The US stock market is in "the mother of all bubbles", with the market capitalization of publicly traded companies at 206% of GDP. This is higher than the dot-com bubble of 2000 and even the peak of the crash of 1929. Meanwhile, just 25 companies make up over half of the weight of the S&P 500, and the Magnificent 7 Big Tech monopolies are 35% of the market cap of the index. However, the US economy was built upon this financial house of cards, and politicians are profiting from it. Ben Norton explains the dangers. Topics 0:00 American exceptionalism 0:53 US stock market is over 60% of world 1:16 USA is 74% of MSCI World Index 2:10 Top 25 companies in world 3:29 Exorbitant privilege of US dollar 4:59 S&P 500 and Nasdaq indices 6:07 Magnificent 7 6:50 Just 25 companies make up 50.3% of S&P 500 8:26 Tesla is insanely overvalued 12:03 Big US companies are really financial firms 13:11 How to measure a bubble 14:15 Buffett Indicator (market cap to GDP) 15:57 Public & private equities to GDP 17:00 How the US government inflated the bubble 21:10 Richest 10% of Americans own 93% of stocks 22:23 Warren Buffett's warnings 23:56 Berkshire Hathaway dumps stocks 26:32 Jeff Bezos sells Amazon shares 27:22 Mark Zuckerberg sells Meta stocks 27:40 Elon Musk sold Tesla shares 28:08 The "greatest bubble in human history" 30:27 Alan Greenspan and "irrational exuberance" 31:16 Fears of "pent-up exuberance" 32:19 P/E ratios 33:41 Irrational investing 34:54 Donald Trump's tax cuts help the rich 37:54 Trump and Ronald Reagan 39:04 Trickle-down economics 41:16 Wall Street fills Trump's cabinet 42:02 Financialization of US economy 43:44 Will Trump reverse de-industrialization? 45:38 Real estate & homelessness 46:38 US dollar 47:34 Wall Street vs Main Street 49:06 Outro || Geopolitical Economy Report || Please consider supporting us at https://GeopoliticalEconomy.com/Support Patreon: https://Patreon.com/GeopoliticalEconomy Podcast: https://Soundcloud.com/GeopoliticalEconomy Newsletter: https://GeopoliticalEconomy.Substack.com
It's long I know but it's talking about how the stock market is in the Largest Bubble ever, more than the great depression and how the ultra wealthy are quietly selling off stock & buying govt bonds. It means they are waiting for it to burst. Meaning depression. But when? youtu.be/rguHublkxCQ?...
By @benjaminnorton.bsky.social youtu.be/rguHublkxCQ
There is nothing exceptional about the US economy. youtu.be/rguHublkxCQ?...
hey @whstancil.bsky.social heard you like graphs youtu.be/rguHublkxCQ?...
youtu.be/rguHublkxCQ?...
"The US stock market is in the biggest bubble in history. The entire economy is at risk." youtu.be/rguHublkxCQ?...
this is an an I nteresting analysis of the current US stock market bubble. youtu.be/rguHublkxCQ
youtube.com/watch?v=rguH...
The Plutocrats are everywhere m.youtube.com/watch?v=rguH...
www.youtube.com/watch?v=rguH...
The US stock market is in the biggest bubble in history. The entire economy is at risk. - YouTube www.youtube.com/watch?v=rguH...
Know who will be fine when the next crash happens? Congress. Both sides. Did they give up a thing when we lost homes, pensions, health and lives after each downturn? Ignoring their oath to the constitution and handing our country over to dot com kings is just another days work.
The US stock market is in the biggest bubble in history. The entire economy is at risk. 1/3 - 49 min youtu.be/rguHublkxCQ?...
Even though the 1% don't need a plan, they are hatching nefarious plans all the time. 2025 is looking a wee bit scary. Maybe we all should be making plans. Hope for the best, prepare for the worst. youtu.be/rguHublkxCQ?...
youtu.be/rguHublkxCQ
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