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Hot Money

(soft music) - You know, whenwe were kids, $1 of debt, pretty much created $1 of GDP

(soft music) - [Wesley Jr.] You know, when
we were kids, $1 of debt, pretty much created $1 of GDP

Full Transcript

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(soft music)
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- [Wesley Jr.] You know, when we were kids, $1 of debt,
00:00:07.039 --> 00:00:09.808
pretty much created $1 of GDP.
Duration
10 seconds
Views
25
Timestamp in Movie
00:15:38
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
- So, you know, it's like Keynesian economics, - Hot Money 00:07
- So, you know, it's like Keynesian economics,
But today it takes more than $3 of debt - Hot Money 00:06
But today it takes more than $3 of debt
So in order to create more money, - Hot Money 00:07
So in order to create more money,
- It's that access to credit and the kind of ability - Hot Money 00:11
- It's that access to credit and the kind of ability
- So there is a very, very strong relationship - Hot Money 00:10
- So there is a very, very strong relationship
(soft music) - Hot Money 00:17
(soft music)
With a 300% increase in spending on furniture, - Hot Money 00:09
With a 300% increase in spending on furniture,
Despite the fact that wages were pretty stagnant - Hot Money 00:04
Despite the fact that wages were pretty stagnant
- So this is the Wall Street Bull, - Hot Money 00:10
- So this is the Wall Street Bull,
- Our democracies basically have become dependent - Hot Money 00:09
- Our democracies basically have become dependent
- Over the course of my career, - Hot Money 00:05
- Over the course of my career,
I was a space physicist for NASA - Hot Money 00:06
I was a space physicist for NASA
I was on the Hubble Space Telescope team as a scientist. - Hot Money 00:05
I was on the Hubble Space Telescope team as a scientist.
(soft music) - Hot Money 00:08
(soft music)
When people say, well, - Hot Money 00:08
When people say, well,
What I can tell you is that the models that we were working - Hot Money 00:08
What I can tell you is that the models that we were working
(soft music) - Hot Money 00:16
(soft music)
And so you're seeing that type of, - Hot Money 00:05
And so you're seeing that type of,
I don't exactly know how unstable things are going to be, - Hot Money 00:14
I don't exactly know how unstable things are going to b...
Let's say that inflation were to go over the top, - Hot Money 00:07
Let's say that inflation were to go over the top,