Clarke and Dawe - European Debt Crisis

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Clarke and Dawe - European Debt Crisis

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14 жыл бұрын

www.mrjohnclark... "Roger, Financial Consultant" Originally aired on ABC 7:30 Report, 20/05/2010
World Economy Explained

Пікірлер: 660

@RexMundi_UTC Жыл бұрын

2022 and Clark and Dawe are still relevant. Love it.

@ehochmuephi8219 Жыл бұрын

Why do I have the feeling this will always be relevant ...

@MrProthall Жыл бұрын

Imaginary money system hasn't changed after all. Everyone starts at 0 money. How do you HAVE money in a system like that? Someone else has to go into debt and give you money.

@jamieteal2107 10 ай бұрын

@@ehochmuephi8219because you’re spot on

@rostrt 6 ай бұрын

2024 and Clark and Dawe are still relevant. Love it.

@TheTessEffect 8 жыл бұрын

"That's what I'm asking you!" "Correct." 😂😂😂😂😂😂😂💀

@nukeclears 9 жыл бұрын

"Because it's owned by China" Flipping genius

@TankEnMate 8 жыл бұрын

+Nukeclears And now we need a version for the US hobbling along because of China's debt problems.

@OlaNordmann123 7 жыл бұрын

Vote Trump :)

@rlgaccidentz 7 жыл бұрын

And true.

@00BillyTorontoBill 6 жыл бұрын

just checked...Germany #1 export destination =USA ...#4 China

@andrea-pq5yz 6 жыл бұрын

what it means

@johnkilian3288 9 жыл бұрын

Classic. Clarke and Dawe nailed it 5 years ago and nothing really has changed.

@bikeaddictbp 4 жыл бұрын

And ... still true in 2020, with an infectious virus making it even worse. And ... Clarke and Dawe have the answer to paying for that, too! kzfaq.info/get/bejne/oJhxqbhjyMy8gp8.html

@johnkilian3288 4 жыл бұрын

@@bikeaddictbp Simply genius were Clarke and Dawe. And I suspect that 5.10, 20 years from now, their knowledge and wit will still be applicable.

@ManuelBTC21 3 жыл бұрын

What's changed is that the debt is even larger.

@ydfhlx5923 3 жыл бұрын

5 more years have passed and still no thing has chaged

@Showmetheevidence- 3 жыл бұрын

2021…. Nothing else has changed.

@johnnybro13 7 жыл бұрын

RIP mr. Clarke you are missed

@burnsloads 4 жыл бұрын

He died of a heart attack while climbing Mt. Abrupt. You know he would appreciate the humor in that.

@MichelleWardley 3 жыл бұрын

@@burnsloads gold

@DavidPruitt 3 жыл бұрын

I never could figure out how countries constantly get screwed over by lending to others. And now here in two minutes I see how ridiculous and stupid the system really is.

@SilentHotdog28 Жыл бұрын

Apparently Italy and Spain owe each other money......I'm still not sure of the specifics, but wouldn't it make sense for each of them to wave the same amount, then there is a small sum for one country to owe the other?

@Ebonybootysmackerfromjotunheim Жыл бұрын

@@SilentHotdog28 if they paid each other back they wouldn’t be in debt and people would be asking to borrow money they don’t have

@SilentHotdog28 Жыл бұрын

@@Ebonybootysmackerfromjotunheim I'm not the smartest person, so I struggle to understand how it all works.

@LodgicalThoughts Жыл бұрын

@@SilentHotdog28 ray dalio does a great video on explaining the debt based economy

@_therestlessbandit 10 ай бұрын

Countries didn't lend money to other countries. It was the central bank. That's why they brought the EURO in. No one gets it, not even you.

@francisd2386 9 жыл бұрын

"Since the war" may be a cynic poke at how the UK never really got back up after WW2, love it. This one is perhaps the funniest they made.

@epiendless1128 5 жыл бұрын

I suppose that would be due to all the money America lent us during the War..

@phaturtha216 5 жыл бұрын

It's about war being good for financiers. An incentive, if you will.

@fishyc150 4 жыл бұрын

I dont think so at all. Hes implying that since the war European states havnt been taking financial advice. If they had they wouldnt be in this mess. Nothing to do with any specific country.

4 жыл бұрын

@@fishyc150 Shut the fuck up dimwit.

@alexkfridges 4 жыл бұрын

@@fishyc150 nope

@Pendreic Жыл бұрын

Reporting in from the end of 2022. Still relevant. Still hilarious. Still ignored by news media.

@garethhowells9784 4 жыл бұрын

"Fair enough" The way in which he delivers such simple lines is fucking hilarious.

@arthurcolle2778 4 жыл бұрын

10 years later: ha ha money printer go brrrrrrrrrrttt

@blah596 9 ай бұрын

13 years and this is still as funny and relevant as ever... Bittersweet...

@SovereignServices 5 жыл бұрын

Who the hell is here in 2019 and just laughing at how comically correct this is still today. Getting worse BTW. House of Cards will be crumbling soon.

@moldovancrisis5482 5 жыл бұрын

Best summation of financial markets I've ever seen.

@StellaAsh 5 жыл бұрын

....they've been telling us that for years, the Criminal Central Banksters will sort the mess to their own advantage and it'll be the little people taxpayers that will pay for it for generations to come by getting poorer and poorer and poorer.......if you watch this you will know more than a million others: kzfaq.info/get/bejne/osiRpc2hr863fKs.html

@frednutz1604 4 жыл бұрын

@@StellaAsh And with the Royal Commission findings it's been proved that the big banks cannot be trusted.

@dennym6270 4 жыл бұрын

How’s that all going for ya now Stella hahah

@truth135 4 жыл бұрын

Bunch of scummy bankers think they're geniuses stealing from american people and then cry for help when they need some help, and the fuckin government gives it to them.

@squiddie96 10 жыл бұрын

"Sell everything immediately... quickly..."

@rahraider 2 жыл бұрын

Watching this in 2022, still champagne comedy! 🍾

@brandonthetford7295 2 жыл бұрын

Correct!

@trishc9200 Жыл бұрын

Ha ha ha - yes! And now they're planning to do it with electricity!

@gmatic8230 Жыл бұрын

I come back to this video once every year. Gets more and more relevant. SPEND BABY SPEND!!!

@nathancloke8970 Жыл бұрын

How and Why have I not come across these guys in 39 years !?!?!? Brilliant !!!

@martyjb11 11 жыл бұрын

I had to explain the Euro-crisis at uni today. This video worked a treat!

@octanewhale7542 3 жыл бұрын

@Tim Loves Bacon HAHAHAHA responding to people 7 years later fucking hilarious

@Slamdick Жыл бұрын

@@octanewhale7542 😂😂 responding 2 years later.. respond back in 5 years??

@JimOHalloran 4 жыл бұрын

Here because of KZfaq recommendations... Rest In Peace Mr Clarke. I do wonder what you would make of the mess we're in now though.

@wfermier 6 ай бұрын

I first saw this 13 years ago and I still get a chuckle out of it. I miss these guys!

@AleksPTA Жыл бұрын

This video could have been made yesterday and still be on point

@ryanwporter 9 жыл бұрын

This is one of my favorite Clarke and Dawe's. HENIUS! Correct.

@christophermarshall527 11 ай бұрын

More relevant than ever as the amounts get ever higher!!

@ianfitchett2768 11 ай бұрын

Never heard of this before and it's crazy to think this is 13 years old

@MrJaspett 2 жыл бұрын

Lovely, the icing on the cake being the advert after this pushing a currency trading course.

@ponder2006 8 жыл бұрын

"Hang on a minute what was the answer to the earlier question" baahahahaha

@ShanesAutos 2 жыл бұрын

The answer is in the Narnia cupboard written on a piece of paper in a box beside the Unicorn.

@liamodell7191 Жыл бұрын

This was the first skit I seen them do back in the day and I instantly fell in love with their comedy. However, what they were saying then is still true today.

@michaelturner8634 6 жыл бұрын

Yes Minister and Clarke,Dawe can make sense of these complex systems

@markanderson3935 7 жыл бұрын

R.I.P John Clarke. Always good for a laugh.

@planchetflaw 3 жыл бұрын

A joke that becomes more relevant as time goes on is a true sign of how great it is.

@MatthewKennedy10 11 жыл бұрын

1:59 "That's what I'm asking you!" "Correct"

@octanewhale7542 3 жыл бұрын

Are you alive ?

@djblc2201 2 жыл бұрын

Who’s here in 2022 and it’s worse than we ever thought ? CORRECT !

@hansgul8923 2 жыл бұрын

Only lost a million dollars? And that’s quite good isn’t it? Sell immediately! 😂😂😂

@awddfg 4 жыл бұрын

*_"Because it's owned by china"_* *_Well, it's true._*

@Xavura 11 жыл бұрын

This is honestly the funniest thing I've seen all year, thank you.

@octanewhale7542 3 жыл бұрын

Sup

@decare696 5 ай бұрын

"That's what I'm asking you! - Correct."😂😂😂

@scotthermann4079 7 жыл бұрын

RIP you legend

@Athie0 Жыл бұрын

Brilliant on point... 12 twelves year later on. The new software on the bad hardware didn't work out.

@denopellegrino7326 4 жыл бұрын

I saw this back in the day and it still apply today, great stuff..

@GaTiger11 12 жыл бұрын

"Aaaaaannnnnnd it's gone!"-----Banker Man on South Park

@arniet1 5 жыл бұрын

ha ha. brilliant. You've got to love these two. Sarcastic wit. Spot on

@lindahare-jay3966 3 жыл бұрын

They nailed it. This is 2021

@billkingston4402 3 жыл бұрын

Brilliant, greetings from Ireland

@vernonhill7438 7 жыл бұрын

Rest In Peace legend 😭

@MrTorcida1976 7 жыл бұрын

Lost a gem in the passing of John Clarke :( No doubt making the Big Man upstairs laugh with his witty charm....

@maxkeiser4835 7 жыл бұрын

these guys are pure class !

@beijingbond 3 жыл бұрын

I'm new to these two. They are brilliant.

@Reilove1 9 ай бұрын

This is extremely relevant today.

@37Dionysos 3 жыл бұрын

"Bit of a lolly-scramble, Brian!" "Correct."

@Mr0o0o0o0o0o0o0o0 3 жыл бұрын

I like the spain italy cirkle most, like why keep the dept if the other party also owe you.?...

@splinter1012 Жыл бұрын

2022 and how the heck is this still so relevant and applicable eh?!

@fullborev8906 4 жыл бұрын

Well, it's absolutely true. Except that now, it's far beyond just the U.S. economy. RIP Clarke.

@michaeljones6832 3 жыл бұрын

Fuck i miss these guys. Def in my top 10 comedy of all time

@mikeoz4803 2 жыл бұрын

I miss these hard hitting, honest video's. Just fake news propaganda now

@padstowphantom 3 жыл бұрын

Used enjoy watching these guys on Thursday nights. Sometimes they were subtle with a feather light touch. Other times as subtle as a sledgehammer. 😂 And it's my turn to ride the bike.

@LibertyDownUnder 12 жыл бұрын

The "loans" issued between central banks are not really loans. The European central bank prints money and "lends" at very low interest rates (almost 0%) to Governments in Europe. This way everyone can be in debt to everyone else, but no one really had the money to lend out in the beggining. The price is paid by European savers, who lose the purchasing power of their money and are forced into speculation on the share market, property etc. It's all basically a legal form of counterfitting.

@CIARUNSITE Жыл бұрын

When the government does it it's not illegal is basically the only guiding principle of these so called democracies.

@DuckReach432 Жыл бұрын

If you steal a million, you go to jail. If you steal a trillion, you get a seat at the table.

@MrDwibbley 2 жыл бұрын

One of my favourite

@robertwhite2449 5 жыл бұрын

Brilliant. Still just as applicable today. One of the better arguments for Brexit ..

@GCEXTREMEMN 3 жыл бұрын

What's wrong with the European economy? The front fell off.

@toriinprogress 13 жыл бұрын

I needed a good laugh after class today and this did the job. A sad state we are in, but ya gotta be able to laugh at it. What else can you do?

@user-lf5hh4fw1j 5 ай бұрын

Absolutely love this guys eyes and laugh. There's so much expression en mischief in his eyes

@Showmetheevidence- 3 жыл бұрын

These guys are great. So insightful :)

@frankstock2 3 жыл бұрын

You guys are a class act, put a smile on my face! takes me back to Abbott and Costello, the Marx brothers...well you know, all the best from a fan in Canada.

@harfast10 3 жыл бұрын

Would that be Tony Abbott and Peter Costello?

@4Dada 13 жыл бұрын

A mite sad when comedians tell more truth than the journos! Keep it coming Clarke and Dawe!

@426LV 10 жыл бұрын

2014 and this problem is still going on.

@eagleartillery1361 7 жыл бұрын

2016 and the bubble is still getting biger and biger

@danoconnor6272 7 жыл бұрын

Bruh it's 2017

@slick2517 6 жыл бұрын

2018

@hmmmmm456 5 жыл бұрын

2019

@joejingojack 5 жыл бұрын

Booom!!

@CelticSaint 13 жыл бұрын

Just keep answering the questions Roger! lol

@PaulTheadra Жыл бұрын

I'm dying laughing, still relevant in 2023

@Lorgar64 Жыл бұрын

My country (England) back in 1971: "Hey so, what if as a rule we just spent more money than we have, forever?"

@jamesmags 3 жыл бұрын

This is great to watch right after buying Gamestop shares.

@joeyf504327 9 ай бұрын

we need new comedians who are educated and correctly understand the absolute non-sense going in the world gov't and the balls to call the bull sh!t out

@ThomasTheRockStar 2 жыл бұрын

WE DID NOT HEED THEIR WARNING

@cambsfarmer 11 ай бұрын

And that's the best description of why the euro will eventually fail

@teedee6176 4 жыл бұрын

Here in 2020 from Maneco64. Absolutely brilliant video!

@TheJameswaugh 4 жыл бұрын

THIS IS SO RELEVANT IN 2020 LOL. "because it's owned by China"

@matthillfromcollege4109 3 жыл бұрын

How is it more relevant in 2020

@shanekilpatrick3378 Жыл бұрын

They crack me up every time 😂

@supernutkin5122 2 жыл бұрын

So true even today, June 2022 .....

@haroldmclean3755 3 жыл бұрын

Clarke & Dawe were the Greatest 👍 Sell everything immediately

@tovsteh 12 жыл бұрын

It said: "you can skip this ad in..." and the timer was as long as the commercial. >:(

@Smoke-Plays Жыл бұрын

This is brilliant

@okcantbelieveit294 3 жыл бұрын

And now eleven years on ,with quantitive easing , calculators can’t add up the amounts owing. 😳

@murraystewartj 2 жыл бұрын

2021 and this is still current. Wasn't it Einstein who said that the definition of insanity was repeatedly trying the same thing yet expecting different results?

@earlgraystoke3883 8 жыл бұрын

"Who's on first?"

@joekerr3638 3 жыл бұрын

Correct

@MHBGT 4 жыл бұрын

2020... Still relevant.

@Mechness 13 жыл бұрын

@MarshallBF Did you watch the video? It specifically covers Italy and Spain owing to each other... No country has zero national debt and in fact debt has been far, far higher in the past. The real issue is a sudden aversion to borrowing which has destroyed market confidence and stalled the world economy. WRT Eurozone debt... if one Eurozone country owes euros to another, this has zero net effect on total Eurozone liabilites. They "spent their loans", but the money still exists somewhere.

@TrascyJaac 3 жыл бұрын

NZ still loves you Fred!

@Ozziemick Жыл бұрын

Lol love it. Sharp wit both of them 😂😂😂😂

@godzillafelis1904 5 ай бұрын

Very well done

@charlesconnelly9235 Жыл бұрын

2022 now, still relevant AF

@MattyI971 2 жыл бұрын

2022 !

@iGameHack 12 жыл бұрын

Roger is my new God.

@seanjoseph8637 5 жыл бұрын

Out now!

@Denethorable 12 жыл бұрын

I live in England, I'll give you a quick rundown of the situation here. We're fucked.

@alexis_electronic 4 жыл бұрын

This aged like fine wine - we've all only gotten more fucked.

@lauriewise6271 11 ай бұрын

these guys are the best. I have heard more truth from these guys in minutes than you will ever hear out of a politicians mouth

@leandergrandce 3 жыл бұрын

10 years later.............have we learned anything?

@rssvss 4 ай бұрын

Roger done figured it out.. put Roger in charge. 😅

@TheVanderbar 6 жыл бұрын

Why is this not more popular! This is fucking awesome!

@Macro105 3 жыл бұрын

Fuck I forgot these guys exist. Awesome.

@thewulfone 12 жыл бұрын

Same thing here in the US. It hurts more than just savers. Low wage earners, which with inflation wages should go up, but the corporations don't like that. It hurts people on fixed incomes (social security), welfare and so on. But same thing here.

@leepialong 11 жыл бұрын

not quite, if you include the total debt, mortgage, student load, personal, state/local debt and few other debts. we have around 225+ Trillions dollars