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Hot Money

(water flapping) And once they'vesold it, of course, the risk is now somebody else's

(water flapping) And once they've
sold it, of course, the risk is now somebody else's

Full Transcript

00:00:01.000 --> 00:00:03.735
(water flapping)
00:00:05.337 --> 00:00:06.938
And once they've sold it, of course,
00:00:06.938 --> 00:00:08.084
the risk is now somebody else's.
Duration
9 seconds
Views
36
Timestamp in Movie
01:19:50
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.
- 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,
- Okay, so John is now literally John on the street. - Hot Money 00:06
- Okay, so John is now literally John on the street.