How the rich get richer - Money in the world economy | DW Documentary

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  • เผยแพร่เมื่อ 23 ธ.ค. 2024

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  • @tehjaswinkalamanimani8723
    @tehjaswinkalamanimani8723 3 ปีที่แล้ว +197

    Omg why isn't DW docs blowing up big time ? ! ? ! Its coverage of finance and environment and nearly all other issues it covers is mind blowing. It's way better than BBC. Keep up the good work !

    • @sonnyjohnson8887
      @sonnyjohnson8887 2 ปีที่แล้ว +13

      Because it does not sale ! sensationalism, conspiracy theories ,divisiveness is what catches the the algorithm

    • @JennaHasm
      @JennaHasm 6 หลายเดือนก่อน +2

      People are too busy playing videogames and watching netflix reality tv shows.

    • @brianmutuma8008
      @brianmutuma8008 3 หลายเดือนก่อน +2

      BBC is about maintaining the hegemony. DW healed and moved on. Simple as that

  • @stevenkerstreven5600
    @stevenkerstreven5600 3 ปีที่แล้ว +86

    Never underestimate people's greed.
    I'm honestly absolutely disgusted by this

  • @illegalsmirf
    @illegalsmirf 3 ปีที่แล้ว +193

    'It can't go on forever' - four years later and no end in sight ....

    • @BobTheBob647
      @BobTheBob647 3 ปีที่แล้ว +4

      Yep

    • @nayanmalig
      @nayanmalig 3 ปีที่แล้ว +14

      Monetary systems outlast human lifespans.

    • @aaarrthuur
      @aaarrthuur 3 ปีที่แล้ว +7

      4 years are nothing in forever tho 😂

    • @diegochavez679
      @diegochavez679 3 ปีที่แล้ว +4

      True they're just putting duck tape and glue to keep the money machine working at this point.

    • @FaHad-xx2ik
      @FaHad-xx2ik 3 ปีที่แล้ว +3

      History repeats its self, remember how long it took for the 2008 fall to happen😁

  • @luchalerae7687
    @luchalerae7687 ปีที่แล้ว +63

    It’s scary how accurate this video is for 5 years ago

    • @luffirton
      @luffirton 10 วันที่ผ่านมา

      It’s because in the investment banking world nothing’s has changed

  • @jonny5777
    @jonny5777 3 ปีที่แล้ว +1458

    As a teacher I have to wonder why we don’t teach basic money management in school

    • @thensaiswatchingtoo2977
      @thensaiswatchingtoo2977 3 ปีที่แล้ว +311

      Beacuse your not supposed to know that. They want to keep the people dumb

    • @Earthquake56
      @Earthquake56 3 ปีที่แล้ว +41

      What you can do is if you have a kid you teach him or put your son on a school that teaches that

    • @joeykabs1150
      @joeykabs1150 3 ปีที่แล้ว +91

      @@Earthquake56 that’s facts bro fucking school and bullshit system will all pay for making us waste 18 to 22 years of our live learning nothing smh

    • @tayfora
      @tayfora 3 ปีที่แล้ว +4

      If you did that jonny5777, they will set you up for pedophile, sack you and put you in jail. Read what happened to Ezra Pond, the most celebrated American poet.

    • @WoodChoppa911
      @WoodChoppa911 3 ปีที่แล้ว +27

      I've seen a school teaching kids how to invest (trade) before money management and basic economics. That's potentially bad for their future.

  • @wildernessandme1744
    @wildernessandme1744 4 ปีที่แล้ว +1815

    We need a new documentary on this topic post corona virus.

    • @MehdiS-music
      @MehdiS-music 4 ปีที่แล้ว +118

      Exposing all the fraud thats happening behind the corona excuse...... The rich are getting even richer and the poor are loosing everything, eve their shelter.... the middle class got wiped out...

    • @wildernessandme1744
      @wildernessandme1744 4 ปีที่แล้ว +17

      @@MehdiS-music Exactly.

    • @eddiemalvin
      @eddiemalvin 4 ปีที่แล้ว +21

      The worst part is that the same politicians who claim to be champions of the "working class" are implementing policies that are inadvertently resulting in a larger transfer of wealth to the upper class... and the upper class aren't even asking for these handouts.
      - Suburban moms collecting $600/week in bonus unemployment because their side business has been impacted despite the fact that they've never earned $600/month (Completely legal)
      - Small businesses and their employees shut down while white-collar jobs are virtually unimpacted (Completely legal)
      - Restricting domestic/international air travel resulting in a surge of income for wealthy owners of vacation rental properties within driving distance of major cities. (Completely legal)
      - Allowing people who make very healthy six-figure salaries to withdraw up to $100k penalty free from their well-funded retirement accounts to be used in any way they wish. And if they pay it back in 3 years, there's no tax due! (Completely legal)

    • @eyupbuyukkaya8638
      @eyupbuyukkaya8638 4 ปีที่แล้ว +4

      İmportant question is how was born the Corona virus and is there other viruses ?

    • @kn9ioutom
      @kn9ioutom 4 ปีที่แล้ว +11

      NEW NORM ! RICH RICHER ! POOR POORER !

  • @hueyahumana
    @hueyahumana 3 ปีที่แล้ว +116

    “Money is too important to be left for banks alone” Indeed !

    • @vpspad880
      @vpspad880 3 ปีที่แล้ว +1

      Microsoft via Gates now has the patent for a crypto currency tattoo, which will be inserted as a chip.
      It will control your currency via your vaccination history and you might be potentially locked out.
      It is called the, "Trust Stamp".
      As vice president, Biden, happily stated that all Americans would get chipped at a Congressional hearing.
      A true patriot and government whistleblower, Snowden,
      had stated that they were going to insert undisclosed nanotechnology aka microscopic robots into the vaccines.
      Since the MRNA material was dissolving in the MRNA vaccines, they enveloped it with lipid nanotechnology.
      That is why it needs to be refrigerated at a much lower temperature than the J and J vaccines.
      The WHO is a UN organization.
      Since the Vatican warned the African Kenyans of the undisclosed sterilization chemicals
      in the UN vaccines,
      the UN pressured ​the Vatican to liberalize their doctrine and the Vatican said NO

  • @Rickwmc
    @Rickwmc 4 ปีที่แล้ว +409

    "Honesty is less profitable than dishonesty." - Plato

    • @steveburchfield5576
      @steveburchfield5576 4 ปีที่แล้ว +22

      Unless getting into HEAVEN FOREVER is more a goal then short term wealth!

    • @klydebroox7178
      @klydebroox7178 3 ปีที่แล้ว +13

      Capitalism has no conscience and capitalists are morally depraved.

    • @malalachernobyl5594
      @malalachernobyl5594 3 ปีที่แล้ว +7

      @@klydebroox7178 Unfortunately that's what we all are.

    • @EGOSUM-l3d
      @EGOSUM-l3d 3 ปีที่แล้ว +9

      @@steveburchfield5576 except their is no heaven

    • @gabcatyper
      @gabcatyper 3 ปีที่แล้ว +3

      not in the long run

  • @serpentzachary1340
    @serpentzachary1340 4 ปีที่แล้ว +520

    Life for most people: Go to primary and secondary school just to get a piece of paper that piece of paper with a score attached to it will determined which university you go to just to get another piece of paper. Get debt so you can get another piece of paper. Slave away 40 years of your life away to your employer just to realised that your company will abandoned you by not giving you your pension and insurance. Live the rest of your life working in Mc Donald or other low paying jobs. Not the life I want to live.

    • @shazaminshahrani2918
      @shazaminshahrani2918 4 ปีที่แล้ว +53

      We have to also be careful on what you want too. The algorithms have programmed us meticulously.
      Travel the world? Pay the airline.
      Want nice clothes? Pay the fashion industry.
      Wanna ‘feel’ modern? Pay the tech giants.

    • @serpentzachary1340
      @serpentzachary1340 4 ปีที่แล้ว +57

      @Rich Greene True. American dream is a hoax and people are still buying into that illusion. I am just shaking my head by thinking about how these people haven't wake up to the fact that they're being robbed of their dream day by day.

    • @stefan7848
      @stefan7848 4 ปีที่แล้ว +7

      coem to Serbia 250euro min vage ez

    • @serpentzachary1340
      @serpentzachary1340 4 ปีที่แล้ว +12

      ​@@stefan7848​I am a digital nomad I can work in Serbia for a standard European wage.

    • @stefan7848
      @stefan7848 4 ปีที่แล้ว +3

      @@serpentzachary1340 yes standard min. Vage but not 250 right?

  • @marywalters1181
    @marywalters1181 5 ปีที่แล้ว +1997

    "I sincerely believe that banking establishments are more dangerous than standing armies." Thomas Jefferson 1816

    • @e.t.3165
      @e.t.3165 4 ปีที่แล้ว +73

      It'a better to die with the bullet in our heads than die with an empty stomach. Not a pleasant ending. And it's already happening. Desperate people taking their own lives for the very reason I've described. 😤😤😤 Bankers should just f@$&% themeselves up and go to hell!!!

    • @Tlhakxza
      @Tlhakxza 4 ปีที่แล้ว +20

      Funny I read this exact quote off GARY ALLEN’s NONE DARE CALL IT CONSPIRACY book just yesterday.
      Now I see the correlation.✌🏿

    • @RIPNTEAR68
      @RIPNTEAR68 4 ปีที่แล้ว +33

      What's truly dangerous are the societal fragments that contribute to the growth of the monstrous greedy blobs/ Conventional society is rife with mediocrity and it's this mediocrity that foments elitism/ The egoistic rich wouldn't be rich without slave labor/

    • @juanio7036
      @juanio7036 4 ปีที่แล้ว +85

      Give a man a gun he can rob a bank, give a man a bank and he will rob the world.

    • @r.chavez5513
      @r.chavez5513 4 ปีที่แล้ว +6

      @@e.t.3165 exactly it is better to be unserground then suffer povertty

  • @tamajoseph
    @tamajoseph 3 ปีที่แล้ว +24

    The reason why money isn't taught at schools, the masses would see the scam.

  • @ianboard544
    @ianboard544 4 ปีที่แล้ว +54

    People never stop to think about the tremendous amount of harm caused by ultra-low interest rates.

  • @BlackRootsAcademyOfSoul
    @BlackRootsAcademyOfSoul 3 ปีที่แล้ว +24

    This documentary is indeed sobering.
    Is there anyone making better documentaries than DW? Top notch 👌🏿

  • @nononsense2731
    @nononsense2731 3 ปีที่แล้ว +356

    An updated version, post corona would be very very interesting. Fed printed more money in 1 year than it did in last 10 years.

    • @johnphoenix1175
      @johnphoenix1175 3 ปีที่แล้ว +35

      And, one way or another, most of it quickly went to the rich.

    • @Dovachin
      @Dovachin 3 ปีที่แล้ว +17

      And that is why we buy bitcoin kids.

    • @Тсонга
      @Тсонга 3 ปีที่แล้ว +20

      @@Dovachin people say bitcoin is imaginary money but the fed prints as much as they want at will with no hard cap unlike bitcoin. 🤣 Crypto is the future & it can't be avoided.

    • @ellengran6814
      @ellengran6814 3 ปีที่แล้ว +28

      We had revolutions in order to get rid of feudalism/oligarcy. However, humans never learn. Here we are again, debt-slaves (serfs), vasalls (Big Corporations/oligarkies) protecting status quo) and the King (FED/US Empire). We made constitutions to ensure «welfare and justice for all», we made regulations/law in order to uphold the constitutions (the will of the people). However we all forgot why human greed needs regulations/boundaries.

    • @dirkdiggler9379
      @dirkdiggler9379 3 ปีที่แล้ว +4

      @@Dovachin it’s also being controlled

  • @ericksonmiranda4730
    @ericksonmiranda4730 ปีที่แล้ว +11

    What most people don’t realize is that most of the time when they talk about money, they are actually talking about credit which is a quite different thing.

  • @TheOne-uo4sv
    @TheOne-uo4sv 4 ปีที่แล้ว +147

    The rabbit hole only gets deeper until you figure out "it's a club and you ain't in it"
    Carlin

  • @human1513
    @human1513 5 ปีที่แล้ว +283

    This video is only a tiny peak into how things really function.. Have worked for 2,000+ years!
    The poor & middle class are not financially educated. Never have or ever will be. They want to be led & taken care of.
    Get educated, study history, & learn the difference between currency & money.
    Schools do not teach this. The rich initiated schools so as to teach people to be good obedient, work related workers. The education system was not created to educate people in the true sense. These are documented facts. The population is even ignorant of this fact. They are sheep, being led by their noses and $$$. Sad but true.

    • @Killerpinguin96
      @Killerpinguin96 5 ปีที่แล้ว +12

      Here in germany we have a whole subject in school only teaching stuff like this

    • @ojagetabelifestyle4010
      @ojagetabelifestyle4010 5 ปีที่แล้ว +19

      If Germans are ignorant about this, just imagine what we Africans know about this topic, literally nothing.

    • @awakenthegreatnesswithin
      @awakenthegreatnesswithin 5 ปีที่แล้ว +4

      Human 👏 most people are asleep 😴

    • @ThomasBlaa
      @ThomasBlaa 5 ปีที่แล้ว +7

      What steps can I take to learn this stuff?

    • @nuvisionprinting
      @nuvisionprinting 5 ปีที่แล้ว +6

      @@ThomasBlaa start by watching the documentary the money masters. Opened my eyes massively!!

  • @catmar1944
    @catmar1944 5 ปีที่แล้ว +228

    ["This is because the world is built on lies and deception, nothing is real and it will end badly."]without prejudice.

    • @svetlanikolova7673
      @svetlanikolova7673 5 ปีที่แล้ว +10

      Clive, and you just sit and complain. stop investing in them. get land in an abandoned town and develope an eco village and a food forest. The future is up to you.

    • @polygamous1
      @polygamous1 5 ปีที่แล้ว +4

      Clive how so? we have Real money now no?all printed at will as n well they need to by our master bankers how can this money Not be real? they are as long term good as monopoly money, after all ALL countries are in debt up to their eyebrows so where do ALL countries owe all this huge amounts of money to? you all work I print money as n well i want to, in the end you are ALL my slaves the land the sea the air can produce so much n no more But i print as much as i like in the end you are ALL in debt to me ty people

    • @danderson4002
      @danderson4002 5 ปีที่แล้ว +2

      Yes.

    • @davidedgerly
      @davidedgerly 4 ปีที่แล้ว +3

      I looked at some of the other replies to your post... In order to gain utter control... all systems will need to fail plunging us into a neo feudal state... and of course without prejudice... and I know what that means... I don't think those reading and replying to your post grasp that thought you tried to convey...

    • @markdemell8056
      @markdemell8056 4 ปีที่แล้ว +5

      satan is at the wheel, one day soon enough satan will be done away with.Hallelujah!

  • @KiyosakiSays
    @KiyosakiSays ปีที่แล้ว +209

    “Most people fail to realize that in life, it’s not how much money you make. It’s how much money you keep.” - Robert Kiyosaki

    • @myleghurts3546
      @myleghurts3546 ปีที่แล้ว +13

      well, if you make 0 you keep it all

    • @myleghurts3546
      @myleghurts3546 ปีที่แล้ว

      Yes, but let's keep in mind the dollar cost of inflation-targeted economy managed by haves for haves. Have-nots struggle to survive. In this context, this adage doesn't float my boat.@@chompchompkatze

    • @conuongthanhcong4551
      @conuongthanhcong4551 ปีที่แล้ว +9

      I dont agree. Keep your money on safe and it will gradually become paper by inflation. Owning productive assets as Buffett said is the best choice.

    • @myleghurts3546
      @myleghurts3546 ปีที่แล้ว

      Of course! Whatever produces dividends is a better bet, since it has two values, it's short-term divs then its sale, being stock or real estate. The biggest difficulty is coming up with the first million to do this.@@conuongthanhcong4551

    • @carloschu7127
      @carloschu7127 ปีที่แล้ว +3

      Klauss Schwab : " Yeah " 😈

  • @amit4Bihar
    @amit4Bihar 5 ปีที่แล้ว +136

    This is the most important and relevant video for most of us. I'm from Mumbai, India and same issues being faced. Most of the real estate is out of reach of common men and investor property.

    • @LauraLancealot
      @LauraLancealot 4 ปีที่แล้ว +12

      I got lucky in away I was saving cash under my mattress I know bad bad but I just didn't want to be bothered with Bank stuff 😬 then my granny died left me with small inheritance about 15,000 between my sisters and I had saved 55,000 in 2009 we found house at auction for 65,000 the house is now worth $275k so I say this to say save all cash you can with family you trust I don't save in banks personally but once the market takes a noise dive property will be cheaper if you have the cash

    • @britishdominations9781
      @britishdominations9781 4 ปีที่แล้ว +5

      @@LauraLancealot but what about inflation?

    • @moondancer9066
      @moondancer9066 4 ปีที่แล้ว

      @Ranjit Tyagi You're rich in your Country, yes??

    • @MeowyBrigade
      @MeowyBrigade 4 ปีที่แล้ว +1

      @@moondancer9066 I'd say they are middle class where they live.

    • @amrutatre1809
      @amrutatre1809 3 ปีที่แล้ว +1

      True. Our cities are now unaffordable. Totally unsustainable. When you retire, move out if the city. It is the only way.

  • @danielhama4558
    @danielhama4558 4 ปีที่แล้ว +207

    I have watched this documentary thrice just because I thought it was the best ever... Thanks so much for this lesson

    • @praddytor97
      @praddytor97 4 ปีที่แล้ว +4

      Yeah me too

    • @TheTruthFadeswithTime28
      @TheTruthFadeswithTime28 4 ปีที่แล้ว +1

      @ thanks for the recommendation

    • @ivanespinoza9023
      @ivanespinoza9023 4 ปีที่แล้ว +7

      Life for most people: Go to primary and secondary school just to get a piece of paper that piece of paper with a score attached to it will determined which university you go to just to get another piece of paper. Get debt so you can get another piece of paper. Slave away 40 years of your life away to your employer just to realised that your company will abandoned you by not giving you your pension and insurance. Live the rest of your life working in Mc Donald or other low paying jobs. Not the life I want to live.

    • @knockknock1246
      @knockknock1246 4 ปีที่แล้ว

      @@ivanespinoza9023 I went to thricerary school.

    • @gabrieljimenez9633
      @gabrieljimenez9633 4 ปีที่แล้ว

      @@TheTruthFadeswithTime28
      G

  • @AvadaKedavra943
    @AvadaKedavra943 4 ปีที่แล้ว +48

    the thing is, every dollar they generate out of thin air, it dilutes the value of every dollar on the plant. This is the issue of fractional reserve banking.

    • @thepanel2935
      @thepanel2935 4 ปีที่แล้ว +14

      *_Your house isn't going up in value._*
      *_Your dollar is going down in value._*

    • @dianathompson7597
      @dianathompson7597 4 ปีที่แล้ว +3

      That's the real theft,,, there is no "private" savings with fiat MONEY

    • @bullionmaster
      @bullionmaster 3 ปีที่แล้ว +1

      @@thepanel2935 true indeed.

    • @bullionmaster
      @bullionmaster 3 ปีที่แล้ว

      @@dianathompson7597 exactly these bloody thieves! the best way is to switch to fine silver/gold.

    • @Jura21
      @Jura21 2 ปีที่แล้ว

      @@bullionmaster bitcoin!

  • @hondusspa
    @hondusspa 3 ปีที่แล้ว +29

    I feel for people who sack money in cash somewhere simply because they perceive that to be safe. Nothing is safe but 0 returns on an inflationary asset is definitely risky in itself.

    • @shaikfarid3116
      @shaikfarid3116 2 ปีที่แล้ว

      Thats so true....ppl should find a way out

  • @jholid6y
    @jholid6y 5 ปีที่แล้ว +657

    Ironic how the world is flooded w cheap money but most people are broke AF

    • @yosefll7455
      @yosefll7455 5 ปีที่แล้ว +42

      central banks have to keep the velocity high (print more) or the credit market (most things are paid in credit since the interest rate is so low) will crash, sending every company, bank , and country into a credit freeze. Everything is running on credit.

    • @MrDXRamirez
      @MrDXRamirez 5 ปีที่แล้ว +102

      Cheap money is intended for rich money to borrow and with that money buy up land, buildings, stocks, bonds and property anywhere in the world.
      For the poor it means debt.

    • @nikkil764
      @nikkil764 5 ปีที่แล้ว +55

      Most people are broke because they don’t understand how money works and they lack the discipline to do what it takes to become wealthy. People want the latest iPhone, to go on vacation, and to have season tickets for their favorite team. If they had just invested the money from those three things starting in their twenties, they’d be wealthy in their fifties. But that would require discipline and a willingness to wait for the payout.

    • @naturallaw1733
      @naturallaw1733 5 ปีที่แล้ว +73

      @@nikkil764
      sure like if Everyone just did that, we would all be wealthy. give me a break. Poor people are intrinsic to Capitalism. that's the only way Wealthy people can exist in the first place.

    • @Valhura77
      @Valhura77 5 ปีที่แล้ว +68

      @@nikkil764Bullshit if you saved money for 30 years it would be worth F all at the end of those 30 years due to terrible interest rates and inflation would have massively reduced its buying power. As long as central banks can create money out of nothing instantly devaluing all money in peoples bank accounts all you are is a wage slave doomed to scrap by in old age as everything you have saved for your pension is worthless when you go to access it

  • @Jaapst
    @Jaapst 4 ปีที่แล้ว +414

    The truth is: the game was rigged from the start.

    • @seanserflaten8949
      @seanserflaten8949 3 ปีที่แล้ว +15

      Very true fractional banking has been around a long long time yet wasn't even mentioned in this documentary.

    • @gabcatyper
      @gabcatyper 3 ปีที่แล้ว +11

      Calling it rigged is a bit sinister a term but yes, there has always been an end game strategy and yes, the cycle will end and a new system will be put in place like it has happened over and over again.
      Learn to play the game so that you and your folks can have financial freedom.

    • @gloryrow100
      @gloryrow100 3 ปีที่แล้ว +5

      You make it sound sinister,it all comes down to a phenomenon called the "Pareto principal" and that isn't a conspiracy its a simple truth of life found throughout the animal kingdom the natural biome even the size of the planets must obey this law.

    • @andresamartins26
      @andresamartins26 3 ปีที่แล้ว +4

      It wasn't. I was under the line of poverty just 10 years ago. I'm already part of the 1% in my country. I would be in the 15% in America. Just because you do not want to work hard in order to succeed, it doesn't mean that "the game is rigged from start".

    • @Jaapst
      @Jaapst 3 ปีที่แล้ว +4

      @@andresamartins26 Just wait my friend. This covid thing is going to blow up the biggest world economic bubble in world history and everybody will suffer.

  • @mosleman9064
    @mosleman9064 4 ปีที่แล้ว +45

    Watching this in 2020 in the middle of the madness makes so much sense! And 2021 is following, what are the odds!

    • @eriq54321
      @eriq54321 3 ปีที่แล้ว +2

      2021

    • @saulpizarro4684
      @saulpizarro4684 3 ปีที่แล้ว +1

      2021 AND now Biden Is talking of printing trillions

  • @bothoseretse9605
    @bothoseretse9605 11 หลายเดือนก่อน +4

    Please make more documentaries like this or even write a book i will buy it😭 this documentary is splendid!

  • @karthikbharad223
    @karthikbharad223 4 ปีที่แล้ว +60

    One the best documentaries in DW. I would recommend everyone to see this documentary, financial literacy should be achieved at a higher rate, that is the only way for us to overcome this. Even in this documentary when a member of Swiss initiative was giving a pamphlet a person said no to that and moved away from him without knowing the valuable information the other is holding in his hands.

    • @gabcatyper
      @gabcatyper 3 ปีที่แล้ว

      what are you talking about?
      lol

    • @karthikbharad223
      @karthikbharad223 3 ปีที่แล้ว +3

      @@gabcatyper You are a perfect example of what I was talking about. Lol.

    • @gabcatyper
      @gabcatyper 3 ปีที่แล้ว

      @@karthikbharad223 please read my first comment on this video, I spilled all the beans. Cheers.

    • @duggydugg3937
      @duggydugg3937 2 ปีที่แล้ว

      gibberish..
      central bankstards have us by the shorts... you bear the TRILLIONS of debt our bought officials perpetrate

    • @Nick-ge7ug
      @Nick-ge7ug ปีที่แล้ว

      The propaganda is to keep the masses financially illiterate and pushing to have them care less and less about money

  • @nick281972
    @nick281972 5 ปีที่แล้ว +123

    The horrifying truth that can no longer be denied is that the relationship between the worker's and owner's/bankers/financiers/hedge fund managers is the same as the relationship between the livestock and the farmer.

    • @willjay1839
      @willjay1839 5 ปีที่แล้ว +1

      Absolutely crazy asF

    • @anyoneyousee7772
      @anyoneyousee7772 5 ปีที่แล้ว +7

      This, all ideologies are lies told to the worker for the purpose of control...

    • @andrewharris79
      @andrewharris79 5 ปีที่แล้ว +3

      Goverment is helping corporates monopolize the world.

    • @themessenger5868
      @themessenger5868 5 ปีที่แล้ว +3

      Farmers respect their livestock ! God Bless...

    • @tonbosma8347
      @tonbosma8347 5 ปีที่แล้ว +2

      So...rethink! Who gives them power? Why! Just don't accept that principle anymore. Don't act like livestock!

  • @masuphamolapo9560
    @masuphamolapo9560 4 ปีที่แล้ว +277

    He's not getting 0.1% on his savings because of bank charges, so in reality he's losing money by 'saving' it!

    • @MaximilianOOO491
      @MaximilianOOO491 3 ปีที่แล้ว +1

      I’ve been saying this for years

    • @the0ne809
      @the0ne809 3 ปีที่แล้ว +17

      Because of inflation. The problem is that most of the new money goes to the rich and not the regular people. That's why taxing the rich is important so they don't do this kind of gambling. 40% of all stocks are owned by the 1% and the top 10 percent have 90% of all stocks. When trump cut corporate taxes they used most of that money for stock buybacks thus increasing their wealth. Also, it was illegal to do stock buybacks until Reagan arrived.

    • @YachtsOnTheReg7
      @YachtsOnTheReg7 3 ปีที่แล้ว +3

      Do they not have financial advisors in Germany who advise people on how to invest their money properly based on their age and risk tolerance? I used to work for a financial advisor here in the US and that's all we did was advise people how to invest and protect their retirement money.

    • @compresswealthdivideeconom3757
      @compresswealthdivideeconom3757 3 ปีที่แล้ว +3

      Better than putting into a 4 to 10 times overpriced stock market. It is this extreme in US, with small caps at the high end. PE ratios compress in half in bad times. Even without factoring this in, it's 2 to 5 times overpriced. Don't be fooled as to what's the average PE ratio over all years. It's 12, not 16. The inflated figures in recent years has a confounding basis.

    • @andyc9902
      @andyc9902 3 ปีที่แล้ว +2

      Don't forget Inflation

  • @libertyislife8143
    @libertyislife8143 3 ปีที่แล้ว +7

    We need an updated version for this.

  • @robify4
    @robify4 5 ปีที่แล้ว +1160

    If watching this in 2017 was scary try watching it in 2019 lol

    • @cristinah4909
      @cristinah4909 5 ปีที่แล้ว +26

      wall st banksters and UN gangsters... that's the evolving link now....

    • @alalee4376
      @alalee4376 5 ปีที่แล้ว +23

      "Tax Transactions", "Give The Power To The State" etc. What Are These Guys Thinking... Insanity Is Doiing The Same Thing Over And Over Again... Stop This B.S. Seperate Goverment And Money And You Will Have Prosparity Beyond Imagination! - This Documentery Is Just So "Left" Thinking... Which Is Why We Are Here, In The First Place...

    • @geoengineeringakachemtrail9365
      @geoengineeringakachemtrail9365 5 ปีที่แล้ว +114

      Yes and try watching this in 2020-21 when the bubble burst

    • @teacherhomieg
      @teacherhomieg 5 ปีที่แล้ว +24

      All the pundits claim everything is great! No recession in sight. Trump will save us. Lol! Meanwhile the last of the investors are piling into equities.

    • @escapedfromnewyork
      @escapedfromnewyork 5 ปีที่แล้ว +12

      @Robert Holyoke......smart people will diversify and put a good amount in brass and copper-clad lead.

  • @andresk.5864
    @andresk.5864 5 ปีที่แล้ว +80

    problem is people who have the power to regulate this scheme also benefit from it, therefore do not expect any miracles

  • @yongchang1475
    @yongchang1475 7 ปีที่แล้ว +246

    This is one of the better documentaries I saw this year.

    • @jennifertimoteo4488
      @jennifertimoteo4488 6 ปีที่แล้ว

      Yong Chang Mmhm

    • @stephaniegan4349
      @stephaniegan4349 6 ปีที่แล้ว +2

      Yong Chang i agree 😁

    • @seasonalkitchen9541
      @seasonalkitchen9541 6 ปีที่แล้ว +2

      top there with blue planet.

    • @garygraham4679
      @garygraham4679 6 ปีที่แล้ว

      Wow. realy? Guess you don't get much internet over in China.

    • @cristianetchart4691
      @cristianetchart4691 6 ปีที่แล้ว +3

      This documentary is aimed to ignorant people. The reason why the rich get richer is that they have access to the best finance professionals and also their scale gives them better fees. It's a shame that people are being so misled.

  • @thomasroth2217
    @thomasroth2217 ปีที่แล้ว +197

    To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market,what are your thoughts?!

    • @donaldjack5487
      @donaldjack5487 ปีที่แล้ว +1

      I can’t focus on the long run when I should be retiring in 3yrs ,you see I’ve got a good companies in my portfolio and a good amount invested, but my profits has been stalling,does it mean this unstable market doesn’t provide any calculated risky opportunities to make profits?

    • @nicholascruz5821
      @nicholascruz5821 ปีที่แล้ว

      I made up to $21,280 in two week with 3,000 through this *Nguyen* *Brielle* *Osmani* strategy she's just the best I can think now

    • @GiteshRishi
      @GiteshRishi 5 หลายเดือนก่อน

      Well these scams by the banks and financial firms will continue for the next couple of decades in developed countries and even more in developing countries,so it's imp for us to get educated and have practical idea of investment,to analyze these scams and gaps just to profit from these rather then sitting and crying of how much of an evil these firms R

  • @godigitalwebsite8595
    @godigitalwebsite8595 5 ปีที่แล้ว +229

    The person who doesn't know where his next dollar is coming from usually doesn't know where his last dollar went.

    • @prepperjonpnw6482
      @prepperjonpnw6482 5 ปีที่แล้ว +20

      Gas, food, meds/Rx’s there you go lol

    • @Valhura77
      @Valhura77 5 ปีที่แล้ว +32

      That person was also probably taxed on that dollar when he earned it and then again when he spent it

    • @snowfall1771
      @snowfall1771 5 ปีที่แล้ว +1

      @@Valhura77 thats the kicker huh

    • @veronicachristopher9321
      @veronicachristopher9321 5 ปีที่แล้ว

      -Confucius

    • @QTEPYE
      @QTEPYE 5 ปีที่แล้ว +5

      LOL!! I spend most my money on women, wine, and song; the rest I just wasted.

  • @ffhashimi
    @ffhashimi 6 ปีที่แล้ว +164

    Great documentary ; We need more like this to educate people in a simple and straightforward way ..Thanks

    • @carlpoppa1788
      @carlpoppa1788 5 ปีที่แล้ว +6

      This documentary is misleading. "National" banks aren't national, they are private, just like commercial banks, they create money out of thin air.

    • @AwesomeBlackDude
      @AwesomeBlackDude 5 ปีที่แล้ว +1

      th-cam.com/video/EC0G7pY4wRE/w-d-xo.html
      Power of knowledge is everything and your welcome... 🙄

    • @SanjeevKumar-ro2wd
      @SanjeevKumar-ro2wd 2 ปีที่แล้ว

      @@carlpoppa1788 l

  • @maksymrudek759
    @maksymrudek759 4 ปีที่แล้ว +426

    Watching this in 2020 during Coronavirus and recession all over the world due to pandemic scares me. But also motivates me to learn more about other possibilities rather than current form of capitalism. To become more self aware. Thanks for the great documents DW.

    • @DWDocumentary
      @DWDocumentary  4 ปีที่แล้ว +51

      Hi @Maksym Rudek,
      Thanks for watching and sharing your thoughts.
      Stay safe and all the best,
      The DW Documentary Team

    • @dickhamilton3517
      @dickhamilton3517 4 ปีที่แล้ว +12

      @Hue Man no, mate. this is how new money is created by the commercial banks, it is loaned into existence. That is how today's version of Capitalism, called neoliberalism, works, and it has done so since the 1980s.

    • @dickhamilton3517
      @dickhamilton3517 4 ปีที่แล้ว +10

      @jcllings you gave it away at 3).... the stock market has nothing to do with the real economy, and produces only price inflation and destruction, while NOT producing real investment - it's a speculative Instrument. Which is why we get into repeated trouble (bubble and 'irrational exuberance', followed eventually by 'crash and burn'), every few years. The only real investment that occurs there is when an IPO is offered and bought, and much of that is siphoned off into the early pre-flotation investor's pockets rather than actually being invested IN the company as real assets and material stocks.

    • @jacob21266
      @jacob21266 4 ปีที่แล้ว +5

      Bitcoin is a new system being implemented for the future of economics.

    • @nancyrobles1005
      @nancyrobles1005 4 ปีที่แล้ว +2

      a man with Vision👁🗽😎

  • @dallasalmeida6392
    @dallasalmeida6392 3 ปีที่แล้ว +7

    15:51 - 16:25 is the most insightful segment in this documentary.

  • @PyroChimp75
    @PyroChimp75 7 ปีที่แล้ว +224

    14:24 - "The city is full of greedy, ruthless, clever people.." I tilt my hat to you good sir!

    • @nickgood9593
      @nickgood9593 6 ปีที่แล้ว +10

      Who then use that money and buy a farm house in wales lol

    • @ValueHurts
      @ValueHurts 6 ปีที่แล้ว +6

      they obviously haven't met politicians or local government employees..

    • @Barskor1
      @Barskor1 6 ปีที่แล้ว +3

      It is not from benevolence you get your bread from the baker or your meat from the butcher.

    • @bulltraderpt
      @bulltraderpt 6 ปีที่แล้ว +4

      "Who then use that money and buy a farm house in wales lol" Yeap a complete hypocrite.

    • @maxlee3536
      @maxlee3536 6 ปีที่แล้ว +3

      local government employees are low-paid, but benefited folks who just want to do their job and go home. I hold nothing against them.
      Investment bankers on the other hand, tend to lack basic human decency, and wouldn't give a damn if the world burned, as long as they can make money on it.
      Source: provided IT support for them at a large global bank.

  • @awtachewraya2890
    @awtachewraya2890 3 ปีที่แล้ว +96

    I am really addicted to DW documentaries. they are super interesting !

    • @andideblong4182
      @andideblong4182 3 ปีที่แล้ว +1

      Same im to

    • @dorislater4826
      @dorislater4826 3 ปีที่แล้ว +1

      Thanks...nobody has ever told me that before....but I have been told I have a gift of gab...lol

    • @Ben-jq5oo
      @Ben-jq5oo 3 ปีที่แล้ว

      Me too.

    • @prze4295
      @prze4295 3 ปีที่แล้ว

      Neonazi propaganda

    • @maureenogorman8740
      @maureenogorman8740 3 ปีที่แล้ว

      So good.

  • @prasadsonavane8160
    @prasadsonavane8160 4 ปีที่แล้ว +135

    One of the best explained documentaries I've seen. Thank you.

    • @gabcatyper
      @gabcatyper 3 ปีที่แล้ว +1

      lol, research please.

    • @chrisclark6236
      @chrisclark6236 3 ปีที่แล้ว

      Best mining trader

  • @jamestaylor8577
    @jamestaylor8577 3 ปีที่แล้ว +10

    DW have great documentaries, please don't change!

  • @community1949
    @community1949 5 ปีที่แล้ว +49

    Back in 1968 or so I used to get 4% on my savings account - now I'm lucky if I get .4% - it's one big racket.

    • @amypieterse3706
      @amypieterse3706 4 ปีที่แล้ว +1

      i wish you good health

    • @thethinkerofficial001
      @thethinkerofficial001 4 ปีที่แล้ว +1

      How about getting 2% riskfree

    • @FawadKhan-pf4fg
      @FawadKhan-pf4fg 4 ปีที่แล้ว +1

      I can get you 6 percent per annum today and more ... guaranteed, legal and transparent!

    • @GOLDVIOLINbowofdeath
      @GOLDVIOLINbowofdeath 3 ปีที่แล้ว

      That was Obama’s solution to the financial crisis well the banks out was very low interest rates create inflation and then the debt is worth less and it’s easier to pay off. You always heard about how seniors so powerful because they vote but I haven’t heard one senior complain about this till this video

  • @ClovisdeCruz
    @ClovisdeCruz 7 ปีที่แล้ว +314

    Proverbs 22:7 The rich rule over the poor, and the borrower is slave to the lender.

    • @henrietta9206
      @henrietta9206 7 ปีที่แล้ว +41

      Clovis de Cruz Proverbs 22:2 rich, or poor. But all are guilty before God.
      verse 8 - the powerful, who abuse, will eventually fall.
      Take that.

    • @henrikjohansson4426
      @henrikjohansson4426 6 ปีที่แล้ว +2

      this is not true debt investing in the long run makes less than equity type investments. If you think about it its logical as long as the debt is used in a productive way. hint your own house is not a productive asset. (unless you re build it/fix it up)

    • @tedcrilly46
      @tedcrilly46 6 ปีที่แล้ว +12

      my house produced safety and comfort last night.

    • @clarknarcisusopenia5387
      @clarknarcisusopenia5387 6 ปีที่แล้ว +5

      the rich getting richer and your place in Hell is getting bigger

    • @loganspence1147
      @loganspence1147 6 ปีที่แล้ว +6

      so I'm not allowed to become rich?

  • @positiveenergy5838
    @positiveenergy5838 5 ปีที่แล้ว +35

    There is a saying that's true "The Richer get Richer and the Poorer get Poorer." this video shows and tells us the truth.

    • @carefulcarpenter
      @carefulcarpenter 5 ปีที่แล้ว +1

      *I am one of the richest men in California.*
      I've written for 20 years; promoted a YT channel for 7-8 years. Very few people are curious about true wealth creation. Caught in a lie, they don't want to know where they went wrong. 🌿🐡🌾

    • @tonbosma8347
      @tonbosma8347 5 ปีที่แล้ว +2

      @@carefulcarpenter It's not about being rich in fact. It's about creating poor enemies. Desperate people will rise. But I think you are will aware. What happened to those rich with a vision, like Carnegy? They gave back. That is how it works...New rich only is greedy, don't care about others or society, general speaking. That is a straight road to personal disaster, for those rich. Wich is a good and natural thing.Call it Karma if you want too. Irresponsible behavior, stupidity.

    • @UncarteD
      @UncarteD 4 ปีที่แล้ว

      @@carefulcarpenter yh? Do you wanna send me some money over PayPal ?

  • @ryanwilkins7204
    @ryanwilkins7204 2 ปีที่แล้ว +10

    I've only just come across your channel. The quality and consistency of documentaries is outstanding. Thank you.

    • @OfoeNelson
      @OfoeNelson 2 ปีที่แล้ว +1

      DW is national television station of Germany 🙂

  • @moorfang
    @moorfang 6 ปีที่แล้ว +141

    When you borrow money from the bank, you need high scrutiny and pay them high interest rates. When the bank gets money from you, you give them willingly and ask for very low interest rates which are actually decided by the borrower banks. That is how rich get richer and poor get poorer.

    • @momentumstocks3493
      @momentumstocks3493 5 ปีที่แล้ว +11

      Rich: Be the bank
      Poor: Borrow from the banks

    • @jensandersson6835
      @jensandersson6835 5 ปีที่แล้ว +9

      What's even worse is if you don't invest/bind your money in real items like properties/land because the banks are continously lowering the value of money.

    • @codybanks9944
      @codybanks9944 5 ปีที่แล้ว +10

      @@jensandersson6835 But even when you (So-Called) OWN the Property....it still has to be LEASED/RENTED by way of taxes....or the STATE can STEAL it from you for less than pennies on the Dollar if you do not keep making the Payments on it. So, you NEVER actually OWN anything.

    • @margaridabaldini
      @margaridabaldini 5 ปีที่แล้ว +6

      @@codybanks9944 that's so true!! You never really own anything

    • @Valhura77
      @Valhura77 5 ปีที่แล้ว +2

      @@codybanks9944 Yep you never actually own anything, even if you put your money into property, the state, (the political arm of the banksters these days) implement property taxes so even though the money you use to buy property was already taxed they will then go on to tax you multiple times on what you buy with it. This is all designed to keep you as a slave. Most people will never be able to earn enough to break free from the system of enslavement

  • @arthurkuntz1525
    @arthurkuntz1525 5 ปีที่แล้ว +56

    greedy,ruthless,clever people will steal all the money How true

    • @Barskor1
      @Barskor1 5 ปีที่แล้ว +4

      And they keep getting elected into the public office No one thinks Wall Street or any Business has the right to Rule so they dupe you with the religion of government.

    • @georgelin8498
      @georgelin8498 5 ปีที่แล้ว +5

      Since most people don't understand money they don't even realize they are being robbed.

  • @CommandoMaster
    @CommandoMaster 6 ปีที่แล้ว +93

    Cash flow is king. You need passive income. Your time should be more valuable than money.

    • @kneesnap1041
      @kneesnap1041 5 ปีที่แล้ว +21

      And how is it sustainable for every working person to have passive income? Passive income doesn't seem like something which can work on a large scale under capitalism.

    • @raysunshine1486
      @raysunshine1486 5 ปีที่แล้ว +1

      I wish I could give this comment multiple thumbs up!

    • @KanuKing20
      @KanuKing20 5 ปีที่แล้ว +3

      Knee Snap ever heard about investing? That’s how you get passive income.

    • @daydaysimmons9094
      @daydaysimmons9094 5 ปีที่แล้ว +1

      @@kneesnap1041 like real estate or open a business teach him sum man tell him learn about entrepreneurship

    • @kalanaherath3076
      @kalanaherath3076 5 ปีที่แล้ว +7

      *THAT IS THE MINDSET THAT STARTED ALL OF THIS!* We need less people making passive income not more! Passive income started after the gold standard was cancelled in the 1930s which was the start of this entire problem!

  • @Achiever10
    @Achiever10 3 ปีที่แล้ว +40

    We indians shy away from savings ac and started to learn equity market or investment in other asset classes. But to make a better future world must come together and regulate the private banks to some extent otherwise social and financial crisis is ine inevitable.
    Namaste from india 🙏

    • @dandaniellea2387
      @dandaniellea2387 2 ปีที่แล้ว

      If only❤

    • @m11nt
      @m11nt ปีที่แล้ว +2

      And, real estate investors too. They buy valuable land/apartments in the city and make it unaffordable for us common folk.

  • @EmA-sm8se
    @EmA-sm8se 4 ปีที่แล้ว +100

    Excellent documentary. I'm passing this on to my teacher colleague for his economics class. High school.

    • @DWDocumentary
      @DWDocumentary  4 ปีที่แล้ว +23

      Hi @Em A, we are glad you like our content, thanks for watching!

    • @iamasmurf1122
      @iamasmurf1122 3 ปีที่แล้ว +1

      It won’t be a curriculum allowed in a classroom because governments would rather not be exposed in their own educational facilities

    • @Robholyoake3778
      @Robholyoake3778 2 ปีที่แล้ว

      They have Stockholm syndrome and wont listen

  • @gigelchiazna_censored
    @gigelchiazna_censored 7 ปีที่แล้ว +111

    simply an extraordinary documentary

    • @murarikaushik33
      @murarikaushik33 7 ปีที่แล้ว +4

      Not really. A left wing agenda and full of all too obvious flaws about how the Financial System works. Its panders to the 'Occupy' Anarchists but does not reflect reality.

    • @BrickworksDK
      @BrickworksDK 6 ปีที่แล้ว +16

      @Murari Kaushik
      It does have a bias, yes. But then again, I can't find anything inherently wrong or false with what it's saying.
      The financial marked is a huge get-rich-quick scheme. And not just that, it's inherently unstable as shown by the 2008 crash. A lot of what's going on is toxic assets being passed around like hot potatos while everyone's praying that the marked won't come crashing down while they're holding one.
      It's also true that major cites are increasingly become the objects of speculation rather than investment. Flats and stores are changing hands at huge sums as the owners are gambling that the prices will keep going up. And the unfortunate result is that ordinary middle class citizens are slowly being forced out of the city and into the suburbs - sometimes even further - because they simply cannot afford to live in the city any more. And what's left is a lot of empty property, serving no other purpose than to be sold and sold and sold again.
      And finally, it's also true that banks simply conjure money out of thin air when they want to issue a loan. And it's equally true that they'll only do so when they're sure of turning a profit from it, hence why it's so hard - sometimes even impossible - to borrow money if you need to buy a new house (because you've just been forced out of town) or if you want to start your own business. And that's doubly ironic since the banks don't seem to mind gambling with their money on a wide variety of toxic asset schemes...
      See how it's all interconnected?
      And so the final point also stands - there's something truly rotten in the financial sector. A few speculators have gotten extremely rich on these mad bets while the rest of us are struggling to make ends meet. And in the long run, that's going to destabilise society as the middle class is slowly sinking into the mud, becoming poorer and poorer while The One Percent is living the good life in their gated communities. And history quite clearly shows what happens when the inequality becomes too great...

    • @periwinklemcfee7274
      @periwinklemcfee7274 5 ปีที่แล้ว

      @@murarikaushik33 not what they taught you in school ?

  • @rooneye
    @rooneye 4 ปีที่แล้ว +28

    I saw a thing recently that the derivatives bubble is now in the quadrillions. Something like 2 or 3 quadrillion $dollars. It's mental.

  • @GillerHeston
    @GillerHeston ปีที่แล้ว +504

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

    • @joshbarney114
      @joshbarney114 ปีที่แล้ว +4

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock-value.

    • @rogerwheelers4322
      @rogerwheelers4322 ปีที่แล้ว +2

      This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Colleen Janie Towe and everything changed. In the first quarter of this year i made $370k and counting.

    • @FabioOdelega876
      @FabioOdelega876 ปีที่แล้ว +3

      @@rogerwheelers4322 Prior to that, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the invt-adviser you're probably using?

    • @rogerwheelers4322
      @rogerwheelers4322 ปีที่แล้ว +3

      @@FabioOdelega876 I thoroughly recommend Colleen Janie Towe, an investment advisor who is subject to US SEC regulation. She has assisted me with my portfolio for many years. Look her up online; she's a well-known figure.

    • @FabioOdelega876
      @FabioOdelega876 ปีที่แล้ว +3

      @@rogerwheelers4322She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @MsJamilaaa
    @MsJamilaaa 4 ปีที่แล้ว +10

    This is the best and most useful thing I watched in months! Exceptional information for those who want to wake up and choose to do things differently.

  • @oroinsson4370
    @oroinsson4370 5 ปีที่แล้ว +28

    These poor home owners dont know what to do with all their money.

  • @Godisknockingx
    @Godisknockingx 5 ปีที่แล้ว +36

    If money was backed by gold much of this chaos wouldn't be happening.

    • @OZ88
      @OZ88 4 ปีที่แล้ว +6

      if it was backed up by gold, we would still live in the 1900s especially technologically.

    • @VERCINGET0RIX
      @VERCINGET0RIX 4 ปีที่แล้ว +4

      I don’t think that is the problem. Deregulation and corporations are the problem. Currency is abstract. Gold, silver, sea shells or plastic or paper, I don’t think it makes much of a difference. One bad thing about using gold: it’s rare, so i think it potentially restrains economic growth. I’m not an expert tho... and economics is more of a philosophy than science...

    •  4 ปีที่แล้ว

      Pardon but that’s not right. That is rhetoric upchucked onto a comment board.

    • @marydavis414
      @marydavis414 4 ปีที่แล้ว

      @@OZ88 Well you should be happy, 5g is coming. The final nail in humanity's coffin.

    • @victorsuccess6650
      @victorsuccess6650 4 ปีที่แล้ว

      The stock market is like a roller coaster, what goes up comes down only to go back up again. many investments are the same way but i love to give the responsibility to an expert sec licensed broker, rather than make the failures the expert made while he/she was still a beginner. A broker with the potential of generating constant positive returns of both rising and falling markets. I have made over $67k this past week amidst the BEAR and ready to dabble for more.

  • @Surroundedbyspyes
    @Surroundedbyspyes 3 ปีที่แล้ว +53

    Such a good documentary, thanks DW for bringing us a material so interesting and well explained 🥇

    • @DWDocumentary
      @DWDocumentary  3 ปีที่แล้ว +5

      Thanks for the positive feedback. We appreciate it.

  • @_Wai_Wai_
    @_Wai_Wai_ 5 ปีที่แล้ว +21

    When you borrow, it is called Credit. Only when you have positive Net Worth, would I consider that you have "Money".

  • @dainiusstankevicius5917
    @dainiusstankevicius5917 3 ปีที่แล้ว +27

    Godspeed to all of the people involved to solve this! Your numbers will be small and the work will be hard. It is a good fight. I will contribute what I can.

  • @dboyagod
    @dboyagod 5 ปีที่แล้ว +34

    I’m so happy I’m old enough to understand this

    • @tavoiaiono7885
      @tavoiaiono7885 5 ปีที่แล้ว +3

      @Incurable Romanticist money is worth nothing in anyway. They are only worth the energy you gave to earn it.....but spend your energy outside working the land....you will get more out of your energy, let them eat their shitty money......we all must go back to nature and look after each other together.

    • @garysmith7811
      @garysmith7811 4 ปีที่แล้ว

      @@tavoiaiono7885 unfotunatly though mate that aint whats happenin an it aint going to happen sad but true

  • @Sokapundit
    @Sokapundit 11 หลายเดือนก่อน +1

    Very informative documentary @DW. This piece should reach out to larger audience

  • @viktoriaszabo5344
    @viktoriaszabo5344 4 ปีที่แล้ว +30

    Now finally I understood the EU founded by the biggest private banks and the biggest companies in Europe, it's not about peace and free travel (these are side effects to blind the simple people), it's simply about profit and power for its founding fathers.

    • @gliyader
      @gliyader 3 ปีที่แล้ว +2

      This is in line with what Yanis Varoufakis has been saying for years.
      "And the weak suffer what they must" - highly recommended.

  • @johne1071
    @johne1071 4 ปีที่แล้ว +8

    One of the best commentaries on the monetary system so far.

  • @mikhailangel3258
    @mikhailangel3258 7 ปีที่แล้ว +226

    Millionaires kicked out by a billionaire, wow the irony. 😒

    • @cgreen777
      @cgreen777 5 ปีที่แล้ว +19

      Gentrifying the gentrifiers.

    • @Koushi82
      @Koushi82 5 ปีที่แล้ว +3

      @@cgreen777 lmao...

    • @rf9164
      @rf9164 5 ปีที่แล้ว +6

      Was he a millionaire who was renting? If it was his own property, I don't understand how he got kicked out.

    • @AntoRossi614
      @AntoRossi614 4 ปีที่แล้ว +3

      @@rf9164 they're bought out. He didnt mean getting kicked out literally

    • @williamramos3350
      @williamramos3350 9 หลายเดือนก่อน

      Never thought in my existence that I would ever hear someone with money complaining about money.

  • @MAXWALKER777
    @MAXWALKER777 3 ปีที่แล้ว +7

    Great documentary, thank you for the work!

    • @DWDocumentary
      @DWDocumentary  3 ปีที่แล้ว +1

      Thank you, Max, for watching! Be sure to check out our channel for more content.

  • @harakiri3250
    @harakiri3250 4 ปีที่แล้ว +96

    Always a pleasure to watch DW documentaries

    • @CosmosChill7649
      @CosmosChill7649 2 ปีที่แล้ว

      ALL nations take dollar ( fiat / imaginary ) money loans from World Banks controlled by the west. When the money is repaid the money becomes real - for the lender.
      The money produced by the local central banks, is only used to give loans, and write off loan waivers and expenses of corrupt local governments. Unlike the American empire, China never thrusts the yuan on unwilling nations to ensure its stability
      Unlike China, the money for new projects in third world are never produced by local central banks. That is why China is free, while Africa and India is enslaved to the dollar.
      Instead of borrowing fiat ( imaginary ) dollars, they never "create" their own fiat money debts, and this is the modern method of ENSLAVEMENT

  • @MenengaiCrater
    @MenengaiCrater 7 ปีที่แล้ว +76

    The guy who left London for the countryside inspired me. I would love to live a quiet life on a 10 acre piece of land cultivating pyrethrum.

    • @acridotherestristis
      @acridotherestristis 7 ปีที่แล้ว +19

      Kobo,
      The inspiring guy who left London for the countryside, made his money in London. He has been part of the "sick party". Not everyone has the means, to buy a 10 acre piece of land i Wales....

    • @jumpman366
      @jumpman366 7 ปีที่แล้ว +3

      Kobo so go ahead... exactly

    • @shkoder123
      @shkoder123 7 ปีที่แล้ว +2

      I live in the USA I'm Planning to Retire In Albania, Great Country.

  • @artruroruiz5284
    @artruroruiz5284 7 ปีที่แล้ว +326

    The real mafia with lisence to steal

    • @vincentyeo88
      @vincentyeo88 7 ปีที่แล้ว +16

      banksters are doing the robbing.

    • @youbellendcunt2636
      @youbellendcunt2636 6 ปีที่แล้ว +5

      government?

    • @lkkjhtemmexv1838
      @lkkjhtemmexv1838 6 ปีที่แล้ว +7

      MASONIC AMD ILLUMINATI MAFIA.

    • @Barskor1
      @Barskor1 5 ปีที่แล้ว +5

      The real mafia sold them that license.

    • @marcd7332
      @marcd7332 5 ปีที่แล้ว +3

      Artruro Ruiz *license

  • @angec6682
    @angec6682 3 ปีที่แล้ว +6

    This is the problem. Schools do not teach people to be financially literate. Most people are financially literate and unaware of how the financial system works. I was financially illiterate when I left school and trust me, I've made many mistakes throughout my life but at some point, I got sick and tired of making mistakes and vowed to learn as much as I could about finance. Now I am in a much better financial position. I took the time to learn.

  • @joeenglishtv
    @joeenglishtv 4 ปีที่แล้ว +34

    I re-watched this in Jan 2020 and it's still eye-opening.
    Mostly because you realise how GOVERNMENTS have DONE virtually NOTHING in the past years to counter-balance the impending dangers of this situation.

    • @garysmith7811
      @garysmith7811 4 ปีที่แล้ว +1

      Well all due respect mate but Jan 2020 was only like 3 weeks ago...

    • @tamradawn1732
      @tamradawn1732 4 ปีที่แล้ว +3

      And they won't do anything about it. Sad, but true. They like it just the way it is. Money for nothing. For the powers that shouldn't be. While making it a lot harder for us to get. Every day that goes by it gets worse. Everything going up but wages.

    • @qwerty1994ize
      @qwerty1994ize 4 ปีที่แล้ว +1

      Gary Smith 😹😹

    • @user-dz2hj6jo5h
      @user-dz2hj6jo5h 4 ปีที่แล้ว +1

      The governments are in on it. Ik in britain atleast many politicians are landlords too, which probably goes the same for most countries.

    • @dianathompson7597
      @dianathompson7597 4 ปีที่แล้ว +1

      Government is banksters owned

  • @topwiseentertainment6971
    @topwiseentertainment6971 5 ปีที่แล้ว +47

    "Give a man a gun he can rob a bank. GIve a man a bank he can rob the world. " I'm not sure who said that first but it is so true

    • @cjmitz
      @cjmitz 5 ปีที่แล้ว

      top comment said it :/

    • @dianebrady6784
      @dianebrady6784 5 ปีที่แล้ว +1

      Probably Rothschild

    • @topwiseentertainment6971
      @topwiseentertainment6971 5 ปีที่แล้ว

      @@cjmitz u idiot I'm sure he is not the author

    • @puffymuffin9064
      @puffymuffin9064 5 ปีที่แล้ว

      True

    • @pktdbgnzwl
      @pktdbgnzwl 4 ปีที่แล้ว

      yes! And remember this:
      You rob a bank using a gun and a note, you go to prison. You rob a bank using a pen you get a promotion and a €20millionen bonus !

  • @mehmetdoganozdemir6335
    @mehmetdoganozdemir6335 4 ปีที่แล้ว +396

    Coronavirus came in such a timely manner. It's really interesting. The world is gonna change quicker than we thought, that's for sure.

    • @poobyrooh07
      @poobyrooh07 4 ปีที่แล้ว +53

      it was organised

    • @James-mw7zv
      @James-mw7zv 4 ปีที่แล้ว +19

      But the effing Fed dumped trillions of fake money into the system. Powell should be locked up

    • @donvreeland8844
      @donvreeland8844 4 ปีที่แล้ว +11

      @@James-mw7zv Dumped trillions? Fake? What's the damage? That $1.5 T is going to help the economy. $1.2k helps (should be $15k). Send me your $1.2k and all your 'Fake cotton paper' with 'green ink...'
      Which Powell?

    • @oliviaortiz5157
      @oliviaortiz5157 4 ปีที่แล้ว +17

      Time for the seals of judgement to start being real dramatic in strength and DURATION!!! This world is about to start rocking!!!! Literally ANYONE THAT WANTS SAFETY BETTER GET UNDER THE ONLY COVERING THAT CAN KEEP US SAFE, JESUS CHRIST IS IT!!!🙏😇 I KNOW THE END TO THIS STORY😀😁🙏😇👍

    • @Keircomb181
      @Keircomb181 4 ปีที่แล้ว +3

      indeed, if it takes covid to land these bankers so be it.

  • @jonathaneffemey944
    @jonathaneffemey944 ปีที่แล้ว +2

    Thanks for posting

  • @silviall2535
    @silviall2535 4 ปีที่แล้ว +16

    Very informative and eye opening documentary. Thank you DW:

  • @KdKoala
    @KdKoala 3 ปีที่แล้ว +19

    Can we appreciate the hip-hop instrumentals running in the background? Good job DW ;)

  • @lass1234
    @lass1234 4 ปีที่แล้ว +125

    "Millionaires are pushed out by billionaires" sheesh-

    • @thekulture5168
      @thekulture5168 4 ปีที่แล้ว

      lass1234 🤣🤣🤣

    • @whodini2067
      @whodini2067 4 ปีที่แล้ว +1

      See now i need to crack that one startet to wrap my head around the millionaire and now there is 990x bigger problems to solve

    • @amypieterse3706
      @amypieterse3706 4 ปีที่แล้ว +3

      i wish i had those problems.....

    • @oliviaortiz5157
      @oliviaortiz5157 4 ปีที่แล้ว +1

      I know right, lol I thought that was a real JOKE 😁😀 but no one is laughing about it!! Much less us the little people ☹️😕

    • @oliviaortiz5157
      @oliviaortiz5157 4 ปีที่แล้ว +1

      @ -- You got a few Mills you want to unload😁

  • @ridhaapeters9040
    @ridhaapeters9040 2 ปีที่แล้ว +8

    Really interesting to find out what happens behind the scenes. Thank you DW!

  • @PUBG-qw5cq
    @PUBG-qw5cq 3 ปีที่แล้ว +13

    Best documentaries. Great job DW!

  • @alokkharkar
    @alokkharkar 7 ปีที่แล้ว +53

    Amazing documentary a must watch. A real eye opener.

  • @CrazyWatcher670
    @CrazyWatcher670 3 ปีที่แล้ว +37

    One thing I know for sure that when I decide to retire, I am gonna leave the city and go to countryside.

    • @amrutatre1809
      @amrutatre1809 3 ปีที่แล้ว +2

      Absolutely. The only way to save money. Insane expenses in cities just to get by.

    • @phuong2
      @phuong2 3 ปีที่แล้ว +1

      But then you loose the convenience and everything else the cities have to offer except traffic, pollution and loud noises- I guess it depends on the person lifestyles and needs. I can’t see myself or most definitely my husband in the countryside. We will be bored to death....

    • @CrazyWatcher670
      @CrazyWatcher670 3 ปีที่แล้ว +4

      @@phuong2 well that’s exactly someone seek at old age. They don’t go out every night. Buy groceries once a week and love a simple life reading books while listening to radio.

    • @czarquetzal8344
      @czarquetzal8344 3 ปีที่แล้ว +1

      @@phuong2 Lose not loose. The two words mean differently, hehehe 😂

    • @phuong2
      @phuong2 3 ปีที่แล้ว +1

      @@czarquetzal8344 I never get those 2right … thanks for the correction !

  • @kalonjeebless
    @kalonjeebless 2 ปีที่แล้ว +2

    Top notch documentary; THANK YOU DW for this great documentary.

  • @pedrocenteio6228
    @pedrocenteio6228 7 ปีที่แล้ว +201

    gates is not the wealthiest person neither is any of the people Forbes publishes

    • @necsolidanequeexpressa9567
      @necsolidanequeexpressa9567 6 ปีที่แล้ว +12

      Satoshi nakamoto is the richiest man perhaps. No wonder he wants to stay anonymous.

    • @diptarkadas5193
      @diptarkadas5193 6 ปีที่แล้ว +3

      Nah, Satoshi Nakamoto won't won a dime, thats the point of it

    • @youbellendcunt2636
      @youbellendcunt2636 6 ปีที่แล้ว +8

      they say these billionaires are billionaires, but i bet they couldn't draw it out the banks. so in reality, they only have what they spend each day, bill might only drink 1 coffee in the morning, thats like 30cents to make at home, then he might eat cereal=20cents, then he might go out in back of mercedez german car=20dollars+carbon footprint.

    • @billyj3842
      @billyj3842 6 ปีที่แล้ว +41

      Pedro Centeio technically its Jeff Bezos but realistically it's a rothschild or Rockafeller in all reality

    • @Truths206
      @Truths206 6 ปีที่แล้ว +26

      Pedro Centeio Rothschild. ..Rockefeller not billions they are worth trillions

  • @ceblsclinic5613
    @ceblsclinic5613 4 ปีที่แล้ว +130

    Interesting! Going to a bank (19:05) to ask what to do with one's money is like an antelope going to the crocodile to ask what to do with it's baby. In both cases, there will be plenty of tears, but on one side it will be "crocodile tears" for sure! :-)

    • @berkayakbey1080
      @berkayakbey1080 3 ปีที่แล้ว +3

      We call that “ tears of joy “

    • @shishyathwa
      @shishyathwa 3 ปีที่แล้ว

      In Sinhala language we also use this term. Crocodile=කිඹුල්
      tears= කදුළු while කිඹුල් කදුළු has the same meaning as crocodile tears.

  • @BrunoGuerreiroRodrigues
    @BrunoGuerreiroRodrigues 7 ปีที่แล้ว +80

    A sincere thank you! Extraordinary work presenting all this information so clearly to the public.

  • @nomaddave
    @nomaddave 3 ปีที่แล้ว

    Great documentary but it appears to be 4 years old. Is there an update to this? Did anything ever come of the effort in Switzerland that is mentioned in this documentary?

  • @ifitistobeitisuptome
    @ifitistobeitisuptome 4 ปีที่แล้ว +14

    Yup I couldn't of said it better myself 0:17
    'It can't go on forever, it's a ticking time bomb!'
    I absolutely agree, and as we are now another three years on from when this documentary was produced.
    I'd say we are getting very VERY close to the bomb going off!

  • @engdaa
    @engdaa 3 ปีที่แล้ว +55

    Thanks, DW for the unbiased and well-made documentary. It would be nice if you could update this taking the corona impact into consideration.

    • @DWDocumentary
      @DWDocumentary  3 ปีที่แล้ว +6

      Hi @engdaa, thanks for watching, sharing your thoughts and for your suggestion.

    • @travelmementoes
      @travelmementoes 3 ปีที่แล้ว +2

      Seconded.

    • @AlienLivesMatter
      @AlienLivesMatter 3 ปีที่แล้ว

      More of the same

  • @clementoseitano7568
    @clementoseitano7568 5 ปีที่แล้ว +9

    26:31, In my opinion, privatisation is good in some aspects, especially in agriculture and production of household products, but not when it takes over every industry like health, education, finance and most importantly, defence!

  • @lim8581
    @lim8581 ปีที่แล้ว +3

    "The Money Deluge" offers a thought-provoking glimpse into the complexities of our financial world. It's a wake-up call to the challenges and opportunities created by current monetary policies. Thank you for shedding light on this important issue.

  • @invaderzim1265
    @invaderzim1265 5 ปีที่แล้ว +50

    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
    -Benjamin Franklin
    1706 - 1790

    • @mudchair16
      @mudchair16 5 ปีที่แล้ว +3

      There's a problem... Franklin wasn't talking about real liberty. He was talking about the 'liberty' of the French Revolution. Moneylenders promote these Enlightenment ideas to the masses because it helps to keep them in power. Enticing people away from Catholicism/Orthodoxy is imperative because of their traditional teachings on usury -- it is emphatically condemned in the scriptures.

    • @human1513
      @human1513 5 ปีที่แล้ว +1

      You are good at posting quotes. Got any ideas, info of your own?

    • @marcokite
      @marcokite 5 ปีที่แล้ว +5

      er...Franklin owned slaves and his newspaper ran adverts for buying/selling slaves....yeah a great guy to talk about 'liberty', i wonder what Franklin 'deserved'?

  • @MrTynanDraper
    @MrTynanDraper 7 ปีที่แล้ว +32

    End fractdional reserve banking and end Government borrowing allowances. If government wants to spend in the future they must raise taxes to cover it. If banks want to lend out money. . they have to prove they have reserves to match the amount they are lending. Simple as that, and you have a stable system. Simple is more stable. . the complexity is where people make money and bubbles form.

    • @rsmith4339
      @rsmith4339 5 ปีที่แล้ว

      yes yes , and peace on earth , and an end to hunger , and no more mean people .

    • @JOSH2625
      @JOSH2625 5 ปีที่แล้ว

      making money out of nothing to make more money is not that complex.

    • @Wamsuo58u
      @Wamsuo58u 5 ปีที่แล้ว

      @@JOSH2625 it is for the unintelligent

  • @ksideth
    @ksideth 3 ปีที่แล้ว +156

    Really an eye opening video. The content should be made more available to wider audience so that they can be well informed and don't let important thing to be managed unknowingly others. Thanks DW.

    • @DWDocumentary
      @DWDocumentary  3 ปีที่แล้ว +16

      Thanks for your input, @Sideth Kang, we appreciate it! Also, thanks for watching and taking the time to comment. :-)

    • @aduiesingh3247
      @aduiesingh3247 3 ปีที่แล้ว

      @@DWDocumentary p

    • @thisman8256
      @thisman8256 2 ปีที่แล้ว

      @@DWDocumentary ilv sm

    • @Robholyoake3778
      @Robholyoake3778 2 ปีที่แล้ว

      @@DWDocumentary its even more worse now because the smoke screen the c v

    • @TheEquilibriumEffects
      @TheEquilibriumEffects 2 ปีที่แล้ว

      They would never show this on tv and I am surprised they dont take this down yet. The system want people to be slaves in the dark.

  • @uncontrollabledogs3791
    @uncontrollabledogs3791 3 ปีที่แล้ว +25

    A well-made video and a terribly sad commentary on the current banking system. Interest rates MUST be raised to stop the profligate borrowing. Savers are being screwed when they are responsible. higher taxes and more regulations are needed.
    I fear it's far too late to fix this. The greatest transfer of wealth has been occurring over the past several decades.

    • @drewjoaquin4761
      @drewjoaquin4761 2 ปีที่แล้ว +3

      current? Go watch Money Masters and Princes of Yen... this has been planned for centuries!

    • @TheAdamAdy
      @TheAdamAdy 11 หลายเดือนก่อน

      Higher taxes are not needed. We need smaller government, not bigger. Its a black hole for money.

  • @jaymorpheus11
    @jaymorpheus11 4 ปีที่แล้ว +8

    Flipping what was once affordable for a higher price should be more regulated when it comes to shelter.

  • @public.public
    @public.public 5 ปีที่แล้ว +34

    Austerity?
    rich people are a luxury WE can no longer afford.

    • @swojnowski453
      @swojnowski453 4 ปีที่แล้ว +1

      Which rich people? They should be described and named accurately. If something is not named it can't be acted on. One of the basic rules of solving a problem.

    • @kiwi123467
      @kiwi123467 4 ปีที่แล้ว

      Public Public with automation coming soon the slaves are no longer need expect a culling soon forced innoculations freedom of speech etc restricted

  • @DIVADUCHESSE
    @DIVADUCHESSE 4 ปีที่แล้ว +19

    Well, the big mistake made here is that - despite the given name - the National Bank is not National at all. It is a private owned bank...

    • @davisutton1
      @davisutton1 4 ปีที่แล้ว +2

      It's quasi governmental. the confusion is that the independence really is independence from political interference, but this is also suspect.

  • @koltoncrane3099
    @koltoncrane3099 3 ปีที่แล้ว +2

    Another issue is the federal reserve was never audited for their gold holdings even in the seventies. How can one trust the government?