@GEN

Look, I want to make a few things clear. There's a reason why history always repeats itself, it's because in many ways things don't really change, but the illusion does. Capitalism has its flaws, but it is undoubtedly the best system we have that can lift the most people out of poverty. That's why here on this channel, I advocate it's better to learn how money and power works, because that's how you also learn how to use it. It's not a defeatist mentality, it's reality.

So with that said, if you guys liked this video, you will like my free weekly newsletter that helps you get smarter  about money and power and I write about weekly topics that aren't big enough to make into a video. 🗞Sign up here: https://www.themoneytrails.com/

And also, our sponsors is what allows our channel to keep going, go to http://buyraycon.com/gen to get up to 15% off sitewide.

@PS3PCDJ

This is like the 50th once-in-a-lifetime event of my life, and I'm not even 30

@williamfoster2681

for big corporations, it's private gains & public losses. Carlin was right. It's a big club... and you ain't in it.

@BFRZ89

It doesn’t collapse overnight — it just quietly stops working for most people. And when that tipping point comes, people won’t riot — they’ll stop caring. And that’s worse.

@johnsherby9130

The fact that lobbying is allowed at all is utterly mind boggling to me

@itsjustme1616

I’m not a communist or a socialist, but my god I am getting tired of the corporate capitalism that has taken us over.

@wualli2494

Private equity sounds like such a sweet and innocent name. They were once called corporate raiders, which explains exactly what they are doing.

@sir_ivry692

"People are asking who is this economy is really built to protect." Its the rich. Its always been the rich

@sainttaint3585

PE is single-handedly responsible for the enshitification of everything

@ECOpocket

“I wake up every single night thinking, ‘What could I have done differently?’ This is a pain that will stay with me for the rest of my life.”
Once everything’s said and done, the words always sound deep like something out of a novel. But they pushed everything past the limit for profit, knowing the risks. So in the end, those poetic lines don’t really mean anything. They just sound good. Damages are done.

@financialstormYT

Private equity didn't kill the companies—it taught them to self-destruct for shareholder yield. The twist? The fuse was lit with debt and timed to maturity.

@Skillseboy1

I'm no economist, but a giant private fund able to borrow millions of dollars from a bank to buy a company sounds absolutely ridiculous.

@markwalks4205

You are right, it’s not gonna be like 2008. It’s gonna be like 1929

@bittertruth1208

US is capitalist for common people and socialist for corporates 😢😢

@joeshmo2232

There is only one prime conflict among humanity, the struggle between the few that have power, and the many that don't.   Every other conflict helps to distract the powerless from uniting against the powerful.

@BigAC7

I’ve never heard of of Jo-Ann stores, but it seems like they took pains not to be called “Joan”

@surfaceoftheoesj

America didn’t learn the lesson of 2008: when opaque financial empires leverage essential systems, the collapse isn’t just economic — it’s societal.

This time, when it breaks, there might not be a bailout big enough to put it back together.

@artemaparin465

1:09 not JONE fabrics lol😭 Jo-Ann has the - for a reason🤦🏼‍♂️

@Xero77

To go with what you said at the end there GEN. My favorite quote from a motivational poster.

“Ignorance. Because what you don’t know can still hurt you. A lot.”

@chargermopar

Never fear. 20 trillion of QE will be here later this year to bail out all the billionaires!