Financial Regulation Video

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TO CALL IT QUITS -- ...
TO CALL IT QUITS -- OR, SOMEONE ELSE CALLS IT QUITS? FOR THEM IF U KNOW WHAT I MEAN. IN ALMOST ALL CASES, WHERE DO THESE PPL GO? COMPETITORS? NOT UNLESS THEY GOT OFFERED HIGHER PAY. FOR THE BURNOUTS/LAYOFFS (AGAIN, MOST), THEY DO SOME SIGNIFICANTLY s**tTIER JOB WITH LIKE HALF PAY LIKE BE AN ACCOUNTANT OR SOMETHING. WALL STREET = POOR COMPARED TO COMMERCIAL REAL ESTATE DEVELOPERS / TIER 1 ENTREPRENEURS. THE IDEA OF 'OWNING' THINGS.

PROPERTY, YOU'VE ...
PROPERTY, YOU'VE MADE IT. PPL ON WALL STREET, COMPARED TO THE GENERAL PERCEPTION, MAKE NOTHING. $150K FOR AN ANALYST - 40% - MANHATTAN RENT - MANHATTAN UHH RECREATION - MANHATTAN FOOD = LIKE NOTHING. AND THESE PPL WORK AT LEAST 14 HOURS A DAY. AND MOST -- YES MOST -- EITHER BURN OUT WITHIN 4? YEARS OR THEY FALL WITHIN THE 'JOB CUTS' CATEGORY. AND A LOT ARE FULLY AWARE OF THIS, SO EVEN THE NOT-SO-MUCH MONEY THAT THEY HAVE LEFT OVER IS MONEY THAT THEY GOTTA SAVE IN THE EVENT THAT THEY COME

INVESTING? IN THE ...
INVESTING? IN THE MARKET (STOCK MARKET) IS SOMETHING I WOULDN'T DO. IM A COMMERCIAL REAL ESTATE DEVELOPER. ON A BASIC LEVEL, WHEN INVEST IN LAND- ACTUALLY IM GUNNA GET CARRIED AWAY WITH THIS SO ILL LEAVE IT AT THAT. PPL WHO OWN PROPERTY -- EVEN IF ITS SOME APARTMENT OR CONDO IN SOME s**tTY AREA -- THAT IS GUARANTEED CASH FLOW (PPL RENTING IT OUT; WHAT Y-O-U OWN) AND IF YOU OWN MULTIPLE -- WELL, LETS JUST SAY YOU COULD BE SLEEPING AT NIGHT AND BE GENERATING MONEY. ONCE YOU START OWNING

UROPE ARE KICKING ...
UROPE ARE KICKING THEMSELVES IN THE BUTT. THE PRINCIPAL REASON WHY CHINA WAS BOOMING IS NOT BC OF INNOVATION (THEY HAVE 0 I JUST DEMONSTRATED WHY). IT WAS BC OF 'CHEAP LABOR' 'CHEAP LABOR' WHAT WILL BE THE? ACHILLES HEEL FOR THAT ECONOMY IS IF/WHEN THOSE FACTORY WORKERS COLLECTIVELY SAY: "THIS IS BULLs**t. I WANT WHAT AMERICANS WANNA GET PAID." WHAT WOULD HAPPEN THEN IS THE MANUFACTURING JOBS WOULD GO BACK TO THE U.S (COMPANIES HAVING TO PAY SIGNIFICANTLY MORE OF COURSE) I COULD SAY MORE

T EXAMPLE. IF UR ...
T EXAMPLE. IF UR MAKING APPLE PRODUCTS, AND IT'S BEING SOLD IN CHINA, APPLE'S BOTTOM LINE SHOULD GO UP. NOW, WHEN YOU HAVE A FAKE APPLE PRODUCT, THAT DOESN'T DO ANYTHING; DOESN'T DO s**t FOR APPLE (HENCE THE U.S ECONOMY. AND THE KIND OF MONEY WE NEED IS MONEY F-R-O-M OTHER COUNTRIES). PIRACY IS A BIG f**kING PROBLEM. AND AGAIN: VIRTUALLY NO REGULATIONS IN CHINA. SO IT'S? RAMPANT. YOU WANNA INVEST IN A COUNTRY LIKE THAT? NOT ME. IF I EVER DO IT'S NOT BC CHINA IS HOT s**t; IT'S BC US AND E

ASIAN COMPANY COMES ...
ASIAN COMPANY COMES ALONG, TOTALLY BITES-OFF THAT IDEA; ESSENTIALLY MAKING IT A REPLICATE THE ONLY DIFFERENCE BEING YOU GOT AN ASIAN NAME LIKE 'BAIDU' NOT WHAT IT SHOULD BE 'BITE-OFF-OF-GOOGLE' THE? MOST PROFOUND PRODUCTS AND SERVICES THAT HAS COME OUT FOR DECADES HAS ALWAYS BEEN FROM ONE CONTINENT: THE U.S OF A. THE "CURRENCY MANIPULATING" THING IS WAY OVERBLOWN AND OVERSTATED. QE 1 2 ETC. CAN BE ARGUED AS CURRENCY MANIPULATING. WHAT IS SERIOUS, HOWEVER, IS PIRACY. AND THAT'S ANOTHER GREA

REGULATED, YOU CAN ...
REGULATED, YOU CAN REST ASSURED THAT YOUR MONEY IS BEING INVESTED AND YOU WON'T GET ANY UNEXPECTED CURVE BALLS THROWN AT YOU (OTHER? THAN MARKET/EVENT RISK ETC. ETC. OF COURSE) THAT'S WHY YOU DON'T INVEST IN CHINA. AND LOOK AT CHINA -- THERE'S A COMPANY CALLED 'BAIDU'. THAT IS ESSENTIALLY A COMPLETE COMPLETE COMPLETE BITEOFF OF GOOGLE AND BING. HERE'S WHAT HAPPENS: AN AMERICAN INNOVATOR COMES ALONG (OPERATING WITHIN AMERICAN GUIDELINES). HE CREATES THE 'NEXT GREAT THING'. OK? THEN SOME

TAKING A BIG RISK. ...
TAKING A BIG RISK. FOR EXAMPLE: IF U INVESTED IN COMPANY ABC AND ALL THE HEADLINES? AND REPORTS ARE THAT ABC IS THE BEST COMPANY ON THE FACE OF THE PLANET, AND ONE DAY, OUT OF NOWHERE, U FIND OUT THAT COMPANY ABC IS CHAPTER 7 BANKRUPTCY, YOU CAN'T REALLY GO: "WHAT THE f**k?!" WHEN YOU INVEST IN ANYTHING THAT IS LIGHTLY OR EVEN MODERATELY REGULATED, YOU HAVE NO IDEA WTF IS HAPPENING TO UR MONEY; YOU HAVE NO IDEA WHERE IT'S GOING. CONVERSELY, IF YOU KNOW THAT THE COUNTRY YOU INVEST IN IS TIGHTLY

THAT'S #1 #2: THE ...
THAT'S #1 #2: THE REASON ASIA HAS BEEN DOING WELL FOR THE PAST ~2-3 YEARS UP UNTIL RECENTLY IS NOT BC THEY'RE SOME BADASS INNOVATIVE GREAT ECONOMY -- IT'S MORE BC WE HAVE ALL THESE HIPPIES AND s**tHEADS LIKE THE ows LOSERS AND ARE BASICALLY KICKING OURSELVES OVER AND OVER ONE OF THE MAIN REASONS WHY THE U.S OR EVEN EUROPE, AS BAD AS THEY ARE, IS AND WILL BE BETTER THAN ASIA IS BECAUSE:? REGULATIONS. HERE'S WHY. IF YOU INVEST IN A COMPANY THAT HAS VERY FEW GUIDELINES AND REGULATIONS, YOU ARE

OK. I HAD TO DO ' ...
OK. I HAD TO DO 'TESTING' BC IF I GOT A 'COMMENT PENDING APPROVAL!' IT WOULD NOT BE APPROVED BY THIS LOSER OK WHERE TO BEGIN- WHAT I? THINK ABOUT THESE IODIOTS (CHIEF AMONG THENM : jamie WITH HIS HAIRY a*****e) WHEN IT COMES TO REGULATIONS IS THEY'VE GOTTEN AWAY AND USED TO DOING UENTHICAL s**t FOR SO LONG THAT IT'S DEEPLY EMBEDDED IN THEIR MINDS. THEY'VE NEVER BEEN CONFRONTED WITH DOING BAD s**t THAT THEY THINK THEY'RE ALMOST ENTITLED TO DO THINGS THE WAY THEY'VE ALWAYS DONE IT.

LOL? TESTING
LOL? TESTING

"that if the ...
"that if the government hadn't gotten involved, the crisis could have been? comparable to the Great Depression...." That's exactly his point!!! He already commented on that in many other videos. They should have had the recession instead of a much bigger one later on. Trying to avoid recession doesn't? work and makes things worse.

I used to work in ...
I used to work in financial sales, and I can't imagine why anyone? would want to start their own brokerage in this country.

Why I can see a lot ...
Why I can see a lot of? flagged as spam comments here? Anyway, I just wanna say you have a good job Peter! Keep sharing your knowledge about financial.

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Except some would ...
Except some would argue? our direct involvement in that extended its lifespan then

seriously?
seriously?

Congress? should ...
Congress? should pass a regulation bill on itself.

Although I largely ...
Although I largely agree with you on limiting government, and I see your point with the bailouts, you fail to account for what could have happened if the companies were allowed to? fail. I have listened to many economists and financial experts talk about what happened, and they concur that if the government hadn't gotten involved, the crisis could have been comparable to the Great Depression.... We need to limit government involvement, but I don't know if that was a good starting point.

Paul/Schiff? 2012
Paul/Schiff? 2012

Economic Fascism is ...
Economic Fascism is State Invention. That has nothing to do with Free Markets, if you are defining Capitalism with? Free Markets then you are wrong to compare it with Fascism. Mises and other Austrians went IN-DEPTH on the subject, taking apart every Statism model of control. You are defining a Statism model of control. Predatory Pricing was debunked a long time ago. /watch?v=V6dD-ifIr8s

Totally false. If I ...
Totally false. If I am making a lot of money giving car washes, then there is massive demand for car washes. Other people come in and do the same thing too, thus compete. This will decrease in some matter the amount of profits I make. And it will force me? to constantly come up with a better system to keep an edge against the competition to have a hand up on the market. You are failing some of the basics. Dirt wages are a product of Statism, devalued currency or restrained capital.

It has nothing to ...
It has nothing to do with capital, buy them off but that doesn't sustain a barrier. Only the State can sustain a barrier, thus command economy. You socialists preach the evils of Corporatism but have LITTLE understanding HOW it functions. Capital in? itself is not the cause for poverty, destruction etc... Its the way they achieve this capital that matters, and if they are funded by an institution that extracts resources involuntary then you will have chaos. For every action, reaction.

but Peter, sorry I ...
but Peter, sorry I don't have time to sit through all 10 minutes of your speech, you're a smart guy, but what corruption from capitalists to government and back? That revolving door that exists today? It's like criminals paying off cops and cops doing the? back job regulating...which I guess you can cops, but everyone is culprit.