@boldcautionproductions9203
I would call this Warren Buffet comments on the 2008 Financial Crisis, not "explains."
@Peterl4290
First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the United States dollar or is this a good time to buy gold?
@Aarrenrhonda3
Gaining more financial independence is probably the result of knowing how to handle personal finances and invest. People are better equipped to save, spend, and invest their money when they have a solid understanding of money and investment. In this market impacted by the recession, a trader made over $350,000.
@darylsmith9318
Who would have thought YouTube had so many PhD economists in the comment section predicting the next crisis
@AndersonFair-cy2bb
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
@InvestingWisely
I was in the mortgage industry then talk about a crazy time. Lots of mistakes were made and the financial sector learned very little. It will be repeated again.
@jlee2025
0:18 - "Warren Buffet is still grappling with what happened and the lessons he learned" 2:31 - "I didn't really learn any new lessons in 2008 or 2009"
@NicholasBall130
The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
@VelocityGrain1
They bail out big companies but my dad lost everything and we suffered for 10 years
@klauswolf9449
Warren Buffet: "If I knew what the next crisis is going to be like, I'd be a rich man! Oh, hang on a minute...!"
@krutarthhaveliwala7579
"if you wait till you know everything then it's too late"
@NancyFranciss
Man, watching this makes me so glad I socked away $332k as an emergency fund. Now, I’m itching to jump into the market, but after hearing Warren break down the 2008 mess, I’m thinking… where’s my ‘headstart’ supposed to come from?
@matturner8
I used to believe that the stock market was primarily a game for the wealthy, influenced by the lessons of my grandparents who suffered significant losses in the past and emphasized this notion. However, I've been around long enough to experience firsthand how lucrative it can be. Especially in times like these, with inflation at 6.1%, one might consider the circumstances desperate. Nevertheless, I firmly believe that no market condition is insurmountable for a skilled financial advisor, especially those who have weathered the storm since the 2008 crisis and even earlier.
@rmj15
Rule of thumb: if you’re winning at life, You wouldn’t continue winning if you said more than you’re supposed to.
@LarryLunchbox
Back then the deficit was $6T and they all said it was terrible…today it’s $32T and not a word
@Guesswho-x4o
He really said a whole lot of nothing
@jamespeterson8482
"It is ludicrous to believe that asset bubbles can only be recognized in hindsight." -Micheal Burry
@pakkagewa4591
HELLO GUYS WELCOME BACK TO ANOTHER CRISIS!
@RossiPopa
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@gdoumerc1984