Timothy Geithner on the Great Recession

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  • เผยแพร่เมื่อ 15 พ.ค. 2024
  • The former Treasury Secretary talks about avoiding a second Great Depression and the relationship of government and finance.
    1 Five times worse than the Great Depression [0:00]
    2 Why no one went to jail [4:01]
    3 Why Washington abandoned the unemployed [8:21]
    4 Extreme, adolescent political theater[10:47]
    5 Does Washington work better for the rich? [13:13]
    6 Frustration on housing [18:11]
    7 Cramdown [23:40]
    8 Will Dodd-Frank prevent another crisis [27:39]?
    9 Dinesh D'Souza is a dick [30:32]
    10 Why Geithner's father voted for Romney [31:41]
    11 Tim Geithner cannot have it all [32:32]
    12 Why Geithner went to private equity [36:29]
    13 A long, slow climb out [40:59]
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ความคิดเห็น • 71

  • @Bmayo27
    @Bmayo27 9 ปีที่แล้ว +42

    After reading Stress Test and watching countless interviews, I know this much; I'd hire Tim Geithner in a heartbeat!

    • @jayyyzeee6409
      @jayyyzeee6409 7 ปีที่แล้ว +2

      Hire him for what? Embezzlement?

    • @davidblack9071
      @davidblack9071 7 ปีที่แล้ว +2

      There are some murderers who can handle stress incredibly well.

    • @madad0406
      @madad0406 6 ปีที่แล้ว +1

      I'm reading it now - it's quite good!

  • @MichaelFrazierTube
    @MichaelFrazierTube 8 ปีที่แล้ว +24

    Thank you for the long-form conversation post. I know it's not socimedia friendly, but it really goes a long way toward education your viewership, like me. PLUS it's great to see the talent of you interviewers in full profile!

  • @williampryor9742
    @williampryor9742 7 ปีที่แล้ว +54

    From the comments it looks like a lot of you didn't even understand what Giethner's job was.

  • @mrbson
    @mrbson 10 ปีที่แล้ว +40

    This interview in comparison with the one on the daily show was miles and miles better. I really appreciate the high level of journalism here to get facts rather than to just promote its initial opinions.

  • @hnam1111
    @hnam1111 7 ปีที่แล้ว +38

    Wow even after this extensive interview people don't realize how the government was essential in preventing another great depression.

    • @user-yq4yp7hz3z
      @user-yq4yp7hz3z 2 ปีที่แล้ว +1

      Government was not essential, the little guy was essential, the tax paying hard working everyday person.

  • @krim7
    @krim7 7 ปีที่แล้ว +6

    Great interview. Thank you!

  • @MassEffectFan113
    @MassEffectFan113 ปีที่แล้ว

    I don't know why, but I like the way Tim speaks. Just something about the tempo and where he knows to pause before continuing.

  • @pedroramirez291
    @pedroramirez291 6 ปีที่แล้ว +2

    Great interview! I hope that you keep doing this kind of stuff regarding of the amount of views you get. People nowadays want 5 minute-long videos to get their news or to be informed...

  • @aecoulson
    @aecoulson 10 ปีที่แล้ว +16

    Stellar introduction! Geithner saved us from abyss.

  • @Juan-ws9sy
    @Juan-ws9sy 7 ปีที่แล้ว +1

    Fantastic interview by a fantastic interviewer

  • @terriej123
    @terriej123 6 ปีที่แล้ว

    Wow. Excellent interview. Ezra Klein did an incredible job. He asked every question I had and Mr. Geithner’s responses were quite telling.

  • @fgop518
    @fgop518 3 ปีที่แล้ว +4

    Geithner is a very modest person and did a great job during the crisis. He did all he can do to save us economy. Good luck to him I. The future.

  • @oscarcastanedamunoz
    @oscarcastanedamunoz 7 ปีที่แล้ว +10

    why isn't this viral?

    • @connorward7764
      @connorward7764 7 ปีที่แล้ว +5

      ocast evo because its not 3 minutes long.

    • @dankom1310
      @dankom1310 7 ปีที่แล้ว

      What happened is complicated.... very complicated... you can't do it in 3 minutes. The EU's sentiment continues to grow in regretting not following Obama's path..thanks to the Brits, they made a huge mistake. But it has taken them 8 years to understand it. Americans will eventually understand too.

  • @nichutton2839
    @nichutton2839 10 ปีที่แล้ว +2

    Great interview! Get one with Both Tim G and Ben Bernanke

  • @luism.bogaert3585
    @luism.bogaert3585 ปีที่แล้ว

    Great guy !!!!

  • @AndrewPalmerJazz
    @AndrewPalmerJazz 10 ปีที่แล้ว +1

    Agree with others. I'm not a big fan of Ezra Klein (or his socks), but I see he's maturing faster than Jon Stewart is :) He asked sincere questions and respected that Geithner knows things that he doesn't. Good conversation that got into some areas other interviews didn't.

  • @Kennypeagler
    @Kennypeagler 8 ปีที่แล้ว +12

    What's up with the background coughing?! Smh

    • @jacobs-h398
      @jacobs-h398 8 ปีที่แล้ว +1

      +K Peagler God damn, after i read your comment I could not, not hear it.

  • @jamesbyrne9312
    @jamesbyrne9312 ปีที่แล้ว

    I read his book. In the microcosm of 08 he was right, in the long run he was wrong, because he enabled a huge bubble that we are in now. If you try to manipulate the debt cycle you cause long term problems.

  • @erandro
    @erandro 6 ปีที่แล้ว

    Why there is so much background noise in this video?!?

  • @jacobs-h398
    @jacobs-h398 8 ปีที่แล้ว +10

    I gotta say Tim G was one of many individuals responsible for the financial crisis, but god damn does he instill confidence and a sense of solidarity in his speech and body language.

    • @doc7000
      @doc7000 8 ปีที่แล้ว +1

      +Jacob S-H You have to be careful, now days they get coached about body languages and tone of voice. Not to mention that in his position it is something that you probably learn early on. In other words if you trust their body language and tone then you might be taken for a ride. It reminds me of Alan Greenspan who stated in his testimony that his big flaw came down to him not knowing that investment bankers were greedy.......

  • @fernchanjan733
    @fernchanjan733 3 ปีที่แล้ว +1

    The intro bells and noises were so annoying.

  • @illuminatelcb
    @illuminatelcb ปีที่แล้ว

    He did an incredible job preserving wealth for a few, I'm just jealous I was not one of the few. I was the clueless being led by the skill-less

  • @IsaacDavis69
    @IsaacDavis69 10 ปีที่แล้ว

    for a fun drinking game rewatch this and take a shot every time Geithner says "in that context."

    • @mrewers
      @mrewers 10 ปีที่แล้ว

      Or "that piece," "very creative," and "the right incentives."

  • @williamwedmedyk3927
    @williamwedmedyk3927 8 ปีที่แล้ว +1

    Anyone know the type of shoes the interviewer is wearing?

    • @alvinmwangi
      @alvinmwangi 8 ปีที่แล้ว

      +William Wedmedyk they're some kind of brogues...not sure which brand but they're quite a few that would look similar

    • @williamwedmedyk3927
      @williamwedmedyk3927 8 ปีที่แล้ว

      thx!!

  • @naeaf
    @naeaf ปีที่แล้ว

    I am curious to know how they feel now, because the genesis of this recession is in the previous one.

  • @TheZhulinken
    @TheZhulinken 6 ปีที่แล้ว +2

    We basically encouraged the financial institutes' reckless behaviors by offering artificially-created, cheap, unconditional liquidity so that all will happen again in the near future.

    • @TheZhulinken
      @TheZhulinken 6 ปีที่แล้ว

      Job well done, Hank Paulson and Tim Geithner! History will tell Paul Volcker is the only true guardian against humans' own greed.

    • @TheZhulinken
      @TheZhulinken 6 ปีที่แล้ว

      When the fire was extinguished, the criminals have already gotten away!

  • @AnkushNarula
    @AnkushNarula 10 ปีที่แล้ว +7

    Fan-friggin-tactic interviewing

  • @GowriSrikar
    @GowriSrikar 3 ปีที่แล้ว

    Who’s the interviewer?

  • @PacificViceroy
    @PacificViceroy 5 ปีที่แล้ว

    Its funny that the ad which is playing before this video is Elizabeth Warren's announcement of a presidential exploratory committee for the 2020 elections.

  • @paulmcgrath4825
    @paulmcgrath4825 10 ปีที่แล้ว

    The only need for evil to succeed, is for good people to remain silent.

  • @Kessoutwest
    @Kessoutwest 2 ปีที่แล้ว

    These chairs are hilariously small and awkward. I just started watching from the first Vox video and I’m going to binge all 1,100 over the next 6 months… sincerely hope they upgrade to some size-appropriate leather loungers because it’s distracting to watch the interviewee try and look comfortable here. 😂

  • @TheZhulinken
    @TheZhulinken 6 ปีที่แล้ว +1

    Printing money to prop up housing market? What is its negative impact on future generations? They would not be able to buy their own homes! Not to mention it is a huge distortion of risk and return balance! It encourages recklessness, the same thing will happen again! The secretary of treasure is nearersignted!

  • @Duncanwg7
    @Duncanwg7 8 ปีที่แล้ว

    Is he an ex mime artist?

  • @andrewhart6200
    @andrewhart6200 3 ปีที่แล้ว +1

    Remind me again...who was held accountable and what were the new rules put into place? Beuller?

  • @michaelswami
    @michaelswami ปีที่แล้ว

    Better video if you eliminate the cougher

  • @kenzong8427
    @kenzong8427 4 ปีที่แล้ว

    watch "Chomsky on Geithner", he should be in JAIL.

  • @pkamoments4798
    @pkamoments4798 6 ปีที่แล้ว

    The Department of Treasury and the Federal Reserve just threw money at banks hoping they would do the right thing. The world was like a week from economic failure...

  • @PepinsSpot
    @PepinsSpot 6 ปีที่แล้ว

    And then it came 2017 Republicans...

  • @lrg8737
    @lrg8737 5 ปีที่แล้ว +1

    Great Interview ruined by some loud faced guy who should have stayed home coughing away....

  • @waltham1957
    @waltham1957 9 ปีที่แล้ว +1

    The name of this show should be Jew To Jew Show, the Bullshit is real deep here!!!!

    • @99956563232
      @99956563232 9 ปีที่แล้ว +3

      waltham1957 Geithner is not Jewish. And Jews did some incredibly important work during the financial panic of 08-09. No bullshit.

  • @Mortison77577
    @Mortison77577 9 ปีที่แล้ว +1

    I wonder if he had plastic surgery.

  • @marcamati1209
    @marcamati1209 7 ปีที่แล้ว +4

    this guy is a liar.

  • @PacificViceroy
    @PacificViceroy 5 ปีที่แล้ว

    Its funny that the ad which is playing before this video is Elizabeth Warren's announcement of a presidential exploratory committee for the 2020 elections.