THIS IS REVOLUTION>podcast Ep. 64: Snowpiercing the Economy w/ Economist Arash Kolahi

THIS IS REVOLUTION >podcast - Podcast készítő bitterlake

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    He's the show economist and he's here to tell us what's going with the REAL economy.   From Arash: "Trying to prevent an economic recession/depression from the top-down is like trying to push string: The more you push, the more slack develops – but nothing moves along. Corporations will keep hoarding their capital & won’t hire employees or invest in the REAL economy. Corporations won’t spend one additional penny on hiring workers or additional capacity unless that penny returns more pennies. And that doesn’t happen unless consumers have money to spend on the goods & services they need. Top-down bailouts, like what we’ve seen over the past few months, never work. Never have & never will. They only function to further redistribute more wealth to the already wealthy, which is exactly what we’ve seen over the past few months. As the financial markets, large corporations & the 1% receive trillions in handouts, the REAL economy - the economy that affects you & I - is headed for a train wreck."   Thank you again for taking the time to check this out. If you'd like to support independent media such as this, BECOME A PATRON! You'll get bonus content from the shows, special patron only programing, and MUCH MORE!   Become a Patron: https://www.patreon.com/BitterLakePresents   Please like, follow, share, and subscribe to us on the following platforms:   Facebook https://www.facebook.com/Thisisrevolutionpodcast   YouTube https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg   Twitter https://twitter.com/TIRShowOakland   Instagram https://www.instagram.com/thisisrevolutionoakland/   Medium https://medium.com/@jasonmyles/they-dont-really-care-about-us-e2f1703ca39e

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