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that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. as suspend rolled over into the future you cannot create or destroy risk you can only move it around and if you can move it around successfully you become a billionaire i am going to take a break when i come back with more coming your way. this is a story of women women with troubled histories and complex court cases you know some of us did leave leave. out there. were not. the person that. the cheesiness of the day are considered the most dangerous of criminals she's in a still. all the off 23 hours of the day tell me that it's not enough and it. will do women on death row. is your media a reflection of reality. in a world transformed. what
that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. as suspend rolled over into the future...
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that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. it's just been rolled over into the future you cannot create or destroy risk you can only move it around and if you can move it around successfully you become a billionaire i am going to take a break when i come back much more coming your way. when alone being in peace is a knowing thought it sunk in for them they don't know if. the symbol of peace we've got 2 weeks time will tell me. something. that's. very uncertain. welcome the baby had a fever of 38 so point 30 we're hoping that's. all. i don't trust medical authority at all ever and the reason for that is i had this horrible autoimmune disorder growing up and it turns out it was comp
that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. it's just been rolled over into the...
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a larry summers right next to jeffrey epstein on the more ality scale and jamie diamond and a lloyd blankfein as well that's really they occupy that that position on the reprehensible ghoulish morality scale that for some reason our political class keeps digging out of the ground digging out of the swamp and giving some fora tea and political position to continue their financial. they're there are jihad against america well it's just pure ghoulishness their ghouls prey on the dead prey on the helpless prey on those who can't fight back prey on those who are not given agency these agencies of ours are put at the disposal of the sarasota larry summers who architected the system who behind the scenes everybody you know these are the architects the larry summers the jeffrey epstein's the ken lay's who are behind the scenes architect in the system and finally i want to say again here that the smartest guys in the room get bailed out all you idiots in imbeciles get all the toxic waste you will pay for their ballots oil bailout treasury secretary steven newson said he's considering creating a govern
a larry summers right next to jeffrey epstein on the more ality scale and jamie diamond and a lloyd blankfein as well that's really they occupy that that position on the reprehensible ghoulish morality scale that for some reason our political class keeps digging out of the ground digging out of the swamp and giving some fora tea and political position to continue their financial. they're there are jihad against america well it's just pure ghoulishness their ghouls prey on the dead prey on the...
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to stay even would be $50.00 an hour right it doesn't but jamie dimon makes a $1000000000.00 a lloyd blankfein makes a $1000000000.00 because they're adding some kind of incremental gain to the economy no they print to lots of money and they take a $100.00 and they give you one right now ok after 30 years of that and now suddenly the supply chains rents are up to it and you're 15 dollars an hour workers saying well we can't work because a covert 19 and by the way we're organized now and we're going to demand our rightful hourly wage which is closer to $50.00 an hour and based on your money supply that you've been warning yourself for 30 years i mean wall street can win every single time eventually some workers have to go to support in the american economy the american economy is not just by and for kleptocrats it's not by and for terrorists like jamie dimon there's labor and bothers people who work with people who have families our values are the american history the legacy that has to be respected at some point you simply can't throw the keys to a group of wall street charlatans and give them
to stay even would be $50.00 an hour right it doesn't but jamie dimon makes a $1000000000.00 a lloyd blankfein makes a $1000000000.00 because they're adding some kind of incremental gain to the economy no they print to lots of money and they take a $100.00 and they give you one right now ok after 30 years of that and now suddenly the supply chains rents are up to it and you're 15 dollars an hour workers saying well we can't work because a covert 19 and by the way we're organized now and we're...
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mortgage market we own 100 percent of the national debt call of travis bickle bonds or so it's like lloyd blankfein standing in the from the mirror saying we buy the bonds to buy from me you buy the buying from me about me you buy the boat from me travis bickle in debt pusher the new martin scorsese film on netflix or you know what i think we got to make a charles bronson remake of death wish and called debt wish i believe i've seen you working on that and speaking to a crazy director for are able able forus that he would direct me in debt wish and i'm the natural successor of charles bronson it's a vigilante banker dude in new york city it goes crazy and seeks justice is like occupy wall street meets godzilla but max in terms of these you know this mortgaging the future or at least that was a set of a future back in 2008 and there was a much more of a future back in 200-2001 during the dot com crash now it's like that the notion of having some sort of future becomes more and more precarious and like doubtful about whether or not this you know this empire debt can can sustain itself with more money
mortgage market we own 100 percent of the national debt call of travis bickle bonds or so it's like lloyd blankfein standing in the from the mirror saying we buy the bonds to buy from me you buy the buying from me about me you buy the boat from me travis bickle in debt pusher the new martin scorsese film on netflix or you know what i think we got to make a charles bronson remake of death wish and called debt wish i believe i've seen you working on that and speaking to a crazy director for are...
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would have told you this entire time that these people are not divine jamie diamond is not divine lloyd blankfein said he was doing god's work he is not divine those people are not billionaires because they are divine is somehow better than you you have been subsidizing it you have been subsidizing it people who pay taxes who work in this economy who who are the essential workers have been paying and i'll show you in these 2 charts here here is the total household net worth of the united states measured in ounces of gold rather than dollars over the past 50 years and as you can see it went down from when we went off the gold standard 1071 and then it went up a bit during the dot com era that did expand some of the wealth to ordinary people who are holding shares in their schwab accounts and their various other online accounts and now it's just sunk but in dollar terms this is the same chart they give you the illusion you the illusion the one that is working harder and harder to stay the same place they give you the illusion that you're actually getting wealthier and this is all good for you right
would have told you this entire time that these people are not divine jamie diamond is not divine lloyd blankfein said he was doing god's work he is not divine those people are not billionaires because they are divine is somehow better than you you have been subsidizing it you have been subsidizing it people who pay taxes who work in this economy who who are the essential workers have been paying and i'll show you in these 2 charts here here is the total household net worth of the united states...
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that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. it's just been rolled over into the future you cannot create or destroy risk you can only move it around and if you can move it around successfully you become a billionaire i am going to take a break when i come back much more coming your way. city on. how. when you know they need this is a no fly zone considering they don't know it but i mean does. love the. missing mom of the sweet gone to me i'm a strong enough sharing don't you think some emotions are. very uncertain. business is hard. and the baby had a fever of 380.30 we're hoping that's. ok . with the coronavirus now officially declared a pen demick the world faces the additional burde
that economy laden with this debt to pay off all that risk taken by the likes of jamie dimon lloyd blankfein every single hedge fund now and and private equity guy on wall street yes it will be a permanent weight on the economy for. the subsequent generations who will have to live under the enormous cloud of having debt 2 to 300 percent of g.d.p. making it virtually impossible to compete we can only marginally survive as you said risk doesn't disappear. it's just been rolled over into the...
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parade of hugo maniacs and plunderers like are no l b m h or jamie diamond or lloyd blankfein to a sente and consciousness around altruism and love i mean this is the ushering in of the law is the big coin transformation singularity will you talk about that i'll think it may still and i said that that was sort of a signal to for the end of that regime yet the thing that we've seen over the past . 10 years has been fracking that was also a real substance you can't have g.d.p. growth you can't have an economy without energy you need energy as an input to develop goods and services around the world and yet here something real met the enormity of the fake mess right the end. where. it never made money ok fracking never ever made money and wasn't making money at $100.00 a barrel it certainly wasn't making money at $10.00 a barrel you're starting to see companies like whiting huge fracking outfits go bust so you're starting to see that but the other number that was interesting is you know people kept pouring money into it like investors kept pouring money into it even though it was never makin
parade of hugo maniacs and plunderers like are no l b m h or jamie diamond or lloyd blankfein to a sente and consciousness around altruism and love i mean this is the ushering in of the law is the big coin transformation singularity will you talk about that i'll think it may still and i said that that was sort of a signal to for the end of that regime yet the thing that we've seen over the past . 10 years has been fracking that was also a real substance you can't have g.d.p. growth you can't...
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yesterday lloyd blankfein wrote, been quarantined with my wife for four weeks now. than by a crummy virus. so in terms of the disconnect, isn't it deeply set in who we are socio economically? >> i think so. we have historic levels of inequality, wealth inequality. our lives are siloed. we're segregated. you have hyperconcentrations of poverty. gated communities. you have the 1% and the top 0.1% living in a world that is completely foreign to the majority of americans. you have people keeping track of what's going on on wall street in their 401(k)s when a large number of americans have no idea what wall street means for their everyday lives. in some ways, stephanie, we have experienced what paul krugman calls a kind of learned helplessness when it comes to using government for the good. we have to understand that government can provide the background conditions for a genuinely shai lly shared form . but when we have conditions where people are struggling to put food on the table, struggling to keep a roof over their heads. in some ways living in a society that's driv
yesterday lloyd blankfein wrote, been quarantined with my wife for four weeks now. than by a crummy virus. so in terms of the disconnect, isn't it deeply set in who we are socio economically? >> i think so. we have historic levels of inequality, wealth inequality. our lives are siloed. we're segregated. you have hyperconcentrations of poverty. gated communities. you have the 1% and the top 0.1% living in a world that is completely foreign to the majority of americans. you have people...