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

4 Pri 2021
5 917 008 Shikime

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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  • \\\ Einstein's Induced Geo-Thermo in Ending Pandemics Vaccines alone can't /// Densities of particles across membranes (or of viruses across countries, counties, provinces, cities, rural districts' borders, or ZERO in NO-BORDER-WORLD'S-300,000 ISLANDS), drive their Diffusion Rates (or VDR for viruses) under squareroot law times membranes area (Border Length).[1][2][3]. Pandemic leaders and Czars face today the greatest in history life-or-death dilemma: Pay-Encourage people, investors, companies, to relocate in virus-free domestic or international locations ranging from: #1: Virus-free-sides of most highways #2: Relocation under strict 100-ft Residential Distancing #3: GOVS' RELOCATIONS start with homeless in donated good tents, food, etc. #4: Campings in arid zones, beaches, river sides, forests, mountains, atolls #5: Revised non-science terms like immigration, refugees, travel bans, lockdown, laws. REFERENCES 1. NYT and POLITICO appear first to comprehend this Science.[2]. 2. Gal-Or, Benjamin, at 2. Id. at3. Id. at 'Modern Thermodynamics' and Local Climates 'Thermodynamics' [Amazon, Wiley, Springer, Science, Nature, 'In', ALworld.]. 3. All Copyrights apply.

    Benjamin Gal-OrBenjamin Gal-OrOrë më parë

    Irene MIrene M2 orë më parë
  • Notice how the entire thing tries to make dems look so what a sack of bs

    GameGlitches HappensGameGlitches Happens3 orë më parë
    • Notice how he also talks about the good Bush Sr. did, people like you need to come out of your victim mentality and open your mind to the truth

      Glip KlopsyiopGlip Klopsyiop8 minuta më parë
  • One name: Keynes.

    Nathan WooNathan Woo4 orë më parë
  • What Oliver doesn’t say is that the successful companies that spent a lot eventually turned a profit and paid down their debt, as well as having too much debt can lead to lenders no longer wanting to lend you credit

    Cody FloodCody Flood10 orë më parë
  • Holly Shit! That last clip of the children explaining the complexities of debt was so well done, it should be broadcast on a Jumbotron next to the "debt clock"...

    Michael HastieMichael Hastie10 orë më parë
  • I think we should forgive our old comedian for lying about these issues. We are here for entertainment, not for him to tell us we are doomed, leave that to CNN. First, the channel is actually having a hard time in terms of political support so he has to speak up. Second... if literally anybody takes in what he's saying as truth we are all fucked. All of us are here to watch him throwing shit at republicans because that's fun everybody likes it.

    Brian HartBrian Hart11 orë më parë
  • The last several presidents, on both sides, have doubled the spending from the previous government... Both sides work for the fed.

    Shea RitchieShea Ritchie14 orë më parë
  • That was the greatest Christmas Carol dr sues rhyme

    Opinionated Kraken TrollOpinionated Kraken Troll17 orë më parë
  • One thing I've never really been clear on is how Republicans plan to pay back the national debt with tax cuts.

    Ninja PyjamasNinja Pyjamas17 orë më parë
    • Because they never consider the probability that the worst thing can happen, they just pile up the debt to weaken Democrats who desperately want to clean it. We are afraid that the federation can dissolve (you can't command someone if you owe him too much money, the same goes for a state), and we do know Soviets that did dissolve and EU which is partially dissolved. These Republican idiots are stupid enough that they don't care.

      Brian HartBrian Hart11 orë më parë
  • Republicans are such sluts.

    Ninja PyjamasNinja Pyjamas17 orë më parë
  • It's a bit on the nose for them to talk about future generations when they aren't doing anything to address climate change.

    Geek FreakGeek Freak17 orë më parë
  • It's going to get bumpy with inflation.

    Patrick FFPatrick FF20 orë më parë
  • Pretty good explanation. Once people realize the feds balance sheet must balance things start to become clear. The national "debt" could also be called the nations savings account but it depends on which side of the balance sheet you're observing. There's a liability side as well as an asset side.

    PothierdogmaPothierdogma21 orë më parë
  • John Oliver dedicated an entire lifetime to pathetic, useless, zombie trash entertainment. Assholes like John Oliver are the doyens of the dominant culture and american chauvanism. Zombies watch John Oliver show and enjoy it too.

    Audio PervertAudio Pervert22 orë më parë
  • Very missleading information. American debt is sustainable just because is in interest of creditors. USA issued trilions in later years without coverage for it, which are bought mostly by central banks of other countries. But, if China and other important "other" economies continue to expand trading on other currency than dollar (and they do), US inflation will sky rocket and dollar will become worthless just like criptocurrency for example. Consequence is presumed to be ruined world economy but it is safe to say that China and Russia are buying time untill it's benefits are greater for them than losses. And they are buying gold, lots of it, to back their currencies up when (if) dollar drops down. USA droped their gold backed currency in Nixon era and from then onwards dollar value (or any currency) was just agreed global consensus which can crumble at any time if loss of trust and "real economy" hits it.

    Dusan PiscevicDusan PiscevicDitë më parë
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    Amina BrandaAmina BrandaDitë më parë

    Proclus YellioupolosProclus YellioupolosDitë më parë
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    Joseph KellerJoseph KellerDitë më parë
  • Look up Warren Buffet explaining why crazy debt, I.e. treasury bonds loans issued to whomever, are ok. Because we are basically the only country that pays those loans off in our own currency, so we'll just print more. If it creates inflation, we just raise the interest rate a little, which will incentivize more investment into those treasury bonds which give higher returns. tada

    Brian StephensBrian StephensDitë më parë
  • If you want an explanation of how interest rates work in a monetarily sovereign country look no further than analysis by Warren Mosler. He explains it very precisely. #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • Greece is an irrelevant example because they don't issue their own currency. Because they use the Euro, Greece is essentially like a state of the US. They absolutely can run out of money and go broke in terms of the Euro. #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • it is worth noting that the praising of a clinton surplus is regressive rhetoric because the private sector goes into deficit when the government goes into surplus and the result is economic collapse #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • Chinese companies obtain USD denominated reserves that remain on account at the Fed when they export goods to the US. There are only 2 things they can do with that money: 1) buy things for sale in USD including US bonds (called "debt") which is more like a term deposit/savings account OR 2) pay taxes. The US government doesn't borrow US dollars from China. China buys interest bearing USD denominated assets with the reserves they already had accrued through exports. #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • It is true that we calling it a deficit when spending exceeds taxation, but the important thing to note is that spending always precedes taxation. That is to say the government always taxes back money it has already created through spending, then creates more money by spending again. It doesn't spend money that it collects #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • John gets it backwards when he says the government borrows to fund a deficit. The US government can't borrow it's own currency. When it issues bonds on the primary market, the reserves used to purchase the bonds already existed and were already a liability of the government #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • "The National Debt is money the government has spent and not taxed back yet" - Warren Mosler #LearnMMT

    Iain DooleyIain DooleyDitë më parë
  • 6:16 you know what's better option?? Don't get into debt and invest.

    YouTube deleted My Account LMAOYouTube deleted My Account LMAODitë më parë
  • The man who doesn't see an issue with his home country being overrun, overpopulated, and ethnically cleansed of it's host population. Share and share alike, isn't that right, John Oliver? After all, it's not you who has to walk through the destruction of a gang-festering rap-music filled London cesspool, overpopulated and doomed to strife. After all, You are a successful celebrity living a comfortable life, making immense wealth by turning a phrase and portraying a joke, usually aimed at undermining Western civilization, and mocking the existential situation of your own people. Making light of our own obliteration. What a stand up guy you are, John Oliver.

    Dayon MageDayon MageDitë më parë
  • So why the f.... didn't all these apply to Greece also?

    mallias2683mallias2683Ditë më parë
    • Greece doesn't issue its own currency. Monetarily speaking, it is more like a US state than the US federal government.

      Iain DooleyIain DooleyDitë më parë
    • Greece was indepted by other people from other countries in a currency that is not under greeks control Us is indepted mosly by its own citicens in a currency that is under its control If you own me 1000 Hubba Bubba... The consequences of that largely depends on the question if you or I decide what a Hubba Bubba is. US owns people 10 trillion dollar But US decides what the word dollar means. If US decides that the word dollar means nothing. ... 10 trillion times nothing is still nothing. Of course that would have negative consequences...but the fact remain. A country can not go bankrupt if it has made its depts in its own curreny. That is just not possible...

      Waldemar MarwaldeWaldemar MarwaldeDitë më parë
  • If debt isn't important why bail out California and New York?

    • @SOOMIN TROY yep at the very end he almost mentions MMT. The best way to ensure the correct level of stimulus to invigorate the economy without inflation risk is a job guarantee!

      Iain DooleyIain DooleyDitë më parë
    • @Iain Dooley true but then the topic becomes inflation which this videos does not address either

    • California and New York are not issuers of their own currency. Much the same as Greece, they do actually need to tax in order to spend, and borrow if they can't raise enough taxes to cover their costs. The US federal government does issue its own currency, though, so the situation is completely different at the federal level. Check out the hashtag #LearnMMT

      Iain DooleyIain DooleyDitë më parë
  • This aged well

    Amin NassarAmin NassarDitë më parë
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    Jasmine MoralesJasmine MoralesDitë më parë
  • Why do people even listen to the GOP?!?! I keep asking this because all they do is fuck things up on purpose, lie their fucking faces off, and do their best to destroy the country from the inside out. FUCK THE GOP, right back the hell they came from. "That story just doesn't add up to reality." You mean basically anything anyone in the GOP says? Their complete ethos for the way they do politics?

    Wendy DesparoisWendy DesparoisDitë më parë
  • When you state that most economists do not understand how this occurred you are speaking of people who do not understand a shred of modern monetary theory or how economics actually works when it comes to nations that have currency sovereignty. Even under the worst circumstances Greece and the USA can never be compared. Greece is a member of the Eurozone and as such has no currency sovereignty which renders it unable to engage in quantitative easing, adjusting interest rates and has very little control of the bond market. The USA under the worst possible circumstances couldn't become Greece ever.

    Joe BloeJoe BloeDitë më parë
  • Money. The very word alone provokes a range of emotions within: ⏩ ⏪ joy, sadness, lack, abundance, plenty, success, etc. !💖🖤❤️今-後-は気をライブ配信の-再編ありがとうです!この日のライブ配信は、かな-らりやば-かった-ですね!1万人を超える人-が見ていたもん(笑--やっぱり人参最高!まさかのカメ-ラ切り忘れでやら1かしたのもドキドキでした,. 💖🖤在整個人類歷史上,強者,富人和具有狡猾特質的人捕食部落,氏族,城鎮,城市和鄉村中的弱者,無`'守和貧窮成員。然而,人類的生存意願迫使那些被拒絕,被剝奪或摧毀的基本需求的人們找到了一種生活方式,並繼續將其DNA融入不斷發展的人類社會。. 說到食物,不要以為那些被拒絕的人只吃垃圾。相反,他們學會了在被忽視的肉類和蔬菜中尋找營養。他們學會了清潔,切塊,調味和慢燉慢燉的野菜和肉類,在食品市場上被忽略的部分家用蔬菜和肉類,並且學會了使用芳香的木煙(如山核桃,山核桃和豆科灌木 來調味g食物煮的時候

    Imogen GillisonImogen GillisonDitë më parë
  • "Well, I don't know, I'm not an economist." Proceeds to do a 20 minute piece on why conservatives are terrible economists and democrats are great at it. At the end of the day, is the government good at making "investments" or should people decide what to do with their money? Or do we just want to get mad at rich people? By the way, the top 5% of U.S. earners pay a little over 60% of all taxes in the U.S.

    TankmonkeyTankmonkeyDitë më parë
  • Maybe it's time to forget this whole "money" thing.

    Scott @Opinions No One Cares AboutScott @Opinions No One Cares AboutDitë më parë
    • @Scott @Opinions No One Cares About nice, we’ll just go back to bartering and everyone who can’t produce anything of value will be even more poor and SOL. We should also do away with governments and their welfare programs, and just have survival of the fittest. I am fine with this arrangement.

      JBJBDitë më parë
    • @JB Yup

      Scott @Opinions No One Cares AboutScott @Opinions No One Cares AboutDitë më parë
    • What are you going to do? Exchange goods you produce for other goods?

      JBJBDitë më parë
  • If population continues to grow it needs more spending. If taxes are continually cut for business and the rich & continued wars overseas... Yep, now you're fucked.

    toobasaurus23toobasaurus232 ditë më parë
  • The US is run by idiots. Feel so bad for the people really trying to make a change but are hinderen. I cant imagine how frustrated it must be.

    Alta. jpAlta. jp2 ditë më parë
  • "going into debt can actually be a good investment for the country" . Bye bye USA, chinese era is coming.

    Eng. DanielEng. Daniel2 ditë më parë
    • Yup. This video hasn’t aged well. The inflation this month is going insane.

      JBJBDitë më parë
  • How much you wanna bet that 90% of that debt is from Military spending?

    aaron versionwoaaron versionwo2 ditë më parë
  • Try telling most of those cocksucking Republicans how raising the minimum wage would HELP the economy because ppl making more money equals ppl spending more money, and dont forget to ask aloud how Amazon legally pays ZERO federal income tax ...

    Oonis AucoixOonis Aucoix2 ditë më parë
  • And if inflation rises then... this didn't age well, one month later

    Tim RTim R2 ditë më parë
  • Right listen up, the first line.....from.....season 4 big mouth...Made me instantly go on the most recent episode I knew and say this. When will you stop being in cartoons? Are you being too American? Maybe...,Disney’s it’s Netflix your good CONTINUE ON Continue on

    D3monicwhaleD3monicwhale2 ditë më parë
  • Now this isn't racist but a lot of people decided that Donald Trump was a good candidate for president.

    James LockeyJames Lockey2 ditë më parë
  • Climate change tilting earth's axis, shrinking stratosphere, reducing arable land, droughts, dinosaur juice dependent world economy, SUVs and theyre fooling us over debt!

    Diogo SousaDiogo Sousa2 ditë më parë
  • for context, In the Dark Knight, The Joker makes a pyramid of money which I call a "Joker Pile" . According to Film Theory and the crew of the Dark Knight, that pyramid is 9.9 million dollars, that would mean if the Joker wanted to pay back the national debt he would need.... 2,828,283 Joker piles.

    lordofhnajutylordofhnajuty2 ditë më parë
  • Dear US government, stop raising our debt by paying people to stay home and not incentivizing them to get a job.

    Hugo HormazabalHugo Hormazabal3 ditë më parë
    • Dear homicidal piece of shit: we are in a deadly pandemic, and, contrary to idiocy, people being sick and dying is extremely bad for the economy. P.S. the point of civilization is not to give people jobs. If anything, it's the exact opposite.

      seigeengineseigeengine2 ditë më parë
  • I won't get social security.

    UroUro3 ditë më parë
    • @Uro It's not a promise; it's the law. Taxes accrue revenue from some and give it out to others. The only thing that's going to happen is either taxes will have to go up, or the amount paid out will have to go down. People need to stop imagining it like a retirement account.

      seigeengineseigeengine2 ditë më parë
    • @seigeengine State funded pensions go away when states are in debt despite promises made. Every year the sustainability of social security is seriously questioned. No millenial should expect anything.

      UroUro2 ditë më parë
    • If you meet the requirements you will. It's genuinely funny they've convinced people social security is under threat.

      seigeengineseigeengine2 ditë më parë
  • John Oliver died in March!!! Rip

    A SmasherA Smasher3 ditë më parë
  • 16:35 FYI, it's the TI-83 Plus.

    Patrick AllenPatrick Allen3 ditë më parë
  • John Oliver's political rants are too biased, too boring, too riddled with strawmen and too irrelevant...

    Niclas HedhmanNiclas Hedhman3 ditë më parë
    • And yet you have zero actual criticisms of them. Weird.

      seigeengineseigeengine3 ditë më parë
  • You can start with the Pentagon and all its Black Ops , and all the needless Wars . Does this mean Fort Knox is empty ?

    kirk carrkirk carr3 ditë më parë
  • ACTIVE CONTROL #2 of 3 Virus Diffusing Net Gradients through Borders of US, China, Russia, Brazil, India, Germany, Israel in preventing a million more pandemic deaths? [1][2],['in'] May 10, 2021 AVOID AIA [6] e.g. US: 1. Identify VIRUS-FREE-AREAS like FREE Highway Sides, National State/County/City/Rural PARKS at Utah, Alaska, PortRico & HWY-Ilnds 2. Provide ONE-WAY TRAVEL PERMITS to (1)-Locations, islands [List], 3. Minimizing rush to hospitals, 4. Allow moves to islands/rivers/forests/safe-deserts/camping with 100 ft Residential Distancing 5. Provide Free Good Tents to homeless with food/ordering Max-Stay-Outside-in-Relocations. Enough said prior to [7]. 1) Pandemic Deaths, 2) Deaths/1M, 3) Key Variable Case Fatality Rates, in %, are key CONTROL variables in global, national, states, counties, cities, rural districts, provinces. IDENTIFY NET Virus Diffusion Directions driven by 3 Border Diffusion Gradients, BDG, [LISTS], while new variants cross borders by BDG & vaccines defeat not some, 'in', Id.: ___________________________________ US 594,059 1,816 1.78% v. Cayman Ilnds 2 30 0.37% v. Iceland 29 6 0.45% v. British V Ilnds 1 33 0.46% v. SnMRTN 12 369 0.68% v. Canada 24,489 661 1.94% v. Mexico 218,173 1,729 9.25% v. BORDERS between States, Counties, Rural Districts, eg Alska 0.52%, Uth 0.56%, PrtRic 0.93%, HWY illnds, US ilnds Between NZ-AUSTR-PHL, other nations, [6]. _____________________________________ China 5.11% v. Hong Kong 210 28 1.78% v. Mongolia 153 48 0.35% v, Bhutan 1 1 0.08% v. Taiwan 12 1 1.02% v. Kazakhstn 3,853 207 1.14% v. Diaoyu Ilnds, BORDERS between Provinces, Municipalities, etc. [6] ______________________________________ Russia 112,622 780 2.32% v. Ukraine 45,830 1,027 2.18% v. Hungary 28,403 2,908 3.60% v. Poland 69,445 1,829 2.46% v. Kazakhstan 3,853 207 1.14% v. Finland 922 167 1.04% v. Estonia 1,193 903 0.96% v. BORDERS WITH 12 other countries, and between Kolchoses, Cities, etc. [6] _______________________________________ Brazil 417,176 1,992 2.78% v. Vnzula 2,244 70 1.10% v. Urgwy 2,972 845 1.39% v. Argentin 66,263 1,489 2.14% v. Pragwy 6,883 989 2.36% v. Colomb 76,4141 539 2.59% v. Peru 63,223 1,976 3.45% v. Boliv 13,151 1,158 4.19% v. Eqdr 19,018 1,113 4.81% _________________________________________ India 235,189 174 1.09% v. Bngldsh 11.833 73 1.54% v. Pakistan 18,677 88 2.20% v. Bhutan 1 1 0.08% v. Mldvs Ilnds 77 149 0.23% v. Srllnk 745 34 0.61% v. Nepal 3,519 127 0.95% _________________________________________ Germany 84,924 1,024 2.43% v. Norway 767 144 0.67% v. Denmark 2,495 430 0.97% v. NL 17,290 1,003 1.12% v. Swzlnd 10,698 1,256 1.60% v. Austria 10.351 1,170 1.65% v. Czech 29,608 2,786 1.80% v. France 105,850 1,580 1.85% v. Belgium 24,444 2,140 2.43% _________________________________________ Israel 6,374 717 0.76% v. Jordan 9,047 909 1.26% v. Egypt 13,714 139 5.85% v. Syria 1,631 93 7.03% v. Cyprs 328 276 0.48% v. UAE, Bahrain, Morocco, Malta [6] __________________________________________ NO BORDERS, NO VIRUS in 12 ISLANDS-ATOLLS cited out of PHL-7,100, EST-2,220, out of Africa, India, Europe, U.S, Australia, which, with peninsulas & safe-deserts, constitute Nature Refuge from virus. __________________________________________ Sn Barth 1 140 0.10% Timor-Leste 4 3 0.13% Mldvs Ilnds 77 149 0.23% Cayman Ilnds 2 30 0.37% British Virgin Ilnds 1 33 0.46% Grenada 1 9 0.63% Sn Vincent 12 118 0.63% Sn Martin 12 369 0.68% Turks & Caicos 17 480 0.71% New Zealand 26 5 0.99% Taiwan 12 1 1.02% Caribbean NL 16 636 1.02% ___________________________________________ 1. 20-30% of Corona-Variants may slip through most borders[2]. 2. We replace terms like travel ban, immigration, with Diffusion Rates driven by 3 BDG forces as part of our Climate Thermodynamics. ['in']. 3. Perhaps some Governments study relocating some to VIRUS-FREE domestic & international locations? under strict Residential Distancing? 4. PRIVATE INVESTMENTS can help 6.1 to stop otherwise more than a million pandemic deaths and end this failing biochemistry-based-ONLY, and all other effective, needed, extant measures. 5. New doctrine-philosophy stands apart in resolving the greatest life-or-death dilemma in history - a time-invariant humanity issue v. AIA Social MANIFESTO: Abuse Ideas' Authors, not their ideas, patents, designs, teaching, editorials, philosophy, science. 6. AVOID AIA [5], eg, US: a. Identify VIRUS-FREE-AREAS like FREE Highway Sides, National, State, County, City, Rural PARKS at Utah/Alaska/PrtRic & HWY-Islands b. Provide ONE-WAY TRAVEL PERMITS to a-locations or islands [List], c. Minimizing rush to hospitals d. Allow moves to islands/rivers/forests, or safe-deserts or camping with 100 ft Residential Distancing, e. Provide Free good tents to homeless with food, ordering Max-Stay Outside. Enough said prior to [7]. REFERENCES [1] Data Sources: Thousands of dedicated Drs., Nursers, Health-Care Workers in ~180 nations daily reporting to US university JH, World Health Organization, WHO, on corona/variants reordered by this PRIVATE, NON--AFFILIATED, UN-FUNDED STUDY since Oct 22, 2020. youtube, ['in']. [2] -and-Japan-hospitals-5-things-to-know // -Vietnam-and-Cambodia-hit-COVID-variants-with-iron-fist

    Benjamin Gal-OrBenjamin Gal-Or3 ditë më parë
  • Where is the ad that has the crying baby for Climate Change?

    Jennifer CoxJennifer Cox3 ditë më parë
  • I think it’s a bit early to say a financial disaster is not going to happen. It’s been a month now since this video… and concerns about inflation are starting to materialise

    Andre PAndre P4 ditë më parë
  • Every now and then I watch this left rubbish to see how stupid they actually are. This guy did not disappoint.

    Dave CoxDave Cox4 ditë më parë
    • And yet you have zero actual criticisms of them. Weird.

      seigeengineseigeengine3 ditë më parë
  • Hmmm. Not John's best work. 'Republicans are unhinged' isn't news to anyone. That's like 'rain is wet', or 'dogs are loyal'. 'Permanent and unrepayable debt is totally fine', on the other hand, is just ridiculous. It isn't just America - it's everywhere. This is money the central banks create out of thin air, and the government then accept on loan, and give away (raising their own debt once again), mostly to corporations, before using the debt as an excuse for 'austerity'. It's economic illiteracy, if not economic insanity, and it's going to end just as badly as it did in the late '20s...

    MicrotherionMicrotherion4 ditë më parë
    • @seigeengine What? Are you like 12? Make some kind of sense or go away. Jeez.

      MicrotherionMicrotherion2 ditë më parë
    • @Microtherion I love how even within your own comment you couldn't help but proving you're a fraud attacking a strawman.

      seigeengineseigeengine2 ditë më parë
    • @seigeengine The description to the video says that 'debt... might be more helpful that [sic: than] you think'. I said that for some reason John Oliver seemed to be arguing that 'debt is totally fine', and the video's own description says that's what he's arguing. So it's not a claim he never made - it's right there in both the video and the description. What you think I was 'whining' about is unclear to me. I was disagreeing with his analysis, because it was unconvincing. I like him and I like the program: I'm not obliged to mindlessly agree with a liberal-capitalist failure to explain the current economic collapse in the United States and globally. To a large extent, I blame MMT, which perhaps you subscribe to, I don't know. Perhaps we should continue this when you have some more coherent thoughts? See you in about six months, then? :)

      MicrotherionMicrotherion2 ditë më parë
    • @Microtherion The rational argument was the part where I pointed out you're whining (not arguing) about a claim he never even made in the first place.

      seigeengineseigeengine3 ditë më parë
    • @seigeengine No rational argument at all then, just straight to the abuse? It's called economics. If you don't have any grasp of it, that's fine, but no reason to throw a tantrum...

      MicrotherionMicrotherion3 ditë më parë
  • obfuscated is an actual word..

    CamCam4 ditë më parë
  • I love the ongoing 'I do not like that man ted cruz' bit that goes back to the fillibuster episode. Keep up the Ted peoms John, when you have enough to publish a book of them I'll buy at least one copy :)

    Eliora WardEliora Ward4 ditë më parë
  • Republicans: the Democrats are making the debt worse!!! The data: u sure? Me w a simple google: so how much did Trump "reduce" it by? Lol

    PinknBlack ProductionsPinknBlack Productions4 ditë më parë
  • Food for idiots. Deficits don’t matter !!! Really ? Say that to investors once they start losing faith and have to get paid a premium to buy the new notes. What do you think will happen to our interest payments? The total debt doesn’t go away, but the interest payments will take a higher chunk of our budget, leaving less for all other spending. This guy clearly doesn’t understand how it works. We are not Greece, we are the largest economy! We have always paid our debts! We are stable political, financial economy, until people lose faith. Debts are ok, when your making smart investments. But there still there if those investments don’t pan out!! So you have to be careful in what you invest in. The debts accumulated since Bush have been to keep this going !! Bubble after bubble. Inflation is coming!!!

    Peter UcetaPeter Uceta4 ditë më parë
    • Yeah, he never said that. What kind of a loser are you?

      seigeengineseigeengine3 ditë më parë
  • The reason why US didnt ended up like Greece is because USD is still used as reserved currency. US has those previlage that other country doesnt have.

    Daniel AlexsanderDaniel Alexsander4 ditë më parë
  • How is this show still on and pretending like they are right about anything?

    burt mcgurtburt mcgurt4 ditë më parë
    • And yet you have zero actual criticisms of them. Weird.

      seigeengineseigeengine3 ditë më parë
  • 19:02 I choked laughing on my cranberry juice at the two Nicolas cage pillow jokes (“second best investment, after...” and “wife being jealous, so...”). Well done.

    Lune LilyLune Lily4 ditë më parë
  • You think that Conservative hypocrisy is bad in the US, check Australia.. The conservative government came in 8 years ago here on a campaign of a 'budget emergency' and 'crippling debt and deficit' caused by 'reckless' spending by the other party during the GFC (in what has been internationally regarded as the *best* management of the GFC in the world). So bad was this debt crisis that they even proposed charging sick poor people to see the doctor. Fast forward to now and the debt and deficit is 10 times worse yet they are happily proposing some of the biggest tax cuts on record for the rich. THIS IS THE SAME GOVERNMENT! the same contiguous government... Just one of the reasons why despite knowing priorities and ideals are subjective, I find it very hard to have respect for people who vote conservative.

    mattr8750mattr87504 ditë më parë
    • @Eng. Daniel Get a hobby mate. Mindlessly copy pasting BS from some conservative hack isn't a good use of time.

      mattr8750mattr87502 ditë më parë
    • Lol you are so dumb. You should go live in venezuela and let a conservative venezuelan go to australia. Go live your ideology.

      Eng. DanielEng. Daniel2 ditë më parë
  • The Biden administration should borrow those kids advert as a counter-argument against the republicans that they are ballooning the debt. I'm sure John Oliver will let them have it for a reasonable fee.

    Torty IbenemeTorty Ibeneme4 ditë më parë
  • FYI the map of China you are using is terribly wrong,Mr.Oliver ,it should include Taiwan province.

    quan wangquan wang4 ditë më parë
  • I have the dire gut feeling that this will age like milk

    jbjbassenjbjbassen4 ditë më parë
  • Interesting take however I think this glosses over the idea of risk. The hard red line is not you instantly go into a financial crisis if it goes over 100% of GDP just that you're in a more risky position if you are there. Just because we risked it this time and got away with it doesn't mean that it will happen every time. Its the same reason why you don't borrow at 2% and invest at 5% because those interest rates don't factor in the risk of those interest rates changing or the lender turning around and calling in their debt. Now some of those premises change on the global scale because you have diplomacy and the government has lot of different jobs to fulfill not just make a profit/survive. As for all the political stuff of course its bs if the experts are saying they don't completely understand what is going on how are you expecting politicians to do that when their only real focus is getting elected.

    twhiteofrd_110twhiteofrd_1105 ditë më parë
  • Stop talking with your hands, British Trump. It's annoying. plus, don't talk shit on E. Musk for making not a flamethrower. Elon has done more to change the world in the last 20 years, simultaneously working on ways to keep it moving, and he continues to do it on a daily basis.

    David and Adam play games! PhelpsDavid and Adam play games! Phelps5 ditë më parë
  • "Clock, not a clock" 🤣🤣🤣

    Mr JakesieMr Jakesie5 ditë më parë
  • LOL.. US and debt? US carries no debt. They can print off more money and pass on the inflation to every other currency in the world that hooks off the USD. This is why the credit card is being paid off by other countries while America just buys and debts more and more.

    Ben LiuBen Liu5 ditë më parë
    • Complete nonsense.

      seigeengineseigeengine4 ditë më parë
  • I'd laugh if sime big bruiser type just came to collect the debts and repossessed the Midwest

    James FlynnJames Flynn5 ditë më parë
  • I wondered how long it would take for this to become a “fuck Republicans” predictable

    Nigel NofrenzeNigel Nofrenze5 ditë më parë
    • The Republican party has fallen to the point they can be summed up as the nazi party. They have no merits remaining. Anyone who sides with them at this point is a traitor.

      seigeengineseigeengine4 ditë më parë
  • Anyone who thinks, this is not going to come to haunt America, is fooling themselves. Interest payments grow, you spend a higher proportion of your fiscal expenditures on interest payments. The US cannot escape that fact either and the later they admit that, the harder it will be.

    Alex ZimmermannAlex Zimmermann5 ditë më parë
    • Imagine if you watched the video instead of shitting in your hand and chowing down.

      seigeengineseigeengine4 ditë më parë
  • Trickle down economics works but as the name suggests it takes about 100years and is 99.9% various animals fecal matter when it reaches the lowest point.

    SECDUPSECDUP5 ditë më parë
  • This is amazing, now they have propaganda for the national debt. This is one giant propaganda piece. Scary. John Oliver just reading the script. No conviction with this sentiment

    none nonenone none5 ditë më parë
  • So John Oliver really about to white wash Obama's horrendous corruption? Didn't Obama make Bush's horrific tax cuts permanent? Didn't Obama bail out wall street and screw over working families? ah nevermind..

    jotere errajotere erra5 ditë më parë
    • @seigeengineyour next comment better be better than the last cus I hope you're not about to just suck this man off and excuse all his bullshit corruption

      jotere errajotere erra4 ditë më parë
    • @seigeengine no dumbass, Obama made Bush's horrendouss tax cuts PERMANENT how tf are you not getting this?? if there's one thing you DON'T do in a rescission, it's give MORE MONEY to the ultra rich. Now I KNOW you're better than this. Think!

      jotere errajotere erra4 ditë më parë
    • "Wow, how could Obama not raise taxes during a massive recession!?!?!?!" Fuck off.

      seigeengineseigeengine4 ditë më parë
  • Love the final kids ad and Cage pillows!

    Long XiangyuLong Xiangyu5 ditë më parë
  • Presidents aren't kings. We have the illusion of choice. "Bush" didn't do anything the same way "Clinton" didn't do anything. We aren't the most powerful nation in the world by flip-flopping every 4-8 years.

    ryanryan5 ditë më parë
  • Yes, debt is fine if everything goes according to plan. But I say good luck with that. Mindless stuff coming out of the MSM these days.

    Will JamesWill James5 ditë më parë
  • This twit claiming not to know why there's zero interest rates is a lie... Or he is very, very stupid.

    Grotty ThumberGrotty Thumber5 ditë më parë
  • This is, literally, my face after Reagan's "virtue" comment 👉🏾☹️

    Deep ChatterjeeDeep Chatterjee5 ditë më parë
  • A non uniformed adult. Not a police officer then.

    Bill GreenBill Green5 ditë më parë
    • @Bill Green For me it's just been a from-childhood distrust. I can not remember a single time I have ever processed a cop as anything other than a threat. Something between them being armed and having authority makes me distrust them.

      seigeengineseigeengine3 ditë më parë
    • @seigeengine I used to until people started recording / filming what they actually do vs what they are supposed to do / trained to do. And my own personal interactions with them. And I think others would consider me to be a good and community minded citizen.

      Bill GreenBill Green3 ditë më parë
    • It genuinely baffles me that any human trusts cops.

      seigeengineseigeengine4 ditë më parë
  • As a Republican unveils his argument longer the probability of him or her saying the word "tyranny" approaches one. Healthcare? Tyranny. Social security? Tyranny. Basic income? Tyranny. Borders open to immigration of qualified workers? Tyranny. Having consequences for posting racist or conspiracy theory related stuff levied by the platform used? Tyranny. Democrats winning elections? Tyranny. The list goes on and on and on.

    supercommiesupercommie5 ditë më parë
  • This video is going to be really funny in a couple of months

    Matthew WhiteMatthew White5 ditë më parë
  • 14:09 - wait! it's 2021 it's not 2025 alongside Germany's next elections after those now in 2021! wait! be patient! 16:30 - creditors, guarantors, closest allies (uk for example) need to maintain the usa's look as stable as long as they have to and keep it looking in control of itself. see it as the wave of 2007 is finally coming home after it's short-lived tour in europe. it comes home amplified though. lol

    AGeneAGene5 ditë më parë
  • Someone better have saved that dog in the riot. That precious thing needs to be protected

    Christian GervaisChristian Gervais5 ditë më parë
  • The profesor says we need to spend on a factory John: "we are spending on medicare and other entitlement programs" John does not see the issue

    Wojciech JanekWojciech Janek5 ditë më parë
    • @Wojciech Janek Oh no, I named slightly the wrong program... except even then, not really, as increasingly large numbers of people over 65 are still in the work force.

      seigeengineseigeengine12 orë më parë
    • @seigeengine Medicare is a program for 65 old and older. So no, not a factory but a social program. Please do not accuse others of not grasping the problem if you have no knowledge of it.

      Wojciech JanekWojciech Janek12 orë më parë
    • The issue is you're struggling to reason at a basic level. Medicare and programs like it ARE a factory, because dead people aren't working, and sick people either can't work or work less efficiently. Therefor it is just like building a factory to take care of the health of your citizens.

      seigeengineseigeengine5 ditë më parë
  • why do you make fun of Durst family? Whats wrong about the debt clock?

    Wojciech JanekWojciech Janek5 ditë më parë
  • Dont worry cattle, just keep spending and consoooming, everything will be fine, trust me :)

    GorgonGorgon5 ditë më parë
  • Something like a quarter of the debt is held by the government itself. eg. Federal Reserve, SS trust fund, etc.

    Douglas BeersDouglas Beers5 ditë më parë
  • Basic using Elon as the example... considering how he generates his income. Why not Bezos... There's a clear, divisible difference in their philosophy on "Billionairedom." Also, one's a genuine Aspie, the others a small-man narcissistic sociopath.

    Jordie FitzgeraldJordie Fitzgerald5 ditë më parë
    • @seigeengine what constitutes "good" Can you do a psych breakdown & history on both. We'll compare notes. I think you'll find Elon's life philosophy & corporate actions & social, environmental & philanthropic actions are vastly less selfish and sociopathic than Jeff's. Hell they're better than yours & mine for certain! Are just judging Elon because he's become a billionaire?

      Jordie FitzgeraldJordie Fitzgerald4 ditë më parë
    • Neither of them are good people.

      seigeengineseigeengine5 ditë më parë
  • This one doesn’t feel right

    kshow666kshow6665 ditë më parë
  • I normally like Oliver but he's completely off base here. throughout history, every time the government destroys their Fiat currency with excess printing and spending, that society fails. Every time - from Roman, through Germany and most recently Venezuela. It DOES NOT MATTER if its a worthy cause or not or whether both the republicans and the democrats are the same, its still the best way to absolutely destroy the country. Oliver needs to stop being a spokesman for the democrats and do a bit more research on this particular issue. And finally, why do 'liberals' always resort to belittlement, insults and swearing in the end? This is a serious fking issue. If public loses faith in the fiat dollar, or in this case, the world stops using it as its reserve currency, all hell breaks lose.

    Joe MericaJoe Merica5 ditë më parë
    • @jotere erra I agree. USD is already starting to crash vs the CAD and EUR, And those two currencies are crap. WSJ and others are talking about inflation daily. Inflation is the #1 topic on corporate earnings calls this month. Housing up double digits. Fed is pumping trillions into the economy. But inflation is a 'talking point' to that clown.

      Joe MericaJoe Merica4 ditë më parë
    • @Joe Merica I'm totally convinced this guy is a clown so I wouldn't bother engaging tbh.

      jotere errajotere erra4 ditë më parë
    • @seigeengine you think the USA is immune to what has happened every other time in history for some reason?

      Joe MericaJoe Merica4 ditë më parë
    • @seigeengine then ignore me tf 😂😂 you clearly just demonstrated that you don't have the mental fortitude to even begin a debate. Just quit while you're ahead buddy, and walk away.

      jotere errajotere erra5 ditë më parë
    • @jotere erra I'm not interested in discussing anything outside the bounds of the subject being discussed. Any attempts will result in you being ignored. This is your second and last warning.

      seigeengineseigeengine5 ditë më parë
  • It was ok because of US world reserve currency status, if that ever changes...

    ZonZon5 ditë më parë