The Big Short Part 2, Wall Street Is At It Again!
This week on 51/49, James dives into how Wall Street cooked books led to the Financial Crisis and the Great Recession in 2007-2008, and how it could be happening again.
Based on Jon Schwarz and Ryan Grim's Intercept titled: The Bigger Short, Wall Street’s Cooked Books Fueled the Financial Crisis in 2008. It’s Happening Again.
0:00 Introduction
0:52 Recapping What Led to the 07-08 Financial Crisis
2:55 What Wall Street is Up To Today?
6:04 The Potential Consequences of Wall Street Gambling
7:29 Conclusion
51/49 with James Li - Commentary on business, politics, and the other things (from an independent perspective)
Follow James on Twitter: https://twitter.com/jamesccli/
Subreddit link: https://www.reddit.com/r/5149withJamesLi/
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Fair Use Notice: This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.
Видео The Big Short Part 2, Wall Street Is At It Again! канала 51-49 with James Li
Based on Jon Schwarz and Ryan Grim's Intercept titled: The Bigger Short, Wall Street’s Cooked Books Fueled the Financial Crisis in 2008. It’s Happening Again.
0:00 Introduction
0:52 Recapping What Led to the 07-08 Financial Crisis
2:55 What Wall Street is Up To Today?
6:04 The Potential Consequences of Wall Street Gambling
7:29 Conclusion
51/49 with James Li - Commentary on business, politics, and the other things (from an independent perspective)
Follow James on Twitter: https://twitter.com/jamesccli/
Subreddit link: https://www.reddit.com/r/5149withJamesLi/
-----
Fair Use Notice: This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.
Видео The Big Short Part 2, Wall Street Is At It Again! канала 51-49 with James Li
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