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  • What you see here is $1000 in my hand.

  • I will give you this money every month to buy food, so you take the money.

  • But instead of spending all of it, you only spend $100 to buy food and the remaining $900 you buy luxury jackets and luxury vacations.

  • Because, you know, next month I'm going to give you another $1000 for food.

  • In a few months, I change my mind and don't give you money anymore.

  • Then, you say I need money for food.

  • But then I say I already gave you lots of money and you didn't spend it on food.

  • Sooner or later you will go hungry and starve.

  • You should have spent your money wisely.

  • This is not a fake scenario.

  • This is happening right now in America.

  • During the coronavirus outbreak, for example, take the airline industry.

  • For the last 10 years, airlines in America have been making billions and billions of dollars in profit.

  • But all these profits they took out of the company and into the pockets of the shareholders and they kept only 4% off their profits for the company's survival.

  • This is called a stock buyback, and it's what many companies have been doing for the past amazing 10 years.

  • Out of every $1000 in profits, $960 went for stock buybacks and only $40 went to the company for the tough times.

  • And now the tough times have arrived.

  • With coronavirus, no one is flying anymore.

  • So all the airlines, hotels and cruise liners are about to go bankrupt in literally two months unless they ask the government for a taxpayer money bailout.

  • This is America's money trap.

  • A trillion dollar stimulus to rescue the economy from the effects of this pandemic.

  • It could be the biggest bailout in American history.

  • When things go well, businesses keep all the money.

  • And when things go down, businesses ask taxpayers to help them.

  • Coronavirus is killing the world's businesses, including my business.

  • But unlike the airlines, my small business kept all the profits in the company so we don't go bankrupt.

  • While America's biggest businesses are abusing stock buybacks and America's tax payer money.

  • It's funny how the world works, isn't it?

  • If you're rich and you get in trouble, you need to be helped.

  • If you're poor and you're in trouble, it's your fault.

  • There's no other way to put it.

  • In America and in the rest of the world, we have socialism for the rich and capitalism for the poor.

  • Coronavirus is a serious threat and we need to help more.

  • But this time, let us give money to people who actually need food.

  • Stay home, stay safe and see you next week.

  • [End corporate greed]

  • Hey there.

  • How are you?

  • Thank you so much for watching the video.

  • Try watching another video.

  • They're short and they're meaningful.

  • Also, try following this channel.

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What you see here is $1000 in my hand.

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B1 america bailout stock company bankrupt trap

America's Money Trap

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    林宜悉 posted on 2020/11/27
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