97% Owned: The Cruel Truth Behind Money Credit and Financial Crisis | ENDEVR Documentary

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ENDEVR

ENDEVR

3 жыл бұрын

97% Owned: The Cruel Truth Behind Money Credit and Financial Crisis | Business Documentary from 2012
When money drives almost all activity on the planet, it’s essential that we understand it. The documentary 97% Owned aims to answer questions like: Where does the money come from? Who creates it? Who decides how it gets used? And what does that mean for the millions of ordinary people who suffer when money and finance break down?
97% Owned reveals how the creation of credit and the mystery that surrounds it. The documentary goes at the root of our current social and economic crisis. Referring to the 97% of the world’s money supply that is represented by credit, this thought-provoking film presents serious research and verifiable evidence on our economic and financial system. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatized, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach. Fact-based and clearly explained, 97% Owned demonstrates how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.
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Пікірлер: 3 500
@rickmartin4444
@rickmartin4444 2 жыл бұрын
Tells you everything except for the one country which has the most stable system. During the collapse of 2008 instead of bailing out the banks, Denmark bailed out it's citizens and jailed the bankers. Now they enjoy being the most secure market and have the highest quality of living per capita. There is a solution.
@RussEastburn
@RussEastburn 3 жыл бұрын
I have less than 6 months to live. I need to say “Thanks” to those people responsible for pushing what society must see -this and other videos you’ve created over the years I’ve followed you the entire way. I’m 64 I wish I had more time to help. I’m terrified for the future of our species. George Carlin said it and now you all are in a more intelligent way. Stay vigilant never let up no matter what , do more if that’s possible. Never stop .. the tea must be thrown overboard.
@chestermandelbrot6903
@chestermandelbrot6903 3 жыл бұрын
If you don't have a seat at the table,
@BigTy369
@BigTy369
This is why it’s very important to teach your kids and grandkids the money is debt and debt is money and that you can use debt as money.
@raymondvaughn9723
@raymondvaughn9723 3 жыл бұрын
I wonder why KZfaq has not banned this since it speaks facts and truths
@games4fun749
@games4fun749 3 жыл бұрын
There is a reason they do not teach economics in schools .
@Jleighton3355
@Jleighton3355
I love watching and learning about economics and how it can run away from us! I've been researching all of these bubbles that governments and banks created for a while now and I'm just fascinated by it! This was definitely one of the better documentaries I've seen about it
@ExxonMobilCompany
@ExxonMobilCompany
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
@aquarian-talk
@aquarian-talk 3 жыл бұрын
A lot of people do not know or do not care about this. It is a sad reality. I feel that there is not enough people who are aware.
@kathybreneman7892
@kathybreneman7892 3 жыл бұрын
This is worth watching a second time! Great job! Who needs Hollywood???
@DrewJersey2024
@DrewJersey2024
Watching/learning about issues like this makes my blood boil, never fail
@allenjasson7551
@allenjasson7551 2 жыл бұрын
Three important things have happened 1: The economy is now "debt saturated"; a large portion of the community is at their debt limit - even Freedie Mac or Fannie May would refuse them a loan, those who still can borrow do not want to 2: the government is promoting debt by at least two means a) overpaying benefits then demanding immediate repayment - the Child benefit debacle was only one example and b) anyone wanting an education needs a loan to pay fees and 3: with the pandemic scam as an excuse the government has borrowed over £400bn on behalf of the public, most of which will find its way directly to those who will lend it to the government - the Banks. Criminals!
@stevezelev7008
@stevezelev7008 3 жыл бұрын
When you buy a house the money doesn't come from other depositors. The bank makes a digital entry and proof, the money is born. For that privilege you pay massive interest each month on that data entry. It is extraordinarily profitable to the bank and really a crime against you the borrower in that it is so onerous in its deceit and the wealth taken from you in the form of interest payments.
@satsudha53
@satsudha53 3 жыл бұрын
Three thing that is never thought by any one, including school.
@camman4033
@camman4033 2 жыл бұрын
Mike Maloney's Hidden Secrets of Money series explains this the best.He has been educating and warning populations for years about an imminent crash.
@emperorofpluto
@emperorofpluto Жыл бұрын
Bravo. Superlative analysis. Worked for two of the largest investment banks in the world (each the largest at the time I worked there) and in global financial markets during and after the GFC. Witnessed so many things.
@nicolejennings8389
@nicolejennings8389 3 жыл бұрын
What's disgraceful is that they let their average citizens get pressured and squeezed until they snap and go mad into the streets. Leaders should never let the frustration get to that point in the first place.
@danielwilhite7582
@danielwilhite7582 3 жыл бұрын
There's a reason our founding fathers was opposed to a central banking system!
@nordicbeauty373
@nordicbeauty373 2 жыл бұрын
It’s great to see this documentary. I’ve been warning family and friends about this since 1995. No one would listen to me back then, but now they see it for themselves and know it’s the TRUTH here in America.
@cryptocovered4729
@cryptocovered4729
"Fractional Reserves" is the biggest heist ever pulled...
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