Timothy Sumer

Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Nicole Gelinas, a fellow at the Manhattan Institute, has the answer, and it will have big implications for policymakers when they grapple with the next economic crisis. 🚨 PragerU is experiencing severe censorship on Big Tech platforms. Go to to watch our videos free from censorship! SUBSCRIBE 👉 📲 Take PragerU videos with you everywhere you go. Download our free mobile app! Download for Apple iOS ➡ Download for Android ➡ 📳 Join PragerU's text list! SHOP! 🛒 Love PragerU? Visit our store today! Script: In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as "the bailout" was brought about by three decades of bank de-regulation. There were a lot of caus

Manhattan Institute fellow Nicole Gelinas recently spoke with us about the bank bailouts, the stimulus, and potential solutions to the financial crisis.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Write an article about Nicole Gelinas on the Bank Bailouts in English https://inflationprotection.org/rewrite-this-title-nicole-gelinas-on-the-bank-bailouts/?feed_id=104315&_unique_id=647cad9761a46 #Inflation #Retirement #GoldIRA #Wealth #Investing #AIG #America #bailout #bank #brothers #citgroup #conservative #heartland #institute #lehman #liberal #libertarian #manhattan #obama #Of #politics #Stimulus #BankFailures #AIG #America #bailout #bank #brothers #citgroup #conservative #heartland #institute #lehman #liberal #libertarian #manhattan #obama #Of #politics #Stimulus

White House economic advisor Austan Goolsbee talks about AIG and its effects on the Presidents economic agenda. The Slate's John Dickerson gets his reaction to the House taxation bill.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The COVID-19 pandemic has had significant impacts on the global economy, and the United States has not been an exception. As more businesses struggle to stay afloat, the need for financial assistance in the form of bank bailouts has become more pressing. In response to this need, the White House has recently spoken out on its stance regarding bank bailouts. In a recent press conference, White House Press Secretary Jen Psaki addressed the issue of bank bailouts, stating that the Biden administration is committed to ensuring that aid is distributed fairly and transparently. She emphasized tha

50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain - one Euro-country after another is forced to support its banks with huge sums of money in order to equalize the losses incurred by money worldwide from bad loans. But where do the billions go anyway? Who are the beneficiaries? With this simple question the award-winning business journalist and nonfiction author Harald Schumann travels across Europe and gets surprising answers. The rescued are not in the poorer Euro states - unlike commonly believed - but mainly in Germany and France. A large part of the money ends up with the creditors of the banks that want to be saved or must be saved. And although these investors have obviously made bad investments, they are - against all logic of the free market economy - protected at the expense of the general public against any losses. Why? Who gets the money? Actually, simple questions, but that regard the core of European identity. Maybe the most passi

Subprime the Musical- Series of light-hearted podcasts designed to explain the Subprime Mortgage Crisis. To learn more visit: www.subprimethemusical.wordpress.com In this podcast, I go into detail about what it means when you nationalize a corporation, why the government involvement in the current situation is a little bit different and some of the solutions that have been proposed to fix the problems. E-mail: moneyandsociety@gmail.com... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing In 2008, the United States experienced a financial crisis that many referred to as the Great Recession. A significant factor that contributed to this crisis was the collapse of major banks and financial institutions. In response, the government implemented bank bailouts to stabilize the economy and prevent a complete financial collapse.