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They'd like to build a house on a beach
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Hot Money

They'd like to builda house on a beach while the tide is out, aslong as they can sell it...

They'd like to build
a house on a beach while the tide is out, as
long as they can sell it before the tide comes back in

Full Transcript

00:00:01.000 --> 00:00:05.504
They'd like to build a house on a beach
00:00:05.504 --> 00:00:07.607
while the tide is out, as long as they can sell it
00:00:07.607 --> 00:00:09.609
before the tide comes back in.
Duration
10 seconds
Views
19
Timestamp in Movie
01:19:41
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.
(water flapping) - Hot Money 00:09
(water flapping)
- The ways in which financial actors securitized mortgages - Hot Money 00:10
- The ways in which financial actors securitized mortgages
- So the building contractors all want - Hot Money 00:06
- So the building contractors all want
The town wants to minimize it, - Hot Money 00:15
The town wants to minimize it,
- The coastal communities - Hot Money 00:12
- The coastal communities
- I thought, okay, the city's not requiring me - Hot Money 00:06
- I thought, okay, the city's not requiring me
My realtor didn't tell me I had to have flood insurance. - Hot Money 00:04
My realtor didn't tell me I had to have flood insurance...
- Honestly, you don't look at the flood maps - Hot Money 00:05
- Honestly, you don't look at the flood maps
You fall in love with the house, and 85% of the people - Hot Money 00:07
You fall in love with the house, and 85% of the people
- The United States is uniquely vulnerable - Hot Money 00:17
- The United States is uniquely vulnerable
That's part of our bedrock of the United States, - Hot Money 00:29
That's part of our bedrock of the United States,
- The politics of provision are so tied up with land values - Hot Money 00:20
- The politics of provision are so tied up with land values
- In Texas, we don't have state income tax. - Hot Money 00:05
- In Texas, we don't have state income tax.
That's another reason why you wanna live here, - Hot Money 00:06
That's another reason why you wanna live here,
- The maps that are in existence for where a 100 - Hot Money 00:21
- The maps that are in existence for where a 100
- Insurance actors have found ways - Hot Money 00:19
- Insurance actors have found ways
- I don't think anyone would wanna come in - Hot Money 00:09
- I don't think anyone would wanna come in
(water splashing) - Hot Money 00:06
(water splashing)
- But now, because you bought it in an area - Hot Money 00:08
- But now, because you bought it in an area
In order to convert his nest egg to cash, - Hot Money 00:13
In order to convert his nest egg to cash,