna bother. If you couldn't be arsed converting the single-channel stereo into actual mono or duplicating the channel, I can't be arsed listening to it, no matter how fantastic Mark always is.
What realy caused the fanie and maei? What usa goverment policy that made the housing buble happen? Call it lending to the under previllage if like if want to avoid racial discrebtions. But that was the cause
No, that is what they want you to believe to blame the poor rather than the assholes who ran away with all our money. We got there because with preditory toxic loans designed by sociopaths that you needed a phd to understand. Sick society in decline behave that way not healthy ones. Healthy societies make available low intrest home loans with reasonable down payments to help new families grow. Not toxic loans with ballooning interest payments devised by a corporate criminal cabal.
America used to build “starter homes” and have lots of housing programs. We are an off the rails society with an exploding homeless population, run by corporations intent on preditating on America rather than growing America. It is not ghe country I grew up in. It is diseased, selfish, greedy, and dying.
The people who signed those mortgages were being used to create paper that could be sold as if it had value when it did not. The banksters went to people who did not have the money and lied to them. the victims lost what little they had, but fleecing the taxpayer was the real plan. They will do it again.
Brilliant Series...what a shockingly grand scale of insight! Blythe is a wizard!
my left ear enjoyed that
Lol
lol - I now understand
After 15 min my right ear got bored .. but loled at yours
On a mac, go to Accessibility: Audio: Play stereo audio as mono.
j. w. Also works on iPad.
Please show the slides also! Use TWO cameras and use overlays to render a video!
@pcuimac - Great suggestion, but too late for this video. Maybe the organization will learn for the next time they do this. If they intended to use only one camera, the came should have been on the slides, not on Blythe. I don't think his ego would have taken too big a hit if they had done that. Rather than being informative, it actually became more of a distraction when the camera bounced from Blythe to the slides and back toward the end of this video segment.
Still, they are making the video available publicly, rather than locking it behind a paywall, so we should be thankful to them for that.
a tip for next time, better audio (which you've acknowledged) and a second screen showing the presentation slides. Other than that another great lecture from Blythe, thanks for uploading. He really does talk so much sense.
Starts at 3:33
you da real MVP
Is there any other channel showing this series with the slides he's using?
I know I want to see the slides!!!
Someone else shared a link to another of Blythe's presentations in which he used most of the same slides. The thread for that video included a link to the slide set.
Here is the link to the video:
th-cam.com/video/qY2pv3Bt_jM/w-d-xo.html
Here is the link to the slides, although this slide deck includes the slides of two other presenters that were on the same program:
gem.cid.harvard.edu/files/gem2016/files/hall_blyth_berglof_gem17.pdf
3:31 blyth finally on.
thx g
If you're only hearing sound from one ear go to setting on your pc, click ease of access, and search for 'Mono Audio' then enable it. It will play the left ear sound in both ears, fixing the problem. Make sure to disable it again when youre done. Or not.
grrr.. keep the audio levels stable!! (but thanks for posting.)
Enable mono audio on your PC
It's not the lower income folks borrowing to have homes that is the problem. It is the predatory way the balloon loans were written by greedy, sadistic prices who can't be held accountable enough.
The problem was both.
You're right... News flash - inflate house prices 7 fold while incomes remain stagnant, limit housing supply, regulations etc, allow speculation on 2 properties for every 1 homeless person, extend credit w/crazy leverages and you get a nice little bubble, waiting to pop when enough m1/2 is sucked out the economy through interest rates / transfer to a 0.001%
it only ever go's one way, they try to make it sound complex, but it's really really simple, lots of money, lots of people, lots of demand - lots of inequality, most people in the world have less than £100/$100 to their name, 10 people have more wealth than 4billion people. Oh and compound interest rates - a constant flow of money from those who don't have enough, to those who have more than enough.
pc they could have simply let goldman sachs go bankrupt
Glass Stiegal act was repealed by Clinton (FDR policy) 2 Prevent Banks ever being the cause of another depression. Removal of act meant banks had derivative trading opportunities from mortgages...... WAY better gov't had bailed out mortgage holders and stopped banks over gambling......
Right wing gold nuts be like: it's the Rothschild's and the illuminati derrrrp."
Something something George Soros mumble mumble kids to day are snowflakes bla bla Hitler was a socialist ........
Whilst true...The hard left is just as bad. Shouty shouty Comrade something something proletariat mumble mumble communism has never been done properly fnar fnar each according to his need grrr ggrrr Marxism is not left or right..
@@mwnciboo Your argument is the left uses terminology you don't like, rather than that their analysis is wrong.
Is there a link to the slides ?
0:20 Congratulations, you just invented the word "comperative" 🤣
I'd take this down and fix it. Imagine seeing this and thinking "yeah, I think I'll hire this guy to record my talk."
And after a year with so many negative comments, still not taking it down to fix the audio and reupload just shows a complete lack of technical ability or pride in your work.
could have done with pointing camera at chart rather than his face!!
How about correcting the audio in post-post-production. Releasing a video WITH sound, but with not enough sound, is kinda weird. I mean, just boost the fricken audio! If I can do it for my crappy videos, surely everyone can.
3:30 is mark - some blatherer before that.
Agreed. "Without further ado..." there was far too fucking much ado...
Yeh, employ a sound engineer.......................please !
Enable mono audio on your PC
3:37 blab ends
3:35 is the real beginning
Why not just fix the audio and reupload?
Aitch
Why not just pretend that you are back in the 70s
Enable mono audio on your PC
thanks
i don't know why he complains about pessimism in the guardian, if his report on financial reality is right, western society is little different from louis 14 france.
Richard wolff says that exactly. It is, and it's probably all about to happen again
The reason nobody saw the bursting of the housing bubble coming is that residential housing had not sustained a substantial price decrease in 75 yrs, that's the lifetime of all active bankers at the time. Blyth is making it sound too complicated.
Not quite in my humble view. Credit default swaps were an invention of a leverage impulse and how it was hidden in a self delusional way, collusion, gambling, ignorance and lack of oversight and regulation, is well explained in several works ,not just Thomas Piketty....Michael Lewis is an easy exciting start.
@@mrsfranczak1714 People who don't really understand the cause of the financial crisis (and that's damn near everybody) are prone to demonize the infamous CDS's, but CDS's are a zero-sum game - the losses of the losers are the winnings of the winners), with no net losses to the economy. AIG lost $billions, but Goldman-Sachs, John Paulson and Dr. Burry, MADE those same $billions. The CDO's (mortgage-backed bonds) however caused $billions of net losses to the economy when the borrowers defaulted, causing the 'great recession'!
you don't 'see' it because you don't want to. it's other people's risk, while you skim some cream off the about-to-boil-over soup. ignorance can be a factor, but greed, arrogance and simple selfishness make any 'free'market' economy a ticking bomb.
starts at 3.35.
17:07 I love it
Timestamp the start of the real talk, please.
Princess Bubblee 00:03:30
00:03:30
The hubris of have your account picture as you with a camera - yet the sound is only on the left channel, and you mainly film the speaker, and when you do show the slides you don't show the complicated charts for long enough. Embarrassing.
Thanks "The Crash
10 years on 1/4".☺ What kinda sick frick is this?😁
How's your pesimism now Mark?
Uber pessimism? I call that ultra realism.
David Byrne-your fellow Scot (by birth).
Mark starts 3:33
Why are there so many incompetent tone deaf engineers out there? Only left channel working? Really?
pcuimac
The poster explains it in the expanded title section. Helps to read everything first before commenting
He's what you don't often see, a seemingly reasonable lefty .
The problem may be that you're creating a false right vs. left dichotomy. The reality is, there's rational and irrational, and it doesn't have a political bias.
The worst part of all these presentations are the blowhard opening marks by people nobody cares to hear from. Just shut up and let the invited guest speak.
The combination of Mark's accent and lack of pauses/monotony makes it impossible for me to understand 80% of the talk
I love him. So smart, Listen harder.
Ivo Atanasov Slow down the video?
... try the "subtitle" button ... it helps :)
That's because he's speaking English, as opposed to the juvenile nasal whine which non-Americans are learning to speak and I learnt my English 20,000 kms from Blyth's Scotland.
George Monbiot's commentary on the present was consistently so depressing that I stopped reading it.
Let me help you with that:
"Donkey" - Shrek
Make Lochee Great Again!
Yeah, not gonna bother. If you couldn't be arsed converting the single-channel stereo into actual mono or duplicating the channel, I can't be arsed listening to it, no matter how fantastic Mark always is.
Oh my god slow down and put a bit of air between your sentences!
Share the audio of this video with a transcription app like Otter. Then you can read it at your leisure.
Isn't he a Glaswegian Scot? Nuff said!
On TH-cam, click on the 3 dots in upper right corner; it should allow you to slow down playback speed.
@@nickjung7394 He's Dundonian,but the accent sounds as though he spent a lot of time in Glasgow or with 'west end' Glaswegians
Anglo-Saxonism, isn't that a racist perspective?
Yes I get called that on the street all the time. Not really.
Having difficulty distinguishing between a racist slur and racism in general, huh?
Historically, it always was.
I hardly think so...Anglo Saxon (ism) (I am one) was the seed bed of Capitalism as we know it today.
What realy caused the fanie and maei? What usa goverment policy that made the housing buble happen? Call it lending to the under previllage if like if want to avoid racial discrebtions. But that was the cause
No, that is what they want you to believe to blame the poor rather than the assholes who ran away with all our money.
We got there because with preditory toxic loans designed by sociopaths that you needed a phd to understand.
Sick society in decline behave that way not healthy ones. Healthy societies make available low intrest home loans with reasonable down payments to help new families grow. Not toxic loans with ballooning interest payments devised by a corporate criminal cabal.
America used to build “starter homes” and have lots of housing programs. We are an off the rails society with an exploding homeless population, run by corporations intent on preditating on America rather than growing America. It is not ghe country I grew up in. It is diseased, selfish, greedy, and dying.
The people who signed those mortgages were being used to create paper that could be sold as if it had value when it did not. The banksters went to people who did not have the money and lied to them. the victims lost what little they had, but fleecing the taxpayer was the real plan. They will do it again.