If Wine Ads Were Honest

https://www.youtube.com/watch?v=baxY3ICYHf4

15 Things That Are No Longer Worth Your Money

https://www.youtube.com/watch?v=ofsbonvwxj0

As someone who is already frugal, this seems like common sense.

Ryan Gosling explains how to turn debt into money | The Big Short

https://www.youtube.com/watch?v=v_DQtUK-FXg

This is a good movie, but its one failing is that it does not explain the government's role in the 2008 financial crisis.  Instead it blames greedy capitalists.

I am sure that there were greedy capitalists, but banks do not want to make bad loans.  It is a terrible business strategy.  Major corporations do not want to make bad investments.  I assume, rightly or wrongly, that investment banks do not want to sell bad and fraudulent securities to their customers.

The government created two Government Sponsored Enterprises to create and sell mortgage back securities to create liquidity in the housing loan market.  Then the government passed the Community Reinvestment Act that set goals for GSE's to pressure banks to create mortgages for people who would otherwise not be qualified   Also, there was no incentive for banks to make good loans when the GSE's would buy the loans regardless at a profit for the bank.  This is the cause of the subprime mortgage crisis.  

When the government interferes with the free market, usually worse results happen.

I remember a commercial on TV in the 2000's, probably created by a GSE, showing a black family being able to afford their first home.  This was the motivation of the government.

Why You Shouldn’t Trust Confident People

https://www.youtube.com/watch?v=9M_QK4stCJU&t=828s

The Economy

The reason oil is so cheap right now

https://www.youtube.com/watch?v=1xzyYPJEbVU

Why Voters Didn’t Buy the ‘Biden Boom’