The National Debt: Last Week Tonight with John Oliver (HBO)

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The national debt has long been portrayed as a burden we’re placing on future generations. John Oliver discusses how national debt works, why people are so concerned about it, and why it might be more helpful that you think.
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Reacties

  1. sun flower
    sun flower
    20 minuten geleden

    Politicians always lie about everything. They play dirty politics on people. Never trust them.

  2. Mark Vasiloff
    Mark Vasiloff
    Uur geleden

    Yawn 🥱.

  3. Mister G
    Mister G
    Uur geleden

    So...... NOBODY is going to talk about pillow number 1 and pillow number wife? Just me? Ok.

  4. Rose Madder
    Rose Madder
    Uur geleden

    We already screwed our great grandkids with the climate anyway..

  5. james small
    james small
    Uur geleden

    Re ii

  6. Scott Shaw
    Scott Shaw
    3 uur geleden

    The Duke actually does appear in all of the novels..... And its only in his character to not knock up someone, if anything he self-destructively finishes what he started, otherwise why would he almost get killed in a duel?

  7. Pythonidae Praeceptor
    Pythonidae Praeceptor
    4 uur geleden

    Liberals actually are capable of talking about the national debt during their presidencies... Let's just hope that they actually do something about it, instead of just talk XD

  8. IMCR
    IMCR
    4 uur geleden

    Look at Sweden 1992... borrowing your way out of a crisis doesn't work, neither ignoring that it's coming you god damn simple Americans

  9. Bill Bolser
    Bill Bolser
    5 uur geleden

    Come on people pull you head out. National Debt is a myth, Our Debt is a fictional concept. If it was real gas would be about two thousand five hundred dollars. So fuck the debt.

  10. Charles Amaral
    Charles Amaral
    6 uur geleden

    Trump added 7.5 Trillion to that Debt in 4 Yr.'s and the GOP helped in every way.

  11. John Mithen
    John Mithen
    6 uur geleden

    This guy is a liberal mouth piece!

    1. Seth Britton
      Seth Britton
      2 uur geleden

      That's really bot a rebuttal- is he lying or misrepresenting something? Does your chosen school of thought have any proof of its correctness on this topic?

  12. RobinsonMedia
    RobinsonMedia
    6 uur geleden

    Is this dude serious?

  13. Luke Thibodaux
    Luke Thibodaux
    7 uur geleden

    I have been pointing out the double standard of the Republican party for years, only a fool would think this is anything but a political game that they are playing, which as a fiscal conservative troubles me deeply. I know that there is a lively debate to be had about when debt should be used but I am one of those people who considers it a last resort, bought my car in cash and my last two houses in cash all on a $2,200/mo income, so I really believe in saving for what you need and not charging it on a card and I REALLY wish that either party could be as responsible as a well managed household. So Biden's "infrastructure" plan which is only 6% for roads and bridges seems like a looser to me, the other 94% seems like pork barrel projects and pandering and those of us in small town America will get nothing but higher taxes and the resulting inflation. I am all for cutting out the tax loopholes for mega corporations (aka "the job creators" according to the Republican LOL) and the 6% going to repairing actual hard infrastructure but the rest of that is just wasteful junk IMHO.

  14. Harry Banks
    Harry Banks
    7 uur geleden

    I count myself to be successful in forex trading with the help of my broker mrs martina rodriguez her strategies are top notch

    1. Jeffree Hendrix
      Jeffree Hendrix
      6 uur geleden

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    2. Johnathan Marshall
      Johnathan Marshall
      7 uur geleden

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    3. Clayton Erick
      Clayton Erick
      7 uur geleden

      @Harry Banks the commission charged by mrs martina rodriguez is fair compared to the effort she puts in making huge profits

    4. Harry Banks
      Harry Banks
      7 uur geleden

      @investwithmartina

    5. Harry Banks
      Harry Banks
      7 uur geleden

      @Erik Dominick you can contact her on teIegram via

  15. soinu foig
    soinu foig
    7 uur geleden

    What's your favorite kind of graphic calculator ?! Haha.

  16. Mikoto Misaka
    Mikoto Misaka
    7 uur geleden

    You know this is a rare John Oliver episode. Instead of pointing out something miserable, he literally pointed at the National Debt and said "Guess what, it's not as bad as you think! In fact it's way better and growing the economy!"

  17. Alpha Bravo
    Alpha Bravo
    8 uur geleden

    Liberal propaganda from a liberal, aimed at liberals. Nothing he said is true. His belief system is based on emotions that have their genesis in desire to shed the reality of the situation.

    1. Seth Britton
      Seth Britton
      2 uur geleden

      Kay. Point out a mistatement or a lie. If it's so easy to dismiss, it should be triply easy to dismantle it. Pull the thread, point out the lie. Does the Debt Clock actually count as a clock? How much our debt does China own? Etc. Etc.

  18. Scott Chelmford
    Scott Chelmford
    10 uur geleden

    our currency is essentially worthless as it is tied to nothing of value and its supply is controlled by private interests.

  19. Otis Spunkmeyer
    Otis Spunkmeyer
    10 uur geleden

    This is ruling class propaganda. And people think it’s funny. Amazing.

  20. sala320
    sala320
    11 uur geleden

    Dumb puppet

  21. Gustavo B.
    Gustavo B.
    11 uur geleden

    I've generally approached this show with superficial knowledge of the subject at hand... pretty much all the time, and I have taken a comedians opinion, John Oliver, pretty much at face value. On this matter, on the other hand, things get tricky VERY quickly. The US has the planets TRUST it will honor its debt, and that WHY it can offer BONDS at such low rates. The dollar is the facto currency in international trade, another great advantage. If China pulls of this One Belt initiative and pushes the dollar outside as the international reserve currency and the Great US of A has, at the same time, an economic crisis, then interest will increase... and with that, every single American is, then, FUCKED. Too many IFFs in what I said... but for sure it is not all rosy BS like John Oliver is portraying...

  22. Nico Martín
    Nico Martín
    11 uur geleden

    +"Please uncle Sam, stop digging", -"BUT I SMELL OIL!"

  23. Jack Gaines
    Jack Gaines
    11 uur geleden

    John, you and you’re team have constructed better arguments on other issues. This one came out to moral equivalency verses discussing the percentage of national debt compared to the GDP and how it narrows the dollar value and puts the nation’s economic system at risk if the interest rate climbed over 5 percent. The reason the interest payment went down is that the debt was refinanced during the last administration. It makes the debt load easier to manage, but if interest rates increase, it would collapses the financial markets. It’s a slippery slope.

  24. pacojoe1
    pacojoe1
    16 uur geleden

    If you don't accept Modern Monetary Theory, grow the f*ck up!

  25. abeezer kachwala
    abeezer kachwala
    16 uur geleden

    Hi john, please do an episode on India's horrific covid situation. Our politicians are still doing huge rallies, and we are facing massive shortages of beds, oxygen, medicines available. Govt is not reporting accurate deaths accross country.. I urge u make an episode n spread awareness

  26. Mathew Thomas
    Mathew Thomas
    16 uur geleden

    Hahahahaha

  27. John Rice
    John Rice
    17 uur geleden

    I wish John Oliver fans who only get thier news from him and cnn would branch out to fox News or Newsmax. Because the truth lies in between from both.

  28. Kit Kat
    Kit Kat
    20 uur geleden

    Awesome and very informative video.

  29. H H
    H H
    20 uur geleden

    Fu yt. JO is going to eat this vid with a bullet from some random poor guy who can't afford a $25 bigmac meal in 2023.

  30. WanderCampesino
    WanderCampesino
    21 uur geleden

    “And other social programs”

  31. T B
    T B
    21 uur geleden

    MMT

  32. Least Trending
    Least Trending
    22 uur geleden

    Dispite what he says debt isnt good

  33. Least Trending
    Least Trending
    22 uur geleden

    Its ok now obiden is in office china can just have our national parks

  34. washabi nutter
    washabi nutter
    22 uur geleden

    Bitcoin

  35. leon leon
    leon leon
    23 uur geleden

    pause at 21:28, you will be surprised.

  36. GetMonero DotOrg
    GetMonero DotOrg
    23 uur geleden

    The national debt is a problem and the best hedges against it destroying your wealth are for you to own cryptocurrencies like Bitcoin, Ether, and Monero.

    1. Romuald Sidorowicz
      Romuald Sidorowicz
      11 uur geleden

      Cryptocurrencies are not a hedge against the national debt; they're just another factor that increases it, dummy.

  37. Jason Beacham
    Jason Beacham
    23 uur geleden

    See guys everything’s fine the lefts internet entertainers tell you so 😄

  38. Eduardo Garrido
    Eduardo Garrido
    23 uur geleden

    Dear John, let me give you a small fact. In 2020 (last year in the middle of a pandemic) meanwhile, in the USA the gas was valued at zero, here in Chile, we paid 1dollar for one liter of gas. So why we paid 1 US dollar for one liter of gas meanwhile you, on your value market valued at zero? My theory is that we, the small associated countries, we are paying for your inflation (USA inflation) and when the economic American bubble burst not only you, the USA, are gonna be fucked, so we're gonna be fucked too. I'm not an economist, I'm just presenting what I see.

  39. Brooke Bennerup
    Brooke Bennerup
    Dag geleden

    PLEASE TALK ABOUT NICARAGUA.

  40. Brooke Bennerup
    Brooke Bennerup
    Dag geleden

    PLEASE TALK ABOUT NICARAGUA.

  41. Brooke Bennerup
    Brooke Bennerup
    Dag geleden

    PLEASE TALK ABOUT NICARAGUA.

  42. CassiusTrevize
    CassiusTrevize
    Dag geleden

    Three words: Modern Monetary Theory

  43. Allostasis
    Allostasis
    Dag geleden

    16:28 Wow, telling moment right there.

  44. Dylan Woods
    Dylan Woods
    Dag geleden

    Kinda like how the show starts with him ripping on a dead man who attempted to bring awareness to the crushing us debt, stay classy oliver. Used to enjoy this show now it seems like he baselessly try's to tear people down under the cruise of comedy, bad comedy at that

  45. Brown carey
    Brown carey
    Dag geleden

    Please can I invest in Bitcoin on my own, I have been practicing on my demo trading account, I don’t want to make any mistake whatsoever

    1. Jackson Alvin
      Jackson Alvin
      Dag geleden

      Build your future, small steps everyday, success is a process...you will be successful!!

    2. Jackson Alvin
      Jackson Alvin
      Dag geleden

      some people are so poor and been that way for so long that they lose their self confidence and belief

    3. Dannis Mark
      Dannis Mark
      Dag geleden

      I have already contacted her and she attends to me nicel

    4. Dannis Mark
      Dannis Mark
      Dag geleden

      All nice recommendation

    5. Joel Lambert
      Joel Lambert
      Dag geleden

      Mrs Shirley Canfield works like magic I think she deserves a honour

  46. A Anan
    A Anan
    Dag geleden

    Economists DO KNOW why the interest rate is lowering. It ALL revolves around the central bank system. ALL central banks are independently owned (non governmental) and loan out each country's currency. It's the ONLY reason there is national debt period. The reason the interest rate goes down is based solely on the gdp and if it appears to the central bank that the nation won't be able to repay the full amount, or even goes bankrupt, the central bank still wants to get their money back. So just like a credit card where you can't pay it back, the credit card company sells your debt to someone else who then uses their own way of collecting the money. The problem is when you're the company who actually MAKES THE MONEY, there's no one else to sell the debt to (except another central bank, which is how china and japan own part of u.s. debt) But, as we all know, the u.s. dollar is still extremely valuable to the rest of the world's marketplaces. And, so to keep the dollar from becoming absolutely worthless, the u.s. central bank lowers the interest rate to keep the u.s. on the hook to keep printing out more dollars (digital) and make the interest low enough to keep making those basic monthly payments and not go into bankruptcy, making the dollar worthless and making thousands of wealthy elites penniless. The central bank will milk the dollar system as long as humanly possible and will only switch currency after the nearly complete collapse of this currency we are 30+ trillion in debt with.

  47. Andrew Meronek
    Andrew Meronek
    Dag geleden

    The whole "if" inflation rises is missing a huge angle: inflation *IS* increasing drastically. The very fact of basic cost of living for "working class" people not rising combined with super-rich people getting very much richer means that inflation is happening. But it is not currently being felt the same across all sectors of economies. The problem with such inflation is that eventually there will be a correction. Also: "basic cost of living for working class" does not mean our working classes still pay the same for big expenses like health care, education, and housing, which have all been increasing as one would expect in an inflationary period.

  48. Ricky
    Ricky
    Dag geleden

    Maybe reviving a Chinese mage, mathematician, or treasurer from their past empires would help us figure out debt crisis.

  49. Brad To
    Brad To
    Dag geleden

    The "debt" isn't helpful, the money we get in exchange for the debt is. I think the point people are making is that it is probably better to not spend money on things that we do not need.

  50. 0ld Matty
    0ld Matty
    Dag geleden

    This dude thinks raising taxes fixes everything 🤣

  51. Robert Lee
    Robert Lee
    Dag geleden

    You definitely are not an economist we agree on that the feds one and only tool is interest rates but once they are at zero that to no longer works. nllike.info/baby/video/f3uWmIiuqItoqmU

  52. Robert Lee
    Robert Lee
    Dag geleden

    How can the sky sit there with a straight face saying this nonsense when the global economy is on the verge of collapse mark my words those worthless paper rectangles are only going to be good for starting fires and wiping your ass before the midterms in 2022. You should take as many loans as you can up to your limit and buy things like bullets and non-perishable food and if you live in a big city I feel sorry for you. I hope everyone's ready for hyperinflation because it's coming

  53. Robert Lee
    Robert Lee
    Dag geleden

    What a bunch of nonsense, building factories would imply did we actually manufacture things still. When was the last time you bought something that said made in America? It's a Ponzi scheme and with Americans having a birth rate well below replacement rates means it's unsustainable without importing huge amounts of people at a rate that makes it impossible to assimilate. You keep telling yourself all that BS if you like but you're not going to convince me. I was born at night but it wasn't last night. The idea that a service economy is going to be our new engine of growth is a joke. Service jobs are low-paying low-skilled McJobs for teenagers, here in America all the jobs in the coming decades are going to be in two sectors IT and Healthcare so if you don't write code you'll be wiping Boomer butts. And one question for you mister I got all the answers where the hell are you from anyhow? Is that a Texas accent I hear or maybe from somewhere in New England area, no that's a Wall Street accent for sure. LMFAO

  54. Gerhardus van wilgen
    Gerhardus van wilgen
    Dag geleden

    So those 74m still identify with the plantation based owners class?

  55. Marcus Price
    Marcus Price
    Dag geleden

    I think it’s funny that at the end we are being told to not use children as pawns, yet we are expected to tolerate the likes of Greta Thunberg....

    1. Seth Britton
      Seth Britton
      Dag geleden

      Who's using her as a pawn now? Are you just mad because you're outdone by a high school girl?

  56. Matt Corriere
    Matt Corriere
    Dag geleden

    Wow. 8.5 minutes before calling Republicans racist. That must be some kind of record. If your argument includes calling people who you disagree with racist you don't have an argument.

    1. Seth Britton
      Seth Britton
      8 uur geleden

      @Matt Corriere Hey look at that, you went and moved your own goalpost- at least we're making progress and you're now acknowledging that some of the worst parts of our history are real now. And you even acknowledge the drive for that awful and inexcusable behavior. Now you're just pretending that America was the least bad about it, in spite of the evidence indicating that at best America was no better. Also, I can't help but notice how your posts are liberally peppered with excuses for that behavior, as though you're well aware that it's not great or good, and you're still desperately trying to blame the victims of that behavior. You saying that these people deserved redlining and enslavement and all the active oppression that they are still now going through is.... Well, that's the sound your pride makes to cover the noises your soul is making for obvious injustice.

    2. Matt Corriere
      Matt Corriere
      18 uur geleden

      @Seth Britton I know our history very well and do not deny that bad things happened in our country. I know about all the things that you listed but I stand by my statement, American is the least racist country in the world. Slavery has existed from the moment man became aware of is death. There is nothing special about the slavery that existed in the American colonies. Human history is literally the story of one group of people using force to control another group of people to gain resources. There are open slave markets in Africa now. There is genocide happening in China right now. In North Korea people held prisoner in a country they cant leave. In Venezuela women and young girls are left with no option but sex work to feed themselves. There are bad things happening now all over the world. That is the story of humanity. Diversity equals wars, always has always will. That's not racism, it's in group preference. Every group of people whats to ensure the survival of their genetics. American has universal ethics that extend past an individuals race. Jews are some of the most disliked people in the world but in America they have found success. Sometimes someone does hurts or kill some Jews but overall they live in peace and without fear of the government rounding them up. People immigrate to America and if they bring a work ethic they will do just fine. I live in Alaska and there is a large Philapio population here and they work hard and don't cause trouble or commit crimes and have done well. No one cares about their race. People don't like bad behavior and that's what they react to, not their race. I dislike all people who harm others regardless of their race. Maybe the crap you have been feed in public schools, universities, and media servers someone intrest who what's a race war.

    3. Seth Britton
      Seth Britton
      21 uur geleden

      @Matt Corriere Dude, it's cute how ignorant you are of our history. It must be nice. On the other hand, your language is not very hidden at all. I will assume it's borne of ignorance first, even though I really shouldn't. Look up 'Redlining'. Look up 'Black Wallstreet'. You might also check in on the Tuskegee Syphilis Experiment. There is a trend you might notice. Just a small one.

    4. Matt Corriere
      Matt Corriere
      22 uur geleden

      @Seth Britton the fact you think all the racist people have a secret code language (dog whistle) they speak in tells me a lot about you. American while not perfect is the least racist (your word not mine) country in the world. Judge the individual by their Character and not their immutable differences. I find people who are on the left to be obsessed with race and sex while most people just don't care. People may oppose legislation for other than race but you just assume that its because of race.

    5. Seth Britton
      Seth Britton
      Dag geleden

      @Matt Corriere That's one way to try and duck out of the atrocities of our shared history- pretend it doesn't exist while simultaneously blaming the victims for being hurt by it. You must be a treat at parties.

  57. Edjumicated_ Gamer
    Edjumicated_ Gamer
    Dag geleden

    Iconic

  58. Moon Magic
    Moon Magic
    Dag geleden

    The drop in interest isn't that wild, America has what is essentially the baseline currency for a huge portion of the globe. Besides, who the hell would force America to pay? And how?

    1. Moon Magic
      Moon Magic
      Dag geleden

      @Brad To It's not even about morality, it's just the reality of the situation.

    2. Moon Magic
      Moon Magic
      Dag geleden

      @Brad To debt isn't theft, and even if it was, if someone robs you, you can call the police. What policing force can be realistically called on the United States?

    3. Brad To
      Brad To
      Dag geleden

      Yes, if someone robs you and you are unable to get your money back, it is okay because you cannot do anything about it. The fact that you are unable to get it back means it is okay to rob people.

  59. sherparoyale
    sherparoyale
    Dag geleden

    Amazing how I could’ve predicted he’d support the debt. We have to pay debt back either through a surplus or taxes. And we’re spending way too much and have created a moral hazard in that “everything we spend on is ok”. We’re spending like we’ve won the lottery and as everyone knows, anyone who has won the lottery ends up bankrupt in the end.

    1. Seth Britton
      Seth Britton
      Dag geleden

      Countries don't retire. They only function for as long as they keep currency flowing. They do that by cultivating resources, generating jobs and employment, maintaining crucial infrastructure and supporting its living population. The US is not going to ever be able to go into retirement- functionally, the US is a machine that we either maintain or watch fall apart, and we have to constantly tune the thing to keep it giving optimal growth and output for all participants. (Currently, the engine is not very well optimized because the current economic model is currently attempting to burn everything down for the profit of a few private citizens over the wellbeing of the country and world.

  60. mattman100x
    mattman100x
    Dag geleden

    John the Federal Reserve sets the interest rate at super low rates as a measure to protect financial instruments from having to pay too much out in interest. That's why we don't pay much on the federal deficit. This is a double edge sword, however. Because Interest Rates are so low, that makes borrowing easier. That creates a feedback loop that makes it easier to take on more debt. However, this also means that the Federal Reserve cannot increase interest rates. This is because if the interest rates were raised then payments on the debt, which is at disastrous levels, also rise. The reason why we can get away with this is that the USD is tied to petro, American financial institutions reign supreme, and that Western societies put up with this so that way our economy collapsing does not take out theirs. I would caution against continuing this path because we don't know what will happen if we continue to spend ourselves into oblivion. Yes I agree spending to create is good but we've been doing that for so long (or at least 'attempted' too with voodoo supply-side Reaganomics) that we need to figure out and pay our debts. We don't know what will happen if other countries get tired of our antics and decide to punish us by demanding their money back. We don't know what the economic fallout will be when we tell them no. Holding large amounts of debt is almost never good for anybody ever.

  61. R
    R
    Dag geleden

    When John Oliver is telling you not to worry about the national debt, you should be very worried about the national debt 😂 This guy is clearly taking crazy pills

  62. zijuiy wttuy
    zijuiy wttuy
    Dag geleden

    was convinced the rhyme was going to be “I do not like him in these wreathes, I do not like him when he breathes”

  63. nopetanker
    nopetanker
    Dag geleden

    As much as I like John Oliver on many issues, economics isn't one. If you want to learn and truly understand how debt-based economics works and how it always leads to a bigger disaster, learn Austrian economics. Read up on monetary history, government spending, and especially the Federal Reserve on how they're printing money to finance US debt.

  64. Jason Smith
    Jason Smith
    Dag geleden

    What happens if inflation sets in and we are required to raise interest rates to combat rising inflation?

  65. Carl Williams
    Carl Williams
    Dag geleden

    This show used to be amazing. The jokes the first time around were really fucking good. The extent that they helped explain problems in the country with as tiny amount of political bias as they were capable of doing (for being as neo-lib as they are) helped alot of people i guess at minimum recite talking points. Thow now still has the ability to do this but its just at the cost of cringe and recylced bits. Theres maybe 3-4 types of jokes they use just over and over again. "oh wow found this item on the internet" describes it in more detail "cause guess what.. i have it! I have the funny item!! Look at me!! Im so sporadic". I'm just going to watch the rest of the episode i bet ill be able to find the same 3 setups and deliveries im talking about. Fuck i just want to watch the episode again. Off the top of my head these are the jokes: 2) something happens in a clip they show, John Oliver stares at camera only to say with zero emotion "sick" 3) long long over exaggerated version of what could have happened where john oliver gets more and more emotionally involved as the story goes on you finally look up 3 or 4 minutes has gone by. Was it to fill time? was it just laziness that the writers dont want to come up with any new concept that they dont have to make a joke based on the actual substance of what theyre talking about? Idk - Example: Melania fixing car in the rain bit 4) Using slang that communities that are usually opressed use "slay queen!" 5) talking about internet trends he clearly has no idea about and u can tell by howout of touch he seems The shows not inherently bad, its just so try hard while simultaneously not trying anything new at all. Just classic liberal cringe.

  66. BollocksBonnaroo
    BollocksBonnaroo
    Dag geleden

    "We didn't become Greece" M8 did you see our capital in January? Our cities in the summer? The deficit was not the only factor but giving a trillion dollars a day to wall street while Americans starved and continue to wait in soviet style bread lines absolutely played a part.

  67. Emma Taylor
    Emma Taylor
    Dag geleden

    #CancelStudentDebt

  68. Catalin Momirleanu
    Catalin Momirleanu
    Dag geleden

    Interes rates are controlled by the central banks. Wtf?

  69. Ener Dee
    Ener Dee
    Dag geleden

    Well well well well well well well well well, Hodlgang Hodlgang Hodlgang Who looking dumb now?

  70. Mr. Fancypants
    Mr. Fancypants
    Dag geleden

    16:12 is the best part. "Interest rates have fallen to historic lows...so...what is the reason for that? Well...I don't know!" Hmm. What's the debt payment on $28T at 4, 5, 6%? I think we're going to have zero rates forever.

  71. Clark Watson
    Clark Watson
    Dag geleden

    This morron is such a White Supremacist from England

  72. ryan williams
    ryan williams
    Dag geleden

    “Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave” - Leo Tolstoy You're wrong John.

  73. TechGoggles
    TechGoggles
    Dag geleden

    They dont know... meh

  74. Percy Forsyth
    Percy Forsyth
    Dag geleden

    Don’t get the dig on Elon. You actually start by recognizing that Tesla would never have survived without debt. And now they are building factories all over the world. Employing 10s of thousands of people. And are profitable. A success story if there ever was one. Elon is playful, and sometimes rash, please for god’s sake let him do that. He is literally putting people into space, and if you follow the news, probably to the moon as well. A little fun, a little indulgence, is not too much to ask.

  75. Laurent Pelletier
    Laurent Pelletier
    Dag geleden

    Debt is dumb, cash is king.

  76. Michele Vick
    Michele Vick
    Dag geleden

    Holy shit this pinko is gonna get y’all killed. Lol

  77. Laurent Pelletier
    Laurent Pelletier
    Dag geleden

    Reagan is a mystery to me. He was an awful president that increased the debt, gave amnesty to millions of illegals, destroyed the value of the dollar, and the list goes on, but everyone seems to think he was walking on water. He was one of the worst republican president, and yet, all the republicans are revering him as a God. If he was alive today and would run for election promising to do what he did, he would be accused of being part of the extreme left branch of the democratic party. Go figure.

    1. energizedbones
      energizedbones
      Dag geleden

      Obama increased the surveillance state, continued the “war on terror”, pushed identity politics to the forefront and who can forget turning Libya into a failed state? Yet he’s revered by many. The answer is both of these guys were likable and told people what they wanted to hear. No one gives a shit as long as you’re able to sweet talk them into things. Plus, Reagan and Obama both did good things for the nation as well. So that can’t hurt.

  78. G T
    G T
    Dag geleden

    This creepy guy is such a fraud...

  79. David Alejandro Preciado Conde
    David Alejandro Preciado Conde
    Dag geleden

    😂😂😂 gran consejo. 4:34 Ve a decirle a un adulto. A uno que no esté disfrazado.

  80. Zarcon
    Zarcon
    Dag geleden

    bitcoin

  81. brerabbit
    brerabbit
    Dag geleden

    and... Biden is Building the Trump Wall and seizing homes to do it ! Enjoy.

  82. Nuby
    Nuby
    Dag geleden

    16:30 Interest rates on the debt declined because the Fed cut the interest rates to zero. This is going to create an everything bubble and cause a collapse harder than ever. It'll happen within five years. Look up Austrian School of Economics.

  83. Nuby
    Nuby
    Dag geleden

    Deficits are, and always will be, a spending problem. Taxing people to death to buy votes would never solve this. Tax cuts benefitted the rich because they are one's who pay the most taxes. Top 1% pays 40% of all income taxes.

  84. Nuby
    Nuby
    Dag geleden

    American National debt predominantly consists of consumer debt, i.e living big now at future's expense. Even investment debt by default isn't great unless the returns are guaranteed to be high later. The govt always invests in the most politically feasible option instead of the more productive.

  85. GrößenwAhnsinniger 8:0
    GrößenwAhnsinniger 8:0
    Dag geleden

    This video was not about debt, it was about democrats good, republicans bad. Usual John Oliver

    1. Seth Britton
      Seth Britton
      Dag geleden

      If the people who rule the Tepiblican party would like to stop making that conclusion so easily reached, I would be thrilled, because the Democrats have made it obvious that they're not much better stewards of our world.

  86. seiom jvony
    seiom jvony
    Dag geleden

    When we all get excited when he starts reciting a Ted Cruz poem :D

  87. John Stibal
    John Stibal
    Dag geleden

    One thing is certain, aside from death and taxes and that is that the US Federal Reserve will NEVER run out of dollars.

  88. Stephen Klein
    Stephen Klein
    Dag geleden

    Why would a country that makes its own money need to borrow money from another country?

    1. Romuald Sidorowicz
      Romuald Sidorowicz
      11 uur geleden

      Because it's the economic equivalent of former political marriages. The more the two economies become intertwined, the more stable the exchange rates between the two markets, the safer the US companies' investments in China are. US economy continuing to prosper is in China's interest since, well, they gain interest on it.

  89. Brock Lee
    Brock Lee
    Dag geleden

    bollox

  90. Robert Norvell
    Robert Norvell
    Dag geleden

    This is fiscal idiocy. Business debt is about buying assets that create more income. Social programs aren't income producing assets. I'm not suggesting they're all bad, but him pretending they lead to economic nirvana is disengenuous at best. And you could CONFISCATE all the wealth of the richest Americans and not cover the yearly deficit, let alone decrease the debt. And you can only confiscate once. Then it's all gone. Tax increases won't solve the problem. That's just a dividing tactic. Reducing spending is the ONLY long term solution.

    1. Seth Britton
      Seth Britton
      Dag geleden

      The rich people, who have made it so that they get a tax refund, such as Amazon, all seem to think Socialism is great for them... I mean, they're working quite well off of our backs, aren't they?

    2. Seth Britton
      Seth Britton
      Dag geleden

      Sure. I Totally believe you. Maybe you could explain why, when America taxed rich people more and invested in social security nets for the not wealthy, like infrastructure and social security led to a massive economic boom and growth year over year? Growth that led to an entire generation having jobs in such abundance that they could write tv shows about people casually picking them up and discarding them like paper napkins, or thinking about taking a part time job to afford some college level education? Any reason why you're wanting us to ignore the evidence of history and rely on your fairytales?

  91. Scotts Barbarossa Logic
    Scotts Barbarossa Logic
    Dag geleden

    Prediction (I have not watched the video yet): The National Debt is a boogieman that Republicans use when Democrats are in power, but the curiously do nothing to actually deal with when when they are in power

  92. Matthew Ellison
    Matthew Ellison
    Dag geleden

    Bad economic advice. You dumb

  93. stealthhumor
    stealthhumor
    Dag geleden

    On September 10, 2001, Donald Rumsfeld announced that the Pentagon had $2.3 trillion in unaccounted expenses. My guess is that the money constitutes the “black budget.” After 9/11, Congress increased the military budget by another $50 billion. According to a South Carolina (I think) research team, Rumsfeld forgot to mention that the Pentagon has over $2 trillion in unaccounted funds every year.

  94. abdulla Leka
    abdulla Leka
    Dag geleden

    This guy is such a hack. This video is gonna make no sense in a year

  95. David Carpenter
    David Carpenter
    Dag geleden

    John--I know you drop the f-bomb a lot; I get it; I say it myself. We're adults. But that segment at the end, where you have a child say it--we don't need that ("Grow the f*** up"). You can make your point without it.

  96. Charlie Bless
    Charlie Bless
    Dag geleden

    Gotta love these Republican hypocrites who only care about the national debt when Democrats are in power. They weren't that worried about it when Trump added almost 8 trillion to the debt in only 4 years of his disastrous administration.

  97. John Dyer
    John Dyer
    Dag geleden

    I just paid off my debts and now investing. Might as well profit from this mess.

  98. Abdulai Bah
    Abdulai Bah
    Dag geleden

    In America comedians make more sense than politicians.

  99. John Keith
    John Keith
    Dag geleden

    If Republicans don't like adding to the national debt, then why did they give away 3 trillion dollars to the wealthy in 2017?

  100. Frederick Lawson
    Frederick Lawson
    Dag geleden

    Great episode I wish the PSA at the end was FCC legal.