Yes I concur, I've been talking to an advisor for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’AILEEN GERTRUDE TIPPY” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

Absolutely

Absolutely not.

Agreed.

Absolutely by far absolutely by far. I think he just left the Clinton administration or I don’t know if he stayed on with the bush because by then I think we were just going down the tubes anyway with the tax cut the bus gave us and also.

Our man. Right up there along with Jon Stewart as far as 🧠, approachability,heart. To me, thank the gods for the older,wiser.... My old lady used to rant" wisdom is wasted on the old,cause no one will listen to you---- youth is wasted on the young." We used to roll our 👀 at her. Sorry mother. NEVER leave us sir Reich! ❤

Reich doesn't know the first thing about economics.

Really? Methinks it's more likely that the vast majority of Americans 'don't know their arse from their elbow' as the Irish would put it when it comes to the economy, let alone any details of it.

@@angelikalindenau943 Yes. Americans seem far more interested in LGBTQ and Mexicans 'taking over'...😂 Say what you will about the Republicans...they know their audience.

@@karlhungus545 Don't forget Hunter's laptop, lol . MTG carries around posters ....

​@@phillipellison4758 Yes. Who cares about that...distraction from the real issues...bread and circuses. She's a full-on nut.

Fantastic point. I share a similar fatigue and worry.

Am right behind you!

So the corporate giants stole money and other resources from United Staters in need just to spite the populace over their own bruised ego?

The young people aren't stepping up because they've seen that it doesn't work.

@@gurgleblurgle7345 it only doesn't work because not enough people are pushing a new agenda... a PEOPLE'S agenda. We can make it work; but democracy is not a spectator sport.

Nixon's administration is the womb from which modern day GOPs were born.

Robert puts out a lot of dangerous misinformation. Be careful.

The problem is that lots of people seem to think that because a stupid meme looks funny it must be more true then a lecture. You see that with the people who worship Musk's ridiculous tweets.

He is a fake economist.

​@@yourdaddy-mq4km And you thought Bork had good intentions and knew what he was talking about?

Reich lies by withholding information from you vote out handout Democrats before it's to late

@@yourdaddy-mq4km Did a MAGA Tool with a one year-old YT account call someone else a "fake"? Lol. Look in a mirror _if_ you own one, Sport...

It’s awfully big of Reich not to mention that fact. After the AG and the ASST AG refused, his old professor Bork DID agree with Nixon to fire the special investigator looking into Watergate situation. So … Bork would have helped make sure Nixon and the GOP evaded any responsibility for Watergate, and Bork agreed to hide crimes against the people of the United States committed by many of its most powerful officials. Yeah … just another gruf old prof. Bork should have been punished too.

@@JAI_8 not really, the video was about how the economy and thus the consumer by the anti-trust issues. That point is rather redundent. He mentioned him at all because he is the founder of the line of though, not because he was also a D*$&. Which he was.

@@DaleHartley I still disagree. As you correctly point out Bork is really only mentioned here because he is the founder of a line of thought which requires some explanation. And Professor Reich chose to supply us with some context for us about the man, which he didn’t necessarily need to do.. But I still maintain that once Reich chose to supply any context at all, it was KIND of Reich to supply us with personal context depicting Bork as merely a gruff professor of economics that he knew and studied with and even worked for, if briefly and seemingly a little reluctantly. But that being true then it’s also true that Reich could have quite justifiably reminded us that Bork was also a sinister reactionary conservative Republican ideologue and (and probable participant with Nixon in the the giant criminal Watergate conspiracy) who swore an oath and occupied what is supposed to be a non-partisan position in Justice when he was in line for the Attorney General position. And then used that position to help Nixon hide the Watergate crimes after two of Bork’s own superiors resigned in protest over the very thing Bork then blithely agreed to do seemingly without hesitation, perhaps out of misplaced loyalty, or maybe to advance his own career. Just look up Saturday Night Massacre, people. Lots of great stories for your entertainment and edification, from Nixon on down. The economic theories of the kind Bork proposes always seem to go hand in hand with the willingness always to choose the rich and the powerful and to rationalize their crimes over choosing the good of American people, or even the oaths that one has sworn. Personal loyalty to the rich and powerful over the constitution and the good of the country. Time and again. But Reich kindly omitted this huge moral lacuna on his old professor’s part. He is quite kind. In conclusion we should really just agree there’s no such thing as a simple “gruff old conservative U of Chicago-style economist”. They’re all ideological enablers of the criminal rich given the opportunity, just like Bork was.

@@JAI_8 you can disagree, BUT I would point out that following your own statements. " there’s no such thing as a simple “gruff old conservative U of Chicago-style economist”. They’re all ideological enablers of the criminal rich given the opportunity," it is redundant to further describe the man when the assumption is already figured in. He is also assuming that Bork is infamous enough to be known ( I knew the name, but then again I lived through the period) And that he simply wanted to include that he knew him personally and even worked with him. Plus, again I restate that it is not germane to this point of argument he was making...that the guy was the founder of this line of thought, and that THIS line of thought is illogical, and unsurportable through data. However, we are all free to have our own opinion, and you clearly have yours, whereas I have mine. I do not feel that it is needed information, and videos are not meant to be a complete class on an individual ( unless they specifically are). This topic was his ideas. You do back your info up well to understand, and thank you for your point of view.

​@@DaleHartleyBingo. To have brought that in would only have muddled the point.

Clinton is pretty darned conservative.

@@karlabritfeld7104I dont think OP is saying Hillary is progressive, nor good for that matter. God I hate that woman. OP is saying she doesn't surround herself with extremists nor had dictatorial aspirations, so wouldn't stack the courts with religious extremists.

​@cancerino666 why do you hate her, because she was a woman and a Democrat?

She certainly would have handled the pandemic better. We wouldn't have had the vacuum of leadership at the federal level and certainly not the politicization of the pandemic that the Republicans did.

We really do not know what Hillary Clinton actually would have done. Wh know what she said but almost no politician actually does what they say they will do. They all have hidden agendas snd are controlled by big money. As long as there is such a huge wealth gap between the rich and the rest of us, life is going to be hard. The system is built to make money for those who have it and to keep wages low to make more profit for those investors. It's build b to grow evermore conso.idated into fewer and fewer hands. The rich get richer and we work longer, harder for lesscspendable cash. That's the reality nomatter who we elect. The packed corrupt Supreme Court just speeds up the process of monopoly, inequality, privilege for the few and growing poverty.

Agreed! But it seems like all that money doesn't make them very happy. It's never enough, they always want more, more, more.

Your comment is THE one thing I do not understand about the rich, especially the super rich. If I had 100 million dollars in wealth, I would live VERY well. There would nothing I couldn't purchase. I could have servants, multiple houses around the world, cars, etc. I could own several, politicians. So why would I need more? More houses? More cars? more politicians? What would be the point? With 100 million I would already have EVERYTHING I could want and need including great power. Yet, people like Elon Musk are on their way toward becoming "Trillionaires!" CRAZY!!! If money is not used then why have it? There is a point where you cannot spend any more of your wealth if you already own hundreds of car (most of which you probably don't drive), dozens of houses, even art with its out-of-control prices. On top of that if your part of the super rich, you don't even have that much real money. It's all on paper only!!!!!!

Yes, they want all of it. They want your money.

​@@NicholeMichelleg The desire for more and more money is an addiction.

Probably so they can show off to their competitors as some strange kind of status symbol.

To be honest, it shows us that Mr Reich is a true fighter for the American people. Mr Reich is an extremely powerful man, he served at the highest levels of US government - and he’s verrrrry famous in that world . I am assuming he personally knows a lot of the biggest names in modern US history. Usually retired statesmen keep a low profile & stay in their comfortable power circles. Not Mr Reich (no way am I calling him by his first name lol, I cannot explain how VIP this guy is). He is here conversing with us in a way that doesn’t get him the kind of attention that writing fluff books does. There’s absolutely nothing surprising about him knowing Evil Bork, the shock is that he comes here every day with well researched, expertly analyzed info and starts important conversations. Thank you, Former Secretary! History will remember those who fought for the people & the US Constitution.

That is just the small world of people who are privileged to afford superior education.

It shows that students do not all buy what's offered as the definition of the issue. Long live the art of critical thinking, and the practice of voicing these thoughts.

Might be that they jumped up with such vigor that they bumped their heads?

@@angelikalindenau943 precisely

Democrats are a part of the problem. They are coming up with no solutions. Many in Congress are in the pockets of corporations.

Exactly!

Exactly. Weak and/or corporate Dems helped every step of the way. They're STILL helping, with Faux "bipartisanship", limited response to gerrymandering, and so 😊much more.

Democrat social programs have brought us a debt so big it defies belief because you won't pay enough taxes to pay for them our children will inherit a bankrupt shell of a nation because you won't pay enough taxes to pay for the cost of Democrat programs why is that why do Democrats hate our children

Our interest payments alone is over a half a trillion dollars our deficit spending and debt is at record levels our bond status has been for the first time ever been downgraded our children will inherit a bankrupt shell of a nation all because you won't pay enough taxes for the social programs Democrats want why is that

Yup. Civil war. Meanwhile they are keeping the military and the police well fed.

Don't need to imagine, it has happened now with Trump appointees. scotus can't even say the president can't kill someone without being charged.

Don't know if this is where those generations got it, but among older nerds, "borken" or "borked" was a common intentional typo for "broken"/"broked"

Millenial here~ was unfamiliar with this term, but thanks for sharing the definition and yes yes we very likely are unless things drastically change.

I’m 99% that’s not the origin, but I have been hating on Bork since the 90s, so let’s just update Wikipedia and make it happen 😂 (I kid, I kid…I work in a museum and think it’s hilarious to constantly threaten to change history but I would never…except for this Bork thing. At the time, we giggled a bit because Bork sounded like “bonk” & we loved that euphemism. We were very immature, don’t let Gen X fool ya now.

@@montananerd8244 Actually it sound like a portmanteau of Bonk and Pork.

Younger ones have no idea.

He’s not doing anything, it’s just for show.

​@@Nemesisnxtyou're just to stupid and closed minded to understand what he's done. Go out and buy yourself another red cap and some golden sneakers

Biden is also making us pay 5 Trillion in government programs either through taxes, or inflation....he's also letting everyone in the world invade our country....and he's also trying to destroy our energy independence......more harm than good don't you think

Crawl back in your hole.@@Nemesisnxt

First of all, Biden is not responsible for anything. He simply does what he is told. They done nothing for this country, they have only done things to it. Rest assured, they will get theirs.

Political power is measured in corporate dollars.

lol is it even possible without restructuring the country? The indigenous people whose reservation borders my town, the Crow/Apsaalooke, had consensus based representational democracy (consensus meaning 100% agreement at each level, from the band to the chiefly council, which covered most of WY and over half of MT, pre-invasion). They have said it would be impossible to re-implement in the modern world, and that’s their tribal government only, much less complex than say, the average US state election. Pure democracy means voting on every issue, doesn’t it? Also, Reich is a fan of the Bill of Rights, which include protections to prevent the majority from steamrolling.

Direct democracy is NOT a good thing.

Oh yeah that could be done in 2 or 3 minutes. Pffft

Yeah right. We can't even get more than 60 percent of eligible voters to participate in an election, or even less in primaries and local elections.

Reich usually always has the solution, in this video he is saying re-elected Biden as the solution. pffft In other videos he gave many good ideas, particularly most important is to repeal Citizens United, but of course that won't happen until scotus is changed, and he said to expand the court, which Biden did not do, so Biden failed, yet Reich want you to vote for him again, so he can fail again, and I didn't even mention genocide yet, oops I just did, Biden responsible for over 10,000 children slaughtered and he just gets a pass by Reich? fu The real solution is to break up the USA into smaller countries, like the west coast, the mid west, the east coast, the south and north, so we can start over. No more trillion dollar military budget or scotus or electoral college.

Its false information.

​@@yourdaddy-mq4km Does Jeff Bezos have you convinced that it's a good thing to suppress competition between businesses?

@@dominicfucinari1942 lol no

@@dominicfucinari1942 things like unions and government handouts stifle competition.

@@yourdaddy-mq4km Government handouts? A social safety net provides for some of people's basic needs, not a free Bentley.

That's what capitalism is. Greed.

Yes, I agree. However, the Scandinavian countries seem to have found a good balance between capitalism and socialism. Egads, I said that swear word---socialism. Forgive me---muwhahahaha! @@karlabritfeld7104

Capitalism leverages greed.

yes! @@Nemesisnxt

Are you sure you know what neoliberalism is? It isn't very liberal, or even that new.

Our economy is twenty six trillion dollars our debt is thirty four trillion dollars this is unsustainable pay your fair share of taxes for the handouts Reich wants and stop bankrupting our nation for our children

Will you send half your income to pay for the social programs Democrats want if not you than who

It's absolutely the United States fault. I'm from the US so I've been witnessing our imperial atrocities from inside the house.

Indeed, there are dozens of brands giving you the illusion of choices, but all owned by the same corporation. Horizon Hobby owns like 80% of all r/c hobby products with dozens of brand names, they even buying up chinese businesses (HobbyKing) us government ever stops them.