Protect Yourself When the Economic Bubble Bursts (w/ Richard Wolff)

Economic bubbles all burst, and this one is going to be big says Professor Richard Wolff who joined Thom Hartmann to discuss the teetering edgy of the economy.

Will you be able to protect yourself from a financial crash, how will an economic crash now affect the 2020 election? Can this turn into a recession, depression, or something even worse?

Thom Hartmann and Richard Wolff discuss just how big this pop will be. Will it be the Crash of 2020?

MORE FROM THOM

FOLLOW THOM

ABOUT THE PROGRAM
The Thom Hartmann Program is the leading progressive political talk radio show for political news and comments about Government politics, be it Liberal or Conservative, plus special guests and callers.

#MoreFromThom #ThomAndRichardWolff #ThomOnEconomics

✔ Amazon links are affiliate links

[Arahansannihilation]

Can't help but feel something terrible is about to happen at any moment now.

[Bady]

Love this man. The professor is a national treasure. He’s been right all along with the American Capitalist System.

[dylnthmsn]

I hope everyone realizes how bad things are going to get. This is why we should have learned from history, from our grandparents about the depression, because this is going to be far worse with more people trying to survive.

[behindbarsmototouring]

The bubble was going to burst with or without Trump

[ewalker]

It's the money laundering market. There's too many decades old or more businesses that have filed bankruptcy, had particle closures or gone out of business. That domino has to fall.

[bradeckert]

This administration reminds me of the family getting evicted who rips out all of the plumbing and lighting fixtures as they leave the house. The GOP knows they won't get this chance again maybe ever.

[peterjol]

Almost all problems could be solved by making it financially worthwhile for people to SHARE the jobs we NEED people to do and work LESS....there would be no such thing as unemployment or shortages of jobs...and everyone (fit and healthy) could 'earn' their living and Inequality would be massively reduced. Only the notion that jobs must be around 40 hours a week maintains this nightmare job slavery world we have created.

[ritchievernon]

You can steal cookies in the cookie jar only so many times without getting caught! Once you're caught you get your hands slapped! Trump is about to get his hands slapped!

[Parture]

This bubble will never end, or at least it will be longer than the last one. Why? Because the government knows how to prevent it.

[patriciagriffin]

Thomas you are speaking to regular folks who don't necessarily have access to someone who will help them..please help us regular folks

[in-cite]

Rick Wolff is your best guest ever. Please bring him back soon and often!

[talicatinai]

Bubbles are not a problem. Faulty uncontrolled monetary policies are a problem.

[Max-rpft]

I’m a simple man. I see w/ Richard Wolff I drop what I’m doing and listen.

[garyvarnam]

The little people will not see any of this money! What will happen is stagflation like the 1970's!

[josephregallis]

I agree 100% with Prof. Wolff. My wife and I have investments in the SP 500 and we recently sold off some of it to purchase some impact windows for our home here in Florida. We feel better having a stronger house right now with all these storms and this is an active year so far. I will mention the professor's advice to my wife because I know it is very good information!

[talicatinai]

When used properly the English language is a useful means of communication. Destroy the economy if you must but treat the language with respect .

[TheJoska]

It's finally a time to burst! The best thing that can happen to get back to the basics!

[robertlussier]

The moral of the story (as I see it) is you are probably better off having nothing.
When the bubble bursts, you will lose the least, and having nothing, you are likely more prepared to deal with lean times, than those that never had to figure out how to feed a family of four for a week on $35.

[jedblow]

Gold baby gold. If you invested in gold 30 years ago you've lost nothing. The purchasing power of gold has kept up with inflation. Gold is not in a bubble. ETF's are very risky. When your time comes to collect your pension it may be greatly reduced or not there at all.

[gfarrell]

Hmmm... 20% medical sector, 40% financial sector... yeah, that sounds like a healthy economy.