Warning: chmod(): Operation not permitted in /var/www/hopeinstoughton_www/wp-content/plugins/simple-universal-google-analytics/main.php on line 8 [0] in function chmod in /var/www/hopeinstoughton_www/wp-content/plugins/simple-universal-google-analytics/main.php on line 8 [1] in function include_once in /var/www/hopeinstoughton_www/wp-settings.php on line 560 [2] in function require_once in /var/www/hopeinstoughton_www/wp-config.php on line 85 [3] in function require_once in /var/www/hopeinstoughton_www/wp-load.php on line 50 [4] in function require_once in /var/www/hopeinstoughton_www/wp-blog-header.php on line 13 [5] in function require in /var/www/hopeinstoughton_www/index.php on line 17
| Server IP : 94.177.8.99 / Your IP : 216.73.217.165 Web Server : Apache/2.4.58 (Ubuntu) System : Linux aries 6.8.0-134-generic #134-Ubuntu SMP PREEMPT_DYNAMIC Fri Jun 26 18:43:11 UTC 2026 x86_64 User : www-data ( 33) PHP Version : 8.1.34 Disable Function : NONE MySQL : OFF | cURL : ON | WGET : ON | Perl : ON | Python : OFF | Sudo : ON | Pkexec : OFF Directory : /var/www/hopeinstoughton_cdn1/2/ |
Upload File : |
WEBVTT Kind: captions Language: en 00:00:05.100 --> 00:00:07.730 align:start position:0% x this<00:00:05.640><c> is</c><00:00:05.759><c> the</c><00:00:05.879><c> 2011</c><00:00:06.660><c> Rocky</c><00:00:07.259><c> Mountain</c><00:00:07.379><c> Bible</c> 00:00:07.730 --> 00:00:09.179 align:start position:0% x 00:00:07.740 --> 00:00:09.169 align:start position:0% x School 00:00:09.169 --> 00:00:13.139 align:start position:0% x 00:00:09.179 --> 00:00:13.129 align:start position:0% x the<00:00:09.660><c> evening</c><00:00:09.780><c> program</c><00:00:10.260><c> for</c><00:00:10.920><c> Monday</c><00:00:11.099><c> night</c> 00:00:13.129 --> 00:00:15.120 align:start position:0% x 00:00:13.139 --> 00:00:15.110 align:start position:0% x our<00:00:13.620><c> presenter</c><00:00:13.980><c> this</c><00:00:14.160><c> morning</c><00:00:14.400><c> or</c><00:00:14.639><c> this</c><00:00:14.880><c> this</c> 00:00:15.110 --> 00:00:17.160 align:start position:0% x 00:00:15.120 --> 00:00:17.150 align:start position:0% x evening<00:00:15.360><c> is</c><00:00:15.960><c> our</c><00:00:16.199><c> brother</c><00:00:16.320><c> Simon</c><00:00:16.800><c> O'Grady</c> 00:00:17.150 --> 00:00:20.760 align:start position:0% x 00:00:17.160 --> 00:00:20.750 align:start position:0% x from<00:00:17.699><c> the</c><00:00:18.480><c> tawa</c><00:00:18.900><c> New</c><00:00:19.140><c> Zealand</c><00:00:19.380><c> Ecclesia</c> 00:00:20.750 --> 00:00:23.760 align:start position:0% x 00:00:20.760 --> 00:00:23.750 align:start position:0% x and<00:00:21.119><c> his</c><00:00:21.300><c> topic</c><00:00:21.660><c> this</c><00:00:22.199><c> evening</c><00:00:22.380><c> is</c> 00:00:23.750 --> 00:00:26.519 align:start position:0% x 00:00:23.760 --> 00:00:26.509 align:start position:0% x the<00:00:24.420><c> global</c><00:00:24.840><c> financial</c><00:00:25.260><c> crisis</c><00:00:25.980><c> brother</c> 00:00:26.509 --> 00:00:29.060 align:start position:0% x 00:00:26.519 --> 00:00:29.060 align:start position:0% x Simon 00:00:37.490 --> 00:00:37.490 align:start position:0% x 00:00:37.500 --> 00:00:39.049 align:start position:0% x thank<00:00:37.800><c> you</c><00:00:37.920><c> brother</c><00:00:38.040><c> chairman</c><00:00:38.460><c> and</c><00:00:38.640><c> my</c><00:00:38.760><c> dear</c> 00:00:39.049 --> 00:00:41.280 align:start position:0% x 00:00:39.059 --> 00:00:41.270 align:start position:0% x brothers<00:00:39.180><c> and</c><00:00:39.480><c> sisters</c><00:00:39.960><c> in</c><00:00:40.320><c> Jesus</c><00:00:40.680><c> Christ</c><00:00:40.980><c> and</c> 00:00:41.270 --> 00:00:43.140 align:start position:0% x 00:00:41.280 --> 00:00:43.130 align:start position:0% x my<00:00:41.460><c> dear</c><00:00:41.700><c> young</c><00:00:41.879><c> people</c><00:00:42.059><c> well</c><00:00:42.780><c> this</c><00:00:43.020><c> evening</c> 00:00:43.130 --> 00:00:46.860 align:start position:0% x 00:00:43.140 --> 00:00:46.850 align:start position:0% x we're<00:00:43.500><c> going</c><00:00:43.620><c> to</c><00:00:43.800><c> take</c><00:00:44.160><c> a</c><00:00:44.460><c> it's</c><00:00:45.059><c> really</c><00:00:45.420><c> a</c><00:00:46.200><c> it's</c> 00:00:46.850 --> 00:00:51.000 align:start position:0% x 00:00:46.860 --> 00:00:50.990 align:start position:0% x supposed<00:00:47.520><c> to</c><00:00:47.700><c> be</c><00:00:48.000><c> a</c><00:00:48.239><c> lighter</c><00:00:49.200><c> easier</c><00:00:50.160><c> sort</c><00:00:50.940><c> of</c> 00:00:50.990 --> 00:00:52.199 align:start position:0% x 00:00:51.000 --> 00:00:52.189 align:start position:0% x approach<00:00:51.239><c> to</c><00:00:51.420><c> see</c><00:00:51.539><c> even</c><00:00:51.719><c> looking</c><00:00:51.899><c> at</c><00:00:52.079><c> the</c> 00:00:52.189 --> 00:00:54.000 align:start position:0% x 00:00:52.199 --> 00:00:53.990 align:start position:0% x global<00:00:52.500><c> financial</c><00:00:52.739><c> crisis</c><00:00:53.340><c> believe</c><00:00:53.640><c> it</c><00:00:53.879><c> or</c> 00:00:53.990 --> 00:00:54.899 align:start position:0% x 00:00:54.000 --> 00:00:54.889 align:start position:0% x not 00:00:54.889 --> 00:00:55.920 align:start position:0% x 00:00:54.899 --> 00:00:55.910 align:start position:0% x um 00:00:55.910 --> 00:00:58.320 align:start position:0% x 00:00:55.920 --> 00:00:58.310 align:start position:0% x The<00:00:56.640><c> Roots</c><00:00:57.059><c> have</c><00:00:57.239><c> come</c><00:00:57.600><c> from</c><00:00:57.780><c> a</c><00:00:57.899><c> presentation</c> 00:00:58.310 --> 00:01:00.719 align:start position:0% x 00:00:58.320 --> 00:01:00.709 align:start position:0% x I<00:00:58.559><c> gave</c><00:00:58.739><c> in</c><00:00:58.920><c> Australia</c><00:00:59.340><c> to</c><00:00:59.760><c> the</c><00:00:59.940><c> australasian</c> 00:01:00.709 --> 00:01:03.000 align:start position:0% x 00:01:00.719 --> 00:01:02.990 align:start position:0% x financial<00:01:01.199><c> planners</c><00:01:01.739><c> conference</c><00:01:02.219><c> and</c><00:01:02.879><c> what</c> 00:01:02.990 --> 00:01:05.100 align:start position:0% x 00:01:03.000 --> 00:01:05.090 align:start position:0% x they<00:01:03.180><c> asked</c><00:01:03.359><c> was</c><00:01:03.539><c> they</c><00:01:03.660><c> said</c><00:01:03.840><c> look</c><00:01:04.019><c> we</c><00:01:04.320><c> want</c><00:01:04.500><c> a</c> 00:01:05.090 --> 00:01:07.560 align:start position:0% x 00:01:05.100 --> 00:01:07.550 align:start position:0% x back<00:01:05.460><c> down</c><00:01:05.760><c> to</c><00:01:06.000><c> Basics</c><00:01:06.479><c> presentation</c><00:01:07.080><c> that</c> 00:01:07.550 --> 00:01:09.000 align:start position:0% x 00:01:07.560 --> 00:01:08.990 align:start position:0% x like<00:01:07.860><c> sorry</c><00:01:08.400><c> if</c><00:01:08.580><c> there's</c><00:01:08.700><c> any</c><00:01:08.820><c> financial</c> 00:01:08.990 --> 00:01:11.520 align:start position:0% x 00:01:09.000 --> 00:01:11.510 align:start position:0% x planners<00:01:09.540><c> in</c><00:01:09.720><c> the</c><00:01:09.840><c> audience</c><00:01:10.080><c> but</c><00:01:10.680><c> a</c><00:01:11.340><c> financial</c> 00:01:11.510 --> 00:01:13.560 align:start position:0% x 00:01:11.520 --> 00:01:13.550 align:start position:0% x planner<00:01:12.119><c> could</c><00:01:12.299><c> sort</c><00:01:12.479><c> of</c><00:01:12.540><c> understand</c><00:01:12.840><c> at</c><00:01:13.380><c> the</c> 00:01:13.550 --> 00:01:16.259 align:start position:0% x 00:01:13.560 --> 00:01:16.249 align:start position:0% x basic<00:01:13.920><c> level</c><00:01:14.240><c> that</c><00:01:15.240><c> gives</c><00:01:15.420><c> some</c><00:01:15.720><c> of</c><00:01:15.900><c> the</c><00:01:16.020><c> the</c> 00:01:16.249 --> 00:01:18.540 align:start position:0% x 00:01:16.259 --> 00:01:18.530 align:start position:0% x key<00:01:16.619><c> concepts</c><00:01:17.159><c> of</c><00:01:17.400><c> why</c><00:01:17.700><c> this</c><00:01:17.939><c> occurred</c><00:01:18.420><c> and</c> 00:01:18.530 --> 00:01:20.880 align:start position:0% x 00:01:18.540 --> 00:01:20.870 align:start position:0% x and<00:01:18.780><c> what</c><00:01:19.320><c> caused</c><00:01:19.619><c> it</c><00:01:19.799><c> so</c><00:01:19.979><c> that</c><00:01:20.460><c> was</c><00:01:20.580><c> the</c> 00:01:20.870 --> 00:01:22.200 align:start position:0% x 00:01:20.880 --> 00:01:22.190 align:start position:0% x original<00:01:20.939><c> base</c><00:01:21.420><c> to</c><00:01:21.659><c> some</c><00:01:21.840><c> what</c><00:01:22.020><c> you're</c><00:01:22.080><c> going</c> 00:01:22.190 --> 00:01:25.080 align:start position:0% x 00:01:22.200 --> 00:01:25.070 align:start position:0% x to<00:01:22.259><c> see</c><00:01:22.380><c> tonight</c><00:01:22.820><c> then</c><00:01:23.820><c> we've</c><00:01:24.180><c> added</c><00:01:24.540><c> in</c><00:01:24.720><c> two</c> 00:01:25.070 --> 00:01:27.479 align:start position:0% x 00:01:25.080 --> 00:01:27.469 align:start position:0% x or<00:01:25.259><c> three</c><00:01:25.500><c> key</c><00:01:25.799><c> things</c><00:01:26.040><c> that</c><00:01:26.460><c> also</c><00:01:27.060><c> occurred</c> 00:01:27.469 --> 00:01:31.799 align:start position:0% x 00:01:27.479 --> 00:01:31.789 align:start position:0% x over<00:01:27.720><c> that</c><00:01:28.020><c> period</c><00:01:28.320><c> of</c><00:01:28.880><c> 2007</c><00:01:29.880><c> 8</c><00:01:30.240><c> 9</c><00:01:30.540><c> into</c><00:01:31.020><c> 2010</c> 00:01:31.789 --> 00:01:34.079 align:start position:0% x 00:01:31.799 --> 00:01:34.069 align:start position:0% x which<00:01:32.280><c> I</c><00:01:32.460><c> think</c><00:01:32.520><c> give</c><00:01:32.759><c> us</c><00:01:32.939><c> a</c><00:01:33.180><c> a</c><00:01:33.540><c> number</c><00:01:33.900><c> of</c> 00:01:34.069 --> 00:01:36.299 align:start position:0% x 00:01:34.079 --> 00:01:36.289 align:start position:0% x insights<00:01:34.619><c> into</c><00:01:34.860><c> the</c><00:01:35.579><c> control</c><00:01:35.820><c> that</c><00:01:36.119><c> our</c> 00:01:36.289 --> 00:01:38.520 align:start position:0% x 00:01:36.299 --> 00:01:38.510 align:start position:0% x heavenly<00:01:36.720><c> father</c><00:01:36.900><c> has</c><00:01:37.320><c> and</c><00:01:37.619><c> can</c><00:01:37.920><c> have</c><00:01:38.159><c> over</c> 00:01:38.510 --> 00:01:41.520 align:start position:0% x 00:01:38.520 --> 00:01:41.510 align:start position:0% x the<00:01:39.180><c> systems</c><00:01:39.600><c> of</c><00:01:39.720><c> men</c><00:01:39.960><c> as</c><00:01:40.320><c> they</c><00:01:40.500><c> exist</c><00:01:40.860><c> so</c><00:01:41.340><c> I'd</c> 00:01:41.510 --> 00:01:43.320 align:start position:0% x 00:01:41.520 --> 00:01:43.310 align:start position:0% x like<00:01:41.700><c> to</c><00:01:41.880><c> start</c><00:01:42.119><c> this</c><00:01:42.360><c> evening</c><00:01:42.540><c> just</c><00:01:42.899><c> with</c><00:01:43.140><c> two</c> 00:01:43.310 --> 00:01:45.060 align:start position:0% x 00:01:43.320 --> 00:01:45.050 align:start position:0% x or<00:01:43.500><c> three</c><00:01:43.680><c> key</c><00:01:43.920><c> passages</c><00:01:44.399><c> that</c><00:01:44.700><c> going</c><00:01:44.939><c> to</c> 00:01:45.050 --> 00:01:48.600 align:start position:0% x 00:01:45.060 --> 00:01:48.590 align:start position:0% x Anchor<00:01:45.420><c> our</c><00:01:45.659><c> minds</c><00:01:46.079><c> on</c><00:01:46.860><c> on</c><00:01:47.220><c> the</c><00:01:47.460><c> the</c><00:01:47.640><c> idea</c><00:01:48.299><c> of</c> 00:01:48.590 --> 00:01:51.180 align:start position:0% x 00:01:48.600 --> 00:01:51.170 align:start position:0% x wealth<00:01:49.079><c> and</c><00:01:49.320><c> of</c><00:01:49.500><c> money</c><00:01:49.860><c> and</c><00:01:50.460><c> of</c><00:01:50.700><c> economic</c> 00:01:51.170 --> 00:01:52.979 align:start position:0% x 00:01:51.180 --> 00:01:52.969 align:start position:0% x prosperity<00:01:51.780><c> and</c><00:01:51.899><c> so</c><00:01:52.140><c> forth</c><00:01:52.380><c> from</c><00:01:52.560><c> a</c><00:01:52.740><c> Biblical</c> 00:01:52.969 --> 00:01:55.920 align:start position:0% x 00:01:52.979 --> 00:01:55.910 align:start position:0% x and<00:01:53.280><c> from</c><00:01:53.520><c> a</c><00:01:53.820><c> godly</c><00:01:54.420><c> perspective</c><00:01:55.079><c> we</c><00:01:55.619><c> can</c><00:01:55.680><c> keep</c> 00:01:55.910 --> 00:01:58.140 align:start position:0% x 00:01:55.920 --> 00:01:58.130 align:start position:0% x in<00:01:56.399><c> mind</c><00:01:56.520><c> as</c><00:01:56.759><c> we</c><00:01:56.880><c> then</c><00:01:57.060><c> go</c><00:01:57.299><c> through</c><00:01:57.479><c> the</c><00:01:57.719><c> crisis</c> 00:01:58.130 --> 00:01:59.520 align:start position:0% x 00:01:58.140 --> 00:01:59.510 align:start position:0% x itself 00:01:59.510 --> 00:02:01.560 align:start position:0% x 00:01:59.520 --> 00:02:01.550 align:start position:0% x so<00:02:00.060><c> let's</c><00:02:00.240><c> start</c><00:02:00.479><c> with</c><00:02:00.780><c> this</c><00:02:01.020><c> passage</c><00:02:01.380><c> in</c> 00:02:01.550 --> 00:02:05.040 align:start position:0% x 00:02:01.560 --> 00:02:05.030 align:start position:0% x first<00:02:01.740><c> John</c><00:02:02.100><c> chapter</c><00:02:02.399><c> 2</c><00:02:02.700><c> verse</c><00:02:03.060><c> 16.</c> 00:02:05.030 --> 00:02:09.179 align:start position:0% x 00:02:05.040 --> 00:02:09.169 align:start position:0% x and<00:02:05.520><c> 17.</c><00:02:06.420><c> a</c><00:02:07.140><c> absolute</c><00:02:07.860><c> truism</c><00:02:08.340><c> from</c><00:02:08.879><c> the</c> 00:02:09.169 --> 00:02:11.300 align:start position:0% x 00:02:09.179 --> 00:02:11.290 align:start position:0% x foundation<00:02:09.539><c> of</c><00:02:09.780><c> the</c><00:02:09.899><c> world</c><00:02:10.080><c> through</c><00:02:10.560><c> to</c><00:02:10.800><c> today</c> 00:02:11.290 --> 00:02:14.760 align:start position:0% x 00:02:11.300 --> 00:02:14.750 align:start position:0% x all<00:02:12.300><c> that</c><00:02:12.540><c> is</c><00:02:12.840><c> in</c><00:02:13.080><c> this</c><00:02:13.379><c> world</c><00:02:13.680><c> the</c><00:02:14.340><c> lust</c><00:02:14.580><c> of</c> 00:02:14.750 --> 00:02:17.160 align:start position:0% x 00:02:14.760 --> 00:02:17.150 align:start position:0% x the<00:02:14.879><c> flesh</c><00:02:15.239><c> the</c><00:02:15.840><c> lust</c><00:02:16.080><c> of</c><00:02:16.200><c> the</c><00:02:16.440><c> eyes</c><00:02:16.560><c> and</c><00:02:16.980><c> the</c> 00:02:17.150 --> 00:02:20.459 align:start position:0% x 00:02:17.160 --> 00:02:20.449 align:start position:0% x pride<00:02:17.400><c> of</c><00:02:17.520><c> life</c><00:02:17.760><c> is</c><00:02:18.480><c> not</c><00:02:18.720><c> of</c><00:02:19.140><c> the</c><00:02:19.440><c> father</c><00:02:19.620><c> but</c> 00:02:20.449 --> 00:02:23.879 align:start position:0% x 00:02:20.459 --> 00:02:23.869 align:start position:0% x is<00:02:20.760><c> of</c><00:02:21.300><c> the</c><00:02:21.720><c> world</c><00:02:21.959><c> and</c><00:02:22.800><c> the</c><00:02:23.040><c> world</c><00:02:23.220><c> passes</c> 00:02:23.869 --> 00:02:26.520 align:start position:0% x 00:02:23.879 --> 00:02:26.510 align:start position:0% x away<00:02:24.120><c> and</c><00:02:24.660><c> the</c><00:02:24.840><c> lust</c><00:02:25.200><c> thereof</c><00:02:25.620><c> but</c><00:02:26.160><c> he</c><00:02:26.340><c> that</c> 00:02:26.510 --> 00:02:29.580 align:start position:0% x 00:02:26.520 --> 00:02:29.570 align:start position:0% x doeth<00:02:26.879><c> the</c><00:02:27.060><c> will</c><00:02:27.239><c> of</c><00:02:27.420><c> God</c><00:02:27.599><c> abideth</c><00:02:28.379><c> forever</c><00:02:28.920><c> so</c> 00:02:29.570 --> 00:02:33.300 align:start position:0% x 00:02:29.580 --> 00:02:33.290 align:start position:0% x we<00:02:29.819><c> do</c><00:02:30.000><c> not</c><00:02:30.180><c> have</c><00:02:30.480><c> a</c><00:02:30.780><c> part</c><00:02:31.220><c> in</c><00:02:32.220><c> the</c><00:02:32.640><c> system</c><00:02:32.819><c> of</c> 00:02:33.290 --> 00:02:35.760 align:start position:0% x 00:02:33.300 --> 00:02:35.750 align:start position:0% x this<00:02:33.480><c> world</c><00:02:33.780><c> and</c><00:02:34.200><c> its</c><00:02:34.500><c> lusts</c><00:02:34.920><c> that's</c><00:02:35.519><c> the</c> 00:02:35.750 --> 00:02:37.019 align:start position:0% x 00:02:35.760 --> 00:02:37.009 align:start position:0% x thing<00:02:35.879><c> that's</c><00:02:36.120><c> going</c><00:02:36.360><c> to</c><00:02:36.480><c> be</c><00:02:36.540><c> driving</c><00:02:36.720><c> as</c> 00:02:37.009 --> 00:02:38.400 align:start position:0% x 00:02:37.019 --> 00:02:38.390 align:start position:0% x you'll<00:02:37.319><c> see</c><00:02:37.440><c> this</c><00:02:37.620><c> evening</c><00:02:37.800><c> the</c><00:02:38.220><c> financial</c> 00:02:38.390 --> 00:02:41.160 align:start position:0% x 00:02:38.400 --> 00:02:41.150 align:start position:0% x crisis<00:02:39.060><c> it's</c><00:02:39.780><c> about</c><00:02:39.959><c> monetary</c><00:02:40.500><c> prosperity</c> 00:02:41.150 --> 00:02:43.560 align:start position:0% x 00:02:41.160 --> 00:02:43.550 align:start position:0% x and<00:02:41.580><c> gain</c><00:02:41.879><c> in</c><00:02:42.120><c> this</c><00:02:42.360><c> life</c><00:02:42.599><c> we're</c><00:02:43.379><c> about</c> 00:02:43.550 --> 00:02:45.900 align:start position:0% x 00:02:43.560 --> 00:02:45.890 align:start position:0% x something<00:02:43.980><c> entirely</c><00:02:44.700><c> different</c> 00:02:45.890 --> 00:02:48.980 align:start position:0% x 00:02:45.900 --> 00:02:48.970 align:start position:0% x First<00:02:46.440><c> Timothy</c><00:02:47.040><c> has</c><00:02:47.280><c> this</c><00:02:47.519><c> to</c><00:02:47.760><c> say</c><00:02:47.940><c> godliness</c> 00:02:48.970 --> 00:02:53.220 align:start position:0% x 00:02:48.980 --> 00:02:53.210 align:start position:0% x with<00:02:49.980><c> contentment</c><00:02:50.640><c> that</c><00:02:51.540><c> is</c><00:02:51.780><c> great</c><00:02:52.080><c> gain</c><00:02:52.379><c> we</c> 00:02:53.210 --> 00:02:55.440 align:start position:0% x 00:02:53.220 --> 00:02:55.430 align:start position:0% x brought<00:02:53.519><c> nothing</c><00:02:53.760><c> into</c><00:02:54.120><c> this</c><00:02:54.480><c> world</c><00:02:54.660><c> it's</c> 00:02:55.430 --> 00:02:57.780 align:start position:0% x 00:02:55.440 --> 00:02:57.770 align:start position:0% x certain<00:02:55.680><c> we</c><00:02:55.920><c> can</c><00:02:56.099><c> carry</c><00:02:56.519><c> nothing</c><00:02:56.819><c> out</c><00:02:57.239><c> in</c> 00:02:57.770 --> 00:02:59.819 align:start position:0% x 00:02:57.780 --> 00:02:59.809 align:start position:0% x having<00:02:58.019><c> food</c><00:02:58.319><c> and</c><00:02:58.560><c> raiment</c><00:02:58.920><c> let</c><00:02:59.159><c> us</c><00:02:59.340><c> be</c><00:02:59.580><c> there</c> 00:02:59.809 --> 00:03:03.420 align:start position:0% x 00:02:59.819 --> 00:03:03.410 align:start position:0% x with<00:03:00.120><c> content</c><00:03:01.099><c> I</c><00:03:02.099><c> and</c><00:03:02.459><c> probably</c><00:03:02.700><c> many</c><00:03:03.060><c> of</c><00:03:03.239><c> you</c> 00:03:03.410 --> 00:03:05.879 align:start position:0% x 00:03:03.420 --> 00:03:05.869 align:start position:0% x all<00:03:03.840><c> got</c><00:03:04.019><c> caught</c><00:03:04.260><c> up</c><00:03:04.440><c> in</c><00:03:04.860><c> this</c><00:03:05.040><c> crisis</c><00:03:05.400><c> I</c><00:03:05.700><c> work</c> 00:03:05.869 --> 00:03:07.920 align:start position:0% x 00:03:05.879 --> 00:03:07.910 align:start position:0% x in<00:03:06.000><c> the</c><00:03:06.120><c> funds</c><00:03:06.420><c> management</c><00:03:06.599><c> area</c><00:03:07.080><c> and</c> 00:03:07.910 --> 00:03:10.860 align:start position:0% x 00:03:07.920 --> 00:03:10.850 align:start position:0% x experience<00:03:08.640><c> the</c><00:03:08.819><c> whole</c><00:03:09.060><c> process</c><00:03:09.540><c> and</c><00:03:10.319><c> in</c><00:03:10.739><c> my</c> 00:03:10.850 --> 00:03:12.659 align:start position:0% x 00:03:10.860 --> 00:03:12.649 align:start position:0% x own<00:03:11.040><c> personal</c><00:03:11.280><c> life</c><00:03:11.640><c> it's</c><00:03:11.879><c> hard</c><00:03:12.060><c> isn't</c><00:03:12.420><c> it</c><00:03:12.540><c> to</c> 00:03:12.649 --> 00:03:15.360 align:start position:0% x 00:03:12.659 --> 00:03:15.350 align:start position:0% x escape<00:03:12.900><c> this</c><00:03:13.440><c> whole</c><00:03:13.739><c> goal</c><00:03:14.580><c> of</c><00:03:14.700><c> the</c><00:03:14.940><c> world</c><00:03:15.120><c> to</c> 00:03:15.350 --> 00:03:17.700 align:start position:0% x 00:03:15.360 --> 00:03:17.690 align:start position:0% x economic<00:03:15.959><c> and</c><00:03:16.140><c> personal</c><00:03:16.379><c> Prosperity</c><00:03:17.159><c> you</c> 00:03:17.690 --> 00:03:19.140 align:start position:0% x 00:03:17.700 --> 00:03:19.130 align:start position:0% x know<00:03:17.819><c> there's</c><00:03:18.000><c> a</c><00:03:18.180><c> lot</c><00:03:18.300><c> for</c><00:03:18.480><c> me</c><00:03:18.599><c> to</c><00:03:18.780><c> learn</c><00:03:18.900><c> from</c> 00:03:19.130 --> 00:03:22.260 align:start position:0% x 00:03:19.140 --> 00:03:22.250 align:start position:0% x these<00:03:19.440><c> words</c><00:03:19.620><c> having</c><00:03:20.580><c> food</c><00:03:21.000><c> and</c><00:03:21.300><c> raiment</c><00:03:21.780><c> let</c> 00:03:22.250 --> 00:03:24.959 align:start position:0% x 00:03:22.260 --> 00:03:24.949 align:start position:0% x us<00:03:22.440><c> be</c><00:03:22.620><c> there</c><00:03:22.800><c> with</c><00:03:23.099><c> content</c><00:03:23.580><c> they</c><00:03:24.420><c> who</c><00:03:24.720><c> want</c> 00:03:24.949 --> 00:03:27.900 align:start position:0% x 00:03:24.959 --> 00:03:27.890 align:start position:0% x to<00:03:25.080><c> be</c><00:03:25.260><c> rich</c><00:03:25.560><c> fall</c><00:03:26.400><c> into</c><00:03:26.700><c> temptation</c><00:03:27.360><c> and</c><00:03:27.720><c> a</c> 00:03:27.890 --> 00:03:30.420 align:start position:0% x 00:03:27.900 --> 00:03:30.410 align:start position:0% x snare<00:03:28.200><c> into</c><00:03:28.799><c> many</c><00:03:29.159><c> foolish</c><00:03:29.760><c> and</c><00:03:29.940><c> hurtful</c> 00:03:30.410 --> 00:03:33.120 align:start position:0% x 00:03:30.420 --> 00:03:33.110 align:start position:0% x lusts<00:03:30.900><c> which</c><00:03:31.440><c> drown</c><00:03:31.860><c> men</c><00:03:32.099><c> in</c><00:03:32.340><c> destruction</c><00:03:32.700><c> and</c> 00:03:33.110 --> 00:03:36.420 align:start position:0% x 00:03:33.120 --> 00:03:36.410 align:start position:0% x Perdition<00:03:33.540><c> For</c><00:03:34.260><c> the</c><00:03:34.560><c> Love</c><00:03:34.739><c> of</c><00:03:35.159><c> Money</c><00:03:35.459><c> is</c><00:03:36.180><c> the</c> 00:03:36.410 --> 00:03:38.819 align:start position:0% x 00:03:36.420 --> 00:03:38.809 align:start position:0% x root<00:03:36.720><c> of</c><00:03:36.840><c> all</c><00:03:37.019><c> this</c><00:03:37.200><c> evil</c><00:03:37.560><c> which</c><00:03:38.220><c> while</c><00:03:38.459><c> some</c> 00:03:38.809 --> 00:03:40.860 align:start position:0% x 00:03:38.819 --> 00:03:40.850 align:start position:0% x coveted<00:03:39.360><c> after</c><00:03:39.599><c> they</c><00:03:40.019><c> have</c><00:03:40.140><c> heard</c><00:03:40.319><c> from</c><00:03:40.680><c> the</c> 00:03:40.850 --> 00:03:43.019 align:start position:0% x 00:03:40.860 --> 00:03:43.009 align:start position:0% x faith<00:03:41.159><c> and</c><00:03:41.700><c> pierced</c><00:03:42.239><c> themselves</c><00:03:42.659><c> through</c> 00:03:43.009 --> 00:03:45.840 align:start position:0% x 00:03:43.019 --> 00:03:45.830 align:start position:0% x with<00:03:43.379><c> many</c><00:03:43.680><c> Sorrows</c><00:03:44.280><c> but</c><00:03:45.060><c> thou</c><00:03:45.239><c> o</c><00:03:45.480><c> man</c><00:03:45.659><c> of</c><00:03:45.780><c> God</c> 00:03:45.830 --> 00:03:49.019 align:start position:0% x 00:03:45.840 --> 00:03:49.009 align:start position:0% x God<00:03:46.500><c> flee</c><00:03:47.159><c> these</c><00:03:47.519><c> things</c><00:03:47.700><c> and</c><00:03:48.480><c> follow</c><00:03:48.720><c> after</c> 00:03:49.009 --> 00:03:53.760 align:start position:0% x 00:03:49.019 --> 00:03:53.750 align:start position:0% x righteousness<00:03:50.060><c> godliness</c><00:03:51.319><c> Faith</c><00:03:52.319><c> love</c> 00:03:53.750 --> 00:03:56.459 align:start position:0% x 00:03:53.760 --> 00:03:56.449 align:start position:0% x patience<00:03:54.560><c> meekness</c><00:03:55.560><c> now</c><00:03:55.860><c> let's</c><00:03:56.099><c> have</c><00:03:56.280><c> a</c><00:03:56.400><c> look</c> 00:03:56.449 --> 00:03:58.860 align:start position:0% x 00:03:56.459 --> 00:03:58.850 align:start position:0% x at<00:03:56.640><c> those</c><00:03:56.939><c> things</c><00:03:57.239><c> again</c><00:03:57.659><c> because</c><00:03:58.379><c> you</c><00:03:58.739><c> know</c> 00:03:58.850 --> 00:04:00.299 align:start position:0% x 00:03:58.860 --> 00:04:00.289 align:start position:0% x there<00:03:58.980><c> are</c><00:03:59.099><c> many</c><00:03:59.220><c> brothers</c><00:03:59.459><c> and</c><00:03:59.640><c> sisters</c><00:04:00.000><c> down</c> 00:04:00.289 --> 00:04:02.939 align:start position:0% x 00:04:00.299 --> 00:04:02.929 align:start position:0% x in<00:04:00.840><c> the</c><00:04:01.080><c> lower</c><00:04:01.319><c> parts</c><00:04:01.680><c> of</c><00:04:01.920><c> the</c><00:04:02.220><c> of</c><00:04:02.580><c> the</c><00:04:02.879><c> world</c> 00:04:02.929 --> 00:04:04.500 align:start position:0% x 00:04:02.939 --> 00:04:04.490 align:start position:0% x in<00:04:03.239><c> New</c><00:04:03.420><c> Zealand</c><00:04:03.659><c> Australia</c><00:04:04.140><c> who</c><00:04:04.319><c> have</c> 00:04:04.490 --> 00:04:06.120 align:start position:0% x 00:04:04.500 --> 00:04:06.110 align:start position:0% x personally<00:04:04.799><c> been</c><00:04:05.040><c> affected</c><00:04:05.459><c> by</c><00:04:05.580><c> this</c><00:04:05.760><c> crisis</c> 00:04:06.110 --> 00:04:07.860 align:start position:0% x 00:04:06.120 --> 00:04:07.850 align:start position:0% x I<00:04:06.360><c> think</c><00:04:06.480><c> there's</c><00:04:06.599><c> probably</c><00:04:06.840><c> many</c><00:04:07.200><c> more</c><00:04:07.500><c> here</c> 00:04:07.850 --> 00:04:09.540 align:start position:0% x 00:04:07.860 --> 00:04:09.530 align:start position:0% x in<00:04:08.040><c> the</c><00:04:08.159><c> United</c><00:04:08.280><c> States</c><00:04:08.580><c> it</c><00:04:08.879><c> was</c><00:04:09.180><c> much</c><00:04:09.360><c> more</c> 00:04:09.530 --> 00:04:11.700 align:start position:0% x 00:04:09.540 --> 00:04:11.690 align:start position:0% x heavily<00:04:09.900><c> felt</c><00:04:10.319><c> uh</c><00:04:10.860><c> who</c><00:04:11.099><c> have</c><00:04:11.220><c> either</c><00:04:11.400><c> lost</c> 00:04:11.690 --> 00:04:13.980 align:start position:0% x 00:04:11.700 --> 00:04:13.970 align:start position:0% x jobs<00:04:12.000><c> or</c><00:04:12.360><c> been</c><00:04:12.540><c> caught</c><00:04:12.780><c> up</c><00:04:12.959><c> and</c><00:04:13.439><c> the</c><00:04:13.620><c> problems</c> 00:04:13.970 --> 00:04:15.780 align:start position:0% x 00:04:13.980 --> 00:04:15.770 align:start position:0% x of<00:04:14.159><c> this</c><00:04:14.340><c> crisis</c><00:04:14.760><c> and</c><00:04:15.000><c> the</c><00:04:15.120><c> suing</c><00:04:15.420><c> recession</c> 00:04:15.770 --> 00:04:18.180 align:start position:0% x 00:04:15.780 --> 00:04:18.170 align:start position:0% x well<00:04:16.380><c> let's</c><00:04:16.680><c> just</c><00:04:16.859><c> anchor</c><00:04:17.280><c> our</c><00:04:17.459><c> minds</c><00:04:17.820><c> back</c><00:04:18.000><c> to</c> 00:04:18.170 --> 00:04:19.620 align:start position:0% x 00:04:18.180 --> 00:04:19.610 align:start position:0% x what's<00:04:18.359><c> really</c><00:04:18.720><c> important</c><00:04:19.139><c> you</c><00:04:19.380><c> know</c><00:04:19.500><c> there</c> 00:04:19.610 --> 00:04:21.419 align:start position:0% x 00:04:19.620 --> 00:04:21.409 align:start position:0% x are<00:04:19.739><c> brothers</c><00:04:19.979><c> and</c><00:04:20.160><c> sisters</c><00:04:20.459><c> who</c><00:04:20.699><c> lost</c><00:04:20.940><c> wiped</c> 00:04:21.409 --> 00:04:23.220 align:start position:0% x 00:04:21.419 --> 00:04:23.210 align:start position:0% x out<00:04:21.540><c> everything</c><00:04:21.720><c> I've</c><00:04:22.079><c> got</c><00:04:22.259><c> good</c><00:04:22.380><c> friends</c><00:04:22.680><c> and</c> 00:04:23.210 --> 00:04:24.900 align:start position:0% x 00:04:23.220 --> 00:04:24.890 align:start position:0% x the<00:04:23.400><c> truth</c><00:04:23.520><c> back</c><00:04:23.820><c> there</c><00:04:24.060><c> in</c><00:04:24.240><c> Australia</c><00:04:24.660><c> New</c> 00:04:24.890 --> 00:04:27.240 align:start position:0% x 00:04:24.900 --> 00:04:27.230 align:start position:0% x Zealand<00:04:25.139><c> lost</c><00:04:25.500><c> everything</c><00:04:25.979><c> in</c><00:04:26.639><c> the</c><00:04:26.820><c> crisis</c> 00:04:27.230 --> 00:04:30.240 align:start position:0% x 00:04:27.240 --> 00:04:30.230 align:start position:0% x but<00:04:27.900><c> it</c><00:04:28.440><c> caused</c><00:04:28.740><c> them</c><00:04:28.860><c> to</c><00:04:29.040><c> come</c><00:04:29.220><c> back</c><00:04:29.460><c> to</c><00:04:29.940><c> these</c> 00:04:30.230 --> 00:04:33.960 align:start position:0% x 00:04:30.240 --> 00:04:33.950 align:start position:0% x anchors<00:04:30.600><c> righteousness</c><00:04:31.759><c> godliness</c><00:04:32.960><c> Faith</c> 00:04:33.950 --> 00:04:39.240 align:start position:0% x 00:04:33.960 --> 00:04:39.230 align:start position:0% x love<00:04:34.940><c> patience</c><00:04:35.960><c> meekness</c><00:04:36.960><c> that</c><00:04:37.860><c> is</c><00:04:38.340><c> real</c><00:04:38.699><c> true</c> 00:04:39.230 --> 00:04:41.340 align:start position:0% x 00:04:39.240 --> 00:04:41.330 align:start position:0% x game<00:04:39.540><c> so</c><00:04:40.080><c> let's</c><00:04:40.199><c> just</c><00:04:40.380><c> keep</c><00:04:40.620><c> that</c><00:04:40.800><c> in</c><00:04:40.919><c> mind</c><00:04:41.100><c> as</c> 00:04:41.330 --> 00:04:42.840 align:start position:0% x 00:04:41.340 --> 00:04:42.830 align:start position:0% x we<00:04:41.580><c> go</c><00:04:41.759><c> through</c><00:04:41.940><c> this</c><00:04:42.180><c> even</c><00:04:42.300><c> look</c><00:04:42.540><c> at</c><00:04:42.720><c> this</c> 00:04:42.830 --> 00:04:45.060 align:start position:0% x 00:04:42.840 --> 00:04:45.050 align:start position:0% x crisis<00:04:43.320><c> and</c><00:04:43.800><c> at</c><00:04:44.160><c> the</c><00:04:44.280><c> impact</c><00:04:44.520><c> on</c><00:04:44.759><c> the</c><00:04:44.940><c> world</c> 00:04:45.050 --> 00:04:48.000 align:start position:0% x 00:04:45.060 --> 00:04:47.990 align:start position:0% x that's<00:04:45.540><c> really</c><00:04:45.840><c> what</c><00:04:46.320><c> we</c><00:04:46.500><c> want</c><00:04:46.680><c> to</c><00:04:46.860><c> focus</c><00:04:47.160><c> on</c> 00:04:47.990 --> 00:04:49.860 align:start position:0% x 00:04:48.000 --> 00:04:49.850 align:start position:0% x now<00:04:48.479><c> I</c><00:04:48.660><c> want</c><00:04:48.780><c> to</c><00:04:48.900><c> jump</c><00:04:49.080><c> back</c><00:04:49.259><c> all</c><00:04:49.500><c> the</c><00:04:49.680><c> way to</c> 00:04:49.850 --> 00:04:52.320 align:start position:0% x 00:04:49.860 --> 00:04:52.310 align:start position:0% x genus<00:04:50.160><c> 11</c><00:04:50.340><c> and</c><00:04:50.639><c> the</c><00:04:50.759><c> story</c><00:04:50.880><c> of</c><00:04:51.060><c> the</c><00:04:51.120><c> Tara</c><00:04:51.360><c> Babel</c> 00:04:52.310 --> 00:04:54.419 align:start position:0% x 00:04:52.320 --> 00:04:54.409 align:start position:0% x pick<00:04:52.500><c> up</c><00:04:52.680><c> another</c><00:04:52.979><c> particular</c><00:04:53.580><c> point</c> 00:04:54.409 --> 00:04:56.639 align:start position:0% x 00:04:54.419 --> 00:04:56.629 align:start position:0% x in<00:04:54.960><c> the</c><00:04:55.139><c> founding</c><00:04:55.500><c> of</c><00:04:55.680><c> Babel</c><00:04:56.160><c> which</c><00:04:56.400><c> of</c><00:04:56.520><c> course</c> 00:04:56.629 --> 00:04:58.560 align:start position:0% x 00:04:56.639 --> 00:04:58.550 align:start position:0% x associated<00:04:57.240><c> with</c><00:04:57.419><c> Babylon</c><00:04:57.900><c> and</c><00:04:58.259><c> its</c> 00:04:58.550 --> 00:04:59.639 align:start position:0% x 00:04:58.560 --> 00:04:59.629 align:start position:0% x archetype 00:04:59.629 --> 00:05:02.220 align:start position:0% x 00:04:59.639 --> 00:05:02.210 align:start position:0% x the<00:05:00.240><c> establishment</c><00:05:00.840><c> of</c><00:05:01.259><c> the</c><00:05:01.500><c> principles</c><00:05:01.979><c> that</c> 00:05:02.210 --> 00:05:04.320 align:start position:0% x 00:05:02.220 --> 00:05:04.310 align:start position:0% x drive<00:05:02.460><c> the</c><00:05:02.699><c> kingdoms</c><00:05:03.120><c> of</c><00:05:03.240><c> men</c><00:05:03.479><c> and</c><00:05:03.720><c> of</c><00:05:03.900><c> Babylon</c> 00:05:04.310 --> 00:05:07.080 align:start position:0% x 00:05:04.320 --> 00:05:07.070 align:start position:0% x were<00:05:04.560><c> very</c><00:05:04.800><c> clearly</c><00:05:05.220><c> established</c><00:05:06.120><c> here</c><00:05:06.300><c> they</c> 00:05:07.070 --> 00:05:09.419 align:start position:0% x 00:05:07.080 --> 00:05:09.409 align:start position:0% x were<00:05:07.259><c> in</c><00:05:07.440><c> unity</c><00:05:07.800><c> the</c><00:05:08.400><c> whole</c><00:05:08.580><c> earth</c><00:05:08.759><c> was</c><00:05:09.120><c> one</c> 00:05:09.409 --> 00:05:11.340 align:start position:0% x 00:05:09.419 --> 00:05:11.330 align:start position:0% x language<00:05:09.660><c> one</c><00:05:10.199><c> speech</c><00:05:10.560><c> and</c><00:05:10.680><c> it</c><00:05:10.860><c> came</c><00:05:10.979><c> to</c><00:05:11.160><c> pass</c> 00:05:11.330 --> 00:05:12.840 align:start position:0% x 00:05:11.340 --> 00:05:12.830 align:start position:0% x as<00:05:11.580><c> they</c><00:05:11.820><c> journeyed</c><00:05:12.120><c> from</c><00:05:12.300><c> the</c><00:05:12.479><c> East</c><00:05:12.600><c> they</c> 00:05:12.830 --> 00:05:14.460 align:start position:0% x 00:05:12.840 --> 00:05:14.450 align:start position:0% x found<00:05:13.020><c> a</c><00:05:13.199><c> plane</c><00:05:13.440><c> in</c><00:05:13.560><c> the</c><00:05:13.680><c> land</c><00:05:13.800><c> of</c><00:05:13.979><c> China</c><00:05:14.160><c> and</c> 00:05:14.450 --> 00:05:16.500 align:start position:0% x 00:05:14.460 --> 00:05:16.490 align:start position:0% x dwelt<00:05:14.820><c> there</c><00:05:14.940><c> and</c><00:05:15.360><c> they</c><00:05:15.479><c> said</c><00:05:15.660><c> go</c><00:05:15.840><c> to</c><00:05:16.020><c> let</c><00:05:16.320><c> us</c> 00:05:16.490 --> 00:05:18.780 align:start position:0% x 00:05:16.500 --> 00:05:18.770 align:start position:0% x make<00:05:16.680><c> brick</c><00:05:17.100><c> and</c><00:05:17.280><c> burn</c><00:05:17.400><c> them</c><00:05:17.639><c> thoroughly</c><00:05:18.060><c> that</c> 00:05:18.770 --> 00:05:20.280 align:start position:0% x 00:05:18.780 --> 00:05:20.270 align:start position:0% x breakfast<00:05:18.960><c> stone</c><00:05:19.380><c> at</c><00:05:19.680><c> slimed</c><00:05:20.039><c> for</c><00:05:20.160><c> modern</c> 00:05:20.270 --> 00:05:23.220 align:start position:0% x 00:05:20.280 --> 00:05:23.210 align:start position:0% x Heritage<00:05:20.880><c> the</c><00:05:21.479><c> key</c><00:05:21.780><c> drivers</c><00:05:22.440><c> of</c><00:05:22.680><c> that</c><00:05:22.979><c> system</c> 00:05:23.210 --> 00:05:26.340 align:start position:0% x 00:05:23.220 --> 00:05:26.330 align:start position:0% x let<00:05:24.120><c> us</c><00:05:24.300><c> build</c><00:05:24.720><c> us</c><00:05:25.020><c> a</c><00:05:25.560><c> city</c> 00:05:26.330 --> 00:05:28.860 align:start position:0% x 00:05:26.340 --> 00:05:28.850 align:start position:0% x and<00:05:27.060><c> a</c><00:05:27.300><c> tower</c><00:05:27.479><c> whose</c><00:05:27.900><c> top</c><00:05:28.020><c> my</c><00:05:28.199><c> reach</c><00:05:28.500><c> to</c><00:05:28.680><c> the</c> 00:05:28.850 --> 00:05:32.039 align:start position:0% x 00:05:28.860 --> 00:05:32.029 align:start position:0% x heavens<00:05:29.160><c> and</c><00:05:29.880><c> let</c><00:05:30.060><c> us</c><00:05:30.240><c> make</c><00:05:30.600><c> us</c><00:05:30.900><c> a</c><00:05:31.259><c> name</c><00:05:31.500><c> lest</c> 00:05:32.029 --> 00:05:33.780 align:start position:0% x 00:05:32.039 --> 00:05:33.770 align:start position:0% x we<00:05:32.220><c> be</c><00:05:32.340><c> scattered</c><00:05:32.759><c> abroad</c><00:05:33.060><c> upon</c><00:05:33.300><c> the</c><00:05:33.419><c> face</c><00:05:33.539><c> of</c> 00:05:33.770 --> 00:05:35.220 align:start position:0% x 00:05:33.780 --> 00:05:35.210 align:start position:0% x the<00:05:33.900><c> whole</c><00:05:34.020><c> earth</c><00:05:34.199><c> and</c><00:05:34.620><c> it's</c><00:05:34.800><c> never</c><00:05:34.979><c> been</c> 00:05:35.210 --> 00:05:37.380 align:start position:0% x 00:05:35.220 --> 00:05:37.370 align:start position:0% x different<00:05:35.460><c> you</c><00:05:36.300><c> know</c><00:05:36.419><c> if</c><00:05:36.539><c> you</c><00:05:36.720><c> go</c><00:05:36.840><c> across</c><00:05:37.199><c> the</c> 00:05:37.370 --> 00:05:39.060 align:start position:0% x 00:05:37.380 --> 00:05:39.050 align:start position:0% x Brooklyn<00:05:37.560><c> you</c><00:05:37.919><c> look</c><00:05:38.039><c> back</c><00:05:38.220><c> at</c><00:05:38.460><c> the</c><00:05:38.580><c> Manhattan</c> 00:05:39.050 --> 00:05:41.699 align:start position:0% x 00:05:39.060 --> 00:05:41.689 align:start position:0% x skyline<00:05:39.419><c> what</c><00:05:39.660><c> do</c><00:05:39.840><c> you</c><00:05:39.900><c> see</c><00:05:40.080><c> the</c><00:05:40.919><c> city</c><00:05:41.160><c> that</c> 00:05:41.689 --> 00:05:44.280 align:start position:0% x 00:05:41.699 --> 00:05:44.270 align:start position:0% x man<00:05:41.880><c> has</c><00:05:42.120><c> built</c><00:05:42.539><c> full</c><00:05:43.380><c> of</c><00:05:43.500><c> towers</c><00:05:43.919><c> and</c> 00:05:44.270 --> 00:05:47.280 align:start position:0% x 00:05:44.280 --> 00:05:47.270 align:start position:0% x Covenant<00:05:44.699><c> names</c><00:05:45.000><c> you</c><00:05:45.720><c> go</c><00:05:45.900><c> down</c><00:05:46.259><c> to</c><00:05:46.620><c> Sydney</c><00:05:47.039><c> go</c> 00:05:47.270 --> 00:05:49.199 align:start position:0% x 00:05:47.280 --> 00:05:49.189 align:start position:0% x across<00:05:47.639><c> the</c><00:05:47.820><c> north</c><00:05:48.120><c> north</c><00:05:48.539><c> side</c><00:05:48.780><c> and</c><00:05:49.020><c> look</c> 00:05:49.189 --> 00:05:51.960 align:start position:0% x 00:05:49.199 --> 00:05:51.950 align:start position:0% x back<00:05:49.440><c> at</c><00:05:49.740><c> the</c><00:05:49.860><c> Sydney</c><00:05:50.160><c> downtown</c><00:05:50.479><c> same</c><00:05:51.479><c> thing</c><00:05:51.660><c> a</c> 00:05:51.950 --> 00:05:54.600 align:start position:0% x 00:05:51.960 --> 00:05:54.590 align:start position:0% x City<00:05:52.199><c> full</c><00:05:52.740><c> of</c><00:05:52.919><c> towers</c><00:05:53.280><c> all</c><00:05:53.880><c> covered</c><00:05:54.240><c> in</c><00:05:54.360><c> names</c> 00:05:54.590 --> 00:05:56.759 align:start position:0% x 00:05:54.600 --> 00:05:56.749 align:start position:0% x you<00:05:55.020><c> go</c><00:05:55.199><c> to</c><00:05:55.319><c> any</c><00:05:55.560><c> major</c><00:05:55.800><c> city</c><00:05:56.100><c> on</c><00:05:56.400><c> this</c><00:05:56.520><c> planet</c> 00:05:56.749 --> 00:05:59.220 align:start position:0% x 00:05:56.759 --> 00:05:59.210 align:start position:0% x and<00:05:57.120><c> it's</c><00:05:57.300><c> the</c><00:05:57.539><c> same</c><00:05:57.720><c> the</c><00:05:58.139><c> spirit</c><00:05:58.380><c> of</c><00:05:58.680><c> Babylon</c> 00:05:59.210 --> 00:06:01.979 align:start position:0% x 00:05:59.220 --> 00:06:01.969 align:start position:0% x still<00:06:00.060><c> drives</c><00:06:00.539><c> the</c><00:06:00.720><c> kingdoms</c><00:06:01.139><c> of</c><00:06:01.319><c> men</c><00:06:01.560><c> today</c> 00:06:01.969 --> 00:06:04.620 align:start position:0% x 00:06:01.979 --> 00:06:04.610 align:start position:0% x in<00:06:02.639><c> fact</c><00:06:02.819><c> you</c><00:06:03.000><c> know</c><00:06:03.120><c> an</c><00:06:03.360><c> amazing</c><00:06:03.720><c> thing</c> 00:06:04.610 --> 00:06:06.600 align:start position:0% x 00:06:04.620 --> 00:06:06.590 align:start position:0% x there's<00:06:05.280><c> a</c><00:06:05.460><c> battle</c><00:06:05.699><c> going</c><00:06:06.060><c> on</c><00:06:06.240><c> at</c><00:06:06.360><c> the</c><00:06:06.419><c> moment</c> 00:06:06.590 --> 00:06:08.759 align:start position:0% x 00:06:06.600 --> 00:06:08.749 align:start position:0% x the<00:06:06.840><c> Middle</c><00:06:07.020><c> East</c><00:06:07.199><c> and</c><00:06:07.440><c> Dubai</c><00:06:07.860><c> and</c><00:06:08.100><c> Kuwait</c><00:06:08.580><c> and</c> 00:06:08.749 --> 00:06:11.100 align:start position:0% x 00:06:08.759 --> 00:06:11.090 align:start position:0% x so<00:06:08.880><c> forth</c><00:06:09.240><c> to</c><00:06:09.419><c> build</c><00:06:09.660><c> the</c><00:06:10.080><c> tallest</c><00:06:10.620><c> Towers</c> 00:06:11.090 --> 00:06:13.080 align:start position:0% x 00:06:11.100 --> 00:06:13.070 align:start position:0% x it's<00:06:11.400><c> no</c><00:06:11.639><c> different</c><00:06:11.819><c> isn't</c><00:06:12.180><c> it</c><00:06:12.240><c> the</c><00:06:12.660><c> pride</c><00:06:12.900><c> of</c> 00:06:13.070 --> 00:06:15.300 align:start position:0% x 00:06:13.080 --> 00:06:15.290 align:start position:0% x man<00:06:13.199><c> becomes</c><00:06:13.620><c> encapsulated</c><00:06:14.220><c> in</c><00:06:14.460><c> it</c><00:06:14.639><c> plans</c><00:06:15.060><c> now</c> 00:06:15.290 --> 00:06:17.699 align:start position:0% x 00:06:15.300 --> 00:06:17.689 align:start position:0% x are<00:06:15.539><c> to</c><00:06:15.780><c> build</c><00:06:15.900><c> a</c><00:06:16.139><c> tower</c><00:06:16.380><c> over</c><00:06:16.979><c> a</c><00:06:17.280><c> kilometer</c> 00:06:17.689 --> 00:06:21.000 align:start position:0% x 00:06:17.699 --> 00:06:20.990 align:start position:0% x high<00:06:18.000><c> in</c><00:06:18.539><c> Kuwait</c><00:06:18.960><c> so</c><00:06:19.380><c> you</c><00:06:19.560><c> know</c><00:06:19.680><c> it's</c><00:06:20.220><c> nuts</c><00:06:20.759><c> but</c> 00:06:20.990 --> 00:06:23.520 align:start position:0% x 00:06:21.000 --> 00:06:23.510 align:start position:0% x it's<00:06:21.360><c> the</c><00:06:21.660><c> principles</c><00:06:22.199><c> driving</c><00:06:22.740><c> the</c><00:06:23.100><c> kingdoms</c> 00:06:23.510 --> 00:06:26.220 align:start position:0% x 00:06:23.520 --> 00:06:26.210 align:start position:0% x of<00:06:23.699><c> men</c><00:06:23.880><c> straight</c><00:06:24.720><c> out</c><00:06:24.960><c> of</c><00:06:25.139><c> Babylon</c><00:06:25.620><c> in</c><00:06:26.039><c> the</c> 00:06:26.210 --> 00:06:28.560 align:start position:0% x 00:06:26.220 --> 00:06:28.550 align:start position:0% x Inception<00:06:26.639><c> so</c><00:06:27.300><c> let's</c><00:06:27.660><c> keep</c><00:06:27.900><c> all</c><00:06:28.080><c> on</c><00:06:28.259><c> that</c><00:06:28.380><c> in</c> 00:06:28.550 --> 00:06:30.660 align:start position:0% x 00:06:28.560 --> 00:06:30.650 align:start position:0% x mind<00:06:28.740><c> that's</c><00:06:29.160><c> not</c><00:06:29.340><c> what</c><00:06:29.580><c> we're</c><00:06:29.699><c> about</c><00:06:29.880><c> we're</c> 00:06:30.650 --> 00:06:32.639 align:start position:0% x 00:06:30.660 --> 00:06:32.629 align:start position:0% x about<00:06:30.900><c> those</c><00:06:31.319><c> principles</c><00:06:31.860><c> of</c><00:06:32.100><c> godliness</c> 00:06:32.629 --> 00:06:34.500 align:start position:0% x 00:06:32.639 --> 00:06:34.490 align:start position:0% x that's<00:06:32.880><c> what</c><00:06:33.120><c> we</c><00:06:33.240><c> want</c><00:06:33.360><c> to</c><00:06:33.479><c> focus</c><00:06:33.720><c> on</c><00:06:33.960><c> but</c> 00:06:34.490 --> 00:06:35.880 align:start position:0% x 00:06:34.500 --> 00:06:35.870 align:start position:0% x we're<00:06:34.680><c> now</c><00:06:34.800><c> going</c><00:06:34.979><c> to</c><00:06:35.100><c> have</c><00:06:35.160><c> a</c><00:06:35.340><c> look</c><00:06:35.400><c> at</c><00:06:35.699><c> this</c> 00:06:35.870 --> 00:06:39.120 align:start position:0% x 00:06:35.880 --> 00:06:39.110 align:start position:0% x financial<00:06:36.060><c> crisis</c><00:06:36.720><c> now</c><00:06:36.900><c> what</c><00:06:37.139><c> was</c><00:06:37.319><c> the</c><00:06:37.560><c> GFC</c> 00:06:39.110 --> 00:06:41.100 align:start position:0% x 00:06:39.120 --> 00:06:41.090 align:start position:0% x GFC<00:06:39.960><c> refers</c><00:06:40.319><c> to</c><00:06:40.440><c> the</c><00:06:40.620><c> global</c><00:06:40.919><c> financial</c> 00:06:41.090 --> 00:06:42.840 align:start position:0% x 00:06:41.100 --> 00:06:42.830 align:start position:0% x crisis<00:06:41.639><c> occurred</c><00:06:42.060><c> between</c><00:06:42.180><c> September</c><00:06:42.720><c> and</c> 00:06:42.830 --> 00:06:45.660 align:start position:0% x 00:06:42.840 --> 00:06:45.650 align:start position:0% x November<00:06:43.319><c> 2008.</c><00:06:44.100><c> Global</c><00:06:44.819><c> Credit</c><00:06:45.000><c> markets</c> 00:06:45.650 --> 00:06:47.699 align:start position:0% x 00:06:45.660 --> 00:06:47.689 align:start position:0% x completely<00:06:46.080><c> ceased</c><00:06:46.500><c> to</c><00:06:46.620><c> function</c><00:06:46.919><c> it</c><00:06:47.340><c> led</c><00:06:47.580><c> to</c> 00:06:47.689 --> 00:06:49.259 align:start position:0% x 00:06:47.699 --> 00:06:49.249 align:start position:0% x a<00:06:47.880><c> near</c><00:06:48.060><c> total</c><00:06:48.479><c> collapse</c><00:06:48.840><c> of</c><00:06:49.020><c> the</c><00:06:49.139><c> world</c> 00:06:49.249 --> 00:06:52.979 align:start position:0% x 00:06:49.259 --> 00:06:52.969 align:start position:0% x financial<00:06:49.500><c> system</c><00:06:50.180><c> total</c><00:06:51.180><c> catastrophe</c><00:06:51.979><c> was</c> 00:06:52.969 --> 00:06:55.020 align:start position:0% x 00:06:52.979 --> 00:06:55.010 align:start position:0% x only<00:06:53.160><c> narrowly</c><00:06:53.639><c> averted</c><00:06:54.060><c> by</c><00:06:54.240><c> unprecedented</c> 00:06:55.010 --> 00:06:56.580 align:start position:0% x 00:06:55.020 --> 00:06:56.570 align:start position:0% x government<00:06:55.380><c> intervention</c><00:06:55.919><c> and</c><00:06:56.220><c> Global</c> 00:06:56.570 --> 00:06:59.340 align:start position:0% x 00:06:56.580 --> 00:06:59.330 align:start position:0% x coordination<00:06:57.000><c> and</c><00:06:57.599><c> it</c><00:06:57.720><c> was</c><00:06:57.900><c> large</c><00:06:58.620><c> chunks</c><00:06:59.160><c> of</c> 00:06:59.330 --> 00:07:01.139 align:start position:0% x 00:06:59.340 --> 00:07:01.129 align:start position:0% x private<00:06:59.699><c> borrowing</c><00:07:00.060><c> measured</c><00:07:00.539><c> in</c><00:07:00.660><c> trillions</c> 00:07:01.129 --> 00:07:03.419 align:start position:0% x 00:07:01.139 --> 00:07:03.409 align:start position:0% x were<00:07:01.740><c> taken</c><00:07:02.099><c> over</c><00:07:02.220><c> by</c><00:07:02.520><c> public</c><00:07:02.759><c> money</c><00:07:03.060><c> almost</c> 00:07:03.409 --> 00:07:05.400 align:start position:0% x 00:07:03.419 --> 00:07:05.390 align:start position:0% x every<00:07:03.780><c> country</c><00:07:04.020><c> of</c><00:07:04.319><c> the</c><00:07:04.440><c> world</c><00:07:04.560><c> the</c><00:07:05.280><c> result</c> 00:07:05.390 --> 00:07:08.039 align:start position:0% x 00:07:05.400 --> 00:07:08.029 align:start position:0% x was<00:07:05.639><c> a</c><00:07:05.819><c> halving</c><00:07:06.180><c> of</c><00:07:06.300><c> global</c><00:07:06.599><c> stock</c><00:07:06.780><c> markets</c> 00:07:08.029 --> 00:07:10.020 align:start position:0% x 00:07:08.039 --> 00:07:10.010 align:start position:0% x 30<00:07:08.580><c> percent</c><00:07:08.819><c> of</c><00:07:09.060><c> the</c><00:07:09.180><c> United</c><00:07:09.240><c> States</c><00:07:09.539><c> more</c> 00:07:10.010 --> 00:07:11.880 align:start position:0% x 00:07:10.020 --> 00:07:11.870 align:start position:0% x than<00:07:10.139><c> that</c><00:07:10.319><c> in</c><00:07:10.560><c> many</c><00:07:10.740><c> areas</c><00:07:11.099><c> Fallen</c><00:07:11.520><c> property</c> 00:07:11.870 --> 00:07:14.220 align:start position:0% x 00:07:11.880 --> 00:07:14.210 align:start position:0% x values<00:07:12.300><c> instant</c><00:07:12.960><c> demise</c><00:07:13.380><c> of</c><00:07:13.620><c> hundreds</c><00:07:14.099><c> and</c> 00:07:14.210 --> 00:07:16.020 align:start position:0% x 00:07:14.220 --> 00:07:16.010 align:start position:0% x hundreds<00:07:14.580><c> of</c><00:07:14.819><c> major</c><00:07:15.120><c> corporates</c><00:07:15.660><c> and</c><00:07:15.840><c> big</c> 00:07:16.010 --> 00:07:17.699 align:start position:0% x 00:07:16.020 --> 00:07:17.689 align:start position:0% x names<00:07:16.259><c> throughout</c><00:07:16.680><c> the</c><00:07:16.800><c> world</c><00:07:16.919><c> countless</c> 00:07:17.689 --> 00:07:20.460 align:start position:0% x 00:07:17.699 --> 00:07:20.450 align:start position:0% x smaller<00:07:18.180><c> ones</c><00:07:18.419><c> in</c><00:07:18.840><c> a</c><00:07:18.960><c> matter</c><00:07:19.139><c> of</c><00:07:19.319><c> weeks</c><00:07:19.680><c> that's</c> 00:07:20.450 --> 00:07:22.199 align:start position:0% x 00:07:20.460 --> 00:07:22.189 align:start position:0% x what<00:07:20.759><c> the</c><00:07:20.940><c> financial</c><00:07:21.120><c> crisis</c><00:07:21.720><c> was</c><00:07:21.960><c> it</c> 00:07:22.189 --> 00:07:23.940 align:start position:0% x 00:07:22.199 --> 00:07:23.930 align:start position:0% x happened<00:07:22.380><c> very</c><00:07:22.740><c> quick</c><00:07:22.919><c> and</c><00:07:23.520><c> it</c><00:07:23.699><c> was</c><00:07:23.819><c> an</c> 00:07:23.930 --> 00:07:26.880 align:start position:0% x 00:07:23.940 --> 00:07:26.870 align:start position:0% x enormous<00:07:24.500><c> earth-shattering</c><00:07:25.500><c> experience</c> 00:07:26.870 --> 00:07:29.520 align:start position:0% x 00:07:26.880 --> 00:07:29.510 align:start position:0% x terms<00:07:27.720><c> of</c><00:07:27.840><c> charts</c><00:07:28.199><c> this</c><00:07:28.380><c> is</c><00:07:28.620><c> the</c><00:07:28.919><c> or</c><00:07:29.220><c> a</c><00:07:29.400><c> version</c> 00:07:29.510 --> 00:07:33.419 align:start position:0% x 00:07:29.520 --> 00:07:33.409 align:start position:0% x of<00:07:29.940><c> the</c><00:07:30.360><c> the</c><00:07:30.900><c> stock</c><00:07:31.199><c> index</c><00:07:31.620><c> of</c><00:07:31.919><c> the</c><00:07:32.099><c> Dow</c><00:07:32.340><c> Jones</c> 00:07:33.409 --> 00:07:35.819 align:start position:0% x 00:07:33.419 --> 00:07:35.809 align:start position:0% x the<00:07:33.780><c> uh</c><00:07:34.139><c> the</c><00:07:34.440><c> main</c><00:07:34.500><c> stock</c><00:07:34.740><c> index</c><00:07:35.220><c> in</c><00:07:35.699><c> the</c> 00:07:35.809 --> 00:07:38.280 align:start position:0% x 00:07:35.819 --> 00:07:38.270 align:start position:0% x United<00:07:35.940><c> States</c><00:07:36.500><c> they've</c><00:07:37.500><c> been</c><00:07:37.620><c> a</c><00:07:37.800><c> lead</c><00:07:37.860><c> up</c><00:07:38.099><c> of</c> 00:07:38.270 --> 00:07:41.580 align:start position:0% x 00:07:38.280 --> 00:07:41.570 align:start position:0% x course<00:07:38.400><c> the</c><00:07:38.699><c> early</c><00:07:38.880><c> 2000s</c><00:07:39.660><c> enormous</c><00:07:40.380><c> boom</c><00:07:41.340><c> in</c> 00:07:41.570 --> 00:07:43.740 align:start position:0% x 00:07:41.580 --> 00:07:43.730 align:start position:0% x the<00:07:41.759><c> value</c><00:07:41.880><c> of</c><00:07:42.120><c> stock</c><00:07:42.360><c> markets</c><00:07:42.960><c> uh</c><00:07:43.500><c> probably</c> 00:07:43.730 --> 00:07:46.379 align:start position:0% x 00:07:43.740 --> 00:07:46.369 align:start position:0% x some<00:07:44.039><c> of</c><00:07:44.160><c> you</c><00:07:44.340><c> here</c><00:07:44.759><c> who</c><00:07:45.180><c> have</c><00:07:45.780><c> have</c><00:07:46.020><c> those</c> 00:07:46.369 --> 00:07:48.360 align:start position:0% x 00:07:46.379 --> 00:07:48.350 align:start position:0% x supernation<00:07:47.340><c> plans</c><00:07:47.699><c> have</c><00:07:47.879><c> got</c><00:07:48.060><c> what</c><00:07:48.240><c> they're</c> 00:07:48.350 --> 00:07:51.900 align:start position:0% x 00:07:48.360 --> 00:07:51.890 align:start position:0% x called<00:07:48.599><c> 501</c><00:07:49.440><c> 5</c><00:07:49.740><c> or</c><00:07:50.039><c> something</c><00:07:50.160><c> or</c><00:07:50.400><c> other</c><00:07:50.900><c> k2014</c> 00:07:51.890 --> 00:07:53.879 align:start position:0% x 00:07:51.900 --> 00:07:53.869 align:start position:0% x 401K<00:07:52.800><c> plans</c> 00:07:53.869 --> 00:07:55.080 align:start position:0% x 00:07:53.879 --> 00:07:55.070 align:start position:0% x um probably<00:07:54.120><c> we're</c><00:07:54.419><c> living</c><00:07:54.660><c> through</c><00:07:54.960><c> that</c> 00:07:55.070 --> 00:07:56.639 align:start position:0% x 00:07:55.080 --> 00:07:56.629 align:start position:0% x going<00:07:55.199><c> wow</c><00:07:55.500><c> look</c><00:07:55.620><c> at</c><00:07:55.740><c> this</c><00:07:55.919><c> isn't</c><00:07:56.280><c> this</c><00:07:56.460><c> pretty</c> 00:07:56.629 --> 00:07:59.580 align:start position:0% x 00:07:56.639 --> 00:07:59.570 align:start position:0% x good<00:07:56.819><c> and</c><00:07:57.539><c> uh</c><00:07:57.840><c> ended</c><00:07:58.379><c> up</c><00:07:58.500><c> in</c><00:07:58.680><c> 2007</c><00:07:59.340><c> this</c> 00:07:59.570 --> 00:08:01.740 align:start position:0% x 00:07:59.580 --> 00:08:01.730 align:start position:0% x enormous<00:08:00.060><c> Peak</c><00:08:00.479><c> and</c><00:08:01.020><c> there</c><00:08:01.199><c> are</c><00:08:01.319><c> a</c><00:08:01.440><c> couple</c><00:08:01.560><c> of</c> 00:08:01.730 --> 00:08:03.539 align:start position:0% x 00:08:01.740 --> 00:08:03.529 align:start position:0% x sort<00:08:02.160><c> of</c><00:08:02.280><c> earthquakes</c> 00:08:03.529 --> 00:08:05.400 align:start position:0% x 00:08:03.539 --> 00:08:05.390 align:start position:0% x couple<00:08:04.080><c> of</c><00:08:04.319><c> little</c><00:08:04.379><c> shocks</c><00:08:04.979><c> that</c><00:08:05.039><c> occurred</c> 00:08:05.390 --> 00:08:07.259 align:start position:0% x 00:08:05.400 --> 00:08:07.249 align:start position:0% x there<00:08:05.520><c> as</c><00:08:05.699><c> you</c><00:08:05.819><c> see</c><00:08:06.120><c> the</c><00:08:06.300><c> stock</c><00:08:06.660><c> market</c><00:08:06.840><c> fell</c> 00:08:07.249 --> 00:08:09.000 align:start position:0% x 00:08:07.259 --> 00:08:08.990 align:start position:0% x dramatically<00:08:07.800><c> and</c><00:08:07.979><c> then</c><00:08:08.160><c> rebounded</c><00:08:08.699><c> very</c> 00:08:08.990 --> 00:08:11.220 align:start position:0% x 00:08:09.000 --> 00:08:11.210 align:start position:0% x strongly<00:08:09.360><c> fell</c><00:08:09.960><c> again</c><00:08:10.199><c> then</c><00:08:10.560><c> rebounded</c> 00:08:11.210 --> 00:08:13.500 align:start position:0% x 00:08:11.220 --> 00:08:13.490 align:start position:0% x strongly<00:08:11.759><c> and</c><00:08:12.479><c> uh</c><00:08:12.720><c> people</c><00:08:13.020><c> were</c><00:08:13.199><c> saying</c><00:08:13.379><c> well</c> 00:08:13.490 --> 00:08:15.240 align:start position:0% x 00:08:13.500 --> 00:08:15.230 align:start position:0% x you<00:08:13.680><c> know</c><00:08:13.800><c> it's</c><00:08:13.979><c> over</c><00:08:14.340><c> but</c><00:08:14.639><c> we're</c><00:08:14.879><c> still</c><00:08:15.060><c> going</c> 00:08:15.230 --> 00:08:16.919 align:start position:0% x 00:08:15.240 --> 00:08:16.909 align:start position:0% x to<00:08:15.360><c> maintain</c><00:08:15.660><c> these</c><00:08:16.080><c> sorts</c><00:08:16.319><c> of</c><00:08:16.379><c> the</c><00:08:16.560><c> heights</c> 00:08:16.909 --> 00:08:19.440 align:start position:0% x 00:08:16.919 --> 00:08:19.430 align:start position:0% x but<00:08:17.580><c> then</c><00:08:17.819><c> something</c><00:08:18.240><c> uh</c><00:08:19.080><c> pretty</c><00:08:19.259><c> bad</c> 00:08:19.430 --> 00:08:21.900 align:start position:0% x 00:08:19.440 --> 00:08:21.890 align:start position:0% x happened<00:08:19.699><c> pressure</c><00:08:20.699><c> began</c><00:08:21.180><c> to</c><00:08:21.300><c> come</c><00:08:21.419><c> off</c><00:08:21.599><c> so</c> 00:08:21.890 --> 00:08:23.759 align:start position:0% x 00:08:21.900 --> 00:08:23.749 align:start position:0% x for<00:08:22.199><c> several</c><00:08:22.680><c> large</c><00:08:22.860><c> particularly</c><00:08:23.520><c> Wall</c> 00:08:23.749 --> 00:08:25.919 align:start position:0% x 00:08:23.759 --> 00:08:25.909 align:start position:0% x Street<00:08:24.000><c> firms</c><00:08:24.599><c> are</c><00:08:25.139><c> causing</c><00:08:25.500><c> some</c><00:08:25.680><c> of</c><00:08:25.800><c> these</c> 00:08:25.909 --> 00:08:28.259 align:start position:0% x 00:08:25.919 --> 00:08:28.249 align:start position:0% x oscillations<00:08:26.520><c> and</c><00:08:27.360><c> the</c><00:08:27.599><c> great</c><00:08:27.840><c> debate</c> 00:08:28.249 --> 00:08:30.060 align:start position:0% x 00:08:28.259 --> 00:08:30.050 align:start position:0% x started<00:08:28.680><c> going</c><00:08:28.860><c> on</c><00:08:29.099><c> inside</c><00:08:29.280><c> United</c><00:08:29.759><c> States</c> 00:08:30.050 --> 00:08:32.700 align:start position:0% x 00:08:30.060 --> 00:08:32.690 align:start position:0% x Circle<00:08:30.360><c> was</c><00:08:30.660><c> about</c><00:08:30.900><c> why</c><00:08:31.740><c> should</c><00:08:32.039><c> public</c><00:08:32.339><c> money</c> 00:08:32.690 --> 00:08:36.180 align:start position:0% x 00:08:32.700 --> 00:08:36.170 align:start position:0% x Main<00:08:33.360><c> Street</c><00:08:33.659><c> of</c><00:08:34.080><c> the</c><00:08:34.200><c> USA</c><00:08:34.620><c> bail</c><00:08:35.519><c> out</c><00:08:35.760><c> Wall</c> 00:08:36.170 --> 00:08:38.399 align:start position:0% x 00:08:36.180 --> 00:08:38.389 align:start position:0% x Street<00:08:36.419><c> you</c><00:08:36.779><c> shouldn't</c><00:08:37.019><c> use</c><00:08:37.140><c> public</c><00:08:37.440><c> money</c><00:08:37.860><c> to</c> 00:08:38.389 --> 00:08:39.779 align:start position:0% x 00:08:38.399 --> 00:08:39.769 align:start position:0% x bail<00:08:38.640><c> them</c><00:08:38.820><c> out</c><00:08:38.940><c> and</c><00:08:39.180><c> there</c><00:08:39.300><c> became</c><00:08:39.599><c> this</c> 00:08:39.769 --> 00:08:41.940 align:start position:0% x 00:08:39.779 --> 00:08:41.930 align:start position:0% x little<00:08:39.959><c> crisis</c><00:08:40.440><c> and</c><00:08:40.860><c> finally</c> 00:08:41.930 --> 00:08:45.180 align:start position:0% x 00:08:41.940 --> 00:08:45.170 align:start position:0% x the<00:08:42.659><c> whole</c><00:08:42.839><c> thing</c><00:08:43.080><c> cracked</c><00:08:43.620><c> when</c><00:08:44.399><c> they</c><00:08:44.640><c> let</c><00:08:44.880><c> a</c> 00:08:45.170 --> 00:08:47.339 align:start position:0% x 00:08:45.180 --> 00:08:47.329 align:start position:0% x company<00:08:45.360><c> called</c><00:08:45.660><c> bear</c><00:08:45.959><c> Stearns</c><00:08:46.440><c> go</c><00:08:46.680><c> all</c><00:08:47.220><c> right</c> 00:08:47.329 --> 00:08:48.839 align:start position:0% x 00:08:47.339 --> 00:08:48.829 align:start position:0% x so<00:08:47.459><c> up</c><00:08:47.700><c> to</c><00:08:47.820><c> this</c><00:08:48.060><c> point</c><00:08:48.240><c> there</c><00:08:48.420><c> have</c><00:08:48.600><c> been</c><00:08:48.660><c> a</c> 00:08:48.829 --> 00:08:50.940 align:start position:0% x 00:08:48.839 --> 00:08:50.930 align:start position:0% x number<00:08:48.959><c> of</c><00:08:49.140><c> sort</c><00:08:49.500><c> of</c><00:08:49.620><c> Sado</c><00:08:49.920><c> bailouts</c><00:08:50.760><c> and</c> 00:08:50.930 --> 00:08:52.500 align:start position:0% x 00:08:50.940 --> 00:08:52.490 align:start position:0% x orchestration<00:08:51.480><c> trying</c><00:08:51.839><c> to</c><00:08:51.959><c> bail</c><00:08:52.200><c> out</c><00:08:52.380><c> some</c> 00:08:52.490 --> 00:08:54.839 align:start position:0% x 00:08:52.500 --> 00:08:54.829 align:start position:0% x worst<00:08:52.860><c> Street</c><00:08:53.040><c> firms</c><00:08:53.459><c> finally</c><00:08:54.300><c> at</c><00:08:54.480><c> this</c><00:08:54.660><c> point</c> 00:08:54.829 --> 00:08:57.240 align:start position:0% x 00:08:54.839 --> 00:08:57.230 align:start position:0% x they<00:08:55.080><c> let</c><00:08:55.260><c> one</c><00:08:55.440><c> go</c><00:08:55.740><c> and</c><00:08:56.459><c> that</c><00:08:56.640><c> caused</c><00:08:57.060><c> the</c> 00:08:57.230 --> 00:08:58.860 align:start position:0% x 00:08:57.240 --> 00:08:58.850 align:start position:0% x complete<00:08:57.660><c> crack</c><00:08:57.839><c> and</c><00:08:58.080><c> the</c><00:08:58.260><c> confidence</c><00:08:58.560><c> of</c> 00:08:58.850 --> 00:09:01.260 align:start position:0% x 00:08:58.860 --> 00:09:01.250 align:start position:0% x financial<00:08:59.040><c> markets</c><00:08:59.820><c> and</c><00:09:00.360><c> the</c><00:09:00.540><c> collapse</c><00:09:01.019><c> then</c> 00:09:01.250 --> 00:09:03.060 align:start position:0% x 00:09:01.260 --> 00:09:03.050 align:start position:0% x in<00:09:01.680><c> stock</c><00:09:01.860><c> markets</c><00:09:02.339><c> around</c><00:09:02.519><c> the</c><00:09:02.760><c> globe</c> 00:09:03.050 --> 00:09:06.420 align:start position:0% x 00:09:03.060 --> 00:09:06.410 align:start position:0% x companies<00:09:03.779><c> like</c><00:09:04.519><c> Citigroup</c><00:09:05.519><c> the</c><00:09:05.940><c> world's</c><00:09:06.300><c> at</c> 00:09:06.410 --> 00:09:08.640 align:start position:0% x 00:09:06.420 --> 00:09:08.630 align:start position:0% x that<00:09:06.540><c> time</c><00:09:06.720><c> biggest</c><00:09:07.019><c> bank</c><00:09:07.380><c> went</c><00:09:07.680><c> from</c><00:09:07.980><c> 55</c> 00:09:08.630 --> 00:09:11.760 align:start position:0% x 00:09:08.640 --> 00:09:11.750 align:start position:0% x dollars<00:09:09.180><c> per</c><00:09:09.480><c> share</c><00:09:09.720><c> to</c><00:09:10.320><c> 20</c><00:09:10.560><c> cents</c> 00:09:11.750 --> 00:09:14.459 align:start position:0% x 00:09:11.760 --> 00:09:14.449 align:start position:0% x companies<00:09:12.540><c> like</c><00:09:12.899><c> American</c><00:09:13.440><c> Insurance</c><00:09:13.920><c> Group</c> 00:09:14.449 --> 00:09:19.680 align:start position:0% x 00:09:14.459 --> 00:09:19.670 align:start position:0% x went<00:09:15.060><c> from</c><00:09:15.300><c> 1</c><00:09:15.839><c> 450</c><00:09:16.740><c> a</c><00:09:17.339><c> share</c><00:09:17.640><c> to</c><00:09:18.180><c> 25</c><00:09:18.540><c> cents</c> 00:09:19.670 --> 00:09:23.040 align:start position:0% x 00:09:19.680 --> 00:09:23.030 align:start position:0% x so<00:09:20.399><c> huge</c><00:09:21.000><c> impact</c><00:09:21.360><c> in</c><00:09:21.660><c> this</c><00:09:21.839><c> crisis</c><00:09:22.260><c> and</c><00:09:22.860><c> that</c> 00:09:23.030 --> 00:09:24.540 align:start position:0% x 00:09:23.040 --> 00:09:24.530 align:start position:0% x happened<00:09:23.220><c> because</c> 00:09:24.530 --> 00:09:27.019 align:start position:0% x 00:09:24.540 --> 00:09:27.009 align:start position:0% x nobody<00:09:25.320><c> could</c><00:09:25.620><c> trust</c><00:09:25.980><c> anybody</c><00:09:26.459><c> else</c><00:09:26.760><c> before</c> 00:09:27.009 --> 00:09:30.560 align:start position:0% x 00:09:27.019 --> 00:09:30.560 align:start position:0% x anyone<00:09:28.019><c> else</c><00:09:28.200><c> anymore</c> 00:09:32.990 --> 00:09:32.990 align:start position:0% x 00:09:33.000 --> 00:09:36.590 align:start position:0% x them<00:09:33.540><c> this</c><00:09:34.080><c> name</c><00:09:34.260><c> came</c><00:09:34.620><c> across</c><00:09:35.040><c> the</c><00:09:35.600><c> newswise</c> 00:09:36.590 --> 00:09:38.760 align:start position:0% x 00:09:36.600 --> 00:09:38.750 align:start position:0% x you<00:09:36.720><c> would</c><00:09:36.899><c> have</c><00:09:37.019><c> heard</c><00:09:37.140><c> of</c><00:09:37.260><c> this</c><00:09:37.380><c> Chapin</c> 00:09:38.750 --> 00:09:40.800 align:start position:0% x 00:09:38.760 --> 00:09:40.790 align:start position:0% x Bernie<00:09:39.300><c> Madoff</c><00:09:39.660><c> the</c><00:09:39.899><c> biggest</c><00:09:40.080><c> swinder</c><00:09:40.620><c> on</c> 00:09:40.790 --> 00:09:42.660 align:start position:0% x 00:09:40.800 --> 00:09:42.650 align:start position:0% x History<00:09:40.980><c> up</c><00:09:41.339><c> to</c><00:09:41.399><c> about</c><00:09:41.580><c> 170</c><00:09:42.120><c> billion</c><00:09:42.420><c> dollars</c> 00:09:42.650 --> 00:09:44.880 align:start position:0% x 00:09:42.660 --> 00:09:44.870 align:start position:0% x it<00:09:42.839><c> turns</c><00:09:43.200><c> out</c><00:09:43.320><c> through</c><00:09:43.620><c> that</c><00:09:43.920><c> entire</c><00:09:44.339><c> boom</c> 00:09:44.870 --> 00:09:47.519 align:start position:0% x 00:09:44.880 --> 00:09:47.509 align:start position:0% x he'd<00:09:45.540><c> been</c><00:09:45.660><c> running</c><00:09:45.899><c> a</c><00:09:46.380><c> classic</c><00:09:46.560><c> Ponzi</c><00:09:47.160><c> scheme</c> 00:09:47.509 --> 00:09:49.200 align:start position:0% x 00:09:47.519 --> 00:09:49.190 align:start position:0% x for<00:09:47.700><c> those</c><00:09:47.820><c> who</c><00:09:48.000><c> don't</c><00:09:48.180><c> know</c><00:09:48.300><c> a</c><00:09:48.420><c> Ponzi</c><00:09:48.839><c> scheme</c> 00:09:49.190 --> 00:09:51.180 align:start position:0% x 00:09:49.200 --> 00:09:51.170 align:start position:0% x as<00:09:49.260><c> you</c><00:09:49.380><c> set</c><00:09:49.500><c> up</c><00:09:49.680><c> an</c><00:09:49.800><c> investment</c><00:09:50.160><c> process</c><00:09:50.580><c> you</c> 00:09:51.170 --> 00:09:53.459 align:start position:0% x 00:09:51.180 --> 00:09:53.449 align:start position:0% x invite<00:09:51.540><c> people</c><00:09:51.779><c> to</c><00:09:52.140><c> invest</c><00:09:52.380><c> in</c><00:09:52.560><c> it</c><00:09:52.800><c> and</c><00:09:53.339><c> then</c> 00:09:53.449 --> 00:09:56.220 align:start position:0% x 00:09:53.459 --> 00:09:56.210 align:start position:0% x you<00:09:53.820><c> use</c><00:09:54.120><c> people's</c><00:09:54.959><c> Investments</c><00:09:55.620><c> to</c><00:09:55.920><c> pay</c><00:09:56.040><c> out</c> 00:09:56.210 --> 00:09:58.440 align:start position:0% x 00:09:56.220 --> 00:09:58.430 align:start position:0% x High<00:09:56.459><c> returns</c><00:09:57.000><c> to</c><00:09:57.240><c> the</c><00:09:57.420><c> first</c><00:09:57.540><c> ones</c><00:09:57.959><c> who</c><00:09:58.260><c> then</c> 00:09:58.430 --> 00:10:00.060 align:start position:0% x 00:09:58.440 --> 00:10:00.050 align:start position:0% x tell<00:09:58.620><c> all</c><00:09:58.800><c> their</c><00:09:58.980><c> friends</c><00:09:59.160><c> and</c><00:09:59.399><c> mates</c><00:09:59.580><c> hey</c><00:09:59.880><c> you</c> 00:10:00.050 --> 00:10:01.860 align:start position:0% x 00:10:00.060 --> 00:10:01.850 align:start position:0% x get<00:10:00.180><c> really</c><00:10:00.300><c> good</c><00:10:00.480><c> returns</c><00:10:00.959><c> and</c><00:10:01.079><c> this</c><00:10:01.260><c> so</c><00:10:01.620><c> they</c> 00:10:01.850 --> 00:10:03.420 align:start position:0% x 00:10:01.860 --> 00:10:03.410 align:start position:0% x will<00:10:02.040><c> invest</c><00:10:02.339><c> and</c><00:10:02.459><c> use</c><00:10:02.579><c> that</c><00:10:02.820><c> to</c><00:10:03.000><c> pay</c><00:10:03.120><c> up</c><00:10:03.300><c> the</c> 00:10:03.410 --> 00:10:05.279 align:start position:0% x 00:10:03.420 --> 00:10:05.269 align:start position:0% x next<00:10:03.600><c> ones</c><00:10:03.959><c> and</c><00:10:04.260><c> it's</c><00:10:04.380><c> all</c><00:10:04.560><c> a</c><00:10:04.740><c> house</c><00:10:04.860><c> of</c><00:10:05.040><c> cards</c> 00:10:05.269 --> 00:10:06.480 align:start position:0% x 00:10:05.279 --> 00:10:06.470 align:start position:0% x there's<00:10:05.399><c> nothing</c><00:10:05.579><c> actually</c><00:10:05.880><c> going</c><00:10:06.120><c> on</c><00:10:06.300><c> in</c> 00:10:06.470 --> 00:10:08.160 align:start position:0% x 00:10:06.480 --> 00:10:08.150 align:start position:0% x there<00:10:06.660><c> you're</c><00:10:07.079><c> taking</c><00:10:07.320><c> money</c><00:10:07.680><c> from</c><00:10:07.980><c> someone</c> 00:10:08.150 --> 00:10:10.440 align:start position:0% x 00:10:08.160 --> 00:10:10.430 align:start position:0% x and<00:10:08.399><c> giving</c><00:10:08.579><c> ones</c><00:10:09.060><c> before</c><00:10:09.240><c> and</c><00:10:10.079><c> then</c><00:10:10.260><c> it</c> 00:10:10.430 --> 00:10:12.000 align:start position:0% x 00:10:10.440 --> 00:10:11.990 align:start position:0% x collapses<00:10:10.860><c> so</c><00:10:11.100><c> it's</c><00:10:11.339><c> a</c><00:10:11.459><c> pyramid</c><00:10:11.700><c> classic</c> 00:10:11.990 --> 00:10:14.760 align:start position:0% x 00:10:12.000 --> 00:10:14.750 align:start position:0% x pyramid<00:10:12.480><c> scheme</c><00:10:12.959><c> and</c><00:10:13.380><c> this</c><00:10:13.560><c> chappie</c><00:10:13.980><c> had</c><00:10:14.579><c> been</c> 00:10:14.750 --> 00:10:16.260 align:start position:0% x 00:10:14.760 --> 00:10:16.250 align:start position:0% x putting<00:10:15.120><c> himself</c><00:10:15.360><c> forward</c><00:10:15.660><c> as</c><00:10:15.899><c> a</c><00:10:16.019><c> brilliant</c> 00:10:16.250 --> 00:10:17.880 align:start position:0% x 00:10:16.260 --> 00:10:17.870 align:start position:0% x hedge<00:10:16.560><c> fund</c><00:10:16.800><c> manager</c><00:10:17.100><c> able</c><00:10:17.399><c> to generate</c> 00:10:17.870 --> 00:10:19.680 align:start position:0% x 00:10:17.880 --> 00:10:19.670 align:start position:0% x hundreds<00:10:18.540><c> of</c><00:10:18.600><c> percent</c><00:10:18.779><c> returns</c><00:10:19.380><c> when</c><00:10:19.560><c> he's</c> 00:10:19.670 --> 00:10:21.959 align:start position:0% x 00:10:19.680 --> 00:10:21.949 align:start position:0% x running<00:10:19.860><c> a</c><00:10:20.040><c> Ponzi</c><00:10:20.459><c> scheme</c><00:10:20.880><c> and</c><00:10:21.480><c> unfortunately</c> 00:10:21.949 --> 00:10:25.440 align:start position:0% x 00:10:21.959 --> 00:10:25.430 align:start position:0% x the<00:10:22.260><c> crisis</c><00:10:22.620><c> all</c><00:10:23.100><c> came</c><00:10:23.339><c> unstuck</c><00:10:24.140><c> 170</c><00:10:25.140><c> billion</c> 00:10:25.430 --> 00:10:27.019 align:start position:0% x 00:10:25.440 --> 00:10:27.009 align:start position:0% x dollars 00:10:27.009 --> 00:10:29.160 align:start position:0% x 00:10:27.019 --> 00:10:29.150 align:start position:0% x effectively<00:10:28.019><c> went</c><00:10:28.500><c> down</c><00:10:28.680><c> the</c><00:10:28.800><c> tubes</c> 00:10:29.150 --> 00:10:31.800 align:start position:0% x 00:10:29.160 --> 00:10:31.790 align:start position:0% x interestingly<00:10:29.760><c> a</c><00:10:30.720><c> large</c><00:10:30.839><c> proportion</c><00:10:31.440><c> of</c><00:10:31.620><c> that</c> 00:10:31.790 --> 00:10:33.899 align:start position:0% x 00:10:31.800 --> 00:10:33.889 align:start position:0% x was<00:10:32.399><c> Jewish</c><00:10:32.760><c> money</c> 00:10:33.889 --> 00:10:37.079 align:start position:0% x 00:10:33.899 --> 00:10:37.069 align:start position:0% x so<00:10:34.760><c> these</c><00:10:35.760><c> are</c><00:10:35.940><c> the</c><00:10:36.060><c> newswires</c><00:10:36.720><c> that</c><00:10:36.779><c> we</c><00:10:36.959><c> then</c> 00:10:37.069 --> 00:10:39.120 align:start position:0% x 00:10:37.079 --> 00:10:39.110 align:start position:0% x got<00:10:37.320><c> across</c><00:10:37.740><c> these</c><00:10:38.399><c> are</c><00:10:38.519><c> some</c><00:10:38.579><c> of</c><00:10:38.700><c> the</c><00:10:38.760><c> ones</c><00:10:38.940><c> we</c> 00:10:39.110 --> 00:10:40.680 align:start position:0% x 00:10:39.120 --> 00:10:40.670 align:start position:0% x picked<00:10:39.420><c> up</c><00:10:39.540><c> down</c><00:10:39.720><c> in</c><00:10:39.899><c> Australia</c><00:10:40.320><c> New</c><00:10:40.440><c> Zealand</c> 00:10:40.670 --> 00:10:42.540 align:start position:0% x 00:10:40.680 --> 00:10:42.530 align:start position:0% x the<00:10:41.279><c> biggest</c><00:10:41.399><c> crisis</c><00:10:41.940><c> since</c><00:10:42.180><c> the</c><00:10:42.420><c> second</c> 00:10:42.530 --> 00:10:44.700 align:start position:0% x 00:10:42.540 --> 00:10:44.690 align:start position:0% x world<00:10:42.779><c> war</c><00:10:43.019><c> or</c><00:10:43.500><c> these</c><00:10:44.040><c> are</c><00:10:44.100><c> headlines</c><00:10:44.459><c> from</c> 00:10:44.690 --> 00:10:46.800 align:start position:0% x 00:10:44.700 --> 00:10:46.790 align:start position:0% x major<00:10:44.940><c> newspapers</c><00:10:45.660><c> the</c><00:10:46.079><c> worst</c><00:10:46.260><c> economic</c> 00:10:46.790 --> 00:10:49.079 align:start position:0% x 00:10:46.800 --> 00:10:49.069 align:start position:0% x scenario<00:10:47.279><c> since</c><00:10:47.519><c> the</c><00:10:47.760><c> Great</c><00:10:47.880><c> Depression</c><00:10:48.480><c> for</c> 00:10:49.069 --> 00:10:51.300 align:start position:0% x 00:10:49.079 --> 00:10:51.290 align:start position:0% x a<00:10:49.200><c> few</c><00:10:49.320><c> weeks</c><00:10:49.620><c> in</c><00:10:49.800><c> late</c><00:10:49.980><c> 2008</c><00:10:50.579><c> we</c><00:10:50.820><c> were</c><00:10:50.940><c> staring</c> 00:10:51.290 --> 00:10:53.339 align:start position:0% x 00:10:51.300 --> 00:10:53.329 align:start position:0% x into<00:10:51.420><c> the</c><00:10:51.660><c> abyss</c><00:10:52.079><c> we</c><00:10:52.740><c> expect</c><00:10:52.920><c> to</c><00:10:53.220><c> see</c> 00:10:53.329 --> 00:10:55.200 align:start position:0% x 00:10:53.339 --> 00:10:55.190 align:start position:0% x unemployment<00:10:53.880><c> triple</c><00:10:54.420><c> over</c><00:10:54.540><c> the</c><00:10:54.720><c> next</c><00:10:54.899><c> few</c> 00:10:55.190 --> 00:10:57.899 align:start position:0% x 00:10:55.200 --> 00:10:57.889 align:start position:0% x years<00:10:55.440><c> it's</c><00:10:56.100><c> the</c><00:10:56.339><c> death</c><00:10:56.519><c> of</c><00:10:56.820><c> capitalism</c><00:10:57.360><c> it's</c> 00:10:57.889 --> 00:10:59.880 align:start position:0% x 00:10:57.899 --> 00:10:59.870 align:start position:0% x the<00:10:58.200><c> end</c><00:10:58.380><c> of</c><00:10:58.560><c> the</c><00:10:58.800><c> free</c><00:10:58.920><c> market</c><00:10:59.220><c> experiment</c> 00:10:59.870 --> 00:11:01.920 align:start position:0% x 00:10:59.880 --> 00:11:01.910 align:start position:0% x It's<00:11:00.360><c> the</c><00:11:00.540><c> Great</c><00:11:00.720><c> Depression</c><00:11:01.260><c> all</c><00:11:01.440><c> over</c><00:11:01.680><c> again</c> 00:11:01.910 --> 00:11:04.320 align:start position:0% x 00:11:01.920 --> 00:11:04.310 align:start position:0% x over<00:11:02.579><c> 30</c><00:11:02.940><c> trillion</c><00:11:03.480><c> dollars</c><00:11:03.720><c> of</c><00:11:04.019><c> wealth</c> 00:11:04.310 --> 00:11:06.360 align:start position:0% x 00:11:04.320 --> 00:11:06.350 align:start position:0% x destroyed<00:11:04.800><c> so</c><00:11:05.220><c> there</c><00:11:05.399><c> was</c><00:11:05.579><c> this</c><00:11:05.760><c> Panic</c><00:11:06.180><c> going</c> 00:11:06.350 --> 00:11:08.100 align:start position:0% x 00:11:06.360 --> 00:11:08.090 align:start position:0% x throughout<00:11:06.779><c> the</c><00:11:06.899><c> whole</c><00:11:07.079><c> globe</c><00:11:07.500><c> in</c><00:11:07.860><c> the</c><00:11:07.980><c> middle</c> 00:11:08.090 --> 00:11:09.839 align:start position:0% x 00:11:08.100 --> 00:11:09.829 align:start position:0% x of<00:11:08.339><c> this</c><00:11:08.519><c> crisis</c> 00:11:09.829 --> 00:11:11.399 align:start position:0% x 00:11:09.839 --> 00:11:11.389 align:start position:0% x now 00:11:11.389 --> 00:11:13.860 align:start position:0% x 00:11:11.399 --> 00:11:13.850 align:start position:0% x I<00:11:12.000><c> came</c><00:11:12.120><c> across</c><00:11:12.480><c> an</c><00:11:12.779><c> excellent</c><00:11:13.079><c> textbook</c><00:11:13.560><c> for</c> 00:11:13.850 --> 00:11:15.000 align:start position:0% x 00:11:13.860 --> 00:11:14.990 align:start position:0% x understanding<00:11:14.339><c> the</c><00:11:14.519><c> global</c><00:11:14.820><c> financial</c> 00:11:14.990 --> 00:11:18.120 align:start position:0% x 00:11:15.000 --> 00:11:18.110 align:start position:0% x crisis<00:11:15.600><c> it's</c><00:11:16.260><c> my</c><00:11:16.500><c> understanding</c><00:11:17.100><c> uh</c><00:11:17.760><c> and</c> 00:11:18.110 --> 00:11:20.060 align:start position:0% x 00:11:18.120 --> 00:11:20.050 align:start position:0% x brother<00:11:18.360><c> wrong</c><00:11:18.600><c> probably</c> 00:11:20.050 --> 00:11:22.260 align:start position:0% x 00:11:20.060 --> 00:11:22.250 align:start position:0% x affirmness<00:11:21.060><c> that</c><00:11:21.300><c> the</c><00:11:21.420><c> IMF</c><00:11:21.779><c> and</c><00:11:21.899><c> World</c><00:11:22.079><c> Bank</c> 00:11:22.250 --> 00:11:24.420 align:start position:0% x 00:11:22.260 --> 00:11:24.410 align:start position:0% x used<00:11:22.560><c> this</c><00:11:22.920><c> textbook</c><00:11:23.279><c> to</c><00:11:23.880><c> understand</c><00:11:24.000><c> the</c> 00:11:24.410 --> 00:11:26.880 align:start position:0% x 00:11:24.420 --> 00:11:26.870 align:start position:0% x global<00:11:24.720><c> financial</c><00:11:24.899><c> crisis</c><00:11:25.620><c> and</c><00:11:26.339><c> a</c><00:11:26.519><c> box</c><00:11:26.700><c> of</c> 00:11:26.870 --> 00:11:28.380 align:start position:0% x 00:11:26.880 --> 00:11:28.370 align:start position:0% x this<00:11:27.060><c> was</c><00:11:27.300><c> seen</c><00:11:27.540><c> going</c><00:11:27.779><c> into</c><00:11:27.959><c> the</c><00:11:28.260><c> Federal</c> 00:11:28.370 --> 00:11:31.820 align:start position:0% x 00:11:28.380 --> 00:11:31.820 align:start position:0% x Reserve<00:11:28.980><c> but</c><00:11:29.339><c> here</c><00:11:29.519><c> it</c><00:11:29.700><c> is</c> 00:11:33.590 --> 00:11:33.590 align:start position:0% x 00:11:33.600 --> 00:11:34.850 align:start position:0% x now 00:11:34.850 --> 00:11:37.380 align:start position:0% x 00:11:34.860 --> 00:11:37.370 align:start position:0% x I<00:11:35.339><c> understand</c><00:11:35.519><c> that</c><00:11:36.000><c> there</c><00:11:36.120><c> are</c><00:11:36.180><c> many</c><00:11:36.480><c> in</c><00:11:36.839><c> here</c> 00:11:37.370 --> 00:11:40.079 align:start position:0% x 00:11:37.380 --> 00:11:40.069 align:start position:0% x that<00:11:37.620><c> don't</c><00:11:37.980><c> know</c><00:11:38.160><c> who</c><00:11:38.339><c> obliks</c><00:11:38.940><c> and</c><00:11:39.660><c> Asterix</c> 00:11:40.069 --> 00:11:42.420 align:start position:0% x 00:11:40.079 --> 00:11:42.410 align:start position:0% x is<00:11:40.380><c> and</c><00:11:41.160><c> that's</c><00:11:41.399><c> a</c><00:11:41.700><c> great</c><00:11:41.820><c> disappointment</c> 00:11:42.410 --> 00:11:44.339 align:start position:0% x 00:11:42.420 --> 00:11:44.329 align:start position:0% x because<00:11:42.779><c> it's</c><00:11:43.260><c> a</c><00:11:43.500><c> brilliant</c><00:11:43.800><c> set</c><00:11:43.920><c> of</c><00:11:44.040><c> reads</c> 00:11:44.329 --> 00:11:46.260 align:start position:0% x 00:11:44.339 --> 00:11:46.250 align:start position:0% x but<00:11:44.459><c> let</c><00:11:44.579><c> me</c><00:11:44.700><c> just</c><00:11:44.820><c> go</c><00:11:45.180><c> through</c><00:11:45.420><c> the</c><00:11:46.079><c> general</c> 00:11:46.250 --> 00:11:47.880 align:start position:0% x 00:11:46.260 --> 00:11:47.870 align:start position:0% x gist<00:11:46.680><c> of</c><00:11:46.800><c> it</c> 00:11:47.870 --> 00:11:51.180 align:start position:0% x 00:11:47.880 --> 00:11:51.170 align:start position:0% x in<00:11:48.660><c> the</c><00:11:48.779><c> plot</c><00:11:49.079><c> of</c><00:11:49.380><c> this</c><00:11:49.740><c> neat</c><00:11:50.160><c> little</c> 00:11:51.170 --> 00:11:53.100 align:start position:0% x 00:11:51.180 --> 00:11:53.090 align:start position:0% x um<00:11:51.320><c> well</c> 00:11:53.090 --> 00:11:55.139 align:start position:0% x 00:11:53.100 --> 00:11:55.129 align:start position:0% x it's<00:11:53.639><c> really</c><00:11:53.820><c> an</c><00:11:54.000><c> adult's</c><00:11:54.420><c> history</c><00:11:54.540><c> book</c><00:11:54.899><c> I</c> 00:11:55.129 --> 00:11:56.279 align:start position:0% x 00:11:55.139 --> 00:11:56.269 align:start position:0% x think<00:11:55.260><c> is</c><00:11:55.380><c> probably</c><00:11:55.620><c> the</c><00:11:55.740><c> best</c><00:11:55.860><c> way</c><00:11:56.040><c> to</c> 00:11:56.269 --> 00:11:58.260 align:start position:0% x 00:11:56.279 --> 00:11:58.250 align:start position:0% x describe<00:11:56.639><c> it</c><00:11:56.760><c> but</c><00:11:57.060><c> in</c><00:11:57.480><c> the</c><00:11:57.600><c> plot</c><00:11:57.839><c> there's</c><00:11:58.079><c> a</c> 00:11:58.250 --> 00:11:59.940 align:start position:0% x 00:11:58.260 --> 00:11:59.930 align:start position:0% x Wizkid<00:11:58.680><c> from</c><00:11:58.920><c> the</c><00:11:59.040><c> londinium</c><00:11:59.519><c> school</c><00:11:59.760><c> of</c> 00:11:59.930 --> 00:12:01.920 align:start position:0% x 00:11:59.940 --> 00:12:01.910 align:start position:0% x Economics<00:12:00.360><c> it's</c><00:12:00.600><c> not</c><00:12:00.779><c> The</c><00:12:00.959><c> Chicago</c><00:12:01.139><c> School</c><00:12:01.680><c> of</c> 00:12:01.910 --> 00:12:03.959 align:start position:0% x 00:12:01.920 --> 00:12:03.949 align:start position:0% x course<00:12:02.040><c> because</c><00:12:02.339><c> it</c><00:12:02.639><c> didn't</c><00:12:02.820><c> exist</c><00:12:03.240><c> then</c><00:12:03.480><c> it</c> 00:12:03.949 --> 00:12:05.700 align:start position:0% x 00:12:03.959 --> 00:12:05.690 align:start position:0% x was<00:12:04.200><c> back</c><00:12:04.320><c> in</c><00:12:04.440><c> the</c><00:12:04.560><c> days</c><00:12:04.680><c> of</c><00:12:04.920><c> Rome</c><00:12:05.220><c> the</c> 00:12:05.690 --> 00:12:07.740 align:start position:0% x 00:12:05.700 --> 00:12:07.730 align:start position:0% x londonium<00:12:06.120><c> school</c><00:12:06.420><c> economics</c><00:12:06.959><c> dreams</c><00:12:07.440><c> up</c><00:12:07.560><c> a</c> 00:12:07.730 --> 00:12:09.959 align:start position:0% x 00:12:07.740 --> 00:12:09.949 align:start position:0% x way<00:12:07.860><c> to</c><00:12:08.040><c> subdue</c><00:12:08.399><c> this</c><00:12:08.579><c> ghoulish</c><00:12:09.060><c> Village</c><00:12:09.420><c> who</c> 00:12:09.949 --> 00:12:12.600 align:start position:0% x 00:12:09.959 --> 00:12:12.590 align:start position:0% x will<00:12:10.560><c> not</c><00:12:10.860><c> subject</c><00:12:11.639><c> themselves</c><00:12:12.060><c> to</c><00:12:12.300><c> the</c><00:12:12.420><c> power</c> 00:12:12.590 --> 00:12:13.800 align:start position:0% x 00:12:12.600 --> 00:12:13.790 align:start position:0% x of<00:12:12.779><c> Rome</c> 00:12:13.790 --> 00:12:16.079 align:start position:0% x 00:12:13.800 --> 00:12:16.069 align:start position:0% x the<00:12:14.279><c> why</c><00:12:14.399><c> it</c><00:12:14.579><c> would</c><00:12:14.760><c> happen</c><00:12:14.940><c> is</c><00:12:15.300><c> oblix</c><00:12:15.839><c> who's</c> 00:12:16.069 --> 00:12:18.360 align:start position:0% x 00:12:16.079 --> 00:12:18.350 align:start position:0% x one<00:12:16.380><c> of</c><00:12:16.560><c> the</c> 00:12:18.350 --> 00:12:20.720 align:start position:0% x 00:12:18.360 --> 00:12:20.710 align:start position:0% x rather<00:12:18.959><c> rotunda</c><00:12:19.620><c> chappie</c><00:12:19.980><c> here</c><00:12:20.160><c> in</c><00:12:20.279><c> the</c><00:12:20.399><c> front</c> 00:12:20.710 --> 00:12:23.339 align:start position:0% x 00:12:20.720 --> 00:12:23.329 align:start position:0% x who<00:12:21.720><c> is</c><00:12:21.839><c> a</c><00:12:22.079><c> men</c><00:12:22.200><c> who</c><00:12:22.440><c> delivery</c><00:12:22.860><c> man</c><00:12:22.980><c> who</c><00:12:23.160><c> makes</c> 00:12:23.329 --> 00:12:24.300 align:start position:0% x 00:12:23.339 --> 00:12:24.290 align:start position:0% x manners 00:12:24.290 --> 00:12:26.459 align:start position:0% x 00:12:24.300 --> 00:12:26.449 align:start position:0% x what<00:12:24.839><c> they</c><00:12:25.019><c> would</c><00:12:25.139><c> do</c><00:12:25.260><c> is</c><00:12:25.380><c> I</c><00:12:25.620><c> buy</c><00:12:25.800><c> as</c><00:12:26.040><c> many</c><00:12:26.220><c> as</c> 00:12:26.449 --> 00:12:28.200 align:start position:0% x 00:12:26.459 --> 00:12:28.190 align:start position:0% x he<00:12:26.639><c> could</c><00:12:26.820><c> possibly</c><00:12:27.180><c> produce</c><00:12:27.600><c> and</c><00:12:27.899><c> they'd</c> 00:12:28.190 --> 00:12:30.000 align:start position:0% x 00:12:28.200 --> 00:12:29.990 align:start position:0% x flood<00:12:28.440><c> the</c><00:12:28.560><c> village</c><00:12:28.740><c> with</c><00:12:29.040><c> money</c><00:12:29.220><c> and</c><00:12:29.820><c> they</c> 00:12:29.990 --> 00:12:31.320 align:start position:0% x 00:12:30.000 --> 00:12:31.310 align:start position:0% x would<00:12:30.120><c> then</c><00:12:30.240><c> forget</c><00:12:30.480><c> about</c><00:12:30.720><c> fighting</c><00:12:31.200><c> the</c> 00:12:31.310 --> 00:12:33.120 align:start position:0% x 00:12:31.320 --> 00:12:33.110 align:start position:0% x Romans<00:12:31.620><c> and</c><00:12:31.860><c> focus</c><00:12:32.100><c> on</c><00:12:32.339><c> making</c><00:12:32.519><c> lots</c><00:12:32.940><c> of</c><00:12:33.000><c> money</c> 00:12:33.110 --> 00:12:36.120 align:start position:0% x 00:12:33.120 --> 00:12:36.110 align:start position:0% x so<00:12:33.360><c> good</c><00:12:33.660><c> sort</c><00:12:33.899><c> of</c><00:12:34.019><c> capitalist</c><00:12:34.760><c> way</c><00:12:35.760><c> of</c><00:12:35.940><c> of</c> 00:12:36.110 --> 00:12:38.220 align:start position:0% x 00:12:36.120 --> 00:12:38.210 align:start position:0% x getting<00:12:36.360><c> over</c><00:12:36.660><c> conflict</c><00:12:37.320><c> so</c><00:12:37.740><c> that's</c><00:12:37.980><c> the</c> 00:12:38.210 --> 00:12:40.380 align:start position:0% x 00:12:38.220 --> 00:12:40.370 align:start position:0% x general<00:12:38.399><c> plot</c><00:12:38.880><c> all</c><00:12:39.180><c> right</c><00:12:39.240><c> but</c><00:12:39.540><c> the</c><00:12:39.779><c> the</c><00:12:39.959><c> book</c> 00:12:40.370 --> 00:12:42.720 align:start position:0% x 00:12:40.380 --> 00:12:42.710 align:start position:0% x goes<00:12:40.800><c> through</c><00:12:40.920><c> or</c><00:12:41.279><c> the</c><00:12:41.519><c> the</c><00:12:41.760><c> cartoon</c><00:12:42.060><c> goes</c> 00:12:42.710 --> 00:12:45.000 align:start position:0% x 00:12:42.720 --> 00:12:44.990 align:start position:0% x through<00:12:42.839><c> the</c><00:12:43.139><c> following</c> 00:12:44.990 --> 00:12:47.579 align:start position:0% x 00:12:45.000 --> 00:12:47.569 align:start position:0% x this<00:12:45.540><c> leads</c><00:12:45.899><c> to</c><00:12:46.079><c> a</c><00:12:46.260><c> surface</c><00:12:46.680><c> of</c><00:12:46.860><c> manners</c><00:12:47.279><c> in</c> 00:12:47.569 --> 00:12:48.420 align:start position:0% x 00:12:47.579 --> 00:12:48.410 align:start position:0% x Rome 00:12:48.410 --> 00:12:49.800 align:start position:0% x 00:12:48.420 --> 00:12:49.790 align:start position:0% x and<00:12:48.839><c> they</c><00:12:48.959><c> say</c><00:12:49.139><c> what</c><00:12:49.260><c> are</c><00:12:49.380><c> we</c><00:12:49.500><c> going</c><00:12:49.620><c> to</c><00:12:49.680><c> do</c> 00:12:49.790 --> 00:12:52.800 align:start position:0% x 00:12:49.800 --> 00:12:52.790 align:start position:0% x with<00:12:49.980><c> this</c><00:12:50.160><c> big</c><00:12:50.339><c> heap</c><00:12:50.700><c> of</c><00:12:50.760><c> minnows</c> 00:12:52.790 --> 00:12:54.720 align:start position:0% x 00:12:52.800 --> 00:12:54.710 align:start position:0% x it<00:12:53.279><c> then</c><00:12:53.459><c> proceeds</c><00:12:54.000><c> to</c><00:12:54.120><c> this</c><00:12:54.300><c> Innovative</c> 00:12:54.710 --> 00:12:56.700 align:start position:0% x 00:12:54.720 --> 00:12:56.690 align:start position:0% x marketing<00:12:55.440><c> campaign</c><00:12:55.920><c> and</c><00:12:56.160><c> program</c><00:12:56.399><c> to</c> 00:12:56.690 --> 00:12:58.620 align:start position:0% x 00:12:56.700 --> 00:12:58.610 align:start position:0% x actually<00:12:56.940><c> sell</c><00:12:57.420><c> all</c><00:12:57.660><c> these</c><00:12:57.839><c> menas</c><00:12:58.260><c> that</c><00:12:58.500><c> have</c> 00:12:58.610 --> 00:13:01.019 align:start position:0% x 00:12:58.620 --> 00:13:01.009 align:start position:0% x been<00:12:58.800><c> bought</c><00:12:59.040><c> an</c><00:12:59.279><c> oversupply</c><00:12:59.940><c> created</c><00:13:00.300><c> so</c> 00:13:01.009 --> 00:13:03.420 align:start position:0% x 00:13:01.019 --> 00:13:03.410 align:start position:0% x your<00:13:01.260><c> dearest</c><00:13:01.680><c> wish</c><00:13:01.920><c> a</c><00:13:02.220><c> minute</c><00:13:02.459><c> in</c><00:13:03.060><c> Rome</c><00:13:03.240><c> it's</c> 00:13:03.410 --> 00:13:05.459 align:start position:0% x 00:13:03.420 --> 00:13:05.449 align:start position:0% x big<00:13:03.660><c> it's</c><00:13:03.839><c> beautiful</c><00:13:04.079><c> it's</c><00:13:04.380><c> Amina</c><00:13:04.860><c> on</c><00:13:05.279><c> sale</c> 00:13:05.449 --> 00:13:07.620 align:start position:0% x 00:13:05.459 --> 00:13:07.610 align:start position:0% x and<00:13:05.700><c> all</c><00:13:05.880><c> the</c><00:13:06.000><c> best</c><00:13:06.120><c> temples</c><00:13:06.540><c> bars</c><00:13:07.019><c> and</c><00:13:07.200><c> forums</c> 00:13:07.610 --> 00:13:10.560 align:start position:0% x 00:13:07.620 --> 00:13:10.550 align:start position:0% x you<00:13:07.920><c> know</c><00:13:08.300><c> Chariot</c><00:13:09.300><c> slaves</c><00:13:09.720><c> but</c><00:13:09.899><c> do</c><00:13:10.079><c> you</c><00:13:10.260><c> own</c><00:13:10.380><c> a</c> 00:13:10.550 --> 00:13:13.019 align:start position:0% x 00:13:10.560 --> 00:13:13.009 align:start position:0% x minute<00:13:10.740><c> so</c><00:13:11.100><c> great</c><00:13:11.459><c> marketing</c><00:13:12.180><c> program</c><00:13:12.480><c> goes</c> 00:13:13.009 --> 00:13:14.399 align:start position:0% x 00:13:13.019 --> 00:13:14.389 align:start position:0% x throughout<00:13:13.440><c> room</c> 00:13:14.389 --> 00:13:17.639 align:start position:0% x 00:13:14.399 --> 00:13:17.629 align:start position:0% x but<00:13:15.120><c> is</c><00:13:15.899><c> all</c><00:13:16.139><c> good</c><00:13:16.260><c> capitalists</c> 00:13:17.629 --> 00:13:19.500 align:start position:0% x 00:13:17.639 --> 00:13:19.490 align:start position:0% x all<00:13:18.180><c> of</c><00:13:18.300><c> a</c><00:13:18.420><c> sudden</c><00:13:18.540><c> Rome's</c><00:13:19.019><c> flooded</c><00:13:19.380><c> with</c> 00:13:19.490 --> 00:13:21.600 align:start position:0% x 00:13:19.500 --> 00:13:21.590 align:start position:0% x imitations<00:13:19.980><c> they're</c><00:13:20.639><c> not</c><00:13:20.880><c> coming</c><00:13:21.060><c> from</c><00:13:21.360><c> China</c> 00:13:21.590 --> 00:13:23.700 align:start position:0% x 00:13:21.600 --> 00:13:23.690 align:start position:0% x this<00:13:21.959><c> time</c><00:13:22.139><c> because</c><00:13:22.500><c> again</c><00:13:23.040><c> it</c><00:13:23.339><c> wasn't</c><00:13:23.459><c> a</c> 00:13:23.690 --> 00:13:25.800 align:start position:0% x 00:13:23.700 --> 00:13:25.790 align:start position:0% x manufacturing<00:13:24.180><c> sentence</c><00:13:24.540><c> but</c><00:13:24.720><c> now</c><00:13:24.899><c> you</c><00:13:25.200><c> could</c> 00:13:25.790 --> 00:13:28.380 align:start position:0% x 00:13:25.800 --> 00:13:28.370 align:start position:0% x buy<00:13:26.279><c> ghoulish</c><00:13:26.760><c> manners</c><00:13:27.240><c> you</c><00:13:27.899><c> could</c><00:13:28.019><c> buy</c> 00:13:28.370 --> 00:13:30.660 align:start position:0% x 00:13:28.380 --> 00:13:30.650 align:start position:0% x Egyptian<00:13:29.279><c> manners</c><00:13:29.700><c> and</c><00:13:30.120><c> a</c><00:13:30.300><c> whole</c><00:13:30.360><c> lot</c><00:13:30.540><c> of</c> 00:13:30.650 --> 00:13:33.120 align:start position:0% x 00:13:30.660 --> 00:13:33.110 align:start position:0% x cheap<00:13:30.899><c> imitations</c><00:13:31.500><c> start</c><00:13:31.980><c> coming</c><00:13:32.279><c> on</c><00:13:32.639><c> to</c><00:13:32.880><c> the</c> 00:13:33.110 --> 00:13:34.560 align:start position:0% x 00:13:33.120 --> 00:13:34.550 align:start position:0% x market<00:13:33.240><c> and</c><00:13:33.540><c> of</c><00:13:33.720><c> course</c><00:13:33.839><c> if</c><00:13:34.079><c> what</c><00:13:34.440><c> happens</c> 00:13:34.550 --> 00:13:38.279 align:start position:0% x 00:13:34.560 --> 00:13:38.269 align:start position:0% x next<00:13:34.980><c> the</c><00:13:35.639><c> prices</c><00:13:35.880><c> start</c><00:13:36.360><c> becoming</c><00:13:36.899><c> cut</c><00:13:37.200><c> and</c><00:13:38.160><c> a</c> 00:13:38.269 --> 00:13:40.800 align:start position:0% x 00:13:38.279 --> 00:13:40.790 align:start position:0% x full-on<00:13:38.639><c> price</c><00:13:38.940><c> crash</c><00:13:39.360><c> in</c><00:13:39.600><c> minutes</c><00:13:39.779><c> exists</c><00:13:40.500><c> or</c> 00:13:40.790 --> 00:13:43.380 align:start position:0% x 00:13:40.800 --> 00:13:43.370 align:start position:0% x comes<00:13:41.220><c> into</c><00:13:41.339><c> being</c><00:13:41.579><c> prices</c><00:13:42.180><c> of</c><00:13:42.600><c> falling</c><00:13:43.019><c> says</c> 00:13:43.370 --> 00:13:44.940 align:start position:0% x 00:13:43.380 --> 00:13:44.930 align:start position:0% x Caesar<00:13:43.680><c> this</c><00:13:43.800><c> is</c><00:13:43.920><c> Julius</c><00:13:44.220><c> Caesar</c><00:13:44.699><c> by</c><00:13:44.820><c> the</c><00:13:44.880><c> way</c> 00:13:44.930 --> 00:13:46.620 align:start position:0% x 00:13:44.940 --> 00:13:46.610 align:start position:0% x if<00:13:45.060><c> you</c><00:13:45.180><c> didn't</c><00:13:45.300><c> recognize</c><00:13:45.660><c> them</c><00:13:45.839><c> the</c> 00:13:46.610 --> 00:13:48.240 align:start position:0% x 00:13:46.620 --> 00:13:48.230 align:start position:0% x Egyptians<00:13:47.100><c> Greeks</c><00:13:47.519><c> and</c><00:13:47.579><c> Phoenicians</c><00:13:48.120><c> are</c> 00:13:48.230 --> 00:13:51.120 align:start position:0% x 00:13:48.240 --> 00:13:51.110 align:start position:0% x flooding<00:13:48.600><c> the</c><00:13:48.720><c> market</c><00:13:48.899><c> with</c><00:13:49.260><c> their</c><00:13:49.440><c> miners</c> 00:13:51.110 --> 00:13:53.399 align:start position:0% x 00:13:51.120 --> 00:13:53.389 align:start position:0% x this<00:13:51.720><c> filters</c><00:13:52.139><c> down</c><00:13:52.380><c> to</c><00:13:52.560><c> the</c><00:13:52.680><c> producers</c><00:13:53.100><c> in</c> 00:13:53.389 --> 00:13:55.199 align:start position:0% x 00:13:53.399 --> 00:13:55.189 align:start position:0% x the<00:13:53.519><c> village</c><00:13:53.699><c> who</c><00:13:54.060><c> come</c><00:13:54.240><c> rushing</c><00:13:54.720><c> back</c><00:13:54.839><c> in</c><00:13:55.019><c> one</c> 00:13:55.189 --> 00:13:57.060 align:start position:0% x 00:13:55.199 --> 00:13:57.050 align:start position:0% x day<00:13:55.440><c> and</c><00:13:55.560><c> say</c><00:13:55.800><c> they're</c><00:13:56.100><c> not</c><00:13:56.279><c> buying</c><00:13:56.639><c> any</c><00:13:56.760><c> more</c> 00:13:57.050 --> 00:14:00.060 align:start position:0% x 00:13:57.060 --> 00:14:00.050 align:start position:0% x manhoods<00:13:57.899><c> and</c><00:13:58.380><c> fully</c><00:13:58.680><c> automatic</c><00:13:59.160><c> so</c><00:13:59.279><c> so</c><00:13:59.699><c> this</c> 00:14:00.050 --> 00:14:01.680 align:start position:0% x 00:14:00.060 --> 00:14:01.670 align:start position:0% x is<00:14:00.180><c> part</c><00:14:00.360><c> of</c><00:14:00.480><c> the</c><00:14:00.600><c> plot</c><00:14:00.779><c> what</c><00:14:01.019><c> happens</c><00:14:01.199><c> is</c> 00:14:01.670 --> 00:14:03.540 align:start position:0% x 00:14:01.680 --> 00:14:03.530 align:start position:0% x every<00:14:02.100><c> single</c><00:14:02.399><c> person</c><00:14:02.579><c> in</c><00:14:02.760><c> the</c><00:14:02.880><c> village</c><00:14:03.060><c> stops</c> 00:14:03.530 --> 00:14:06.600 align:start position:0% x 00:14:03.540 --> 00:14:06.590 align:start position:0% x doing<00:14:03.720><c> what</c><00:14:03.899><c> they</c><00:14:04.139><c> do</c><00:14:04.320><c> so</c><00:14:04.920><c> unhygienics</c><00:14:05.760><c> is</c><00:14:06.240><c> the</c> 00:14:06.590 --> 00:14:09.480 align:start position:0% x 00:14:06.600 --> 00:14:09.470 align:start position:0% x the<00:14:07.079><c> fish</c><00:14:07.320><c> monger</c><00:14:07.920><c> all</c><00:14:08.399><c> right</c><00:14:08.519><c> and</c><00:14:09.180><c> fully</c> 00:14:09.470 --> 00:14:11.459 align:start position:0% x 00:14:09.480 --> 00:14:11.449 align:start position:0% x automatics<00:14:10.019><c> is</c><00:14:10.440><c> the</c><00:14:10.680><c> the</c><00:14:10.860><c> base</c><00:14:11.100><c> of</c><00:14:11.279><c> the</c> 00:14:11.449 --> 00:14:13.139 align:start position:0% x 00:14:11.459 --> 00:14:13.129 align:start position:0% x blacksmith<00:14:12.060><c> of</c><00:14:12.180><c> the</c><00:14:12.300><c> village</c><00:14:12.480><c> and</c><00:14:12.779><c> they</c><00:14:12.959><c> all</c> 00:14:13.129 --> 00:14:14.880 align:start position:0% x 00:14:13.139 --> 00:14:14.870 align:start position:0% x throw<00:14:13.320><c> away</c><00:14:13.560><c> their</c><00:14:13.920><c> trade</c><00:14:14.220><c> and</c><00:14:14.639><c> they</c><00:14:14.760><c> all</c> 00:14:14.870 --> 00:14:16.500 align:start position:0% x 00:14:14.880 --> 00:14:16.490 align:start position:0% x become<00:14:15.180><c> Traders</c><00:14:15.660><c> and</c><00:14:15.779><c> Menace</c><00:14:16.139><c> and</c><00:14:16.260><c> make</c><00:14:16.380><c> a</c> 00:14:16.490 --> 00:14:17.699 align:start position:0% x 00:14:16.500 --> 00:14:17.689 align:start position:0% x whole<00:14:16.620><c> lot</c><00:14:16.680><c> of</c><00:14:16.800><c> money</c><00:14:16.920><c> well</c><00:14:17.220><c> they</c><00:14:17.399><c> all</c><00:14:17.519><c> come</c> 00:14:17.689 --> 00:14:19.139 align:start position:0% x 00:14:17.699 --> 00:14:19.129 align:start position:0% x back<00:14:17.820><c> in</c><00:14:18.000><c> and</c><00:14:18.120><c> say</c><00:14:18.300><c> they're</c><00:14:18.540><c> not</c><00:14:18.660><c> buying</c><00:14:19.019><c> mine</c> 00:14:19.129 --> 00:14:20.880 align:start position:0% x 00:14:19.139 --> 00:14:20.870 align:start position:0% x anymore<00:14:19.380><c> they</c><00:14:19.740><c> won't</c><00:14:19.860><c> even</c><00:14:20.040><c> buy</c><00:14:20.339><c> mine</c><00:14:20.639><c> anymore</c> 00:14:20.870 --> 00:14:23.220 align:start position:0% x 00:14:20.880 --> 00:14:23.210 align:start position:0% x and<00:14:21.600><c> it</c><00:14:21.839><c> all</c><00:14:21.959><c> ends</c><00:14:22.260><c> in</c><00:14:22.380><c> the</c><00:14:22.500><c> inevitable</c><00:14:22.920><c> crash</c> 00:14:23.210 --> 00:14:24.899 align:start position:0% x 00:14:23.220 --> 00:14:24.889 align:start position:0% x so<00:14:23.459><c> that's</c><00:14:23.699><c> if</c><00:14:24.120><c> you</c><00:14:24.300><c> want</c><00:14:24.420><c> to</c><00:14:24.540><c> know</c><00:14:24.660><c> a</c><00:14:24.779><c> good</c> 00:14:24.889 --> 00:14:26.639 align:start position:0% x 00:14:24.899 --> 00:14:26.629 align:start position:0% x textbook<00:14:25.260><c> understand</c><00:14:25.620><c> a</c><00:14:26.040><c> financial</c><00:14:26.160><c> crisis</c> 00:14:26.629 --> 00:14:29.160 align:start position:0% x 00:14:26.639 --> 00:14:29.150 align:start position:0% x go<00:14:26.940><c> and</c><00:14:27.060><c> get</c><00:14:27.180><c> yourself</c><00:14:27.300><c> a</c><00:14:27.660><c> copy</c><00:14:27.899><c> of</c><00:14:28.019><c> oblux</c><00:14:28.560><c> in</c> 00:14:29.150 --> 00:14:30.959 align:start position:0% x 00:14:29.160 --> 00:14:30.949 align:start position:0% x code<00:14:29.399><c> because</c><00:14:29.639><c> it's</c><00:14:29.940><c> all</c><00:14:30.120><c> there</c><00:14:30.360><c> a</c><00:14:30.779><c> classic</c> 00:14:30.949 --> 00:14:34.500 align:start position:0% x 00:14:30.959 --> 00:14:34.490 align:start position:0% x bubble<00:14:31.620><c> and</c><00:14:32.399><c> crash</c> 00:14:34.490 --> 00:14:37.079 align:start position:0% x 00:14:34.500 --> 00:14:37.069 align:start position:0% x so<00:14:35.040><c> why</c><00:14:35.279><c> did</c><00:14:35.459><c> it</c><00:14:35.579><c> all</c><00:14:35.699><c> happen</c><00:14:35.940><c> well</c><00:14:36.720><c> what</c><00:14:36.959><c> we</c> 00:14:37.069 --> 00:14:38.399 align:start position:0% x 00:14:37.079 --> 00:14:38.389 align:start position:0% x want<00:14:37.199><c> to</c><00:14:37.320><c> do</c><00:14:37.440><c> for</c><00:14:37.620><c> rest</c><00:14:37.860><c> of</c><00:14:38.040><c> this</c><00:14:38.279><c> evening</c> 00:14:38.389 --> 00:14:39.779 align:start position:0% x 00:14:38.399 --> 00:14:39.769 align:start position:0% x really<00:14:38.699><c> is</c><00:14:39.000><c> this</c> 00:14:39.769 --> 00:14:42.000 align:start position:0% x 00:14:39.779 --> 00:14:41.990 align:start position:0% x so<00:14:40.079><c> that's</c><00:14:40.260><c> a</c><00:14:40.500><c> bit</c><00:14:40.620><c> small</c><00:14:40.860><c> but</c><00:14:41.220><c> I</c><00:14:41.639><c> want</c><00:14:41.760><c> to</c><00:14:41.880><c> look</c> 00:14:41.990 --> 00:14:43.740 align:start position:0% x 00:14:42.000 --> 00:14:43.730 align:start position:0% x at<00:14:42.180><c> two</c><00:14:42.360><c> Foundation</c><00:14:42.839><c> principal</c><00:14:43.320><c> economics</c> 00:14:43.730 --> 00:14:45.000 align:start position:0% x 00:14:43.740 --> 00:14:44.990 align:start position:0% x I'm<00:14:43.920><c> not</c><00:14:44.040><c> going</c><00:14:44.160><c> to</c><00:14:44.220><c> get</c><00:14:44.339><c> too</c><00:14:44.519><c> complicated</c> 00:14:44.990 --> 00:14:46.740 align:start position:0% x 00:14:45.000 --> 00:14:46.730 align:start position:0% x don't<00:14:45.300><c> worry</c><00:14:45.540><c> about</c><00:14:45.660><c> it</c><00:14:45.899><c> they're</c><00:14:46.199><c> very</c><00:14:46.500><c> simple</c> 00:14:46.730 --> 00:14:48.600 align:start position:0% x 00:14:46.740 --> 00:14:48.590 align:start position:0% x ideas<00:14:47.100><c> I'm</c><00:14:47.459><c> going</c><00:14:47.639><c> to</c><00:14:47.699><c> use</c><00:14:47.820><c> pictures</c><00:14:48.060><c> on</c><00:14:48.480><c> the</c> 00:14:48.590 --> 00:14:50.339 align:start position:0% x 00:14:48.600 --> 00:14:50.329 align:start position:0% x stream<00:14:48.779><c> to</c><00:14:49.079><c> explain</c><00:14:49.199><c> them</c><00:14:49.560><c> because</c><00:14:49.980><c> that</c><00:14:50.160><c> will</c> 00:14:50.329 --> 00:14:52.019 align:start position:0% x 00:14:50.339 --> 00:14:52.009 align:start position:0% x help<00:14:50.459><c> us</c><00:14:50.639><c> understanding</c><00:14:51.180><c> basically</c><00:14:51.720><c> the</c> 00:14:52.009 --> 00:14:54.120 align:start position:0% x 00:14:52.019 --> 00:14:54.110 align:start position:0% x fundamental<00:14:52.800><c> cause</c><00:14:53.160><c> of</c><00:14:53.820><c> the</c><00:14:53.940><c> financial</c> 00:14:54.110 --> 00:14:56.399 align:start position:0% x 00:14:54.120 --> 00:14:56.389 align:start position:0% x crisis<00:14:54.779><c> and</c><00:14:55.019><c> of</c><00:14:55.199><c> economics</c><00:14:55.620><c> and</c><00:14:55.800><c> its</c><00:14:56.100><c> drivers</c> 00:14:56.389 --> 00:14:58.519 align:start position:0% x 00:14:56.399 --> 00:14:58.509 align:start position:0% x today<00:14:56.639><c> in</c><00:14:56.940><c> a</c><00:14:57.120><c> liberal</c><00:14:57.480><c> economic</c><00:14:57.899><c> sense</c><00:14:58.139><c> anyway</c> 00:14:58.509 --> 00:15:00.600 align:start position:0% x 00:14:58.519 --> 00:15:00.590 align:start position:0% x what<00:14:59.519><c> actually</c><00:14:59.699><c> then</c><00:14:59.940><c> happened</c><00:15:00.180><c> in</c><00:15:00.480><c> the</c> 00:15:00.590 --> 00:15:02.100 align:start position:0% x 00:15:00.600 --> 00:15:02.090 align:start position:0% x financial<00:15:00.779><c> crisis</c><00:15:01.260><c> what</c><00:15:01.500><c> sort</c><00:15:01.680><c> of</c><00:15:01.800><c> caused</c> 00:15:02.090 --> 00:15:04.920 align:start position:0% x 00:15:02.100 --> 00:15:04.910 align:start position:0% x what<00:15:02.459><c> were</c><00:15:02.639><c> the</c><00:15:02.820><c> core</c><00:15:03.000><c> setups</c><00:15:03.779><c> for</c><00:15:03.959><c> it</c><00:15:04.139><c> what</c> 00:15:04.910 --> 00:15:06.779 align:start position:0% x 00:15:04.920 --> 00:15:06.769 align:start position:0% x impact<00:15:05.279><c> that's</c><00:15:05.519><c> likely</c><00:15:05.940><c> to</c><00:15:06.000><c> have</c><00:15:06.240><c> on</c><00:15:06.480><c> some</c><00:15:06.660><c> of</c> 00:15:06.769 --> 00:15:08.160 align:start position:0% x 00:15:06.779 --> 00:15:08.150 align:start position:0% x the<00:15:06.899><c> key</c><00:15:07.139><c> Nations</c><00:15:07.440><c> that</c><00:15:07.740><c> we're</c><00:15:07.860><c> of</c><00:15:08.040><c> course</c> 00:15:08.150 --> 00:15:10.139 align:start position:0% x 00:15:08.160 --> 00:15:10.129 align:start position:0% x interested<00:15:08.699><c> in</c><00:15:08.760><c> Russia</c><00:15:09.420><c> the</c><00:15:09.720><c> King</c><00:15:09.899><c> of</c><00:15:10.019><c> the</c> 00:15:10.129 --> 00:15:14.399 align:start position:0% x 00:15:10.139 --> 00:15:14.389 align:start position:0% x North<00:15:10.260><c> Europe</c><00:15:10.500><c> Israel</c><00:15:11.120><c> oh</c><00:15:12.120><c> sorry</c><00:15:12.360><c> you'll</c><00:15:13.019><c> know</c> 00:15:14.389 --> 00:15:17.339 align:start position:0% x 00:15:14.399 --> 00:15:17.329 align:start position:0% x you'll<00:15:15.000><c> note</c><00:15:15.120><c> I</c><00:15:15.360><c> did</c><00:15:15.480><c> this</c><00:15:15.660><c> in</c><00:15:15.839><c> Sydney</c> 00:15:17.329 --> 00:15:20.639 align:start position:0% x 00:15:17.339 --> 00:15:20.629 align:start position:0% x um<00:15:17.399><c> let's</c><00:15:17.699><c> remove</c><00:15:18.000><c> Australia</c><00:15:18.600><c> out</c><00:15:18.779><c> of</c><00:15:18.899><c> there</c> 00:15:20.629 --> 00:15:22.699 align:start position:0% x 00:15:20.639 --> 00:15:22.699 align:start position:0% x um 00:15:23.810 --> 00:15:23.810 align:start position:0% x 00:15:23.820 --> 00:15:25.310 align:start position:0% x close<00:15:24.180><c> with</c><00:15:24.420><c> a</c><00:15:24.540><c> few</c><00:15:24.660><c> thoughts</c><00:15:24.959><c> about</c><00:15:25.079><c> our</c> 00:15:25.310 --> 00:15:27.660 align:start position:0% x 00:15:25.320 --> 00:15:27.650 align:start position:0% x times<00:15:25.500><c> what</c><00:15:25.860><c> this</c><00:15:26.040><c> might</c><00:15:26.220><c> mean</c><00:15:26.519><c> about</c><00:15:27.060><c> us</c><00:15:27.300><c> and</c> 00:15:27.650 --> 00:15:28.980 align:start position:0% x 00:15:27.660 --> 00:15:28.970 align:start position:0% x the<00:15:27.779><c> return</c><00:15:27.899><c> of</c><00:15:28.139><c> Christ</c><00:15:28.320><c> so</c><00:15:28.560><c> that's</c><00:15:28.680><c> what</c><00:15:28.860><c> we</c> 00:15:28.970 --> 00:15:30.060 align:start position:0% x 00:15:28.980 --> 00:15:30.050 align:start position:0% x want<00:15:29.100><c> to</c><00:15:29.279><c> do</c> 00:15:30.050 --> 00:15:31.980 align:start position:0% x 00:15:30.060 --> 00:15:31.970 align:start position:0% x so<00:15:30.420><c> let's</c><00:15:30.600><c> start</c><00:15:30.839><c> with</c><00:15:31.139><c> these</c><00:15:31.380><c> two</c><00:15:31.560><c> Foundation</c> 00:15:31.970 --> 00:15:35.220 align:start position:0% x 00:15:31.980 --> 00:15:35.210 align:start position:0% x principles<00:15:32.579><c> Finance</c><00:15:33.480><c> economics</c><00:15:34.079><c> I</c><00:15:34.320><c> can</c><00:15:34.500><c> see</c> 00:15:35.210 --> 00:15:37.139 align:start position:0% x 00:15:35.220 --> 00:15:37.129 align:start position:0% x some<00:15:35.519><c> people's</c><00:15:35.880><c> eyes</c><00:15:36.060><c> blazing</c><00:15:36.660><c> over</c><00:15:36.839><c> in</c><00:15:37.019><c> the</c> 00:15:37.129 --> 00:15:39.240 align:start position:0% x 00:15:37.139 --> 00:15:39.230 align:start position:0% x corner<00:15:37.380><c> there</c><00:15:37.500><c> already</c><00:15:37.820><c> we're</c><00:15:38.820><c> going</c><00:15:39.000><c> to</c><00:15:39.120><c> look</c> 00:15:39.230 --> 00:15:42.060 align:start position:0% x 00:15:39.240 --> 00:15:42.050 align:start position:0% x at<00:15:39.420><c> the</c><00:15:39.600><c> Constable</c><00:15:39.959><c> money</c><00:15:40.380><c> is</c><00:15:40.680><c> anyway</c><00:15:41.060><c> at</c> 00:15:42.050 --> 00:15:44.579 align:start position:0% x 00:15:42.060 --> 00:15:44.569 align:start position:0% x folding<00:15:42.540><c> stuff</c><00:15:42.720><c> in</c><00:15:42.899><c> our</c><00:15:43.079><c> pocket</c><00:15:43.440><c> and</c><00:15:44.160><c> the</c><00:15:44.399><c> law</c> 00:15:44.569 --> 00:15:46.800 align:start position:0% x 00:15:44.579 --> 00:15:46.790 align:start position:0% x of<00:15:45.000><c> supply</c><00:15:45.240><c> and</c><00:15:45.540><c> demand</c><00:15:45.899><c> yeah</c><00:15:46.259><c> that's</c><00:15:46.680><c> right</c> 00:15:46.790 --> 00:15:48.420 align:start position:0% x 00:15:46.800 --> 00:15:48.410 align:start position:0% x it's<00:15:47.040><c> that</c><00:15:47.279><c> chart</c><00:15:47.459><c> thing</c><00:15:47.699><c> we</c><00:15:47.880><c> had</c><00:15:48.060><c> to</c><00:15:48.180><c> do</c><00:15:48.300><c> in</c> 00:15:48.410 --> 00:15:50.639 align:start position:0% x 00:15:48.420 --> 00:15:50.629 align:start position:0% x economics<00:15:48.839><c> 101</c><00:15:49.320><c> the</c><00:15:49.860><c> supply</c><00:15:50.040><c> and</c><00:15:50.279><c> demand</c> 00:15:50.629 --> 00:15:53.160 align:start position:0% x 00:15:50.639 --> 00:15:53.150 align:start position:0% x concept<00:15:51.480><c> these</c><00:15:51.899><c> these</c><00:15:52.199><c> are</c><00:15:52.320><c> two</c><00:15:52.560><c> absolutely</c> 00:15:53.150 --> 00:15:54.959 align:start position:0% x 00:15:53.160 --> 00:15:54.949 align:start position:0% x fundamental<00:15:53.940><c> concepts</c><00:15:54.420><c> underpinning</c> 00:15:54.949 --> 00:15:57.300 align:start position:0% x 00:15:54.959 --> 00:15:57.290 align:start position:0% x economics<00:15:55.440><c> so</c><00:15:55.620><c> let's</c><00:15:55.740><c> have</c><00:15:55.920><c> a</c><00:15:56.040><c> look</c><00:15:56.160><c> at</c><00:15:56.279><c> them</c> 00:15:57.290 --> 00:15:59.759 align:start position:0% x 00:15:57.300 --> 00:15:59.749 align:start position:0% x let's<00:15:57.959><c> have</c><00:15:58.139><c> a</c><00:15:58.259><c> look</c><00:15:58.380><c> at</c><00:15:58.560><c> money</c><00:15:58.920><c> in</c><00:15:59.459><c> the</c><00:15:59.579><c> first</c> 00:15:59.749 --> 00:16:01.860 align:start position:0% x 00:15:59.759 --> 00:16:01.850 align:start position:0% x instance<00:16:00.060><c> well</c><00:16:00.420><c> if</c><00:16:00.600><c> we</c><00:16:00.779><c> go</c><00:16:00.959><c> back</c><00:16:01.199><c> to</c><00:16:01.440><c> the</c><00:16:01.620><c> first</c> 00:16:01.850 --> 00:16:04.860 align:start position:0% x 00:16:01.860 --> 00:16:04.850 align:start position:0% x basic<00:16:02.759><c> monetary</c><00:16:03.360><c> system</c><00:16:03.680><c> essentially</c><00:16:04.680><c> what</c> 00:16:04.850 --> 00:16:07.560 align:start position:0% x 00:16:04.860 --> 00:16:07.550 align:start position:0% x it<00:16:04.980><c> was</c><00:16:05.160><c> was</c><00:16:05.459><c> Bata</c><00:16:06.060><c> so</c><00:16:06.839><c> you</c><00:16:06.959><c> had</c><00:16:07.139><c> expert</c> 00:16:07.550 --> 00:16:09.600 align:start position:0% x 00:16:07.560 --> 00:16:09.590 align:start position:0% x fishermen<00:16:08.100><c> on</c><00:16:08.220><c> the</c><00:16:08.399><c> left</c><00:16:08.519><c> hand</c><00:16:08.699><c> side</c><00:16:08.940><c> there</c><00:16:09.300><c> he</c> 00:16:09.590 --> 00:16:12.120 align:start position:0% x 00:16:09.600 --> 00:16:12.110 align:start position:0% x caught<00:16:09.839><c> large</c><00:16:10.259><c> fish</c><00:16:10.620><c> and</c><00:16:11.579><c> what</c><00:16:11.820><c> would</c><00:16:12.000><c> happen</c> 00:16:12.110 --> 00:16:14.040 align:start position:0% x 00:16:12.120 --> 00:16:14.030 align:start position:0% x then<00:16:12.420><c> he'd</c><00:16:12.779><c> specialize</c><00:16:13.139><c> in</c><00:16:13.380><c> catching</c><00:16:13.800><c> fish</c> 00:16:14.030 --> 00:16:15.899 align:start position:0% x 00:16:14.040 --> 00:16:15.889 align:start position:0% x and<00:16:14.639><c> there'd</c><00:16:14.820><c> be</c><00:16:14.940><c> a</c><00:16:15.060><c> farmer</c><00:16:15.420><c> over</c><00:16:15.600><c> the</c><00:16:15.779><c> right</c> 00:16:15.889 --> 00:16:17.579 align:start position:0% x 00:16:15.899 --> 00:16:17.569 align:start position:0% x hand<00:16:16.079><c> side</c><00:16:16.320><c> would</c><00:16:16.620><c> specialize</c><00:16:17.100><c> in</c><00:16:17.279><c> Grown</c> 00:16:17.569 --> 00:16:19.139 align:start position:0% x 00:16:17.579 --> 00:16:19.129 align:start position:0% x grain<00:16:17.940><c> and</c><00:16:18.300><c> when</c><00:16:18.480><c> the</c><00:16:18.600><c> fisherman</c><00:16:18.899><c> wanted</c> 00:16:19.129 --> 00:16:20.759 align:start position:0% x 00:16:19.139 --> 00:16:20.749 align:start position:0% x grain<00:16:19.500><c> or</c><00:16:19.680><c> the</c><00:16:19.800><c> grain</c><00:16:19.980><c> grow</c><00:16:20.160><c> I</c><00:16:20.279><c> want</c><00:16:20.459><c> to</c><00:16:20.579><c> fish</c> 00:16:20.749 --> 00:16:23.040 align:start position:0% x 00:16:20.759 --> 00:16:23.030 align:start position:0% x that<00:16:21.000><c> exchanger</c><00:16:21.420><c> in</c><00:16:21.959><c> a</c><00:16:22.079><c> barter</c><00:16:22.500><c> system</c><00:16:22.680><c> and</c> 00:16:23.030 --> 00:16:25.259 align:start position:0% x 00:16:23.040 --> 00:16:25.249 align:start position:0% x there'd<00:16:23.279><c> be</c><00:16:23.339><c> exchange</c><00:16:23.820><c> rate</c><00:16:24.060><c> you</c><00:16:24.899><c> would</c><00:16:25.019><c> need</c> 00:16:25.249 --> 00:16:28.800 align:start position:0% x 00:16:25.259 --> 00:16:28.790 align:start position:0% x 100<00:16:25.620><c> grains</c><00:16:26.339><c> of</c><00:16:27.120><c> wheat</c><00:16:27.660><c> or</c><00:16:27.839><c> corn</c> 00:16:28.790 --> 00:16:32.100 align:start position:0% x 00:16:28.800 --> 00:16:32.090 align:start position:0% x uh<00:16:29.399><c> let's</c><00:16:29.639><c> just</c><00:16:29.940><c> say</c><00:16:30.540><c> in</c><00:16:31.259><c> order</c><00:16:31.440><c> to</c><00:16:31.680><c> buy</c><00:16:31.800><c> one</c> 00:16:32.090 --> 00:16:35.240 align:start position:0% x 00:16:32.100 --> 00:16:35.240 align:start position:0% x fish<00:16:32.279><c> because</c><00:16:32.459><c> it</c><00:16:32.699><c> is</c><00:16:32.820><c> a</c><00:16:33.000><c> big</c><00:16:33.120><c> fish</c> 00:16:35.629 --> 00:16:35.629 align:start position:0% x 00:16:35.639 --> 00:16:37.670 align:start position:0% x so<00:16:36.120><c> that's</c><00:16:36.300><c> the</c><00:16:36.540><c> first</c><00:16:36.660><c> monetary</c><00:16:37.199><c> system</c><00:16:37.440><c> it's</c> 00:16:37.670 --> 00:16:39.360 align:start position:0% x 00:16:37.680 --> 00:16:39.350 align:start position:0% x a<00:16:37.800><c> barter</c><00:16:38.220><c> system</c><00:16:38.339><c> where</c><00:16:38.579><c> you</c><00:16:38.759><c> just</c><00:16:38.880><c> exchange</c> 00:16:39.350 --> 00:16:41.040 align:start position:0% x 00:16:39.360 --> 00:16:41.030 align:start position:0% x stuff<00:16:39.600><c> and</c><00:16:39.839><c> there's</c><00:16:39.959><c> an</c><00:16:40.199><c> exchange</c><00:16:40.500><c> rate</c><00:16:40.800><c> that</c> 00:16:41.030 --> 00:16:43.860 align:start position:0% x 00:16:41.040 --> 00:16:43.850 align:start position:0% x develops<00:16:41.519><c> depending</c><00:16:42.420><c> on</c><00:16:42.839><c> how</c><00:16:43.320><c> much</c><00:16:43.440><c> is</c><00:16:43.620><c> being</c> 00:16:43.850 --> 00:16:46.920 align:start position:0% x 00:16:43.860 --> 00:16:46.910 align:start position:0% x supplied<00:16:44.339><c> or</c><00:16:44.579><c> created</c><00:16:45.240><c> well</c><00:16:46.139><c> people</c><00:16:46.440><c> started</c> 00:16:46.910 --> 00:16:48.480 align:start position:0% x 00:16:46.920 --> 00:16:48.470 align:start position:0% x getting<00:16:47.100><c> a</c><00:16:47.279><c> bit</c><00:16:47.399><c> smarter</c><00:16:47.820><c> about</c><00:16:47.940><c> things</c><00:16:48.240><c> and</c> 00:16:48.470 --> 00:16:50.940 align:start position:0% x 00:16:48.480 --> 00:16:50.930 align:start position:0% x they<00:16:48.720><c> created</c><00:16:49.079><c> this</c><00:16:49.860><c> idea</c><00:16:50.220><c> of</c><00:16:50.399><c> commodity</c> 00:16:50.930 --> 00:16:54.839 align:start position:0% x 00:16:50.940 --> 00:16:54.829 align:start position:0% x money<00:16:51.240><c> so</c><00:16:52.079><c> they</c><00:16:52.320><c> found</c><00:16:52.560><c> stuff</c><00:16:52.980><c> like</c><00:16:53.220><c> gold</c> 00:16:54.829 --> 00:16:57.300 align:start position:0% x 00:16:54.839 --> 00:16:57.290 align:start position:0% x and<00:16:55.320><c> they</c><00:16:55.500><c> created</c><00:16:55.860><c> these</c><00:16:56.399><c> exchange</c><00:16:56.880><c> rates</c> 00:16:57.290 --> 00:17:03.000 align:start position:0% x 00:16:57.300 --> 00:17:02.990 align:start position:0% x between<00:16:57.980><c> gold</c><00:16:58.980><c> and</c><00:16:59.880><c> fish</c><00:17:00.199><c> and</c><00:17:01.199><c> grain</c><00:17:01.820><c> oops</c><00:17:02.820><c> you</c> 00:17:02.990 --> 00:17:05.100 align:start position:0% x 00:17:03.000 --> 00:17:05.090 align:start position:0% x can't<00:17:03.180><c> see</c><00:17:03.360><c> that</c><00:17:03.540><c> yet</c><00:17:04.020><c> right</c><00:17:04.500><c> now</c><00:17:04.740><c> the</c><00:17:04.919><c> reason</c> 00:17:05.090 --> 00:17:07.020 align:start position:0% x 00:17:05.100 --> 00:17:07.010 align:start position:0% x they<00:17:05.339><c> did</c><00:17:05.579><c> this</c><00:17:05.760><c> is</c><00:17:06.120><c> I</c><00:17:06.480><c> don't</c><00:17:06.660><c> know</c><00:17:06.720><c> how</c><00:17:06.839><c> many</c> 00:17:07.010 --> 00:17:08.939 align:start position:0% x 00:17:07.020 --> 00:17:08.929 align:start position:0% x of<00:17:07.199><c> you</c><00:17:07.319><c> have</c><00:17:07.620><c> tried</c><00:17:07.860><c> recently</c><00:17:08.339><c> to</c><00:17:08.579><c> stick</c><00:17:08.760><c> a</c> 00:17:08.929 --> 00:17:10.500 align:start position:0% x 00:17:08.939 --> 00:17:10.490 align:start position:0% x cup<00:17:09.059><c> of</c><00:17:09.179><c> fish</c><00:17:09.299><c> in</c><00:17:09.419><c> your</c><00:17:09.539><c> back</c><00:17:09.720><c> pocket</c><00:17:10.079><c> and</c><00:17:10.380><c> walk</c> 00:17:10.490 --> 00:17:12.780 align:start position:0% x 00:17:10.500 --> 00:17:12.770 align:start position:0% x around<00:17:10.679><c> with</c><00:17:10.919><c> them</c><00:17:11.039><c> and</c><00:17:11.160><c> use</c><00:17:11.280><c> those</c><00:17:11.579><c> as</c><00:17:11.880><c> money</c> 00:17:12.770 --> 00:17:14.400 align:start position:0% x 00:17:12.780 --> 00:17:14.390 align:start position:0% x right<00:17:13.140><c> so</c><00:17:13.439><c> it's</c><00:17:13.620><c> not</c><00:17:13.799><c> very</c><00:17:13.980><c> effective</c> 00:17:14.390 --> 00:17:16.559 align:start position:0% x 00:17:14.400 --> 00:17:16.549 align:start position:0% x particularly<00:17:14.880><c> after</c><00:17:15.059><c> two</c><00:17:15.299><c> or</c><00:17:15.480><c> three</c><00:17:15.539><c> days</c><00:17:15.780><c> so</c> 00:17:16.549 --> 00:17:18.480 align:start position:0% x 00:17:16.559 --> 00:17:18.470 align:start position:0% x and<00:17:16.980><c> grain</c><00:17:17.339><c> doesn't</c><00:17:17.520><c> work</c><00:17:17.760><c> either</c><00:17:17.939><c> so</c><00:17:18.299><c> what</c> 00:17:18.470 --> 00:17:20.699 align:start position:0% x 00:17:18.480 --> 00:17:20.689 align:start position:0% x you<00:17:18.600><c> do</c><00:17:18.780><c> is</c><00:17:18.900><c> you</c><00:17:19.020><c> create</c><00:17:19.319><c> a</c><00:17:19.740><c> commodity</c><00:17:20.160><c> money</c> 00:17:20.689 --> 00:17:22.799 align:start position:0% x 00:17:20.699 --> 00:17:22.789 align:start position:0% x basis<00:17:21.240><c> something</c><00:17:21.480><c> like</c><00:17:21.720><c> gold</c><00:17:22.020><c> it's</c><00:17:22.319><c> nice</c><00:17:22.559><c> it's</c> 00:17:22.789 --> 00:17:24.539 align:start position:0% x 00:17:22.799 --> 00:17:24.529 align:start position:0% x valuable<00:17:23.220><c> it's</c><00:17:23.459><c> you</c><00:17:24.000><c> can</c><00:17:24.120><c> stick</c><00:17:24.240><c> it</c><00:17:24.360><c> in</c><00:17:24.480><c> your</c> 00:17:24.529 --> 00:17:26.100 align:start position:0% x 00:17:24.539 --> 00:17:26.090 align:start position:0% x pocket<00:17:24.839><c> and</c><00:17:25.020><c> it</c><00:17:25.140><c> will</c><00:17:25.319><c> well</c><00:17:25.559><c> it's</c><00:17:25.860><c> going</c><00:17:26.039><c> to</c> 00:17:26.090 --> 00:17:28.980 align:start position:0% x 00:17:26.100 --> 00:17:28.970 align:start position:0% x say<00:17:26.220><c> stay</c><00:17:26.459><c> there</c><00:17:26.640><c> but</c><00:17:26.939><c> not</c><00:17:27.539><c> with</c><00:17:27.720><c> my</c><00:17:27.959><c> wife</c><00:17:28.140><c> but</c> 00:17:28.970 --> 00:17:31.100 align:start position:0% x 00:17:28.980 --> 00:17:31.100 align:start position:0% x um 00:17:34.070 --> 00:17:34.070 align:start position:0% x 00:17:34.080 --> 00:17:36.169 align:start position:0% x sorry 00:17:36.169 --> 00:17:38.400 align:start position:0% x 00:17:36.179 --> 00:17:38.390 align:start position:0% x so<00:17:36.660><c> you</c><00:17:36.900><c> create</c><00:17:37.020><c> commodity</c> 00:17:38.390 --> 00:17:40.140 align:start position:0% x 00:17:38.400 --> 00:17:40.130 align:start position:0% x you<00:17:38.580><c> create</c><00:17:39.000><c> commodity</c><00:17:39.419><c> money</c><00:17:39.660><c> and</c><00:17:39.900><c> that</c><00:17:40.020><c> was</c> 00:17:40.130 --> 00:17:42.480 align:start position:0% x 00:17:40.140 --> 00:17:42.470 align:start position:0% x the<00:17:40.380><c> next</c><00:17:40.500><c> step</c><00:17:40.799><c> in</c><00:17:41.100><c> the</c><00:17:41.280><c> process</c><00:17:41.580><c> so</c><00:17:41.940><c> gold</c><00:17:42.240><c> or</c> 00:17:42.470 --> 00:17:43.980 align:start position:0% x 00:17:42.480 --> 00:17:43.970 align:start position:0% x something<00:17:42.600><c> valuable</c><00:17:43.020><c> like</c><00:17:43.260><c> silver</c><00:17:43.500><c> actually</c> 00:17:43.970 --> 00:17:46.679 align:start position:0% x 00:17:43.980 --> 00:17:46.669 align:start position:0% x became<00:17:44.400><c> the</c><00:17:44.880><c> base</c><00:17:45.120><c> of</c><00:17:45.299><c> monetary</c><00:17:45.840><c> systems</c><00:17:46.320><c> for</c> 00:17:46.669 --> 00:17:48.960 align:start position:0% x 00:17:46.679 --> 00:17:48.950 align:start position:0% x much<00:17:47.039><c> of</c><00:17:47.220><c> human</c><00:17:47.520><c> history</c> 00:17:48.950 --> 00:17:51.539 align:start position:0% x 00:17:48.960 --> 00:17:51.529 align:start position:0% x so<00:17:49.320><c> that</c><00:17:49.440><c> was</c><00:17:49.620><c> commodity</c><00:17:50.100><c> money</c><00:17:50.400><c> as</c><00:17:50.880><c> an</c><00:17:51.179><c> idea</c> 00:17:51.529 --> 00:17:55.200 align:start position:0% x 00:17:51.539 --> 00:17:55.190 align:start position:0% x now<00:17:52.220><c> if</c><00:17:53.220><c> one</c><00:17:53.400><c> fish</c><00:17:53.640><c> equals</c><00:17:54.120><c> 100</c><00:17:54.240><c> grains</c><00:17:54.840><c> and</c> 00:17:55.190 --> 00:17:57.299 align:start position:0% x 00:17:55.200 --> 00:17:57.289 align:start position:0% x one<00:17:55.380><c> shekel</c><00:17:55.799><c> equals</c><00:17:56.280><c> one</c><00:17:56.520><c> thousand</c><00:17:56.820><c> grains</c> 00:17:57.289 --> 00:17:59.400 align:start position:0% x 00:17:57.299 --> 00:17:59.390 align:start position:0% x how<00:17:57.780><c> many</c><00:17:57.960><c> fish</c><00:17:58.260><c> are</c><00:17:58.500><c> there</c><00:17:58.679><c> in</c><00:17:58.799><c> one</c><00:17:58.980><c> shackle</c> 00:17:59.390 --> 00:18:02.000 align:start position:0% x 00:17:59.400 --> 00:18:02.000 align:start position:0% x come<00:17:59.820><c> on</c> 00:18:04.310 --> 00:18:04.310 align:start position:0% x 00:18:04.320 --> 00:18:06.350 align:start position:0% x kinflush<00:18:05.039><c> well</c><00:18:05.220><c> done</c> 00:18:06.350 --> 00:18:09.059 align:start position:0% x 00:18:06.360 --> 00:18:09.049 align:start position:0% x I'm<00:18:06.840><c> impressed</c><00:18:07.919><c> all</c><00:18:08.400><c> right</c> so<00:18:08.640><c> that's</c> 00:18:09.049 --> 00:18:11.400 align:start position:0% x 00:18:09.059 --> 00:18:11.390 align:start position:0% x commodity<00:18:10.020><c> money</c> 00:18:11.390 --> 00:18:13.200 align:start position:0% x 00:18:11.400 --> 00:18:13.190 align:start position:0% x no 00:18:13.190 --> 00:18:14.700 align:start position:0% x 00:18:13.200 --> 00:18:14.690 align:start position:0% x I<00:18:13.260><c> just</c><00:18:13.740><c> did</c><00:18:13.919><c> I</c><00:18:14.100><c> have</c><00:18:14.220><c> a</c><00:18:14.340><c> little</c><00:18:14.460><c> calculator</c> 00:18:14.690 --> 00:18:17.160 align:start position:0% x 00:18:14.700 --> 00:18:17.150 align:start position:0% x here<00:18:15.120><c> I'll</c><00:18:15.299><c> check</c><00:18:15.480><c> that</c><00:18:15.660><c> out</c> 00:18:17.150 --> 00:18:20.120 align:start position:0% x 00:18:17.160 --> 00:18:20.120 align:start position:0% x where's<00:18:17.520><c> New</c><00:18:17.880><c> Zealand</c> 00:18:22.090 --> 00:18:22.090 align:start position:0% x 00:18:22.100 --> 00:18:24.950 align:start position:0% x so<00:18:23.100><c> the</c><00:18:23.400><c> next</c><00:18:23.520><c> step</c><00:18:23.760><c> came</c><00:18:24.000><c> was</c><00:18:24.299><c> a</c><00:18:24.539><c> concept</c> 00:18:24.950 --> 00:18:26.700 align:start position:0% x 00:18:24.960 --> 00:18:26.690 align:start position:0% x called<00:18:25.140><c> fit</c><00:18:25.500><c> money</c><00:18:25.679><c> somebody</c><00:18:25.980><c> woke</c><00:18:26.400><c> up</c><00:18:26.520><c> one</c> 00:18:26.690 --> 00:18:28.080 align:start position:0% x 00:18:26.700 --> 00:18:28.070 align:start position:0% x morning<00:18:26.940><c> and</c><00:18:27.120><c> said</c><00:18:27.240><c> look</c> 00:18:28.070 --> 00:18:29.820 align:start position:0% x 00:18:28.080 --> 00:18:29.810 align:start position:0% x you<00:18:28.440><c> know</c><00:18:28.500><c> I'm</c><00:18:28.679><c> sick</c><00:18:28.860><c> of</c><00:18:29.039><c> carrying</c><00:18:29.340><c> this</c><00:18:29.460><c> heavy</c> 00:18:29.810 --> 00:18:31.140 align:start position:0% x 00:18:29.820 --> 00:18:31.130 align:start position:0% x gold<00:18:29.940><c> around</c><00:18:30.120><c> in</c><00:18:30.299><c> my</c><00:18:30.419><c> pocket</c><00:18:30.720><c> why</c><00:18:30.840><c> don't</c><00:18:31.020><c> we</c> 00:18:31.130 --> 00:18:33.299 align:start position:0% x 00:18:31.140 --> 00:18:33.289 align:start position:0% x create<00:18:31.320><c> something</c><00:18:31.679><c> and</c><00:18:32.100><c> we'll</c><00:18:32.280><c> call</c><00:18:32.460><c> it</c><00:18:32.640><c> Fiat</c> 00:18:33.289 --> 00:18:34.500 align:start position:0% x 00:18:33.299 --> 00:18:34.490 align:start position:0% x money<00:18:33.419><c> I'm</c><00:18:33.660><c> not</c><00:18:33.780><c> quite</c><00:18:33.900><c> sure</c><00:18:34.020><c> why</c><00:18:34.200><c> they</c><00:18:34.380><c> called</c> 00:18:34.490 --> 00:18:36.480 align:start position:0% x 00:18:34.500 --> 00:18:36.470 align:start position:0% x it<00:18:34.679><c> that</c><00:18:34.799><c> it'll</c><00:18:35.100><c> be</c><00:18:35.220><c> some</c><00:18:35.460><c> Latin</c><00:18:35.940><c> derivation</c> 00:18:36.470 --> 00:18:39.120 align:start position:0% x 00:18:36.480 --> 00:18:39.110 align:start position:0% x or<00:18:36.720><c> something</c><00:18:36.840><c> or</c><00:18:37.080><c> other</c><00:18:37.640><c> but</c><00:18:38.640><c> they</c><00:18:38.820><c> created</c> 00:18:39.110 --> 00:18:41.460 align:start position:0% x 00:18:39.120 --> 00:18:41.450 align:start position:0% x something<00:18:39.360><c> looked</c><00:18:39.840><c> like</c><00:18:40.020><c> that</c> 00:18:41.450 --> 00:18:44.220 align:start position:0% x 00:18:41.460 --> 00:18:44.210 align:start position:0% x and<00:18:42.120><c> they</c><00:18:42.419><c> made</c><00:18:42.600><c> an</c><00:18:42.780><c> exchange</c><00:18:43.080><c> rate</c><00:18:43.260><c> said</c><00:18:43.679><c> that</c> 00:18:44.210 --> 00:18:46.740 align:start position:0% x 00:18:44.220 --> 00:18:46.730 align:start position:0% x 10<00:18:44.580><c> of</c><00:18:44.940><c> these</c><00:18:45.360><c> are</c><00:18:45.960><c> going</c><00:18:46.140><c> to</c><00:18:46.260><c> equal</c><00:18:46.380><c> one</c> 00:18:46.730 --> 00:18:48.120 align:start position:0% x 00:18:46.740 --> 00:18:48.110 align:start position:0% x shekel<00:18:47.160><c> a</c><00:18:47.280><c> goal</c> 00:18:48.110 --> 00:18:50.220 align:start position:0% x 00:18:48.120 --> 00:18:50.210 align:start position:0% x and<00:18:48.539><c> we</c><00:18:48.660><c> are</c><00:18:48.780><c> the</c><00:18:48.960><c> central</c><00:18:49.140><c> bank</c><00:18:49.500><c> or</c><00:18:50.039><c> the</c> 00:18:50.210 --> 00:18:52.200 align:start position:0% x 00:18:50.220 --> 00:18:52.190 align:start position:0% x government<00:18:50.400><c> we</c><00:18:51.120><c> will</c><00:18:51.299><c> print</c><00:18:51.480><c> these</c><00:18:51.780><c> worthless</c> 00:18:52.190 --> 00:18:54.660 align:start position:0% x 00:18:52.200 --> 00:18:54.650 align:start position:0% x pieces<00:18:52.620><c> of</c><00:18:52.860><c> paper</c><00:18:53.220><c> is</c><00:18:53.820><c> worthless</c><00:18:54.299><c> because</c><00:18:54.480><c> the</c> 00:18:54.650 --> 00:18:58.200 align:start position:0% x 00:18:54.660 --> 00:18:58.190 align:start position:0% x US<00:18:54.780><c> Dollars</c><00:18:55.280><c> and</c><00:18:56.280><c> and</c><00:18:57.059><c> uh</c><00:18:57.419><c> we'll</c><00:18:57.660><c> print</c><00:18:57.900><c> these</c> 00:18:58.190 --> 00:19:00.960 align:start position:0% x 00:18:58.200 --> 00:19:00.950 align:start position:0% x worthless<00:18:58.620><c> pieces</c><00:18:59.039><c> of</c><00:18:59.280><c> paper</c><00:18:59.539><c> and</c><00:19:00.539><c> we</c><00:19:00.780><c> will</c> 00:19:00.950 --> 00:19:03.299 align:start position:0% x 00:19:00.960 --> 00:19:03.289 align:start position:0% x fix<00:19:01.140><c> an</c><00:19:01.380><c> exchange</c><00:19:01.679><c> rate</c><00:19:01.919><c> at</c><00:19:02.160><c> 10</c><00:19:02.460><c> of</c><00:19:02.700><c> these</c><00:19:03.059><c> to</c> 00:19:03.289 --> 00:19:05.400 align:start position:0% x 00:19:03.299 --> 00:19:05.390 align:start position:0% x one<00:19:03.480><c> sheckular</c><00:19:04.020><c> gold</c><00:19:04.260><c> and</c><00:19:04.860><c> now</c><00:19:05.160><c> you</c><00:19:05.280><c> don't</c> 00:19:05.390 --> 00:19:06.900 align:start position:0% x 00:19:05.400 --> 00:19:06.890 align:start position:0% x have<00:19:05.580><c> to</c><00:19:05.700><c> carry</c><00:19:06.059><c> gold</c><00:19:06.240><c> around</c><00:19:06.480><c> your</c><00:19:06.660><c> pocket</c> 00:19:06.890 --> 00:19:08.640 align:start position:0% x 00:19:06.900 --> 00:19:08.630 align:start position:0% x anymore<00:19:07.020><c> and</c><00:19:07.320><c> carry</c><00:19:07.980><c> this</c><00:19:08.100><c> piece</c><00:19:08.400><c> of</c><00:19:08.460><c> paper</c> 00:19:08.630 --> 00:19:11.160 align:start position:0% x 00:19:08.640 --> 00:19:11.150 align:start position:0% x around<00:19:09.000><c> and</c><00:19:09.720><c> you</c><00:19:09.900><c> can</c><00:19:09.960><c> use</c><00:19:10.200><c> that</c><00:19:10.500><c> to</c><00:19:10.799><c> do</c><00:19:10.919><c> the</c> 00:19:11.150 --> 00:19:12.539 align:start position:0% x 00:19:11.160 --> 00:19:12.529 align:start position:0% x exchanging<00:19:11.580><c> with</c><00:19:11.760><c> and</c><00:19:11.940><c> that's</c><00:19:12.059><c> called</c><00:19:12.240><c> Fiat</c> 00:19:12.529 --> 00:19:13.320 align:start position:0% x 00:19:12.539 --> 00:19:13.310 align:start position:0% x money<00:19:12.660><c> right</c><00:19:12.840><c> it</c><00:19:13.020><c> doesn't</c><00:19:13.140><c> have</c><00:19:13.260><c> any</c> 00:19:13.310 --> 00:19:15.120 align:start position:0% x 00:19:13.320 --> 00:19:15.110 align:start position:0% x intrinsic<00:19:13.860><c> value</c><00:19:14.039><c> only</c><00:19:14.400><c> because</c><00:19:14.700><c> a</c> 00:19:15.110 --> 00:19:16.860 align:start position:0% x 00:19:15.120 --> 00:19:16.850 align:start position:0% x government<00:19:15.240><c> or</c><00:19:15.480><c> someone</c><00:19:15.720><c> who</c><00:19:15.960><c> backs</c><00:19:16.320><c> it</c><00:19:16.380><c> says</c> 00:19:16.850 --> 00:19:18.780 align:start position:0% x 00:19:16.860 --> 00:19:18.770 align:start position:0% x it's<00:19:17.160><c> going</c><00:19:17.340><c> to</c><00:19:17.460><c> have</c><00:19:17.580><c> value</c><00:19:17.880><c> and</c><00:19:18.360><c> back</c><00:19:18.600><c> the</c> 00:19:18.770 --> 00:19:20.280 align:start position:0% x 00:19:18.780 --> 00:19:20.270 align:start position:0% x exchange 00:19:20.270 --> 00:19:22.799 align:start position:0% x 00:19:20.280 --> 00:19:22.789 align:start position:0% x now<00:19:20.820><c> this</c><00:19:21.120><c> is</c><00:19:21.299><c> all</c><00:19:21.480><c> fine</c> 00:19:22.789 --> 00:19:26.039 align:start position:0% x 00:19:22.799 --> 00:19:26.029 align:start position:0% x except<00:19:23.700><c> you</c><00:19:24.179><c> end</c><00:19:24.360><c> up</c><00:19:24.539><c> with</c><00:19:24.960><c> this</c> 00:19:26.029 --> 00:19:27.660 align:start position:0% x 00:19:26.039 --> 00:19:27.650 align:start position:0% x key<00:19:26.520><c> issue</c> 00:19:27.650 --> 00:19:30.120 align:start position:0% x 00:19:27.660 --> 00:19:30.110 align:start position:0% x the<00:19:28.320><c> whole</c><00:19:28.500><c> system</c> 00:19:30.110 --> 00:19:32.220 align:start position:0% x 00:19:30.120 --> 00:19:32.210 align:start position:0% x only<00:19:30.720><c> works</c> 00:19:32.210 --> 00:19:35.660 align:start position:0% x 00:19:32.220 --> 00:19:35.660 align:start position:0% x sorry<00:19:32.580><c> I've</c><00:19:32.760><c> missed</c><00:19:33.120><c> a</c><00:19:33.179><c> step</c><00:19:33.360><c> there</c> 00:19:37.430 --> 00:19:37.430 align:start position:0% x 00:19:37.440 --> 00:19:39.350 align:start position:0% x I<00:19:37.620><c> need</c><00:19:37.919><c> to</c><00:19:37.980><c> go</c><00:19:38.100><c> through</c><00:19:38.220><c> one</c><00:19:38.400><c> more</c><00:19:38.580><c> step</c><00:19:38.760><c> all</c> 00:19:39.350 --> 00:19:41.280 align:start position:0% x 00:19:39.360 --> 00:19:41.270 align:start position:0% x right<00:19:39.539><c> so</c><00:19:39.720><c> you</c><00:19:40.080><c> got</c><00:19:40.260><c> this</c><00:19:40.440><c> concept</c><00:19:40.740><c> of</c><00:19:40.980><c> Fiat</c> 00:19:41.270 --> 00:19:42.840 align:start position:0% x 00:19:41.280 --> 00:19:42.830 align:start position:0% x money<00:19:41.400><c> the</c><00:19:41.640><c> piece</c><00:19:41.940><c> of</c><00:19:42.000><c> Paving</c><00:19:42.299><c> pocket's</c><00:19:42.720><c> not</c> 00:19:42.830 --> 00:19:44.460 align:start position:0% x 00:19:42.840 --> 00:19:44.450 align:start position:0% x worth<00:19:42.960><c> anything</c><00:19:43.200><c> but</c><00:19:43.679><c> if</c><00:19:44.100><c> the</c><00:19:44.340><c> government</c> 00:19:44.450 --> 00:19:47.100 align:start position:0% x 00:19:44.460 --> 00:19:47.090 align:start position:0% x will<00:19:44.820><c> someone</c><00:19:45.000><c> powerful</c><00:19:45.539><c> says</c><00:19:46.080><c> it</c><00:19:46.200><c> is</c><00:19:46.320><c> then</c><00:19:46.860><c> it</c> 00:19:47.090 --> 00:19:47.880 align:start position:0% x 00:19:47.100 --> 00:19:47.870 align:start position:0% x is 00:19:47.870 --> 00:19:50.160 align:start position:0% x 00:19:47.880 --> 00:19:50.150 align:start position:0% x and<00:19:48.480><c> the</c><00:19:48.780><c> next</c><00:19:48.900><c> step</c><00:19:49.140><c> in</c><00:19:49.380><c> the</c><00:19:49.559><c> concept</c><00:19:49.799><c> fit</c> 00:19:50.150 --> 00:19:51.419 align:start position:0% x 00:19:50.160 --> 00:19:51.409 align:start position:0% x money<00:19:50.340><c> is</c><00:19:50.580><c> you</c><00:19:50.700><c> don't</c><00:19:50.820><c> actually</c><00:19:50.940><c> need</c><00:19:51.240><c> a</c> 00:19:51.409 --> 00:19:53.039 align:start position:0% x 00:19:51.419 --> 00:19:53.029 align:start position:0% x folding<00:19:51.780><c> thing</c><00:19:51.960><c> anymore</c><00:19:52.200><c> because</c><00:19:52.620><c> now</c><00:19:52.860><c> we're</c> 00:19:53.029 --> 00:19:55.559 align:start position:0% x 00:19:53.039 --> 00:19:55.549 align:start position:0% x all<00:19:53.160><c> clever</c><00:19:53.460><c> and</c><00:19:54.179><c> we've</c><00:19:54.419><c> got</c><00:19:54.600><c> this</c><00:19:54.960><c> electronic</c> 00:19:55.549 --> 00:19:57.480 align:start position:0% x 00:19:55.559 --> 00:19:57.470 align:start position:0% x system<00:19:55.799><c> so</c><00:19:56.220><c> what</c><00:19:56.400><c> you</c><00:19:56.580><c> just</c><00:19:56.700><c> do</c><00:19:56.940><c> is</c><00:19:57.059><c> you</c><00:19:57.240><c> create</c> 00:19:57.470 --> 00:20:00.120 align:start position:0% x 00:19:57.480 --> 00:20:00.110 align:start position:0% x a<00:19:58.200><c> bank</c><00:19:58.320><c> account</c><00:19:58.559><c> statement</c><00:19:59.400><c> and</c><00:19:59.760><c> it's</c><00:19:59.940><c> got</c> 00:20:00.110 --> 00:20:01.320 align:start position:0% x 00:20:00.120 --> 00:20:01.310 align:start position:0% x ten<00:20:00.419><c> dollars</c><00:20:00.660><c> in</c><00:20:00.780><c> it</c><00:20:00.900><c> so</c><00:20:01.020><c> you</c><00:20:01.140><c> don't</c><00:20:01.200><c> actually</c> 00:20:01.310 --> 00:20:03.360 align:start position:0% x 00:20:01.320 --> 00:20:03.350 align:start position:0% x need<00:20:01.620><c> the</c><00:20:01.799><c> folding</c><00:20:02.280><c> stuff</c><00:20:02.520><c> anymore</c><00:20:02.820><c> all</c><00:20:03.360><c> right</c> 00:20:03.350 --> 00:20:05.700 align:start position:0% x 00:20:03.360 --> 00:20:05.690 align:start position:0% x so<00:20:03.600><c> it's</c><00:20:03.840><c> the</c><00:20:04.020><c> same</c><00:20:04.200><c> thing</c><00:20:04.440><c> yeah</c><00:20:05.159><c> and</c><00:20:05.580><c> that's</c> 00:20:05.690 --> 00:20:07.380 align:start position:0% x 00:20:05.700 --> 00:20:07.370 align:start position:0% x actually<00:20:05.880><c> about</c><00:20:06.120><c> to</c><00:20:06.360><c> balance</c><00:20:06.659><c> my</c><00:20:06.900><c> account</c><00:20:07.020><c> too</c> 00:20:07.370 --> 00:20:08.940 align:start position:0% x 00:20:07.380 --> 00:20:08.930 align:start position:0% x if<00:20:07.559><c> anyone's</c><00:20:07.919><c> motto</c> 00:20:08.930 --> 00:20:10.380 align:start position:0% x 00:20:08.940 --> 00:20:10.370 align:start position:0% x after 00:20:10.370 --> 00:20:12.919 align:start position:0% x 00:20:10.380 --> 00:20:12.919 align:start position:0% x sorry 00:20:13.130 --> 00:20:13.130 align:start position:0% x 00:20:13.140 --> 00:20:15.409 align:start position:0% x so<00:20:13.679><c> that</c><00:20:13.980><c> becoming</c><00:20:14.460><c> the</c><00:20:14.580><c> basis</c><00:20:14.940><c> of</c><00:20:15.120><c> the</c><00:20:15.299><c> modern</c> 00:20:15.409 --> 00:20:17.700 align:start position:0% x 00:20:15.419 --> 00:20:17.690 align:start position:0% x Financial<00:20:15.780><c> system</c><00:20:16.200><c> right</c><00:20:16.440><c> Fiat</c><00:20:16.980><c> money</c><00:20:17.159><c> there</c> 00:20:17.690 --> 00:20:19.020 align:start position:0% x 00:20:17.700 --> 00:20:19.010 align:start position:0% x are<00:20:17.880><c> credits</c><00:20:18.240><c> and</c><00:20:18.299><c> debits</c><00:20:18.659><c> sitting</c><00:20:18.900><c> inside</c> 00:20:19.010 --> 00:20:21.179 align:start position:0% x 00:20:19.020 --> 00:20:21.169 align:start position:0% x bank<00:20:19.440><c> accounts</c><00:20:19.919><c> all</c><00:20:20.039><c> over</c><00:20:20.220><c> the</c><00:20:20.400><c> world</c><00:20:20.520><c> and</c> 00:20:21.169 --> 00:20:23.820 align:start position:0% x 00:20:21.179 --> 00:20:23.810 align:start position:0% x they<00:20:21.419><c> have</c><00:20:21.600><c> value-wise</c><00:20:22.380><c> because</c><00:20:23.220><c> the</c><00:20:23.700><c> system</c> 00:20:23.810 --> 00:20:25.799 align:start position:0% x 00:20:23.820 --> 00:20:25.789 align:start position:0% x says<00:20:24.299><c> it</c><00:20:24.360><c> does</c><00:20:24.480><c> the</c><00:20:24.900><c> governments</c><00:20:25.320><c> the</c><00:20:25.500><c> ones</c><00:20:25.679><c> in</c> 00:20:25.789 --> 00:20:28.320 align:start position:0% x 00:20:25.799 --> 00:20:28.310 align:start position:0% x Authority<00:20:26.220><c> say</c><00:20:26.580><c> it</c><00:20:26.820><c> does</c><00:20:27.000><c> the</c><00:20:27.780><c> incident</c><00:20:28.080><c> that</c> 00:20:28.310 --> 00:20:30.659 align:start position:0% x 00:20:28.320 --> 00:20:30.649 align:start position:0% x they<00:20:28.440><c> say</c><00:20:28.679><c> in</c><00:20:28.799><c> 18</c><00:20:28.980><c> credit</c><00:20:29.700><c> stack</c><00:20:30.120><c> that's</c><00:20:30.480><c> not</c> 00:20:30.649 --> 00:20:33.419 align:start position:0% x 00:20:30.659 --> 00:20:33.409 align:start position:0% x worth<00:20:30.840><c> anything</c><00:20:31.080><c> anymore</c><00:20:31.700><c> then</c><00:20:32.700><c> all</c><00:20:33.179><c> of</c><00:20:33.299><c> a</c> 00:20:33.409 --> 00:20:36.419 align:start position:0% x 00:20:33.419 --> 00:20:36.409 align:start position:0% x sudden<00:20:33.539><c> it's</c><00:20:34.200><c> we're</c><00:20:34.559><c> Zero</c><00:20:35.039><c> Effect</c><00:20:35.700><c> afterwards</c> 00:20:36.409 --> 00:20:38.159 align:start position:0% x 00:20:36.419 --> 00:20:38.149 align:start position:0% x you<00:20:36.600><c> should</c><00:20:36.780><c> go</c><00:20:36.960><c> and</c><00:20:37.080><c> see</c><00:20:37.200><c> uh</c><00:20:37.440><c> brother</c><00:20:37.679><c> Ronnie</c> 00:20:38.149 --> 00:20:39.960 align:start position:0% x 00:20:38.159 --> 00:20:39.950 align:start position:0% x showed<00:20:38.400><c> me</c><00:20:38.460><c> something</c><00:20:38.640><c> just</c><00:20:38.880><c> before</c><00:20:39.059><c> but</c><00:20:39.720><c> he's</c> 00:20:39.950 --> 00:20:42.059 align:start position:0% x 00:20:39.960 --> 00:20:42.049 align:start position:0% x got<00:20:40.140><c> a</c><00:20:40.440><c> a</c><00:20:40.860><c> neat</c> 00:20:42.049 --> 00:20:44.580 align:start position:0% x 00:20:42.059 --> 00:20:44.570 align:start position:0% x 18<00:20:42.539><c> trillion</c><00:20:43.140><c> dollars</c><00:20:43.380><c> as</c><00:20:43.620><c> a</c><00:20:43.799><c> Zimbabwean</c> 00:20:44.570 --> 00:20:47.280 align:start position:0% x 00:20:44.580 --> 00:20:47.270 align:start position:0% x dollar<00:20:44.760><c> note</c><00:20:45.419><c> 10</c><00:20:46.080><c> trillion</c><00:20:46.620><c> dollars</c><00:20:47.159><c> in</c> 00:20:47.270 --> 00:20:49.140 align:start position:0% x 00:20:47.280 --> 00:20:49.130 align:start position:0% x Barbarian<00:20:47.760><c> that's</c><00:20:48.360><c> what</c><00:20:48.480><c> happens</c><00:20:48.659><c> when</c><00:20:48.960><c> a</c> 00:20:49.130 --> 00:20:50.880 align:start position:0% x 00:20:49.140 --> 00:20:50.870 align:start position:0% x government<00:20:49.200><c> suddenly</c><00:20:49.740><c> says</c><00:20:50.100><c> that's</c><00:20:50.640><c> not</c> 00:20:50.870 --> 00:20:52.020 align:start position:0% x 00:20:50.880 --> 00:20:52.010 align:start position:0% x worth<00:20:51.000><c> anything</c><00:20:51.240><c> anymore</c><00:20:51.539><c> we're</c><00:20:51.840><c> going</c><00:20:51.960><c> to</c> 00:20:52.010 --> 00:20:53.159 align:start position:0% x 00:20:52.020 --> 00:20:53.149 align:start position:0% x start<00:20:52.140><c> putting</c><00:20:52.440><c> lots</c><00:20:52.679><c> of</c><00:20:52.740><c> it</c><00:20:52.860><c> but</c><00:20:52.980><c> that's</c> 00:20:53.149 --> 00:20:54.960 align:start position:0% x 00:20:53.159 --> 00:20:54.950 align:start position:0% x another<00:20:53.340><c> story</c><00:20:53.700><c> fascinating</c><00:20:54.480><c> gonna</c><00:20:54.720><c> have</c><00:20:54.840><c> a</c> 00:20:54.950 --> 00:20:56.280 align:start position:0% x 00:20:54.960 --> 00:20:56.270 align:start position:0% x look<00:20:55.020><c> at</c><00:20:55.140><c> afterwards</c> 00:20:56.270 --> 00:20:58.799 align:start position:0% x 00:20:56.280 --> 00:20:58.789 align:start position:0% x so<00:20:56.700><c> that's</c><00:20:57.000><c> Fiat</c><00:20:57.480><c> money</c><00:20:57.659><c> that's</c><00:20:58.440><c> the</c><00:20:58.620><c> thing</c> 00:20:58.789 --> 00:21:01.020 align:start position:0% x 00:20:58.799 --> 00:21:01.010 align:start position:0% x that<00:20:58.980><c> underpins</c><00:20:59.520><c> the</c><00:20:59.760><c> financial</c><00:20:59.940><c> system</c><00:21:00.480><c> and</c> 00:21:01.010 --> 00:21:03.059 align:start position:0% x 00:21:01.020 --> 00:21:03.049 align:start position:0% x how<00:21:01.200><c> we</c><00:21:01.380><c> operate</c><00:21:01.740><c> our</c><00:21:01.980><c> lift</c><00:21:02.340><c> plus</c><00:21:02.460><c> cards</c><00:21:02.940><c> our</c> 00:21:03.049 --> 00:21:04.740 align:start position:0% x 00:21:03.059 --> 00:21:04.730 align:start position:0% x debits<00:21:03.480><c> and</c><00:21:03.539><c> credits</c><00:21:03.840><c> and</c><00:21:03.960><c> all</c><00:21:04.080><c> that</c><00:21:04.260><c> that's</c> 00:21:04.730 --> 00:21:06.900 align:start position:0% x 00:21:04.740 --> 00:21:06.890 align:start position:0% x how<00:21:04.919><c> it's</c><00:21:05.100><c> operating</c><00:21:05.520><c> now</c><00:21:06.120><c> of</c><00:21:06.299><c> course</c><00:21:06.419><c> the</c><00:21:06.780><c> key</c> 00:21:06.890 --> 00:21:08.220 align:start position:0% x 00:21:06.900 --> 00:21:08.210 align:start position:0% x thing<00:21:07.140><c> is</c> 00:21:08.210 --> 00:21:11.159 align:start position:0% x 00:21:08.220 --> 00:21:11.149 align:start position:0% x the<00:21:08.820><c> whole</c><00:21:08.940><c> system</c><00:21:09.240><c> works</c> 00:21:11.149 --> 00:21:14.460 align:start position:0% x 00:21:11.159 --> 00:21:14.450 align:start position:0% x as<00:21:11.940><c> long</c><00:21:12.179><c> as</c><00:21:12.360><c> everyone</c><00:21:12.780><c> has</c><00:21:13.140><c> confidence</c><00:21:13.500><c> in</c><00:21:13.740><c> it</c> 00:21:14.450 --> 00:21:17.159 align:start position:0% x 00:21:14.460 --> 00:21:17.149 align:start position:0% x the<00:21:15.360><c> second</c><00:21:15.600><c> people</c><00:21:16.140><c> start</c><00:21:16.620><c> to</c><00:21:16.860><c> lack</c> 00:21:17.149 --> 00:21:19.260 align:start position:0% x 00:21:17.159 --> 00:21:19.250 align:start position:0% x confidence<00:21:17.520><c> in</c><00:21:17.880><c> the</c><00:21:18.000><c> system</c><00:21:18.179><c> that</c><00:21:18.840><c> that</c><00:21:19.020><c> 10</c> 00:21:19.250 --> 00:21:21.299 align:start position:0% x 00:21:19.260 --> 00:21:21.289 align:start position:0% x credit<00:21:19.799><c> my</c><00:21:20.100><c> statements</c><00:21:20.640><c> not</c><00:21:20.760><c> worth</c><00:21:20.940><c> ten</c> 00:21:21.289 --> 00:21:22.860 align:start position:0% x 00:21:21.299 --> 00:21:22.850 align:start position:0% x dollars<00:21:21.480><c> anymore</c><00:21:21.720><c> because</c><00:21:22.080><c> it's</c><00:21:22.320><c> in</c><00:21:22.500><c> burst</c> 00:21:22.850 --> 00:21:24.480 align:start position:0% x 00:21:22.860 --> 00:21:24.470 align:start position:0% x stands<00:21:23.220><c> and</c><00:21:23.340><c> they're</c><00:21:23.460><c> about</c><00:21:23.580><c> to</c><00:21:23.820><c> go</c><00:21:23.940><c> bankrupt</c> 00:21:24.470 --> 00:21:26.039 align:start position:0% x 00:21:24.480 --> 00:21:26.029 align:start position:0% x guess<00:21:24.900><c> what</c><00:21:25.140><c> happens</c><00:21:25.260><c> to</c><00:21:25.559><c> the</c><00:21:25.679><c> whole</c><00:21:25.799><c> system</c> 00:21:26.029 --> 00:21:28.559 align:start position:0% x 00:21:26.039 --> 00:21:28.549 align:start position:0% x it<00:21:26.880><c> all</c><00:21:27.000><c> comes</c><00:21:27.299><c> to</c><00:21:27.419><c> screaming</c><00:21:27.840><c> hole</c><00:21:28.260><c> because</c> 00:21:28.549 --> 00:21:30.659 align:start position:0% x 00:21:28.559 --> 00:21:30.649 align:start position:0% x no<00:21:28.860><c> one</c><00:21:28.980><c> now</c><00:21:29.220><c> will</c><00:21:29.460><c> trust</c><00:21:29.820><c> any</c><00:21:30.179><c> of</c><00:21:30.419><c> these</c> 00:21:30.649 --> 00:21:32.340 align:start position:0% x 00:21:30.659 --> 00:21:32.330 align:start position:0% x credits<00:21:31.080><c> sitting</c><00:21:31.320><c> in</c><00:21:31.500><c> any</c><00:21:31.679><c> of</c><00:21:31.860><c> the</c><00:21:32.039><c> accounts</c> 00:21:32.330 --> 00:21:34.559 align:start position:0% x 00:21:32.340 --> 00:21:34.549 align:start position:0% x it<00:21:32.460><c> only</c><00:21:32.640><c> works</c><00:21:33.000><c> if</c><00:21:33.120><c> everyone</c><00:21:33.299><c> agrees</c><00:21:33.900><c> to</c><00:21:34.080><c> and</c> 00:21:34.549 --> 00:21:36.240 align:start position:0% x 00:21:34.559 --> 00:21:36.230 align:start position:0% x that<00:21:34.799><c> essentially</c><00:21:35.159><c> is</c><00:21:35.460><c> the</c><00:21:35.700><c> crunch</c><00:21:36.000><c> point</c> 00:21:36.230 --> 00:21:37.679 align:start position:0% x 00:21:36.240 --> 00:21:37.669 align:start position:0% x that<00:21:36.480><c> happened</c><00:21:36.659><c> in</c><00:21:36.960><c> the</c><00:21:37.140><c> financial</c><00:21:37.260><c> system</c> 00:21:37.669 --> 00:21:40.799 align:start position:0% x 00:21:37.679 --> 00:21:40.789 align:start position:0% x everyone<00:21:38.159><c> suddenly</c><00:21:38.880><c> lost</c><00:21:39.360><c> confidence</c><00:21:40.080><c> in</c> 00:21:40.789 --> 00:21:43.440 align:start position:0% x 00:21:40.799 --> 00:21:43.430 align:start position:0% x those<00:21:41.039><c> credits</c><00:21:41.580><c> sitting</c><00:21:42.240><c> inside</c><00:21:42.440><c> the</c> 00:21:43.430 --> 00:21:45.780 align:start position:0% x 00:21:43.440 --> 00:21:45.770 align:start position:0% x accounts<00:21:44.159><c> of</c><00:21:44.400><c> everybody</c> 00:21:45.770 --> 00:21:48.480 align:start position:0% x 00:21:45.780 --> 00:21:48.470 align:start position:0% x all<00:21:46.260><c> right</c><00:21:46.320><c> so</c><00:21:46.559><c> that's</c><00:21:46.799><c> money</c><00:21:47.220><c> as</c><00:21:47.880><c> a</c><00:21:48.179><c> basic</c> 00:21:48.470 --> 00:21:50.880 align:start position:0% x 00:21:48.480 --> 00:21:50.870 align:start position:0% x concert<00:21:48.720><c> and</c><00:21:49.020><c> how</c><00:21:49.260><c> it</c><00:21:49.440><c> generally</c><00:21:49.860><c> operates</c> 00:21:50.870 --> 00:21:52.860 align:start position:0% x 00:21:50.880 --> 00:21:52.850 align:start position:0% x a<00:21:51.120><c> few</c><00:21:51.299><c> simplifications</c><00:21:52.020><c> are</c><00:21:52.320><c> there</c><00:21:52.500><c> but</c><00:21:52.740><c> not</c> 00:21:52.850 --> 00:21:55.380 align:start position:0% x 00:21:52.860 --> 00:21:55.370 align:start position:0% x not<00:21:53.039><c> much</c><00:21:53.340><c> as</c><00:21:53.640><c> a</c><00:21:53.820><c> general</c><00:21:54.000><c> principle</c><00:21:55.020><c> all</c> 00:21:55.370 --> 00:21:59.100 align:start position:0% x 00:21:55.380 --> 00:21:59.090 align:start position:0% x right so<00:21:55.620><c> let's</c><00:21:55.860><c> wasn't</c><00:21:56.340><c> too</c><00:21:56.580><c> hard</c><00:21:56.760><c> was</c><00:21:57.000><c> it</c> 00:21:59.090 --> 00:22:00.299 align:start position:0% x 00:21:59.100 --> 00:22:00.289 align:start position:0% x so 00:22:00.289 --> 00:22:03.600 align:start position:0% x 00:22:00.299 --> 00:22:03.590 align:start position:0% x let's<00:22:00.840><c> have</c><00:22:01.020><c> a</c><00:22:01.140><c> look</c><00:22:01.260><c> at</c> 00:22:03.590 --> 00:22:06.179 align:start position:0% x 00:22:03.600 --> 00:22:06.169 align:start position:0% x the<00:22:04.080><c> law</c><00:22:04.260><c> of</c><00:22:04.440><c> supply</c><00:22:04.679><c> and</c><00:22:04.980><c> demand</c><00:22:05.400><c> this</c><00:22:05.820><c> is</c><00:22:05.940><c> the</c> 00:22:06.169 --> 00:22:09.419 align:start position:0% x 00:22:06.179 --> 00:22:09.409 align:start position:0% x next<00:22:06.299><c> key</c><00:22:06.539><c> concept</c><00:22:06.900><c> we've</c><00:22:07.140><c> got</c><00:22:07.200><c> to</c><00:22:07.320><c> know</c><00:22:07.440><c> about</c> 00:22:09.409 --> 00:22:11.700 align:start position:0% x 00:22:09.419 --> 00:22:11.690 align:start position:0% x what<00:22:10.020><c> if</c> 00:22:11.690 --> 00:22:13.440 align:start position:0% x 00:22:11.700 --> 00:22:13.430 align:start position:0% x all<00:22:12.059><c> right</c><00:22:12.120><c> let's</c><00:22:12.360><c> say</c><00:22:12.600><c> let's</c><00:22:12.960><c> just</c><00:22:13.080><c> anchor</c> 00:22:13.430 --> 00:22:15.659 align:start position:0% x 00:22:13.440 --> 00:22:15.649 align:start position:0% x ourselves<00:22:13.740><c> back</c><00:22:13.980><c> on</c><00:22:14.159><c> that</c><00:22:14.340><c> model</c><00:22:14.520><c> we've</c><00:22:15.360><c> got</c><00:22:15.419><c> a</c> 00:22:15.649 --> 00:22:18.780 align:start position:0% x 00:22:15.659 --> 00:22:18.770 align:start position:0% x fisherman<00:22:16.020><c> expert</c><00:22:16.799><c> fisherman</c><00:22:17.240><c> grain</c><00:22:18.240><c> we've</c> 00:22:18.770 --> 00:22:20.340 align:start position:0% x 00:22:18.780 --> 00:22:20.330 align:start position:0% x got<00:22:18.900><c> gold</c><00:22:19.200><c> we've</c><00:22:19.620><c> got</c><00:22:19.679><c> an</c><00:22:19.740><c> exchange</c><00:22:20.100><c> rate</c> 00:22:20.330 --> 00:22:22.080 align:start position:0% x 00:22:20.340 --> 00:22:22.070 align:start position:0% x going<00:22:20.700><c> through</c><00:22:20.940><c> this</c><00:22:21.179><c> Fiat</c><00:22:21.539><c> money</c><00:22:21.720><c> of</c><00:22:21.960><c> course</c> 00:22:22.070 --> 00:22:24.840 align:start position:0% x 00:22:22.080 --> 00:22:24.830 align:start position:0% x behind<00:22:22.440><c> that</c><00:22:22.559><c> money</c><00:22:22.740><c> uh</c><00:22:23.280><c> credits</c><00:22:24.059><c> and</c><00:22:24.659><c> so</c> 00:22:24.830 --> 00:22:27.480 align:start position:0% x 00:22:24.840 --> 00:22:27.470 align:start position:0% x forth<00:22:25.140><c> and</c><00:22:25.559><c> debits</c><00:22:26.100><c> and</c><00:22:26.159><c> bank</c><00:22:26.340><c> accounts</c><00:22:26.760><c> and</c> 00:22:27.470 --> 00:22:30.059 align:start position:0% x 00:22:27.480 --> 00:22:30.049 align:start position:0% x we've<00:22:27.840><c> got</c><00:22:27.960><c> this</c><00:22:28.260><c> process</c><00:22:28.679><c> operating</c><00:22:29.220><c> what</c> 00:22:30.049 --> 00:22:32.760 align:start position:0% x 00:22:30.059 --> 00:22:32.750 align:start position:0% x happens<00:22:30.299><c> though</c><00:22:30.780><c> if</c> 00:22:32.750 --> 00:22:34.980 align:start position:0% x 00:22:32.760 --> 00:22:34.970 align:start position:0% x the<00:22:33.480><c> Sun</c><00:22:33.659><c> goes</c><00:22:34.020><c> fishing</c> 00:22:34.970 --> 00:22:37.799 align:start position:0% x 00:22:34.980 --> 00:22:37.789 align:start position:0% x and<00:22:35.460><c> he</c><00:22:35.580><c> catches</c><00:22:36.000><c> twice</c><00:22:36.720><c> as</c><00:22:36.960><c> many</c><00:22:37.200><c> fish</c><00:22:37.440><c> that</c> 00:22:37.789 --> 00:22:40.380 align:start position:0% x 00:22:37.799 --> 00:22:40.370 align:start position:0% x go<00:22:37.980><c> into</c><00:22:38.100><c> the</c><00:22:38.340><c> system</c><00:22:38.520><c> what</c><00:22:39.419><c> happens</c><00:22:39.659><c> to</c><00:22:40.200><c> the</c> 00:22:40.370 --> 00:22:42.000 align:start position:0% x 00:22:40.380 --> 00:22:41.990 align:start position:0% x value<00:22:40.559><c> of</c><00:22:40.919><c> fish</c> 00:22:41.990 --> 00:22:43.980 align:start position:0% x 00:22:42.000 --> 00:22:43.970 align:start position:0% x here's<00:22:42.600><c> a</c><00:22:42.659><c> hard</c><00:22:42.840><c> question</c> 00:22:43.970 --> 00:22:46.320 align:start position:0% x 00:22:43.980 --> 00:22:46.310 align:start position:0% x twice<00:22:44.580><c> as</c><00:22:44.700><c> many</c><00:22:44.940><c> fish</c><00:22:45.240><c> now</c><00:22:45.539><c> standing</c><00:22:46.080><c> in</c><00:22:46.200><c> a</c> 00:22:46.310 --> 00:22:48.059 align:start position:0% x 00:22:46.320 --> 00:22:48.049 align:start position:0% x system<00:22:46.500><c> because</c><00:22:46.860><c> a</c><00:22:47.159><c> better</c><00:22:47.280><c> fisherman</c><00:22:47.640><c> comes</c> 00:22:48.049 --> 00:22:49.140 align:start position:0% x 00:22:48.059 --> 00:22:49.130 align:start position:0% x along 00:22:49.130 --> 00:22:52.080 align:start position:0% x 00:22:49.140 --> 00:22:52.070 align:start position:0% x the value<00:22:49.620><c> of</c><00:22:49.919><c> fish</c><00:22:50.100><c> begins</c><00:22:50.640><c> to</c> 00:22:52.070 --> 00:22:55.559 align:start position:0% x 00:22:52.080 --> 00:22:55.549 align:start position:0% x oh<00:22:52.500><c> well</c><00:22:52.799><c> done</c><00:22:52.980><c> goes</c><00:22:53.520><c> down</c> 00:22:55.549 --> 00:22:57.780 align:start position:0% x 00:22:55.559 --> 00:22:57.770 align:start position:0% x what<00:22:56.159><c> if</c> 00:22:57.770 --> 00:23:00.059 align:start position:0% x 00:22:57.780 --> 00:23:00.049 align:start position:0% x the<00:22:58.260><c> price</c><00:22:58.380><c> of</c><00:22:58.679><c> grain</c><00:22:59.100><c> what</c><00:22:59.460><c> happens</c><00:22:59.640><c> to</c><00:22:59.880><c> the</c> 00:23:00.049 --> 00:23:02.039 align:start position:0% x 00:23:00.059 --> 00:23:02.029 align:start position:0% x price<00:23:00.120><c> of</c><00:23:00.360><c> grain</c><00:23:00.659><c> if</c><00:23:01.080><c> there's</c><00:23:01.260><c> no</c><00:23:01.500><c> rain</c><00:23:01.679><c> in</c><00:23:01.919><c> the</c> 00:23:02.029 --> 00:23:03.659 align:start position:0% x 00:23:02.039 --> 00:23:03.649 align:start position:0% x grain<00:23:02.340><c> doesn't</c><00:23:02.520><c> grow</c> 00:23:03.649 --> 00:23:05.880 align:start position:0% x 00:23:03.659 --> 00:23:05.870 align:start position:0% x guys<00:23:04.200><c> ah</c><00:23:04.620><c> we're</c><00:23:04.799><c> on</c><00:23:05.159><c> to</c><00:23:05.280><c> it</c><00:23:05.400><c> that's</c><00:23:05.520><c> excellent</c> 00:23:05.870 --> 00:23:07.020 align:start position:0% x 00:23:05.880 --> 00:23:07.010 align:start position:0% x so 00:23:07.010 --> 00:23:10.140 align:start position:0% x 00:23:07.020 --> 00:23:10.130 align:start position:0% x That's<00:23:07.620><c> the</c><00:23:07.740><c> Law</c><00:23:07.919><c> Supply</c><00:23:08.159><c> demand</c><00:23:08.580><c> simple</c> 00:23:10.130 --> 00:23:11.880 align:start position:0% x 00:23:10.140 --> 00:23:11.870 align:start position:0% x and<00:23:10.440><c> all</c><00:23:10.679><c> that</c><00:23:10.860><c> happens</c><00:23:11.100><c> is</c><00:23:11.280><c> into</c><00:23:11.520><c> the</c><00:23:11.760><c> system</c> 00:23:11.870 --> 00:23:14.100 align:start position:0% x 00:23:11.880 --> 00:23:14.090 align:start position:0% x so<00:23:12.179><c> stuff</c><00:23:12.419><c> goes</c><00:23:12.720><c> up</c><00:23:12.900><c> and</c><00:23:13.020><c> down</c><00:23:13.200><c> in</c><00:23:13.620><c> value</c><00:23:13.860><c> and</c> 00:23:14.090 --> 00:23:15.840 align:start position:0% x 00:23:14.100 --> 00:23:15.830 align:start position:0% x sitting<00:23:14.340><c> at</c><00:23:14.400><c> minerals</c><00:23:14.820><c> it's</c><00:23:15.059><c> just</c><00:23:15.240><c> Fiat</c><00:23:15.720><c> money</c> 00:23:15.830 --> 00:23:17.960 align:start position:0% x 00:23:15.840 --> 00:23:17.950 align:start position:0% x it's<00:23:16.140><c> just</c><00:23:16.260><c> the</c><00:23:16.440><c> ration</c><00:23:16.620><c> of</c><00:23:16.860><c> it</c><00:23:16.980><c> ratio</c><00:23:17.400><c> system</c> 00:23:17.950 --> 00:23:20.039 align:start position:0% x 00:23:17.960 --> 00:23:20.029 align:start position:0% x controlling<00:23:18.960><c> the</c><00:23:19.140><c> ratios</c><00:23:19.500><c> the</c><00:23:19.679><c> goods</c><00:23:19.919><c> and</c> 00:23:20.029 --> 00:23:21.900 align:start position:0% x 00:23:20.039 --> 00:23:21.890 align:start position:0% x services<00:23:20.280><c> around</c><00:23:20.640><c> the</c><00:23:20.880><c> economy</c><00:23:21.179><c> what</c><00:23:21.600><c> happens</c> 00:23:21.890 --> 00:23:25.020 align:start position:0% x 00:23:21.900 --> 00:23:25.010 align:start position:0% x if<00:23:22.620><c> the</c><00:23:22.919><c> Spanish</c><00:23:23.220><c> invade</c><00:23:24.000><c> the</c><00:23:24.179><c> Aztec</c><00:23:24.659><c> nickel</c> 00:23:25.010 --> 00:23:28.280 align:start position:0% x 00:23:25.020 --> 00:23:28.280 align:start position:0% x their<00:23:25.200><c> gold</c><00:23:25.440><c> ship</c><00:23:25.740><c> it</c><00:23:25.860><c> back</c><00:23:25.980><c> to</c><00:23:26.159><c> Europe</c> 00:23:28.850 --> 00:23:28.850 align:start position:0% x 00:23:28.860 --> 00:23:30.710 align:start position:0% x what<00:23:29.100><c> happens</c><00:23:29.280><c> the</c><00:23:29.580><c> price</c><00:23:29.700><c> of</c><00:23:29.880><c> everything</c><00:23:30.059><c> in</c> 00:23:30.710 --> 00:23:32.220 align:start position:0% x 00:23:30.720 --> 00:23:32.210 align:start position:0% x terms<00:23:30.960><c> of</c><00:23:31.020><c> gold</c> 00:23:32.210 --> 00:23:34.620 align:start position:0% x 00:23:32.220 --> 00:23:34.610 align:start position:0% x it<00:23:32.820><c> all</c><00:23:33.000><c> goes</c><00:23:33.360><c> up</c><00:23:33.419><c> right</c><00:23:33.659><c> and</c><00:23:33.900><c> you</c><00:23:34.200><c> know</c><00:23:34.260><c> this</c> 00:23:34.610 --> 00:23:36.740 align:start position:0% x 00:23:34.620 --> 00:23:36.730 align:start position:0% x actually<00:23:34.860><c> happened</c><00:23:35.159><c> create</c><00:23:35.760><c> a</c><00:23:36.120><c> massive</c> 00:23:36.730 --> 00:23:40.020 align:start position:0% x 00:23:36.740 --> 00:23:40.010 align:start position:0% x Outburst<00:23:37.740><c> inflation</c><00:23:38.280><c> in</c><00:23:38.700><c> Europe</c><00:23:38.880><c> and</c><00:23:39.720><c> a</c> 00:23:40.010 --> 00:23:41.940 align:start position:0% x 00:23:40.020 --> 00:23:41.930 align:start position:0% x massive<00:23:40.260><c> economic</c><00:23:40.679><c> crash</c><00:23:40.980><c> afterwards</c><00:23:41.520><c> right</c> 00:23:41.930 --> 00:23:43.200 align:start position:0% x 00:23:41.940 --> 00:23:43.190 align:start position:0% x so 00:23:43.190 --> 00:23:44.520 align:start position:0% x 00:23:43.200 --> 00:23:44.510 align:start position:0% x um<00:23:43.260><c> I'm</c><00:23:43.620><c> not</c><00:23:43.740><c> sure</c><00:23:43.860><c> what</c><00:23:44.039><c> happened</c><00:23:44.220><c> on</c><00:23:44.400><c> the</c> 00:23:44.510 --> 00:23:45.720 align:start position:0% x 00:23:44.520 --> 00:23:45.710 align:start position:0% x other<00:23:44.640><c> end</c><00:23:44.820><c> it</c><00:23:45.000><c> probably</c><00:23:45.179><c> would</c><00:23:45.360><c> have</c><00:23:45.480><c> created</c> 00:23:45.710 --> 00:23:47.340 align:start position:0% x 00:23:45.720 --> 00:23:47.330 align:start position:0% x massive<00:23:46.080><c> deflation</c><00:23:46.559><c> because</c><00:23:46.799><c> they</c><00:23:46.980><c> took</c><00:23:47.100><c> all</c> 00:23:47.330 --> 00:23:48.659 align:start position:0% x 00:23:47.340 --> 00:23:48.649 align:start position:0% x their<00:23:47.520><c> fit</c><00:23:47.760><c> money</c><00:23:47.940><c> out</c><00:23:48.120><c> of</c><00:23:48.240><c> the</c><00:23:48.299><c> way</c><00:23:48.419><c> the</c><00:23:48.539><c> thing</c> 00:23:48.649 --> 00:23:50.460 align:start position:0% x 00:23:48.659 --> 00:23:50.450 align:start position:0% x underpinning<00:23:49.080><c> system</c><00:23:49.380><c> right</c><00:23:49.860><c> so</c><00:23:50.100><c> that's</c><00:23:50.279><c> what</c> 00:23:50.450 --> 00:23:53.220 align:start position:0% x 00:23:50.460 --> 00:23:53.210 align:start position:0% x happens<00:23:50.640><c> in</c><00:23:51.000><c> the</c><00:23:51.179><c> law</c><00:23:51.299><c> of</c><00:23:51.840><c> supply</c><00:23:52.080><c> and</c><00:23:52.380><c> demand</c> 00:23:53.210 --> 00:23:55.559 align:start position:0% x 00:23:53.220 --> 00:23:55.549 align:start position:0% x what<00:23:53.880><c> happens</c><00:23:54.120><c> to</c><00:23:54.480><c> the</c><00:23:54.659><c> value</c><00:23:54.840><c> of</c><00:23:55.080><c> that</c><00:23:55.320><c> stuff</c> 00:23:55.549 --> 00:23:57.659 align:start position:0% x 00:23:55.559 --> 00:23:57.649 align:start position:0% x in<00:23:55.799><c> the</c><00:23:55.919><c> middle</c><00:23:56.039><c> if</c><00:23:56.760><c> the</c><00:23:56.940><c> Federal</c><00:23:57.059><c> Reserve</c> 00:23:57.649 --> 00:24:00.059 align:start position:0% x 00:23:57.659 --> 00:24:00.049 align:start position:0% x starts<00:23:57.960><c> printing</c><00:23:58.380><c> lots</c><00:23:59.159><c> and</c><00:23:59.220><c> lots</c><00:23:59.580><c> more</c><00:23:59.700><c> of</c><00:23:59.940><c> it</c> 00:24:00.049 --> 00:24:01.620 align:start position:0% x 00:24:00.059 --> 00:24:01.610 align:start position:0% x oh<00:24:00.179><c> I've</c><00:24:00.419><c> put</c><00:24:00.600><c> plastic</c><00:24:00.900><c> it's</c><00:24:01.200><c> Australian</c> 00:24:01.610 --> 00:24:03.720 align:start position:0% x 00:24:01.620 --> 00:24:03.710 align:start position:0% x again<00:24:01.740><c> sorry</c><00:24:02.039><c> paper</c> 00:24:03.710 --> 00:24:07.260 align:start position:0% x 00:24:03.720 --> 00:24:07.250 align:start position:0% x bills<00:24:04.620><c> what</c><00:24:05.039><c> happens</c><00:24:05.220><c> to</c><00:24:05.580><c> the</c><00:24:05.820><c> value</c><00:24:06.059><c> of</c><00:24:06.539><c> that</c> 00:24:07.250 --> 00:24:08.880 align:start position:0% x 00:24:07.260 --> 00:24:08.870 align:start position:0% x it<00:24:07.740><c> drops</c><00:24:08.159><c> and</c><00:24:08.340><c> therefore</c><00:24:08.580><c> the</c><00:24:08.760><c> prices</c> 00:24:08.870 --> 00:24:10.620 align:start position:0% x 00:24:08.880 --> 00:24:10.610 align:start position:0% x everything<00:24:09.360><c> goes</c><00:24:09.779><c> up</c><00:24:09.900><c> and</c><00:24:10.080><c> we</c><00:24:10.260><c> call</c><00:24:10.380><c> that</c> 00:24:10.610 --> 00:24:13.440 align:start position:0% x 00:24:10.620 --> 00:24:13.430 align:start position:0% x inflation<00:24:11.520><c> all</c><00:24:12.240><c> right</c><00:24:12.299><c> so</c><00:24:12.600><c> inflation's</c> 00:24:13.430 --> 00:24:15.360 align:start position:0% x 00:24:13.440 --> 00:24:15.350 align:start position:0% x caused<00:24:13.799><c> by</c><00:24:13.980><c> creating</c><00:24:14.279><c> too</c><00:24:14.640><c> much</c><00:24:14.760><c> of</c><00:24:14.940><c> the</c><00:24:15.120><c> stuff</c> 00:24:15.350 --> 00:24:17.640 align:start position:0% x 00:24:15.360 --> 00:24:17.630 align:start position:0% x in<00:24:15.900><c> the</c><00:24:16.020><c> middle</c><00:24:16.140><c> in</c><00:24:16.740><c> deflation</c><00:24:17.279><c> by</c> 00:24:17.630 --> 00:24:20.220 align:start position:0% x 00:24:17.640 --> 00:24:20.210 align:start position:0% x destruction<00:24:17.940><c> of</c><00:24:18.299><c> a</c><00:24:18.480><c> in</c><00:24:18.720><c> a</c><00:24:18.960><c> course</c><00:24:19.140><c> nowadays</c><00:24:19.980><c> we</c> 00:24:20.210 --> 00:24:21.720 align:start position:0% x 00:24:20.220 --> 00:24:21.710 align:start position:0% x don't<00:24:20.340><c> need</c><00:24:20.580><c> that</c><00:24:20.820><c> folding</c><00:24:21.240><c> stuff</c><00:24:21.419><c> in</c><00:24:21.600><c> the</c> 00:24:21.710 --> 00:24:22.620 align:start position:0% x 00:24:21.720 --> 00:24:22.610 align:start position:0% x middle 00:24:22.610 --> 00:24:24.419 align:start position:0% x 00:24:22.620 --> 00:24:24.409 align:start position:0% x all<00:24:23.159><c> it</c><00:24:23.400><c> is</c> 00:24:24.409 --> 00:24:26.520 align:start position:0% x 00:24:24.419 --> 00:24:26.510 align:start position:0% x is<00:24:24.960><c> what's</c><00:24:25.260><c> happening</c><00:24:25.559><c> in</c><00:24:25.740><c> people's</c><00:24:26.100><c> Banker</c> 00:24:26.510 --> 00:24:28.860 align:start position:0% x 00:24:26.520 --> 00:24:28.850 align:start position:0% x statements<00:24:27.000><c> so</c><00:24:27.179><c> what</c><00:24:27.720><c> they</c><00:24:28.080><c> do</c><00:24:28.260><c> now</c><00:24:28.500><c> is</c><00:24:28.740><c> they</c> 00:24:28.850 --> 00:24:30.720 align:start position:0% x 00:24:28.860 --> 00:24:30.710 align:start position:0% x don't<00:24:29.039><c> need</c><00:24:29.220><c> to</c><00:24:29.279><c> print</c><00:24:29.460><c> the</c><00:24:29.640><c> folding</c><00:24:30.059><c> stuff</c><00:24:30.240><c> is</c> 00:24:30.710 --> 00:24:33.600 align:start position:0% x 00:24:30.720 --> 00:24:33.590 align:start position:0% x simply<00:24:31.080><c> inject</c><00:24:31.500><c> money</c><00:24:31.799><c> into</c><00:24:32.400><c> people's</c><00:24:33.000><c> bank</c> 00:24:33.590 --> 00:24:35.159 align:start position:0% x 00:24:33.600 --> 00:24:35.149 align:start position:0% x accounts<00:24:34.020><c> it's</c><00:24:34.140><c> called</c><00:24:34.380><c> increasing</c><00:24:34.860><c> money</c> 00:24:35.149 --> 00:24:37.980 align:start position:0% x 00:24:35.159 --> 00:24:37.970 align:start position:0% x supply<00:24:35.460><c> and</c><00:24:36.240><c> they</c><00:24:36.419><c> do</c><00:24:36.600><c> that</c><00:24:36.779><c> by</c><00:24:37.260><c> decreasing</c> 00:24:37.970 --> 00:24:39.900 align:start position:0% x 00:24:37.980 --> 00:24:39.890 align:start position:0% x taxes<00:24:38.520><c> or</c><00:24:38.820><c> creating</c><00:24:39.120><c> infrastructure</c> 00:24:39.890 --> 00:24:42.120 align:start position:0% x 00:24:39.900 --> 00:24:42.110 align:start position:0% x projects<00:24:40.500><c> or</c><00:24:40.740><c> social</c><00:24:40.980><c> welfare</c><00:24:41.460><c> payments</c><00:24:41.940><c> or</c> 00:24:42.110 --> 00:24:43.679 align:start position:0% x 00:24:42.120 --> 00:24:43.669 align:start position:0% x putting<00:24:42.419><c> payments</c><00:24:42.720><c> into</c><00:24:42.840><c> people's</c><00:24:43.320><c> accounts</c> 00:24:43.669 --> 00:24:45.779 align:start position:0% x 00:24:43.679 --> 00:24:45.769 align:start position:0% x without<00:24:43.799><c> neutralizing</c><00:24:44.580><c> it</c><00:24:44.760><c> right</c><00:24:45.120><c> so</c><00:24:45.659><c> that's</c> 00:24:45.769 --> 00:24:47.820 align:start position:0% x 00:24:45.779 --> 00:24:47.810 align:start position:0% x it<00:24:45.960><c> very</c><00:24:46.200><c> simple</c><00:24:46.320><c> that's</c><00:24:46.740><c> how</c><00:24:46.919><c> the</c><00:24:47.460><c> money</c><00:24:47.580><c> go</c> 00:24:47.810 --> 00:24:51.000 align:start position:0% x 00:24:47.820 --> 00:24:50.990 align:start position:0% x around<00:24:48.000><c> operates</c><00:24:48.720><c> in</c><00:24:49.380><c> works</c><00:24:50.340><c> and</c><00:24:50.820><c> what</c> 00:24:50.990 --> 00:24:52.620 align:start position:0% x 00:24:51.000 --> 00:24:52.610 align:start position:0% x happened<00:24:51.240><c> in</c><00:24:51.419><c> the</c><00:24:51.600><c> financial</c><00:24:51.720><c> crisis</c><00:24:52.380><c> of</c> 00:24:52.610 --> 00:24:55.320 align:start position:0% x 00:24:52.620 --> 00:24:55.310 align:start position:0% x course<00:24:52.799><c> is</c><00:24:53.520><c> this</c><00:24:53.820><c> there</c><00:24:54.360><c> was</c><00:24:54.539><c> a</c><00:24:54.720><c> crisis</c><00:24:55.080><c> of</c> 00:24:55.310 --> 00:24:57.360 align:start position:0% x 00:24:55.320 --> 00:24:57.350 align:start position:0% x confidence<00:24:55.679><c> in</c><00:24:56.100><c> this</c><00:24:56.279><c> middle</c><00:24:56.460><c> thing</c><00:24:56.760><c> here</c><00:24:57.000><c> no</c> 00:24:57.350 --> 00:24:59.159 align:start position:0% x 00:24:57.360 --> 00:24:59.149 align:start position:0% x one<00:24:57.539><c> trusted</c><00:24:57.960><c> it</c><00:24:58.080><c> anymore</c><00:24:58.260><c> so</c><00:24:58.860><c> everyone</c> 00:24:59.149 --> 00:25:00.720 align:start position:0% x 00:24:59.159 --> 00:25:00.710 align:start position:0% x stopped<00:24:59.580><c> trading</c><00:24:59.940><c> with</c><00:25:00.000><c> each</c><00:25:00.240><c> other</c><00:25:00.360><c> around</c> 00:25:00.710 --> 00:25:03.900 align:start position:0% x 00:25:00.720 --> 00:25:03.890 align:start position:0% x the<00:25:01.080><c> entire</c><00:25:01.380><c> globe</c><00:25:01.740><c> and</c><00:25:01.919><c> the</c><00:25:02.039><c> credit</c><00:25:02.159><c> markets</c> 00:25:03.890 --> 00:25:07.320 align:start position:0% x 00:25:03.900 --> 00:25:07.310 align:start position:0% x all<00:25:04.380><c> right</c><00:25:04.440><c> so</c><00:25:04.679><c> that's</c><00:25:05.039><c> the</c><00:25:05.520><c> two</c><00:25:05.700><c> key</c><00:25:05.940><c> Concepts</c> 00:25:07.310 --> 00:25:09.120 align:start position:0% x 00:25:07.320 --> 00:25:09.110 align:start position:0% x let's<00:25:07.860><c> go</c><00:25:08.100><c> on</c><00:25:08.220><c> now</c><00:25:08.340><c> and</c><00:25:08.520><c> have</c><00:25:08.640><c> a</c><00:25:08.760><c> look</c><00:25:08.880><c> at</c><00:25:09.000><c> the</c> 00:25:09.110 --> 00:25:11.880 align:start position:0% x 00:25:09.120 --> 00:25:11.870 align:start position:0% x causes<00:25:09.480><c> well</c><00:25:10.260><c> if</c><00:25:10.500><c> we</c><00:25:10.679><c> go</c><00:25:10.860><c> back</c><00:25:11.039><c> the</c><00:25:11.340><c> actual</c><00:25:11.580><c> you</c> 00:25:11.870 --> 00:25:13.320 align:start position:0% x 00:25:11.880 --> 00:25:13.310 align:start position:0% x know<00:25:12.000><c> there's</c><00:25:12.120><c> a</c><00:25:12.299><c> lot</c><00:25:12.419><c> of</c><00:25:12.539><c> causes</c><00:25:12.900><c> here</c><00:25:13.140><c> and</c> 00:25:13.310 --> 00:25:14.580 align:start position:0% x 00:25:13.320 --> 00:25:14.570 align:start position:0% x and<00:25:13.559><c> there</c><00:25:13.799><c> are</c> 00:25:14.570 --> 00:25:17.220 align:start position:0% x 00:25:14.580 --> 00:25:17.210 align:start position:0% x Reams<00:25:15.419><c> and</c><00:25:15.600><c> reams</c><00:25:15.960><c> of</c><00:25:16.080><c> paper</c><00:25:16.320><c> and</c><00:25:16.559><c> textbooks</c> 00:25:17.210 --> 00:25:19.500 align:start position:0% x 00:25:17.220 --> 00:25:19.490 align:start position:0% x and<00:25:17.580><c> Departments</c><00:25:18.480><c> of</c><00:25:18.659><c> professors</c><00:25:19.260><c> and</c> 00:25:19.490 --> 00:25:21.059 align:start position:0% x 00:25:19.500 --> 00:25:21.049 align:start position:0% x universities<00:25:20.039><c> all</c><00:25:20.279><c> around</c><00:25:20.400><c> the</c><00:25:20.580><c> world</c><00:25:20.700><c> who'll</c> 00:25:21.049 --> 00:25:23.580 align:start position:0% x 00:25:21.059 --> 00:25:23.570 align:start position:0% x paid<00:25:21.360><c> forever</c><00:25:21.720><c> how</c><00:25:22.260><c> and</c><00:25:22.500><c> why</c><00:25:22.620><c> and</c><00:25:22.860><c> what</c><00:25:23.039><c> so</c><00:25:23.279><c> you</c> 00:25:23.570 --> 00:25:25.380 align:start position:0% x 00:25:23.580 --> 00:25:25.370 align:start position:0% x know<00:25:23.640><c> we</c><00:25:23.820><c> can't</c><00:25:24.000><c> hope</c><00:25:24.240><c> to</c><00:25:24.539><c> explain</c><00:25:24.779><c> all</c><00:25:25.140><c> the</c> 00:25:25.370 --> 00:25:27.059 align:start position:0% x 00:25:25.380 --> 00:25:27.049 align:start position:0% x causes<00:25:25.679><c> but</c><00:25:25.860><c> let's</c><00:25:25.980><c> let's</c><00:25:26.220><c> look</c><00:25:26.460><c> at</c><00:25:26.640><c> some</c><00:25:26.820><c> of</c> 00:25:27.049 --> 00:25:29.039 align:start position:0% x 00:25:27.059 --> 00:25:29.029 align:start position:0% x the<00:25:27.299><c> core</c><00:25:27.840><c> rigiding</c><00:25:28.320><c> ones</c><00:25:28.559><c> which</c><00:25:28.860><c> are</c> 00:25:29.029 --> 00:25:31.200 align:start position:0% x 00:25:29.039 --> 00:25:31.190 align:start position:0% x originating<00:25:29.760><c> ones</c><00:25:30.120><c> which</c><00:25:30.360><c> are</c><00:25:30.539><c> pretty</c><00:25:31.020><c> well</c> 00:25:31.190 --> 00:25:34.440 align:start position:0% x 00:25:31.200 --> 00:25:34.430 align:start position:0% x held<00:25:31.620><c> if</c><00:25:32.159><c> you</c><00:25:32.340><c> go</c><00:25:32.460><c> back</c><00:25:32.640><c> to</c><00:25:32.880><c> 2002</c><00:25:33.840><c> you</c><00:25:34.260><c> remember</c> 00:25:34.430 --> 00:25:36.179 align:start position:0% x 00:25:34.440 --> 00:25:36.169 align:start position:0% x a<00:25:34.740><c> thing</c><00:25:34.919><c> called</c><00:25:35.100><c> the</c><00:25:35.340><c> tech</c><00:25:35.460><c> boom</c><00:25:35.880><c> and</c><00:25:36.000><c> bus</c> 00:25:36.169 --> 00:25:38.400 align:start position:0% x 00:25:36.179 --> 00:25:38.390 align:start position:0% x this<00:25:36.419><c> is</c><00:25:36.600><c> where</c><00:25:36.900><c> anybody</c><00:25:37.559><c> who</c><00:25:37.980><c> had</c><00:25:38.100><c> a</c><00:25:38.279><c> computer</c> 00:25:38.390 --> 00:25:40.380 align:start position:0% x 00:25:38.400 --> 00:25:40.370 align:start position:0% x could<00:25:39.299><c> create</c> 00:25:40.370 --> 00:25:42.960 align:start position:0% x 00:25:40.380 --> 00:25:42.950 align:start position:0% x a<00:25:40.799><c> company</c><00:25:41.039><c> and</c><00:25:41.520><c> go</c><00:25:41.700><c> onto</c><00:25:42.000><c> an</c><00:25:42.120><c> IPO</c><00:25:42.480><c> and</c><00:25:42.659><c> become</c> 00:25:42.950 --> 00:25:44.580 align:start position:0% x 00:25:42.960 --> 00:25:44.570 align:start position:0% x a<00:25:43.080><c> multi-millionaire</c><00:25:43.740><c> overnight</c><00:25:44.220><c> because</c> 00:25:44.570 --> 00:25:46.620 align:start position:0% x 00:25:44.580 --> 00:25:46.610 align:start position:0% x they<00:25:44.880><c> were</c><00:25:45.000><c> in</c><00:25:45.179><c> the</c><00:25:45.299><c> tech</c><00:25:45.419><c> Revolution</c><00:25:45.900><c> and</c><00:25:46.440><c> all</c> 00:25:46.610 --> 00:25:49.559 align:start position:0% x 00:25:46.620 --> 00:25:49.549 align:start position:0% x of<00:25:46.740><c> a</c><00:25:46.860><c> sudden</c><00:25:46.980><c> this</c><00:25:47.520><c> this</c><00:25:47.820><c> huge</c><00:25:48.539><c> boom</c><00:25:48.960><c> and</c> 00:25:49.549 --> 00:25:52.559 align:start position:0% x 00:25:49.559 --> 00:25:52.549 align:start position:0% x those<00:25:49.860><c> enormous</c><00:25:50.720><c> increase</c><00:25:51.720><c> in</c><00:25:52.020><c> the</c><00:25:52.140><c> value</c><00:25:52.260><c> the</c> 00:25:52.549 --> 00:25:53.880 align:start position:0% x 00:25:52.559 --> 00:25:53.870 align:start position:0% x stock<00:25:52.679><c> market</c><00:25:52.860><c> could</c><00:25:53.100><c> be</c><00:25:53.279><c> in</c><00:25:53.400><c> the</c><00:25:53.460><c> tech</c><00:25:53.640><c> area</c> 00:25:53.870 --> 00:25:55.320 align:start position:0% x 00:25:53.880 --> 00:25:55.310 align:start position:0% x well<00:25:54.240><c> of</c><00:25:54.419><c> course</c><00:25:54.480><c> it</c><00:25:54.659><c> all</c><00:25:54.779><c> turned</c><00:25:55.080><c> out to</c><00:25:55.260><c> be</c> 00:25:55.310 --> 00:25:58.679 align:start position:0% x 00:25:55.320 --> 00:25:58.669 align:start position:0% x House<00:25:55.919><c> of</c><00:25:56.100><c> Cards</c><00:25:56.400><c> after</c><00:25:56.640><c> all</c><00:25:56.940><c> and</c><00:25:57.419><c> 95</c><00:25:57.960><c> of</c><00:25:58.559><c> all</c> 00:25:58.669 --> 00:26:01.020 align:start position:0% x 00:25:58.679 --> 00:26:01.010 align:start position:0% x the<00:25:58.860><c> tech</c><00:25:59.039><c> companies</c><00:25:59.460><c> all</c><00:25:59.640><c> went</c><00:25:59.880><c> bust</c><00:26:00.240><c> and</c><00:26:00.779><c> the</c> 00:26:01.010 --> 00:26:03.000 align:start position:0% x 00:26:01.020 --> 00:26:02.990 align:start position:0% x survivors<00:26:01.440><c> like</c><00:26:01.679><c> Google</c><00:26:01.980><c> and</c><00:26:02.340><c> Facebook</c><00:26:02.880><c> Etc</c> 00:26:02.990 --> 00:26:04.980 align:start position:0% x 00:26:03.000 --> 00:26:04.970 align:start position:0% x all<00:26:03.360><c> managed</c><00:26:03.720><c> to</c><00:26:03.840><c> survive</c><00:26:04.200><c> but</c><00:26:04.500><c> Facebook</c> 00:26:04.970 --> 00:26:07.260 align:start position:0% x 00:26:04.980 --> 00:26:07.250 align:start position:0% x wasn't<00:26:05.279><c> around</c><00:26:05.520><c> there</c><00:26:05.760><c> but</c><00:26:06.000><c> so</c><00:26:06.900><c> all</c><00:26:07.080><c> those</c> 00:26:07.250 --> 00:26:09.779 align:start position:0% x 00:26:07.260 --> 00:26:09.769 align:start position:0% x major<00:26:07.559><c> survive</c><00:26:08.159><c> survivors</c><00:26:08.880><c> survived</c><00:26:09.360><c> but</c><00:26:09.600><c> if</c> 00:26:09.769 --> 00:26:11.520 align:start position:0% x 00:26:09.779 --> 00:26:11.510 align:start position:0% x we<00:26:09.960><c> go</c><00:26:10.080><c> back</c><00:26:10.260><c> then</c><00:26:10.500><c> what</c><00:26:10.740><c> happened</c><00:26:10.919><c> to</c><00:26:11.220><c> try</c><00:26:11.400><c> and</c> 00:26:11.510 --> 00:26:13.559 align:start position:0% x 00:26:11.520 --> 00:26:13.549 align:start position:0% x get<00:26:11.700><c> over</c><00:26:11.820><c> that</c><00:26:12.120><c> as</c><00:26:12.539><c> the</c><00:26:12.779><c> FED</c><00:26:12.960><c> funds</c><00:26:13.260><c> which</c><00:26:13.440><c> is</c> 00:26:13.549 --> 00:26:15.360 align:start position:0% x 00:26:13.559 --> 00:26:15.350 align:start position:0% x a<00:26:13.740><c> cash</c><00:26:13.799><c> rate</c><00:26:14.039><c> got</c><00:26:14.279><c> dropped</c><00:26:14.700><c> to</c><00:26:15.059><c> almost</c> 00:26:15.350 --> 00:26:17.700 align:start position:0% x 00:26:15.360 --> 00:26:17.690 align:start position:0% x nothing<00:26:15.900><c> to</c><00:26:16.200><c> about</c><00:26:16.380><c> one</c><00:26:16.679><c> percent</c><00:26:16.860><c> back</c><00:26:17.580><c> in</c> 00:26:17.690 --> 00:26:20.220 align:start position:0% x 00:26:17.700 --> 00:26:20.210 align:start position:0% x about<00:26:17.880><c> 2000</c><00:26:18.600><c> to</c><00:26:18.779><c> 2004.</c><00:26:19.620><c> you</c><00:26:19.740><c> borrow</c><00:26:19.919><c> really</c> 00:26:20.210 --> 00:26:21.240 align:start position:0% x 00:26:20.220 --> 00:26:21.230 align:start position:0% x cheap<00:26:20.340><c> money</c> 00:26:21.230 --> 00:26:23.340 align:start position:0% x 00:26:21.240 --> 00:26:23.330 align:start position:0% x a<00:26:21.600><c> complicating</c><00:26:22.080><c> Factory</c><00:26:22.380><c> here</c><00:26:22.740><c> too</c><00:26:22.980><c> as</c><00:26:23.159><c> the</c> 00:26:23.330 --> 00:26:24.539 align:start position:0% x 00:26:23.340 --> 00:26:24.529 align:start position:0% x world<00:26:23.400><c> was</c><00:26:23.580><c> starting</c><00:26:23.760><c> to</c><00:26:23.940><c> be</c><00:26:24.120><c> flooded</c><00:26:24.480><c> with</c> 00:26:24.529 --> 00:26:26.779 align:start position:0% x 00:26:24.539 --> 00:26:26.769 align:start position:0% x cheap<00:26:24.720><c> US</c><00:26:25.020><c> dollars</c><00:26:25.380><c> because</c><00:26:25.679><c> of</c><00:26:25.980><c> China's</c> 00:26:26.769 --> 00:26:28.980 align:start position:0% x 00:26:26.779 --> 00:26:28.970 align:start position:0% x exchange<00:26:27.779><c> rate</c><00:26:27.900><c> policy</c><00:26:28.380><c> so</c><00:26:28.500><c> there</c><00:26:28.679><c> were</c><00:26:28.799><c> cheap</c> 00:26:28.970 --> 00:26:31.020 align:start position:0% x 00:26:28.980 --> 00:26:31.010 align:start position:0% x US<00:26:29.220><c> Dollars</c><00:26:29.640><c> available</c><00:26:29.820><c> to</c><00:26:30.120><c> everybody</c><00:26:30.299><c> for</c><00:26:30.840><c> a</c> 00:26:31.010 --> 00:26:32.400 align:start position:0% x 00:26:31.020 --> 00:26:32.390 align:start position:0% x bunch<00:26:31.140><c> of</c><00:26:31.260><c> variety</c><00:26:31.620><c> of</c><00:26:31.799><c> different</c><00:26:31.919><c> reasons</c> 00:26:32.390 --> 00:26:34.500 align:start position:0% x 00:26:32.400 --> 00:26:34.490 align:start position:0% x and<00:26:33.000><c> of</c><00:26:33.179><c> course</c><00:26:33.299><c> like</c><00:26:33.539><c> all</c><00:26:33.720><c> good</c><00:26:33.900><c> Americans</c><00:26:34.260><c> if</c> 00:26:34.490 --> 00:26:35.880 align:start position:0% x 00:26:34.500 --> 00:26:35.870 align:start position:0% x you<00:26:34.679><c> offer</c><00:26:34.919><c> them</c><00:26:34.980><c> free</c><00:26:35.220><c> money</c><00:26:35.400><c> what</c><00:26:35.640><c> do</c><00:26:35.760><c> they</c> 00:26:35.870 --> 00:26:38.400 align:start position:0% x 00:26:35.880 --> 00:26:38.390 align:start position:0% x do<00:26:36.059><c> they</c><00:26:36.480><c> take</c><00:26:36.779><c> it</c><00:26:36.960><c> and</c><00:26:37.080><c> consume</c><00:26:37.559><c> it</c><00:26:37.620><c> so</c><00:26:38.100><c> there</c> 00:26:38.390 --> 00:26:41.100 align:start position:0% x 00:26:38.400 --> 00:26:41.090 align:start position:0% x was<00:26:38.580><c> this</c><00:26:38.760><c> this</c><00:26:39.240><c> boom</c><00:26:40.140><c> that</c><00:26:40.380><c> started</c><00:26:40.740><c> to</c><00:26:40.919><c> get</c> 00:26:41.090 --> 00:26:43.799 align:start position:0% x 00:26:41.100 --> 00:26:43.789 align:start position:0% x created<00:26:41.460><c> because</c><00:26:42.240><c> money</c><00:26:43.020><c> supply</c><00:26:43.380><c> was</c> 00:26:43.789 --> 00:26:45.840 align:start position:0% x 00:26:43.799 --> 00:26:45.830 align:start position:0% x beginning<00:26:44.100><c> to</c><00:26:44.640><c> increase</c><00:26:44.820><c> enormously</c><00:26:45.659><c> there</c> 00:26:45.830 --> 00:26:48.299 align:start position:0% x 00:26:45.840 --> 00:26:48.289 align:start position:0% x was<00:26:46.020><c> cheap</c><00:26:46.200><c> money</c><00:26:46.500><c> around</c><00:26:46.860><c> and</c><00:26:47.760><c> that</c><00:26:48.120><c> supply</c> 00:26:48.289 --> 00:26:50.539 align:start position:0% x 00:26:48.299 --> 00:26:50.529 align:start position:0% x of<00:26:48.600><c> US</c><00:26:48.779><c> Dollars</c><00:26:49.260><c> around</c><00:26:49.440><c> the</c><00:26:49.679><c> world</c><00:26:49.799><c> increased</c> 00:26:50.529 --> 00:26:52.620 align:start position:0% x 00:26:50.539 --> 00:26:52.610 align:start position:0% x astronomically<00:26:51.539><c> and</c><00:26:51.900><c> you</c><00:26:52.020><c> started</c><00:26:52.320><c> to</c><00:26:52.380><c> get</c> 00:26:52.610 --> 00:26:54.720 align:start position:0% x 00:26:52.620 --> 00:26:54.710 align:start position:0% x these<00:26:52.980><c> booms</c><00:26:53.460><c> remember</c><00:26:53.820><c> back</c><00:26:54.179><c> to</c><00:26:54.360><c> our</c><00:26:54.539><c> picture</c> 00:26:54.710 --> 00:26:57.480 align:start position:0% x 00:26:54.720 --> 00:26:57.470 align:start position:0% x if<00:26:55.320><c> you</c><00:26:55.559><c> begin</c><00:26:55.700><c> to</c><00:26:56.700><c> increase</c><00:26:56.940><c> the</c> 00:26:57.470 --> 00:26:59.580 align:start position:0% x 00:26:57.480 --> 00:26:59.570 align:start position:0% x availability<00:26:58.020><c> of</c><00:26:58.559><c> the</c><00:26:58.799><c> middle</c><00:26:59.039><c> piece</c><00:26:59.460><c> of</c> 00:26:59.570 --> 00:27:01.380 align:start position:0% x 00:26:59.580 --> 00:27:01.370 align:start position:0% x money<00:26:59.700><c> the</c><00:27:00.059><c> price</c><00:27:00.179><c> of</c><00:27:00.419><c> everything</c><00:27:00.659><c> starts</c><00:27:01.260><c> to</c> 00:27:01.370 --> 00:27:04.020 align:start position:0% x 00:27:01.380 --> 00:27:04.010 align:start position:0% x rise<00:27:01.679><c> oil</c><00:27:02.159><c> gas</c><00:27:02.580><c> gold</c><00:27:03.000><c> silver</c><00:27:03.299><c> copper</c><00:27:03.840><c> Iron</c> 00:27:04.010 --> 00:27:06.419 align:start position:0% x 00:27:04.020 --> 00:27:06.409 align:start position:0% x Coal<00:27:04.559><c> Aussie</c><00:27:04.860><c> dollars</c><00:27:05.220><c> property</c><00:27:05.760><c> and</c><00:27:06.120><c> I'm</c> 00:27:06.409 --> 00:27:09.120 align:start position:0% x 00:27:06.419 --> 00:27:09.110 align:start position:0% x from<00:27:06.659><c> New</c><00:27:06.840><c> Zealand</c><00:27:07.080><c> so</c><00:27:07.260><c> sheeps</c><00:27:07.799><c> as</c><00:27:08.279><c> well</c><00:27:08.580><c> also</c> 00:27:09.110 --> 00:27:11.340 align:start position:0% x 00:27:09.120 --> 00:27:11.330 align:start position:0% x all<00:27:09.659><c> increased</c><00:27:10.200><c> in</c><00:27:10.320><c> value</c> 00:27:11.330 --> 00:27:13.919 align:start position:0% x 00:27:11.340 --> 00:27:13.909 align:start position:0% x so<00:27:12.000><c> that's</c><00:27:12.779><c> the</c><00:27:13.020><c> power</c><00:27:13.140><c> of</c><00:27:13.380><c> sheep</c><00:27:13.679><c> if</c><00:27:13.799><c> you</c> 00:27:13.909 --> 00:27:15.419 align:start position:0% x 00:27:13.919 --> 00:27:15.409 align:start position:0% x don't<00:27:14.039><c> know</c> 00:27:15.409 --> 00:27:17.400 align:start position:0% x 00:27:15.419 --> 00:27:17.390 align:start position:0% x um<00:27:15.539><c> the</c><00:27:16.020><c> world</c><00:27:16.080><c> was</c><00:27:16.320><c> follow</c><00:27:16.559><c> flooded</c><00:27:17.220><c> with</c> 00:27:17.390 --> 00:27:19.140 align:start position:0% x 00:27:17.400 --> 00:27:19.130 align:start position:0% x these<00:27:17.700><c> US</c><00:27:17.820><c> Dollars</c><00:27:18.299><c> everything</c><00:27:18.600><c> went</c><00:27:18.960><c> up</c> 00:27:19.130 --> 00:27:20.880 align:start position:0% x 00:27:19.140 --> 00:27:20.870 align:start position:0% x enormously<00:27:19.740><c> in</c><00:27:19.980><c> value</c> 00:27:20.870 --> 00:27:23.460 align:start position:0% x 00:27:20.880 --> 00:27:23.450 align:start position:0% x it<00:27:21.299><c> was</c><00:27:21.419><c> flooded</c><00:27:21.779><c> with</c><00:27:21.960><c> cheap</c><00:27:22.080><c> US</c><00:27:22.380><c> Dollars</c><00:27:22.860><c> no</c> 00:27:23.450 --> 00:27:26.399 align:start position:0% x 00:27:23.460 --> 00:27:26.389 align:start position:0% x one<00:27:23.580><c> knew</c><00:27:23.820><c> where</c><00:27:24.000><c> to</c><00:27:24.120><c> put</c><00:27:24.299><c> it</c> 00:27:26.389 --> 00:27:27.480 align:start position:0% x 00:27:26.399 --> 00:27:27.470 align:start position:0% x so 00:27:27.470 --> 00:27:29.159 align:start position:0% x 00:27:27.480 --> 00:27:29.149 align:start position:0% x down<00:27:27.840><c> at</c><00:27:28.080><c> the</c><00:27:28.200><c> Modern</c><00:27:28.380><c> version</c><00:27:28.799><c> of</c><00:27:29.039><c> the</c> 00:27:29.149 --> 00:27:30.840 align:start position:0% x 00:27:29.159 --> 00:27:30.830 align:start position:0% x londonian<00:27:29.580><c> school</c><00:27:29.820><c> of</c><00:27:30.000><c> Economics</c><00:27:30.480><c> there</c><00:27:30.659><c> were</c> 00:27:30.830 --> 00:27:33.120 align:start position:0% x 00:27:30.840 --> 00:27:33.110 align:start position:0% x PhD<00:27:31.260><c> with</c><00:27:31.440><c> kids</c><00:27:31.740><c> at</c><00:27:31.980><c> work</c><00:27:32.159><c> there</c><00:27:32.760><c> was</c><00:27:32.880><c> cheap</c> 00:27:33.110 --> 00:27:35.880 align:start position:0% x 00:27:33.120 --> 00:27:35.870 align:start position:0% x money<00:27:33.419><c> loads</c><00:27:34.140><c> of</c><00:27:34.260><c> it</c><00:27:34.440><c> around</c><00:27:34.620><c> and</c><00:27:35.340><c> nowhere</c><00:27:35.640><c> to</c> 00:27:35.870 --> 00:27:37.860 align:start position:0% x 00:27:35.880 --> 00:27:37.850 align:start position:0% x go<00:27:36.059><c> so</c><00:27:36.480><c> they</c><00:27:36.720><c> thought</c><00:27:36.899><c> let's</c><00:27:37.140><c> create</c><00:27:37.440><c> a</c><00:27:37.740><c> new</c> 00:27:37.850 --> 00:27:38.760 align:start position:0% x 00:27:37.860 --> 00:27:38.750 align:start position:0% x market 00:27:38.750 --> 00:27:40.799 align:start position:0% x 00:27:38.760 --> 00:27:40.789 align:start position:0% x and<00:27:39.240><c> they</c><00:27:39.360><c> did</c><00:27:39.539><c> and</c><00:27:39.720><c> they</c><00:27:39.840><c> called</c><00:27:40.020><c> it</c><00:27:40.140><c> subprime</c> 00:27:40.789 --> 00:27:43.679 align:start position:0% x 00:27:40.799 --> 00:27:43.669 align:start position:0% x and<00:27:41.580><c> subprime</c><00:27:42.240><c> in</c><00:27:42.539><c> essence</c><00:27:42.840><c> is</c><00:27:43.140><c> essentially</c><00:27:43.500><c> a</c> 00:27:43.669 --> 00:27:45.419 align:start position:0% x 00:27:43.679 --> 00:27:45.409 align:start position:0% x whole<00:27:43.799><c> band</c><00:27:44.039><c> of</c><00:27:44.279><c> borrowers</c><00:27:44.640><c> who</c><00:27:44.880><c> are</c><00:27:45.059><c> such</c><00:27:45.179><c> a</c> 00:27:45.409 --> 00:27:46.980 align:start position:0% x 00:27:45.419 --> 00:27:46.970 align:start position:0% x bad<00:27:45.539><c> risk</c><00:27:45.960><c> to</c><00:27:46.140><c> banks</c><00:27:46.500><c> that</c><00:27:46.559><c> they</c><00:27:46.679><c> won't</c><00:27:46.740><c> lend</c> 00:27:46.970 --> 00:27:51.059 align:start position:0% x 00:27:46.980 --> 00:27:51.049 align:start position:0% x to<00:27:47.159><c> them</c><00:27:47.279><c> but</c><00:27:48.059><c> if</c><00:27:48.299><c> you</c><00:27:48.419><c> could</c><00:27:48.600><c> find</c><00:27:48.779><c> a</c><00:27:49.020><c> way</c> 00:27:51.049 --> 00:27:53.159 align:start position:0% x 00:27:51.059 --> 00:27:53.149 align:start position:0% x and<00:27:51.539><c> they</c><00:27:51.720><c> found</c><00:27:51.899><c> them</c><00:27:52.200><c> and</c><00:27:52.559><c> this</c><00:27:52.679><c> is</c><00:27:52.799><c> how</c><00:27:52.980><c> it</c> 00:27:53.149 --> 00:27:55.200 align:start position:0% x 00:27:53.159 --> 00:27:55.190 align:start position:0% x worked 00:27:55.190 --> 00:27:57.120 align:start position:0% x 00:27:55.200 --> 00:27:57.110 align:start position:0% x in<00:27:55.500><c> the</c><00:27:55.620><c> old</c><00:27:55.860><c> days</c><00:27:56.100><c> of</c><00:27:56.340><c> banking</c><00:27:56.700><c> banking</c> 00:27:57.110 --> 00:27:58.860 align:start position:0% x 00:27:57.120 --> 00:27:58.850 align:start position:0% x worked<00:27:57.419><c> in</c><00:27:57.480><c> a</c><00:27:57.659><c> very</c><00:27:57.720><c> distinct</c><00:27:58.080><c> way</c> 00:27:58.850 --> 00:28:01.320 align:start position:0% x 00:27:58.860 --> 00:28:01.310 align:start position:0% x basically<00:27:59.520><c> what</c><00:27:59.760><c> would</c><00:27:59.940><c> happen</c><00:28:00.120><c> is</c><00:28:00.539><c> Banks</c> 00:28:01.310 --> 00:28:02.460 align:start position:0% x 00:28:01.320 --> 00:28:02.450 align:start position:0% x would<00:28:01.500><c> sit</c><00:28:01.679><c> there</c> 00:28:02.450 --> 00:28:04.620 align:start position:0% x 00:28:02.460 --> 00:28:04.610 align:start position:0% x depositors<00:28:03.240><c> or</c><00:28:03.419><c> investors</c><00:28:03.960><c> down</c><00:28:04.200><c> the</c><00:28:04.440><c> right</c> 00:28:04.610 --> 00:28:06.299 align:start position:0% x 00:28:04.620 --> 00:28:06.289 align:start position:0% x hand<00:28:04.799><c> side</c><00:28:05.039><c> would</c><00:28:05.340><c> put</c><00:28:05.580><c> their</c><00:28:05.760><c> money</c><00:28:05.940><c> with</c><00:28:06.179><c> the</c> 00:28:06.289 --> 00:28:09.179 align:start position:0% x 00:28:06.299 --> 00:28:09.169 align:start position:0% x bank<00:28:06.480><c> who'd</c><00:28:06.840><c> pay</c><00:28:06.960><c> them</c><00:28:07.140><c> a</c><00:28:07.740><c> nice</c><00:28:08.039><c> interest</c><00:28:08.580><c> rate</c> 00:28:09.169 --> 00:28:11.340 align:start position:0% x 00:28:09.179 --> 00:28:11.330 align:start position:0% x unless<00:28:09.899><c> the</c><00:28:10.140><c> fat</c><00:28:10.320><c> margin</c><00:28:10.740><c> that</c><00:28:10.919><c> they</c><00:28:11.039><c> took</c><00:28:11.220><c> off</c> 00:28:11.330 --> 00:28:12.179 align:start position:0% x 00:28:11.340 --> 00:28:12.169 align:start position:0% x it 00:28:12.169 --> 00:28:13.980 align:start position:0% x 00:28:12.179 --> 00:28:13.970 align:start position:0% x and<00:28:12.480><c> on</c><00:28:12.720><c> the</c><00:28:12.899><c> other</c><00:28:13.080><c> side</c><00:28:13.380><c> of</c><00:28:13.559><c> the</c><00:28:13.620><c> balance</c> 00:28:13.970 --> 00:28:15.720 align:start position:0% x 00:28:13.980 --> 00:28:15.710 align:start position:0% x sheet<00:28:14.279><c> the</c><00:28:14.700><c> banks</c><00:28:15.059><c> would</c><00:28:15.179><c> go</c><00:28:15.299><c> out</c><00:28:15.419><c> and</c><00:28:15.539><c> find</c> 00:28:15.710 --> 00:28:17.100 align:start position:0% x 00:28:15.720 --> 00:28:17.090 align:start position:0% x borrowers<00:28:16.140><c> they</c><00:28:16.320><c> want</c><00:28:16.440><c> to</c><00:28:16.559><c> buy</c><00:28:16.679><c> a</c><00:28:16.799><c> house</c><00:28:16.919><c> or</c> 00:28:17.090 --> 00:28:19.200 align:start position:0% x 00:28:17.100 --> 00:28:19.190 align:start position:0% x something<00:28:17.340><c> else</c><00:28:17.640><c> and</c><00:28:18.179><c> they'd</c><00:28:18.539><c> leaned</c><00:28:18.899><c> at</c><00:28:19.080><c> an</c> 00:28:19.190 --> 00:28:20.580 align:start position:0% x 00:28:19.200 --> 00:28:20.570 align:start position:0% x interest<00:28:19.380><c> rate</c> 00:28:20.570 --> 00:28:23.100 align:start position:0% x 00:28:20.580 --> 00:28:23.090 align:start position:0% x and<00:28:21.120><c> I</c><00:28:21.360><c> captured</c><00:28:21.779><c> that</c><00:28:21.960><c> fat</c><00:28:22.140><c> nice</c><00:28:22.440><c> margin</c><00:28:22.860><c> in</c> 00:28:23.090 --> 00:28:25.380 align:start position:0% x 00:28:23.100 --> 00:28:25.370 align:start position:0% x between<00:28:23.279><c> but</c><00:28:23.700><c> you</c><00:28:23.940><c> notice</c><00:28:24.240><c> in</c><00:28:24.419><c> that</c><00:28:24.600><c> model</c><00:28:24.840><c> who</c> 00:28:25.370 --> 00:28:28.200 align:start position:0% x 00:28:25.380 --> 00:28:28.190 align:start position:0% x takes<00:28:25.679><c> the</c><00:28:25.980><c> risk</c><00:28:26.340><c> of</c><00:28:26.820><c> the</c><00:28:27.059><c> borrower</c> 00:28:28.190 --> 00:28:30.299 align:start position:0% x 00:28:28.200 --> 00:28:30.289 align:start position:0% x the<00:28:28.559><c> bank</c><00:28:28.679><c> does</c><00:28:28.980><c> so</c><00:28:29.580><c> if</c><00:28:29.760><c> the</c><00:28:29.940><c> borrower</c> 00:28:30.289 --> 00:28:32.520 align:start position:0% x 00:28:30.299 --> 00:28:32.510 align:start position:0% x defaults<00:28:30.779><c> the</c><00:28:31.020><c> bank's</c><00:28:31.440><c> the</c><00:28:31.620><c> one</c><00:28:31.740><c> who</c><00:28:32.159><c> takes</c> 00:28:32.510 --> 00:28:34.559 align:start position:0% x 00:28:32.520 --> 00:28:34.549 align:start position:0% x the<00:28:32.760><c> cost</c><00:28:33.000><c> not</c><00:28:33.480><c> the</c><00:28:33.659><c> deposit</c><00:28:34.080><c> or</c><00:28:34.200><c> investor</c> 00:28:34.549 --> 00:28:36.539 align:start position:0% x 00:28:34.559 --> 00:28:36.529 align:start position:0% x down<00:28:34.799><c> there</c><00:28:34.980><c> right</c><00:28:35.340><c> that's</c><00:28:35.700><c> the</c><00:28:36.120><c> banking</c> 00:28:36.529 --> 00:28:38.880 align:start position:0% x 00:28:36.539 --> 00:28:38.870 align:start position:0% x system<00:28:36.779><c> generally</c><00:28:37.440><c> and</c><00:28:37.919><c> simplified</c><00:28:38.340><c> sensors</c> 00:28:38.870 --> 00:28:40.620 align:start position:0% x 00:28:38.880 --> 00:28:40.610 align:start position:0% x that<00:28:39.059><c> operated</c> 00:28:40.610 --> 00:28:43.080 align:start position:0% x 00:28:40.620 --> 00:28:43.070 align:start position:0% x well<00:28:41.159><c> what</c><00:28:41.700><c> happened</c><00:28:41.940><c> is</c><00:28:42.419><c> this</c><00:28:42.779><c> great</c> 00:28:43.070 --> 00:28:45.539 align:start position:0% x 00:28:43.080 --> 00:28:45.529 align:start position:0% x innovation 00:28:45.529 --> 00:28:47.700 align:start position:0% x 00:28:45.539 --> 00:28:47.690 align:start position:0% x what<00:28:46.020><c> they</c><00:28:46.140><c> created</c><00:28:46.500><c> with</c><00:28:46.860><c> these</c><00:28:47.279><c> special</c> 00:28:47.690 --> 00:28:49.799 align:start position:0% x 00:28:47.700 --> 00:28:49.789 align:start position:0% x investment<00:28:48.299><c> vehicles</c><00:28:48.840><c> so</c><00:28:49.020><c> the</c><00:28:49.200><c> banks</c><00:28:49.500><c> sitting</c> 00:28:49.789 --> 00:28:51.360 align:start position:0% x 00:28:49.799 --> 00:28:51.350 align:start position:0% x in<00:28:49.919><c> the</c><00:28:50.039><c> middle</c><00:28:50.100><c> could</c><00:28:50.399><c> add</c><00:28:50.640><c> up</c><00:28:50.760><c> the</c><00:28:50.940><c> top</c><00:28:51.120><c> and</c> 00:28:51.350 --> 00:28:53.520 align:start position:0% x 00:28:51.360 --> 00:28:53.510 align:start position:0% x right<00:28:51.539><c> side</c><00:28:51.779><c> these</c><00:28:52.260><c> things</c><00:28:52.320><c> are</c><00:28:52.559><c> called</c><00:28:52.799><c> sivs</c> 00:28:53.510 --> 00:28:55.679 align:start position:0% x 00:28:53.520 --> 00:28:55.669 align:start position:0% x or<00:28:53.700><c> civs</c><00:28:54.179><c> because</c><00:28:54.360><c> they</c><00:28:54.539><c> leaked</c><00:28:54.899><c> like</c><00:28:54.960><c> one</c><00:28:55.140><c> but</c> 00:28:55.669 --> 00:28:57.240 align:start position:0% x 00:28:55.679 --> 00:28:57.230 align:start position:0% x their<00:28:55.980><c> special</c><00:28:56.220><c> investment</c><00:28:56.760><c> that's</c><00:28:56.940><c> an</c><00:28:57.179><c> old</c> 00:28:57.230 --> 00:28:58.919 align:start position:0% x 00:28:57.240 --> 00:28:58.909 align:start position:0% x joke<00:28:57.539><c> actually</c><00:28:57.720><c> around</c><00:28:57.960><c> the</c><00:28:58.140><c> market</c> 00:28:58.909 --> 00:29:01.740 align:start position:0% x 00:28:58.919 --> 00:29:01.730 align:start position:0% x special<00:28:59.520><c> investment</c><00:29:00.120><c> vehicles</c><00:29:00.600><c> and</c><00:29:01.559><c> the</c> 00:29:01.730 --> 00:29:03.480 align:start position:0% x 00:29:01.740 --> 00:29:03.470 align:start position:0% x investors<00:29:02.159><c> wouldn't</c><00:29:02.399><c> invest</c><00:29:02.760><c> with</c><00:29:02.940><c> the</c><00:29:03.120><c> banks</c> 00:29:03.470 --> 00:29:04.919 align:start position:0% x 00:29:03.480 --> 00:29:04.909 align:start position:0% x anymore<00:29:03.659><c> they</c><00:29:03.960><c> give</c><00:29:04.140><c> their</c><00:29:04.320><c> money</c><00:29:04.500><c> to</c><00:29:04.799><c> the</c> 00:29:04.909 --> 00:29:06.960 align:start position:0% x 00:29:04.919 --> 00:29:06.950 align:start position:0% x special<00:29:05.100><c> investment</c><00:29:05.760><c> vehicles</c><00:29:06.240><c> who</c><00:29:06.779><c> would</c> 00:29:06.950 --> 00:29:08.520 align:start position:0% x 00:29:06.960 --> 00:29:08.510 align:start position:0% x then<00:29:07.080><c> funnel</c><00:29:07.440><c> it</c><00:29:07.559><c> to</c><00:29:07.679><c> the</c><00:29:07.860><c> banks</c><00:29:08.159><c> who</c><00:29:08.340><c> would</c> 00:29:08.510 --> 00:29:10.799 align:start position:0% x 00:29:08.520 --> 00:29:10.789 align:start position:0% x then<00:29:08.640><c> give</c><00:29:08.820><c> it</c><00:29:09.000><c> to</c><00:29:09.120><c> the</c><00:29:09.360><c> borrowers</c><00:29:09.720><c> but</c><00:29:10.559><c> they</c> 00:29:10.789 --> 00:29:13.140 align:start position:0% x 00:29:10.799 --> 00:29:13.130 align:start position:0% x wouldn't<00:29:10.980><c> take</c><00:29:11.340><c> the</c><00:29:11.580><c> risk</c><00:29:12.360><c> and</c><00:29:12.720><c> in</c><00:29:12.899><c> fact</c><00:29:13.020><c> the</c> 00:29:13.130 --> 00:29:14.700 align:start position:0% x 00:29:13.140 --> 00:29:14.690 align:start position:0% x bank<00:29:13.260><c> wouldn't</c><00:29:13.500><c> even</c><00:29:13.679><c> go</c><00:29:13.860><c> and</c><00:29:13.980><c> see</c><00:29:14.159><c> a</c><00:29:14.340><c> bar</c><00:29:14.460><c> and</c> 00:29:14.690 --> 00:29:16.380 align:start position:0% x 00:29:14.700 --> 00:29:16.370 align:start position:0% x probably<00:29:14.880><c> many</c><00:29:15.120><c> of</c><00:29:15.360><c> you</c><00:29:15.480><c> have</c><00:29:15.960><c> got</c><00:29:16.200><c> then</c> 00:29:16.370 --> 00:29:18.659 align:start position:0% x 00:29:16.380 --> 00:29:18.649 align:start position:0% x inundated<00:29:16.860><c> by</c><00:29:17.279><c> mortgage</c><00:29:17.760><c> brokers</c><00:29:18.120><c> and</c><00:29:18.419><c> high</c> 00:29:18.649 --> 00:29:20.539 align:start position:0% x 00:29:18.659 --> 00:29:20.529 align:start position:0% x sell<00:29:19.020><c> you</c><00:29:19.440><c> know</c><00:29:19.559><c> high</c><00:29:19.799><c> high</c><00:29:20.100><c> pressure</c> 00:29:20.529 --> 00:29:24.179 align:start position:0% x 00:29:20.539 --> 00:29:24.169 align:start position:0% x salesmen<00:29:21.539><c> trying</c><00:29:22.140><c> to</c><00:29:22.380><c> broker</c><00:29:22.860><c> a</c><00:29:23.039><c> mortgage</c><00:29:23.520><c> to</c> 00:29:24.169 --> 00:29:25.679 align:start position:0% x 00:29:24.179 --> 00:29:25.669 align:start position:0% x the<00:29:24.360><c> house</c><00:29:24.539><c> borrower</c> 00:29:25.669 --> 00:29:27.539 align:start position:0% x 00:29:25.679 --> 00:29:27.529 align:start position:0% x and<00:29:26.220><c> sitting</c><00:29:26.580><c> in</c><00:29:26.700><c> the</c><00:29:26.820><c> middle</c><00:29:26.940><c> was</c><00:29:27.179><c> the</c><00:29:27.360><c> bank</c> 00:29:27.529 --> 00:29:31.080 align:start position:0% x 00:29:27.539 --> 00:29:31.070 align:start position:0% x taking<00:29:28.320><c> the</c><00:29:29.159><c> fee</c><00:29:29.460><c> and</c><00:29:29.700><c> the</c><00:29:29.880><c> margin</c><00:29:30.179><c> but</c><00:29:30.840><c> the</c> 00:29:31.070 --> 00:29:33.179 align:start position:0% x 00:29:31.080 --> 00:29:33.169 align:start position:0% x risk<00:29:31.500><c> through</c><00:29:31.919><c> the</c><00:29:32.159><c> whole</c><00:29:32.340><c> process</c><00:29:32.760><c> was</c> 00:29:33.169 --> 00:29:34.679 align:start position:0% x 00:29:33.179 --> 00:29:34.669 align:start position:0% x actually<00:29:33.419><c> going</c><00:29:33.779><c> back</c><00:29:34.020><c> through</c><00:29:34.320><c> the</c><00:29:34.500><c> special</c> 00:29:34.669 --> 00:29:36.720 align:start position:0% x 00:29:34.679 --> 00:29:36.710 align:start position:0% x investment<00:29:35.159><c> vehicle</c><00:29:35.520><c> to</c><00:29:36.000><c> the</c><00:29:36.120><c> investor</c><00:29:36.539><c> not</c> 00:29:36.710 --> 00:29:38.220 align:start position:0% x 00:29:36.720 --> 00:29:38.210 align:start position:0% x the<00:29:36.899><c> bank</c><00:29:37.080><c> anymore</c> 00:29:38.210 --> 00:29:40.860 align:start position:0% x 00:29:38.220 --> 00:29:40.850 align:start position:0% x now<00:29:38.700><c> guess</c><00:29:39.000><c> what</c><00:29:39.240><c> happens</c> 00:29:40.850 --> 00:29:43.200 align:start position:0% x 00:29:40.860 --> 00:29:43.190 align:start position:0% x if<00:29:41.460><c> you</c><00:29:41.640><c> don't</c><00:29:41.760><c> have</c><00:29:42.000><c> to</c><00:29:42.240><c> worry</c><00:29:42.419><c> about</c><00:29:42.659><c> default</c> 00:29:43.190 --> 00:29:44.520 align:start position:0% x 00:29:43.200 --> 00:29:44.510 align:start position:0% x anymore 00:29:44.510 --> 00:29:46.799 align:start position:0% x 00:29:44.520 --> 00:29:46.789 align:start position:0% x no<00:29:45.120><c> one</c><00:29:45.240><c> in</c><00:29:45.419><c> the</c><00:29:45.600><c> entire</c><00:29:45.720><c> process</c><00:29:46.260><c> cares</c> 00:29:46.789 --> 00:29:48.899 align:start position:0% x 00:29:46.799 --> 00:29:48.889 align:start position:0% x anymore<00:29:46.919><c> about</c><00:29:47.460><c> whether</c><00:29:47.760><c> someone</c><00:29:48.240><c> defaults</c> 00:29:48.889 --> 00:29:51.179 align:start position:0% x 00:29:48.899 --> 00:29:51.169 align:start position:0% x on<00:29:49.020><c> the</c><00:29:49.200><c> market</c><00:29:49.380><c> you</c><00:29:49.620><c> ask</c><00:29:49.799><c> the</c><00:29:49.980><c> borrower</c> 00:29:51.169 --> 00:29:53.220 align:start position:0% x 00:29:51.179 --> 00:29:53.210 align:start position:0% x why<00:29:51.600><c> should</c><00:29:51.779><c> I</c><00:29:51.899><c> care</c><00:29:52.020><c> if</c><00:29:52.200><c> I</c><00:29:52.320><c> default</c><00:29:52.679><c> the</c> 00:29:53.210 --> 00:29:55.260 align:start position:0% x 00:29:53.220 --> 00:29:55.250 align:start position:0% x mortgage<00:29:53.580><c> brokers</c><00:29:54.000><c> we</c><00:29:54.600><c> don't</c><00:29:54.779><c> care</c><00:29:54.960><c> if</c><00:29:55.140><c> they</c> 00:29:55.250 --> 00:29:56.460 align:start position:0% x 00:29:55.260 --> 00:29:56.450 align:start position:0% x default<00:29:55.679><c> because</c><00:29:55.799><c> we</c><00:29:55.980><c> already</c><00:29:56.100><c> got</c><00:29:56.340><c> our</c> 00:29:56.450 --> 00:29:58.919 align:start position:0% x 00:29:56.460 --> 00:29:58.909 align:start position:0% x upfront<00:29:57.000><c> fee</c><00:29:57.299><c> thanks</c><00:29:57.480><c> so</c><00:29:57.720><c> we</c><00:29:57.899><c> don't</c><00:29:58.020><c> care</c><00:29:58.260><c> the</c> 00:29:58.909 --> 00:30:00.480 align:start position:0% x 00:29:58.919 --> 00:30:00.470 align:start position:0% x banks<00:29:59.279><c> will</c><00:29:59.399><c> not</c><00:29:59.520><c> me</c><00:29:59.700><c> because</c><00:29:59.880><c> it's</c><00:30:00.059><c> all</c><00:30:00.240><c> a</c> 00:30:00.470 --> 00:30:01.919 align:start position:0% x 00:30:00.480 --> 00:30:01.909 align:start position:0% x special<00:30:00.600><c> investment</c><00:30:01.140><c> vehicle</c><00:30:01.500><c> special</c> 00:30:01.909 --> 00:30:03.899 align:start position:0% x 00:30:01.919 --> 00:30:03.889 align:start position:0% x investment<00:30:02.520><c> vehicle</c><00:30:02.940><c> we're</c><00:30:03.480><c> just</c><00:30:03.720><c> off</c> 00:30:03.889 --> 00:30:05.460 align:start position:0% x 00:30:03.899 --> 00:30:05.450 align:start position:0% x balance<00:30:04.320><c> sheet</c><00:30:04.620><c> and</c><00:30:04.679><c> isolated</c><00:30:05.100><c> Vehicles</c> 00:30:05.450 --> 00:30:06.779 align:start position:0% x 00:30:05.460 --> 00:30:06.769 align:start position:0% x anyway<00:30:05.640><c> they</c><00:30:05.880><c> didn't</c><00:30:06.000><c> really</c><00:30:06.179><c> have</c><00:30:06.360><c> a</c><00:30:06.480><c> brain</c> 00:30:06.769 --> 00:30:09.299 align:start position:0% x 00:30:06.779 --> 00:30:09.289 align:start position:0% x so<00:30:07.080><c> and</c><00:30:07.799><c> the</c><00:30:07.980><c> investors</c><00:30:08.340><c> said</c><00:30:08.520><c> me</c><00:30:08.820><c> why</c><00:30:09.120><c> should</c> 00:30:09.289 --> 00:30:10.620 align:start position:0% x 00:30:09.299 --> 00:30:10.610 align:start position:0% x I<00:30:09.419><c> worry</c><00:30:09.600><c> about</c><00:30:09.840><c> whether</c><00:30:10.080><c> the</c><00:30:10.320><c> person</c><00:30:10.440><c> getting</c> 00:30:10.610 --> 00:30:12.360 align:start position:0% x 00:30:10.620 --> 00:30:12.350 align:start position:0% x my<00:30:10.919><c> money</c><00:30:11.039><c> at</c><00:30:11.220><c> the</c><00:30:11.279><c> end</c><00:30:11.399><c> of</c><00:30:11.460><c> the</c><00:30:11.580><c> day</c><00:30:11.760><c> actually</c> 00:30:12.350 --> 00:30:14.159 align:start position:0% x 00:30:12.360 --> 00:30:14.149 align:start position:0% x defaults<00:30:13.020><c> or</c><00:30:13.140><c> not</c><00:30:13.320><c> so</c><00:30:13.500><c> it's</c><00:30:13.679><c> actually</c><00:30:13.860><c> a</c> 00:30:14.149 --> 00:30:15.899 align:start position:0% x 00:30:14.159 --> 00:30:15.889 align:start position:0% x change<00:30:14.399><c> in</c><00:30:14.700><c> the</c><00:30:14.880><c> way</c><00:30:15.000><c> money</c><00:30:15.240><c> flowed</c><00:30:15.779><c> around</c> 00:30:15.889 --> 00:30:18.000 align:start position:0% x 00:30:15.899 --> 00:30:17.990 align:start position:0% x the<00:30:16.620><c> banking</c><00:30:16.919><c> and</c><00:30:17.100><c> borrowing</c><00:30:17.399><c> lending</c><00:30:17.880><c> system</c> 00:30:17.990 --> 00:30:20.279 align:start position:0% x 00:30:18.000 --> 00:30:20.269 align:start position:0% x in<00:30:18.360><c> essence</c><00:30:18.659><c> what</c><00:30:18.899><c> was</c><00:30:19.020><c> happening</c><00:30:19.380><c> investors</c> 00:30:20.269 --> 00:30:22.080 align:start position:0% x 00:30:20.279 --> 00:30:22.070 align:start position:0% x in<00:30:20.580><c> a</c><00:30:20.700><c> risk</c><00:30:21.000><c> sense</c><00:30:21.179><c> were</c><00:30:21.480><c> directly</c><00:30:21.899><c> giving</c> 00:30:22.070 --> 00:30:23.640 align:start position:0% x 00:30:22.080 --> 00:30:23.630 align:start position:0% x their<00:30:22.380><c> money</c><00:30:22.559><c> to</c><00:30:22.860><c> the</c><00:30:22.980><c> borrowers</c><00:30:23.340><c> and</c> 00:30:23.630 --> 00:30:25.559 align:start position:0% x 00:30:23.640 --> 00:30:25.549 align:start position:0% x everyone<00:30:23.760><c> in</c><00:30:24.000><c> between</c><00:30:24.179><c> was</c><00:30:24.480><c> taking</c><00:30:24.779><c> a</c><00:30:25.020><c> fat</c><00:30:25.140><c> fee</c> 00:30:25.549 --> 00:30:27.539 align:start position:0% x 00:30:25.559 --> 00:30:27.529 align:start position:0% x in<00:30:25.919><c> no</c><00:30:26.159><c> risk</c><00:30:26.399><c> for</c><00:30:26.520><c> it</c><00:30:26.700><c> so</c><00:30:26.940><c> that</c><00:30:27.120><c> was</c><00:30:27.240><c> what</c><00:30:27.419><c> was</c> 00:30:27.529 --> 00:30:30.240 align:start position:0% x 00:30:27.539 --> 00:30:30.230 align:start position:0% x actually<00:30:27.779><c> happening</c><00:30:28.200><c> in</c><00:30:28.740><c> this</c><00:30:28.860><c> framework</c> 00:30:30.230 --> 00:30:33.059 align:start position:0% x 00:30:30.240 --> 00:30:33.049 align:start position:0% x now<00:30:30.779><c> this</c><00:30:31.020><c> was</c><00:30:31.260><c> known</c><00:30:31.500><c> because</c><00:30:31.860><c> back</c><00:30:32.279><c> in</c><00:30:32.460><c> 2007</c> 00:30:33.049 --> 00:30:34.740 align:start position:0% x 00:30:33.059 --> 00:30:34.730 align:start position:0% x well-known<00:30:33.659><c> magazine</c><00:30:34.200><c> the</c><00:30:34.380><c> Bloomberg</c> 00:30:34.730 --> 00:30:37.620 align:start position:0% x 00:30:34.740 --> 00:30:37.610 align:start position:0% x magazine<00:30:35.279><c> had</c><00:30:35.760><c> this</c><00:30:36.059><c> front</c><00:30:36.240><c> color</c><00:30:36.480><c> toxic</c><00:30:37.080><c> debt</c> 00:30:37.610 --> 00:30:39.539 align:start position:0% x 00:30:37.620 --> 00:30:39.529 align:start position:0% x subprime<00:30:38.340><c> NASA</c><00:30:38.700><c> spread</c><00:30:39.000><c> into</c><00:30:39.059><c> Banks</c><00:30:39.480><c> and</c> 00:30:39.529 --> 00:30:45.200 align:start position:0% x 00:30:39.539 --> 00:30:45.200 align:start position:0% x Pension<00:30:39.960><c> funds</c><00:30:40.440><c> and</c><00:30:41.340><c> this</c><00:30:42.120><c> problem</c><00:30:42.539><c> of</c> 00:30:45.950 --> 00:30:45.950 align:start position:0% x 00:30:45.960 --> 00:30:47.690 align:start position:0% x the<00:30:46.440><c> loans</c><00:30:46.679><c> to</c><00:30:46.980><c> these</c><00:30:47.159><c> people</c><00:30:47.340><c> who</c><00:30:47.520><c> couldn't</c> 00:30:47.690 --> 00:30:49.799 align:start position:0% x 00:30:47.700 --> 00:30:49.789 align:start position:0% x pay<00:30:48.120><c> them</c><00:30:48.360><c> back</c><00:30:48.539><c> became</c><00:30:49.020><c> more</c><00:30:49.260><c> and</c><00:30:49.440><c> more</c><00:30:49.620><c> on</c> 00:30:49.789 --> 00:30:53.159 align:start position:0% x 00:30:49.799 --> 00:30:53.149 align:start position:0% x Earth<00:30:49.980><c> shoot</c><00:30:50.159><c> now</c><00:30:50.340><c> the</c><00:30:50.520><c> reason</c><00:30:50.640><c> why</c><00:30:50.880><c> is</c><00:30:51.120><c> this</c> 00:30:53.149 --> 00:30:55.520 align:start position:0% x 00:30:53.159 --> 00:30:55.510 align:start position:0% x you<00:30:53.700><c> probably</c><00:30:53.880><c> experienced</c><00:30:54.840><c> this</c><00:30:55.260><c> this</c> 00:30:55.510 --> 00:30:58.980 align:start position:0% x 00:30:55.520 --> 00:30:58.970 align:start position:0% x runaway<00:30:56.520><c> housing</c><00:30:57.000><c> bubble</c><00:30:57.360><c> prices</c><00:30:58.140><c> doubled</c><00:30:58.799><c> in</c> 00:30:58.970 --> 00:31:00.779 align:start position:0% x 00:30:58.980 --> 00:31:00.769 align:start position:0% x some<00:30:59.159><c> areas</c><00:30:59.519><c> almost</c><00:30:59.820><c> tripled</c><00:31:00.360><c> around</c><00:31:00.539><c> the</c> 00:31:00.769 --> 00:31:03.480 align:start position:0% x 00:31:00.779 --> 00:31:03.470 align:start position:0% x world<00:31:01.039><c> in</c><00:31:02.039><c> terms</c><00:31:02.279><c> of</c> their<00:31:02.519><c> value</c><00:31:02.700><c> this</c><00:31:03.120><c> huge</c> 00:31:03.470 --> 00:31:06.179 align:start position:0% x 00:31:03.480 --> 00:31:06.169 align:start position:0% x rocketing<00:31:04.080><c> increase</c><00:31:04.620><c> in</c><00:31:05.279><c> housing</c><00:31:05.820><c> all</c><00:31:06.059><c> around</c> 00:31:06.169 --> 00:31:08.700 align:start position:0% x 00:31:06.179 --> 00:31:08.690 align:start position:0% x the<00:31:06.419><c> world</c><00:31:06.899><c> housing</c><00:31:07.679><c> bubble</c><00:31:07.980><c> was</c><00:31:08.100><c> going</c><00:31:08.340><c> was</c> 00:31:08.690 --> 00:31:11.159 align:start position:0% x 00:31:08.700 --> 00:31:11.149 align:start position:0% x being<00:31:08.880><c> created</c><00:31:09.299><c> for</c><00:31:09.779><c> two</c><00:31:09.899><c> reasons</c><00:31:10.320><c> one</c><00:31:10.799><c> US</c> 00:31:11.149 --> 00:31:12.960 align:start position:0% x 00:31:11.159 --> 00:31:12.950 align:start position:0% x Dollars<00:31:11.580><c> would</c><00:31:11.760><c> depreciating</c><00:31:12.240><c> because</c><00:31:12.419><c> of</c><00:31:12.659><c> so</c> 00:31:12.950 --> 00:31:14.220 align:start position:0% x 00:31:12.960 --> 00:31:14.210 align:start position:0% x many<00:31:13.080><c> of</c><00:31:13.260><c> them</c><00:31:13.380><c> around</c> 00:31:14.210 --> 00:31:16.500 align:start position:0% x 00:31:14.220 --> 00:31:16.490 align:start position:0% x the<00:31:14.580><c> value</c><00:31:14.700><c> was</c><00:31:15.000><c> dropping</c><00:31:15.419><c> but</c><00:31:15.899><c> because</c><00:31:16.200><c> all</c> 00:31:16.490 --> 00:31:18.480 align:start position:0% x 00:31:16.500 --> 00:31:18.470 align:start position:0% x of<00:31:16.620><c> a</c><00:31:16.740><c> sudden</c><00:31:16.860><c> there</c><00:31:17.100><c> was</c><00:31:17.279><c> this</c><00:31:17.519><c> huge</c><00:31:17.880><c> woken</c><00:31:18.360><c> up</c> 00:31:18.470 --> 00:31:20.460 align:start position:0% x 00:31:18.480 --> 00:31:20.450 align:start position:0% x demand<00:31:18.899><c> for</c><00:31:19.260><c> subprime</c><00:31:19.799><c> borrowers</c><00:31:20.100><c> who</c><00:31:20.279><c> could</c> 00:31:20.450 --> 00:31:22.679 align:start position:0% x 00:31:20.460 --> 00:31:22.669 align:start position:0% x now<00:31:20.580><c> buy</c><00:31:20.760><c> houses</c><00:31:20.940><c> and</c><00:31:21.539><c> ignited</c><00:31:22.080><c> this</c><00:31:22.380><c> huge</c> 00:31:22.669 --> 00:31:24.179 align:start position:0% x 00:31:22.679 --> 00:31:24.169 align:start position:0% x housing<00:31:23.039><c> bubble</c> 00:31:24.169 --> 00:31:24.779 align:start position:0% x 00:31:24.179 --> 00:31:24.769 align:start position:0% x um 00:31:24.769 --> 00:31:28.860 align:start position:0% x 00:31:24.779 --> 00:31:28.850 align:start position:0% x and<00:31:25.200><c> it</c><00:31:25.440><c> was</c><00:31:25.559><c> the</c><00:31:26.039><c> busting</c><00:31:26.940><c> of</c><00:31:27.299><c> books</c> 00:31:28.850 --> 00:31:31.559 align:start position:0% x 00:31:28.860 --> 00:31:31.549 align:start position:0% x why<00:31:29.279><c> the</c><00:31:29.640><c> not</c> 00:31:31.549 --> 00:31:34.080 align:start position:0% x 00:31:31.559 --> 00:31:34.070 align:start position:0% x <00:31:32.039><c> away</c><00:31:32.220><c> I</c><00:31:32.640><c> should</c> 00:31:34.070 --> 00:31:37.460 align:start position:0% x 00:31:34.080 --> 00:31:37.460 align:start position:0% x oh<00:31:34.799><c> that's</c><00:31:35.220><c> why</c> 00:31:37.909 --> 00:31:37.909 align:start position:0% x 00:31:37.919 --> 00:31:39.529 align:start position:0% x and<00:31:38.399><c> at</c><00:31:38.580><c> the</c><00:31:38.700><c> peak</c><00:31:38.940><c> of</c><00:31:39.059><c> this</c><00:31:39.240><c> particular</c> 00:31:39.529 --> 00:31:41.640 align:start position:0% x 00:31:39.539 --> 00:31:41.630 align:start position:0% x bubble<00:31:40.019><c> something</c><00:31:40.260><c> terrible</c><00:31:40.679><c> happened</c><00:31:40.980><c> all</c> 00:31:41.630 --> 00:31:42.860 align:start position:0% x 00:31:41.640 --> 00:31:42.850 align:start position:0% x of<00:31:41.760><c> a</c><00:31:41.880><c> sudden</c> 00:31:42.850 --> 00:31:45.120 align:start position:0% x 00:31:42.860 --> 00:31:45.110 align:start position:0% x unhygienics<00:31:43.860><c> and</c><00:31:44.039><c> fully</c><00:31:44.399><c> automatics</c><00:31:44.820><c> now</c> 00:31:45.110 --> 00:31:46.679 align:start position:0% x 00:31:45.120 --> 00:31:46.669 align:start position:0% x working<00:31:45.299><c> for</c><00:31:45.539><c> Wall</c><00:31:45.899><c> Street</c><00:31:46.019><c> mortgages</c><00:31:46.500><c> and</c> 00:31:46.669 --> 00:31:48.179 align:start position:0% x 00:31:46.679 --> 00:31:48.169 align:start position:0% x bear<00:31:46.860><c> Stearns</c><00:31:47.340><c> came</c><00:31:47.519><c> home</c><00:31:47.640><c> the</c><00:31:47.880><c> village</c><00:31:48.000><c> and</c> 00:31:48.169 --> 00:31:49.200 align:start position:0% x 00:31:48.179 --> 00:31:49.190 align:start position:0% x said<00:31:48.360><c> they're</c><00:31:48.480><c> not</c><00:31:48.659><c> buying</c><00:31:48.899><c> any</c><00:31:49.019><c> more</c> 00:31:49.190 --> 00:31:51.240 align:start position:0% x 00:31:49.200 --> 00:31:51.230 align:start position:0% x mortgages<00:31:49.620><c> and</c><00:31:50.340><c> all</c><00:31:50.519><c> of</c><00:31:50.640><c> a</c><00:31:50.700><c> sudden</c><00:31:50.760><c> the</c><00:31:51.059><c> whole</c> 00:31:51.230 --> 00:31:52.860 align:start position:0% x 00:31:51.240 --> 00:31:52.850 align:start position:0% x system<00:31:51.419><c> that</c><00:31:51.720><c> was</c><00:31:51.899><c> funneling</c><00:31:52.380><c> this</c><00:31:52.559><c> money</c> 00:31:52.850 --> 00:31:55.320 align:start position:0% x 00:31:52.860 --> 00:31:55.310 align:start position:0% x from<00:31:53.460><c> the</c><00:31:53.640><c> borrowers</c><00:31:54.120><c> uh</c><00:31:54.899><c> through</c><00:31:55.080><c> the</c> 00:31:55.310 --> 00:31:57.840 align:start position:0% x 00:31:55.320 --> 00:31:57.830 align:start position:0% x special<00:31:55.559><c> investment</c><00:31:56.100><c> vehicle</c><00:31:56.580><c> stopped</c><00:31:57.539><c> and</c> 00:31:57.830 --> 00:31:59.940 align:start position:0% x 00:31:57.840 --> 00:31:59.930 align:start position:0% x all<00:31:58.080><c> of</c><00:31:58.200><c> a</c><00:31:58.260><c> sudden</c><00:31:58.320><c> then</c><00:31:58.620><c> a</c><00:31:58.980><c> crisis</c><00:31:59.340><c> of</c> 00:31:59.930 --> 00:32:03.539 align:start position:0% x 00:31:59.940 --> 00:32:03.529 align:start position:0% x confidence<00:32:00.360><c> arose</c><00:32:00.899><c> in</c><00:32:01.140><c> the</c><00:32:01.320><c> markets</c><00:32:01.740><c> and</c><00:32:02.539><c> from</c> 00:32:03.529 --> 00:32:05.100 align:start position:0% x 00:32:03.539 --> 00:32:05.090 align:start position:0% x your<00:32:03.779><c> perspective</c><00:32:04.260><c> probably</c><00:32:04.620><c> what</c><00:32:04.919><c> you</c> 00:32:05.090 --> 00:32:07.380 align:start position:0% x 00:32:05.100 --> 00:32:07.370 align:start position:0% x experienced<00:32:05.700><c> was</c><00:32:06.419><c> that</c><00:32:06.779><c> collapse</c><00:32:07.200><c> and</c> 00:32:07.370 --> 00:32:09.120 align:start position:0% x 00:32:07.380 --> 00:32:09.110 align:start position:0% x housing<00:32:07.740><c> prices</c><00:32:07.919><c> all</c><00:32:08.640><c> around</c><00:32:08.760><c> the</c><00:32:09.000><c> United</c> 00:32:09.110 --> 00:32:11.700 align:start position:0% x 00:32:09.120 --> 00:32:11.690 align:start position:0% x States<00:32:09.480><c> New</c><00:32:10.320><c> Zealand</c><00:32:10.620><c> Australia</c><00:32:11.279><c> all</c><00:32:11.580><c> around</c> 00:32:11.690 --> 00:32:14.179 align:start position:0% x 00:32:11.700 --> 00:32:14.169 align:start position:0% x the<00:32:11.940><c> world</c><00:32:12.059><c> has</c><00:32:12.659><c> collapsed</c><00:32:13.260><c> in</c><00:32:13.620><c> housing</c> 00:32:14.169 --> 00:32:16.380 align:start position:0% x 00:32:14.179 --> 00:32:16.370 align:start position:0% x evolved<00:32:15.179><c> now</c><00:32:15.419><c> that's</c><00:32:15.600><c> a</c><00:32:15.779><c> problem</c><00:32:15.899><c> because</c><00:32:16.200><c> now</c> 00:32:16.370 --> 00:32:18.360 align:start position:0% x 00:32:16.380 --> 00:32:18.350 align:start position:0% x some<00:32:16.860><c> people</c><00:32:16.980><c> got</c><00:32:17.279><c> negative</c><00:32:17.580><c> equity</c><00:32:17.940><c> in</c><00:32:18.120><c> their</c> 00:32:18.350 --> 00:32:20.640 align:start position:0% x 00:32:18.360 --> 00:32:20.630 align:start position:0% x homes<00:32:18.539><c> the</c><00:32:19.380><c> you</c><00:32:19.799><c> can't</c><00:32:19.919><c> borrow</c><00:32:20.100><c> money</c><00:32:20.399><c> anymore</c> 00:32:20.630 --> 00:32:22.860 align:start position:0% x 00:32:20.640 --> 00:32:22.850 align:start position:0% x and<00:32:21.299><c> the</c><00:32:21.480><c> whole</c><00:32:21.600><c> system's</c><00:32:22.019><c> come</c><00:32:22.260><c> to</c><00:32:22.320><c> a</c><00:32:22.500><c> crisis</c> 00:32:22.850 --> 00:32:24.179 align:start position:0% x 00:32:22.860 --> 00:32:24.169 align:start position:0% x point 00:32:24.169 --> 00:32:26.279 align:start position:0% x 00:32:24.179 --> 00:32:26.269 align:start position:0% x stock<00:32:24.720><c> market</c><00:32:24.960><c> ends</c><00:32:25.440><c> up</c><00:32:25.500><c> looking</c><00:32:25.740><c> like</c><00:32:26.039><c> that</c> 00:32:26.269 --> 00:32:31.220 align:start position:0% x 00:32:26.279 --> 00:32:31.220 align:start position:0% x you<00:32:27.120><c> start</c><00:32:27.360><c> seeing</c><00:32:27.720><c> headlines</c><00:32:28.140><c> like</c><00:32:28.980><c> that</c> 00:32:33.049 --> 00:32:33.049 align:start position:0% x 00:32:33.059 --> 00:32:36.529 align:start position:0% x so<00:32:33.539><c> that</c><00:32:33.840><c> essentially</c><00:32:34.380><c> is</c><00:32:35.039><c> the</c><00:32:35.340><c> basic</c> 00:32:36.529 --> 00:32:38.880 align:start position:0% x 00:32:36.539 --> 00:32:38.870 align:start position:0% x the<00:32:36.960><c> basic</c><00:32:37.320><c> principles</c><00:32:37.679><c> the</c><00:32:37.980><c> basic</c><00:32:38.340><c> drivers</c> 00:32:38.870 --> 00:32:42.120 align:start position:0% x 00:32:38.880 --> 00:32:42.110 align:start position:0% x of<00:32:39.480><c> what</c><00:32:39.720><c> created</c><00:32:40.140><c> and</c><00:32:40.919><c> then</c><00:32:41.039><c> initiated</c><00:32:41.700><c> for</c> 00:32:42.110 --> 00:32:44.220 align:start position:0% x 00:32:42.120 --> 00:32:44.210 align:start position:0% x Global<00:32:42.539><c> financial</c><00:32:42.779><c> crisis</c><00:32:43.380><c> it</c><00:32:43.620><c> was</c><00:32:43.740><c> a</c><00:32:43.860><c> crisis</c> 00:32:44.210 --> 00:32:46.140 align:start position:0% x 00:32:44.220 --> 00:32:46.130 align:start position:0% x in<00:32:44.880><c> confidence</c> 00:32:46.130 --> 00:32:48.480 align:start position:0% x 00:32:46.140 --> 00:32:48.470 align:start position:0% x now 00:32:48.470 --> 00:32:52.399 align:start position:0% x 00:32:48.480 --> 00:32:52.399 align:start position:0% x what<00:32:49.019><c> that</c><00:32:49.140><c> meant</c><00:32:49.440><c> I</c><00:32:49.620><c> will</c><00:32:49.740><c> skip</c><00:32:49.980><c> over</c><00:32:50.159><c> that</c> 00:32:54.350 --> 00:32:54.350 align:start position:0% x 00:32:54.360 --> 00:32:57.350 align:start position:0% x markets<00:32:55.080><c> bounce</c><00:32:55.320><c> back</c><00:32:55.500><c> of</c><00:32:55.740><c> course</c> 00:32:57.350 --> 00:32:59.279 align:start position:0% x 00:32:57.360 --> 00:32:59.269 align:start position:0% x the<00:32:57.899><c> Great</c><00:32:58.080><c> Depression</c><00:32:58.679><c> all</c><00:32:58.860><c> over</c><00:32:59.039><c> again</c> 00:32:59.269 --> 00:33:00.600 align:start position:0% x 00:32:59.279 --> 00:33:00.590 align:start position:0% x didn't<00:32:59.640><c> happen</c> 00:33:00.590 --> 00:33:02.760 align:start position:0% x 00:33:00.600 --> 00:33:02.750 align:start position:0% x the<00:33:01.019><c> end</c><00:33:01.260><c> of</c><00:33:01.440><c> capitalism</c><00:33:01.980><c> the</c><00:33:02.640><c> great</c> 00:33:02.750 --> 00:33:05.640 align:start position:0% x 00:33:02.760 --> 00:33:05.630 align:start position:0% x experiment<00:33:03.299><c> didn't</c><00:33:03.720><c> happen</c><00:33:04.039><c> things</c><00:33:05.039><c> settled</c> 00:33:05.630 --> 00:33:07.019 align:start position:0% x 00:33:05.640 --> 00:33:07.009 align:start position:0% x down 00:33:07.009 --> 00:33:08.700 align:start position:0% x 00:33:07.019 --> 00:33:08.690 align:start position:0% x there<00:33:07.500><c> are</c><00:33:07.620><c> debt</c><00:33:07.860><c> problems</c><00:33:08.220><c> scattered</c> 00:33:08.690 --> 00:33:10.140 align:start position:0% x 00:33:08.700 --> 00:33:10.130 align:start position:0% x throughout<00:33:09.059><c> the</c><00:33:09.179><c> world</c><00:33:09.360><c> but</c><00:33:09.840><c> everyone</c> 00:33:10.130 --> 00:33:12.059 align:start position:0% x 00:33:10.140 --> 00:33:12.049 align:start position:0% x breathed<00:33:10.740><c> the</c><00:33:10.860><c> sigh</c><00:33:11.039><c> of</c><00:33:11.220><c> relief</c><00:33:11.580><c> if</c><00:33:11.940><c> you're</c> 00:33:12.049 --> 00:33:13.440 align:start position:0% x 00:33:12.059 --> 00:33:13.430 align:start position:0% x Australians<00:33:12.539><c> they</c><00:33:12.720><c> went</c><00:33:12.899><c> hey</c><00:33:13.019><c> we've</c><00:33:13.440><c> been</c> 00:33:13.430 --> 00:33:16.320 align:start position:0% x 00:33:13.440 --> 00:33:16.310 align:start position:0% x even<00:33:13.559><c> got</c><00:33:13.799><c> a</c><00:33:13.919><c> recession</c><00:33:14.279><c> and</c><00:33:15.000><c> they</c><00:33:15.120><c> didn't</c> 00:33:16.310 --> 00:33:17.880 align:start position:0% x 00:33:16.320 --> 00:33:17.870 align:start position:0% x um<00:33:16.380><c> mainly</c><00:33:16.799><c> because</c><00:33:16.919><c> China</c><00:33:17.220><c> was</c><00:33:17.460><c> buying</c><00:33:17.760><c> up</c> 00:33:17.870 --> 00:33:19.980 align:start position:0% x 00:33:17.880 --> 00:33:19.970 align:start position:0% x all<00:33:18.000><c> the</c><00:33:18.120><c> Commodities</c><00:33:18.539><c> at</c><00:33:18.840><c> a</c><00:33:19.080><c> great</c><00:33:19.140><c> rate</c><00:33:19.380><c> so</c> 00:33:19.970 --> 00:33:21.960 align:start position:0% x 00:33:19.980 --> 00:33:21.950 align:start position:0% x you<00:33:20.460><c> know</c><00:33:20.580><c> it</c><00:33:20.940><c> seemed</c><00:33:21.240><c> as</c><00:33:21.299><c> if</c><00:33:21.480><c> well</c><00:33:21.659><c> you</c><00:33:21.899><c> know</c> 00:33:21.950 --> 00:33:23.640 align:start position:0% x 00:33:21.960 --> 00:33:23.630 align:start position:0% x it<00:33:22.140><c> didn't</c><00:33:22.320><c> actually</c><00:33:22.500><c> eventuate</c><00:33:23.159><c> afterwards</c> 00:33:23.630 --> 00:33:26.100 align:start position:0% x 00:33:23.640 --> 00:33:26.090 align:start position:0% x after<00:33:23.880><c> all</c><00:33:24.240><c> of</c><00:33:24.539><c> this</c><00:33:24.720><c> panic</c> 00:33:26.090 --> 00:33:28.919 align:start position:0% x 00:33:26.100 --> 00:33:28.909 align:start position:0% x well<00:33:26.940><c> what's</c><00:33:27.659><c> likely</c><00:33:28.080><c> to</c><00:33:28.200><c> happen</c><00:33:28.380><c> now</c><00:33:28.679><c> well</c> 00:33:28.909 --> 00:33:31.679 align:start position:0% x 00:33:28.919 --> 00:33:31.669 align:start position:0% x you<00:33:29.159><c> know</c><00:33:29.279><c> we</c><00:33:29.460><c> don't</c><00:33:29.519><c> know</c><00:33:29.700><c> of</c><00:33:29.940><c> course</c> 00:33:31.669 --> 00:33:33.419 align:start position:0% x 00:33:31.679 --> 00:33:33.409 align:start position:0% x it's<00:33:32.039><c> the</c><00:33:32.279><c> old</c><00:33:32.399><c> joke</c><00:33:32.640><c> goes</c><00:33:32.940><c> you</c><00:33:33.059><c> put</c><00:33:33.240><c> two</c> 00:33:33.409 --> 00:33:35.159 align:start position:0% x 00:33:33.419 --> 00:33:35.149 align:start position:0% x economists<00:33:34.019><c> in</c><00:33:34.260><c> a</c><00:33:34.380><c> room</c><00:33:34.559><c> and</c><00:33:34.740><c> get</c><00:33:34.919><c> five</c> 00:33:35.149 --> 00:33:36.600 align:start position:0% x 00:33:35.159 --> 00:33:36.590 align:start position:0% x opinions 00:33:36.590 --> 00:33:37.440 align:start position:0% x 00:33:36.600 --> 00:33:37.430 align:start position:0% x um 00:33:37.430 --> 00:33:40.440 align:start position:0% x 00:33:37.440 --> 00:33:40.430 align:start position:0% x nobody<00:33:38.220><c> knows</c><00:33:38.640><c> what's</c><00:33:39.000><c> going</c><00:33:39.240><c> to</c><00:33:39.360><c> happen</c> 00:33:40.430 --> 00:33:43.559 align:start position:0% x 00:33:40.440 --> 00:33:43.549 align:start position:0% x but<00:33:41.039><c> let's</c><00:33:41.640><c> just</c><00:33:41.820><c> look</c><00:33:41.940><c> at</c><00:33:42.120><c> the</c><00:33:42.240><c> sick</c><00:33:42.419><c> ones</c> 00:33:43.549 --> 00:33:46.380 align:start position:0% x 00:33:43.559 --> 00:33:46.370 align:start position:0% x crises<00:33:44.279><c> Are</c><00:33:44.580><c> Not</c><00:33:44.700><c> Unusual</c><00:33:45.240><c> if</c><00:33:45.659><c> we</c><00:33:45.899><c> go</c><00:33:46.080><c> back</c><00:33:46.200><c> to</c> 00:33:46.370 --> 00:33:48.960 align:start position:0% x 00:33:46.380 --> 00:33:48.950 align:start position:0% x 1973<00:33:47.220><c> I</c><00:33:48.179><c> can't</c><00:33:48.299><c> remember</c><00:33:48.480><c> this</c><00:33:48.779><c> because</c> 00:33:48.950 --> 00:33:50.940 align:start position:0% x 00:33:48.960 --> 00:33:50.930 align:start position:0% x there's<00:33:49.200><c> four</c><00:33:49.440><c> but</c><00:33:49.740><c> I</c><00:33:49.919><c> do</c><00:33:50.100><c> remember</c><00:33:50.279><c> studying</c> 00:33:50.930 --> 00:33:53.100 align:start position:0% x 00:33:50.940 --> 00:33:53.090 align:start position:0% x it<00:33:51.120><c> there</c><00:33:51.720><c> was</c><00:33:51.899><c> the</c><00:33:51.960><c> oil</c><00:33:52.080><c> crisis</c><00:33:52.559><c> an</c><00:33:52.740><c> inflation</c> 00:33:53.090 --> 00:33:55.679 align:start position:0% x 00:33:53.100 --> 00:33:55.669 align:start position:0% x shot<00:33:53.340><c> they</c><00:33:53.519><c> call</c><00:33:53.700><c> a</c><00:33:53.820><c> supply</c><00:33:54.059><c> side</c><00:33:54.360><c> shop</c><00:33:55.200><c> of</c> 00:33:55.669 --> 00:33:59.519 align:start position:0% x 00:33:55.679 --> 00:33:59.509 align:start position:0% x course<00:33:55.860><c> it</c><00:33:56.640><c> was</c><00:33:56.760><c> related</c><00:33:57.179><c> to</c><00:33:57.779><c> a</c><00:33:58.140><c> Israeli</c><00:33:59.039><c> Arab</c> 00:33:59.509 --> 00:34:01.500 align:start position:0% x 00:33:59.519 --> 00:34:01.490 align:start position:0% x conflict<00:33:59.940><c> there</c><00:34:00.240><c> was</c><00:34:00.419><c> a</c><00:34:00.600><c> massive</c><00:34:00.840><c> rise</c><00:34:01.200><c> in</c><00:34:01.380><c> the</c> 00:34:01.490 --> 00:34:03.720 align:start position:0% x 00:34:01.500 --> 00:34:03.710 align:start position:0% x value<00:34:01.679><c> of</c><00:34:01.980><c> oil</c><00:34:02.159><c> and</c><00:34:02.700><c> energy</c><00:34:02.880><c> per</c><00:34:03.299><c> se</c><00:34:03.480><c> and</c> 00:34:03.710 --> 00:34:05.760 align:start position:0% x 00:34:03.720 --> 00:34:05.750 align:start position:0% x therefore<00:34:03.960><c> an</c><00:34:04.080><c> inflation</c><00:34:04.380><c> shock</c><00:34:04.679><c> but</c><00:34:04.860><c> that</c> 00:34:05.750 --> 00:34:08.159 align:start position:0% x 00:34:05.760 --> 00:34:08.149 align:start position:0% x that<00:34:06.059><c> proceeded</c><00:34:06.899><c> around</c><00:34:07.019><c> the</c><00:34:07.260><c> world</c><00:34:07.320><c> 1987</c> 00:34:08.149 --> 00:34:10.560 align:start position:0% x 00:34:08.159 --> 00:34:10.550 align:start position:0% x stock<00:34:08.579><c> market</c><00:34:08.820><c> crash</c><00:34:09.300><c> 92</c><00:34:09.780><c> the</c><00:34:10.079><c> Savings</c><00:34:10.379><c> and</c> 00:34:10.550 --> 00:34:13.379 align:start position:0% x 00:34:10.560 --> 00:34:13.369 align:start position:0% x Loans<00:34:10.859><c> crisis</c><00:34:11.220><c> 1990</c><00:34:11.940><c> 798</c><00:34:12.419><c> the</c><00:34:12.659><c> Asian</c><00:34:13.020><c> crisis</c> 00:34:13.369 --> 00:34:16.079 align:start position:0% x 00:34:13.379 --> 00:34:16.069 align:start position:0% x in<00:34:13.619><c> Russian</c><00:34:13.919><c> default</c><00:34:14.399><c> 2003</c><00:34:15.359><c> The</c><00:34:15.599><c> Tech</c><00:34:15.780><c> rec</c> 00:34:16.069 --> 00:34:19.020 align:start position:0% x 00:34:16.079 --> 00:34:19.010 align:start position:0% x 2008<00:34:16.740><c> 2010</c><00:34:17.399><c> the</c><00:34:17.879><c> global</c><00:34:18.240><c> financial</c><00:34:18.419><c> crisis</c> 00:34:19.010 --> 00:34:20.940 align:start position:0% x 00:34:19.020 --> 00:34:20.930 align:start position:0% x and<00:34:19.260><c> recession</c><00:34:19.679><c> you</c><00:34:20.220><c> know</c><00:34:20.339><c> these</c><00:34:20.639><c> things</c><00:34:20.700><c> are</c> 00:34:20.930 --> 00:34:22.200 align:start position:0% x 00:34:20.940 --> 00:34:22.190 align:start position:0% x not<00:34:21.119><c> usual</c> 00:34:22.190 --> 00:34:23.820 align:start position:0% x 00:34:22.200 --> 00:34:23.810 align:start position:0% x the<00:34:22.679><c> systems</c><00:34:22.980><c> and</c><00:34:23.099><c> men</c><00:34:23.280><c> are</c><00:34:23.460><c> going</c><00:34:23.579><c> through</c> 00:34:23.810 --> 00:34:25.619 align:start position:0% x 00:34:23.820 --> 00:34:25.609 align:start position:0% x crises<00:34:24.359><c> all</c><00:34:24.659><c> the</c><00:34:24.780><c> time</c><00:34:24.899><c> you</c><00:34:25.079><c> know</c><00:34:25.260><c> each</c><00:34:25.379><c> time</c> 00:34:25.609 --> 00:34:26.940 align:start position:0% x 00:34:25.619 --> 00:34:26.930 align:start position:0% x they<00:34:25.800><c> come</c><00:34:25.919><c> about</c><00:34:26.099><c> it</c><00:34:26.339><c> they</c><00:34:26.460><c> breathe</c><00:34:26.700><c> a</c><00:34:26.820><c> sigh</c> 00:34:26.930 --> 00:34:29.879 align:start position:0% x 00:34:26.940 --> 00:34:29.869 align:start position:0% x of<00:34:27.119><c> relief</c><00:34:27.359><c> and</c><00:34:27.599><c> off</c><00:34:27.839><c> they</c><00:34:28.379><c> go</c><00:34:28.560><c> again</c><00:34:28.800><c> so</c><00:34:29.520><c> what</c> 00:34:29.869 --> 00:34:31.980 align:start position:0% x 00:34:29.879 --> 00:34:31.970 align:start position:0% x does<00:34:30.000><c> the</c><00:34:30.179><c> future</c><00:34:30.300><c> hold</c><00:34:30.659><c> well</c> 00:34:31.970 --> 00:34:34.500 align:start position:0% x 00:34:31.980 --> 00:34:34.490 align:start position:0% x we<00:34:32.579><c> don't</c><00:34:32.700><c> know</c><00:34:32.820><c> do</c><00:34:33.119><c> we</c><00:34:33.300><c> but</c><00:34:33.540><c> to</c><00:34:33.720><c> put</c><00:34:33.899><c> things</c><00:34:34.139><c> in</c> 00:34:34.490 --> 00:34:36.599 align:start position:0% x 00:34:34.500 --> 00:34:36.589 align:start position:0% x a<00:34:34.740><c> wider</c><00:34:35.220><c> perspective</c> 00:34:36.589 --> 00:34:38.339 align:start position:0% x 00:34:36.599 --> 00:34:38.329 align:start position:0% x what<00:34:37.020><c> I</c><00:34:37.139><c> did</c><00:34:37.200><c> is</c><00:34:37.379><c> I</c><00:34:37.500><c> took</c><00:34:37.679><c> Equity</c><00:34:38.099><c> Market</c> 00:34:38.329 --> 00:34:39.960 align:start position:0% x 00:34:38.339 --> 00:34:39.950 align:start position:0% x Jordan<00:34:38.700><c> so</c><00:34:39.060><c> basically</c><00:34:39.359><c> what</c><00:34:39.480><c> this</c><00:34:39.599><c> is</c><00:34:39.720><c> it</c> 00:34:39.950 --> 00:34:43.020 align:start position:0% x 00:34:39.960 --> 00:34:43.010 align:start position:0% x takes<00:34:40.079><c> the</c><00:34:40.379><c> peak</c><00:34:41.040><c> of</c><00:34:41.159><c> any</c><00:34:41.339><c> Equity</c><00:34:41.820><c> Market</c><00:34:42.060><c> move</c> 00:34:43.010 --> 00:34:45.540 align:start position:0% x 00:34:43.020 --> 00:34:45.530 align:start position:0% x upwards<00:34:43.619><c> then</c><00:34:44.280><c> measures</c><00:34:44.700><c> its</c><00:34:45.119><c> its</c><00:34:45.419><c> drop</c> 00:34:45.530 --> 00:34:47.879 align:start position:0% x 00:34:45.540 --> 00:34:47.869 align:start position:0% x afterwards<00:34:46.260><c> to</c><00:34:46.500><c> its</c><00:34:46.740><c> low</c><00:34:46.919><c> and</c><00:34:47.220><c> back</c><00:34:47.460><c> up</c><00:34:47.639><c> to</c> 00:34:47.869 --> 00:34:49.619 align:start position:0% x 00:34:47.879 --> 00:34:49.609 align:start position:0% x breaking<00:34:48.359><c> even</c><00:34:48.480><c> again</c><00:34:48.720><c> so</c><00:34:48.960><c> this</c><00:34:49.139><c> is</c><00:34:49.320><c> basically</c> 00:34:49.609 --> 00:34:51.780 align:start position:0% x 00:34:49.619 --> 00:34:51.770 align:start position:0% x showing<00:34:50.099><c> you</c><00:34:50.220><c> all</c><00:34:50.460><c> the</c><00:34:50.700><c> the</c><00:34:50.940><c> drawdowns</c><00:34:51.659><c> the</c> 00:34:51.770 --> 00:34:53.940 align:start position:0% x 00:34:51.780 --> 00:34:53.930 align:start position:0% x recessions<00:34:52.260><c> and</c><00:34:52.560><c> crises</c><00:34:52.980><c> and</c><00:34:53.220><c> stock</c><00:34:53.460><c> markets</c> 00:34:53.930 --> 00:34:57.300 align:start position:0% x 00:34:53.940 --> 00:34:57.290 align:start position:0% x going<00:34:54.119><c> all</c><00:34:54.300><c> the</c><00:34:54.419><c> way</c><00:34:54.540><c> back</c><00:34:54.780><c> to</c><00:34:55.320><c> 1901.</c><00:34:56.700><c> flank</c> 00:34:57.290 --> 00:34:58.680 align:start position:0% x 00:34:57.300 --> 00:34:58.670 align:start position:0% x that<00:34:57.480><c> out</c><00:34:57.660><c> for</c><00:34:57.839><c> a</c><00:34:57.960><c> reason</c><00:34:58.020><c> because</c><00:34:58.260><c> it's</c><00:34:58.500><c> the</c> 00:34:58.670 --> 00:35:01.140 align:start position:0% x 00:34:58.680 --> 00:35:01.130 align:start position:0% x Great<00:34:58.859><c> Depression</c><00:34:59.339><c> on</c><00:35:00.300><c> the</c><00:35:00.420><c> right</c><00:35:00.660><c> hand</c><00:35:00.839><c> side</c> 00:35:01.130 --> 00:35:03.119 align:start position:0% x 00:35:01.140 --> 00:35:03.109 align:start position:0% x that<00:35:01.560><c> blue</c><00:35:01.740><c> line</c><00:35:01.920><c> You'll</c><00:35:02.280><c> see</c><00:35:02.400><c> stock</c><00:35:02.700><c> markets</c> 00:35:03.109 --> 00:35:05.400 align:start position:0% x 00:35:03.119 --> 00:35:05.390 align:start position:0% x fell<00:35:03.300><c> about</c><00:35:03.480><c> 50</c><00:35:03.839><c> percent</c><00:35:04.140><c> in</c><00:35:04.500><c> value</c><00:35:04.680><c> and</c><00:35:05.220><c> have</c> 00:35:05.390 --> 00:35:07.680 align:start position:0% x 00:35:05.400 --> 00:35:07.670 align:start position:0% x rebounded<00:35:06.000><c> so</c><00:35:06.240><c> in</c><00:35:06.599><c> the</c><00:35:06.780><c> big</c><00:35:06.960><c> scheme</c><00:35:07.440><c> of</c><00:35:07.500><c> things</c> 00:35:07.670 --> 00:35:10.500 align:start position:0% x 00:35:07.680 --> 00:35:10.490 align:start position:0% x you'll<00:35:08.040><c> notice</c><00:35:08.339><c> that</c><00:35:09.240><c> processes</c><00:35:10.079><c> like</c><00:35:10.320><c> this</c> 00:35:10.490 --> 00:35:13.140 align:start position:0% x 00:35:10.500 --> 00:35:13.130 align:start position:0% x were<00:35:10.800><c> fairly</c><00:35:11.220><c> frequent</c><00:35:11.640><c> through</c><00:35:12.000><c> that</c><00:35:12.300><c> 1900</c> 00:35:13.130 --> 00:35:18.060 align:start position:0% x 00:35:13.140 --> 00:35:18.050 align:start position:0% x through<00:35:13.619><c> to</c><00:35:13.920><c> 1930</c><00:35:14.579><c> period</c><00:35:15.140><c> again</c><00:35:16.140><c> 1970</c> 00:35:18.050 --> 00:35:20.000 align:start position:0% x 00:35:18.060 --> 00:35:19.990 align:start position:0% x 3 00:35:19.990 --> 00:35:23.579 align:start position:0% x 00:35:20.000 --> 00:35:23.569 align:start position:0% x crisis<00:35:21.000><c> you</c><00:35:21.540><c> can</c><00:35:21.660><c> see</c><00:35:21.900><c> 87</c><00:35:22.500><c> in</c><00:35:22.800><c> there</c><00:35:23.040><c> you</c><00:35:23.460><c> can</c> 00:35:23.569 --> 00:35:25.680 align:start position:0% x 00:35:23.579 --> 00:35:25.670 align:start position:0% x see<00:35:23.760><c> the</c><00:35:24.000><c> tech</c><00:35:24.180><c> wreck</c><00:35:24.540><c> in</c><00:35:24.839><c> there</c><00:35:25.020><c> so</c><00:35:25.260><c> you</c><00:35:25.560><c> know</c> 00:35:25.670 --> 00:35:27.780 align:start position:0% x 00:35:25.680 --> 00:35:27.770 align:start position:0% x you<00:35:25.920><c> can</c><00:35:26.040><c> see</c><00:35:26.220><c> the</c><00:35:26.520><c> context</c><00:35:26.820><c> It's</c><00:35:27.060><c> Not</c><00:35:27.240><c> Unusual</c> 00:35:27.770 --> 00:35:30.480 align:start position:0% x 00:35:27.780 --> 00:35:30.470 align:start position:0% x but<00:35:28.560><c> to</c><00:35:28.740><c> put</c><00:35:28.859><c> it</c><00:35:28.980><c> into</c><00:35:29.220><c> context</c><00:35:29.820><c> this</c><00:35:30.240><c> is</c><00:35:30.359><c> what</c> 00:35:30.470 --> 00:35:32.400 align:start position:0% x 00:35:30.480 --> 00:35:32.390 align:start position:0% x happened<00:35:30.660><c> in</c><00:35:30.900><c> the</c><00:35:31.020><c> Great</c><00:35:31.079><c> Depression</c> 00:35:32.390 --> 00:35:34.380 align:start position:0% x 00:35:32.400 --> 00:35:34.370 align:start position:0% x all<00:35:32.940><c> right</c><00:35:33.000><c> so</c><00:35:33.420><c> that's</c><00:35:33.660><c> what</c><00:35:33.960><c> people</c><00:35:34.140><c> were</c> 00:35:34.370 --> 00:35:35.880 align:start position:0% x 00:35:34.380 --> 00:35:35.870 align:start position:0% x panicking<00:35:34.800><c> about</c><00:35:34.980><c> that's</c><00:35:35.220><c> what</c><00:35:35.520><c> they</c><00:35:35.700><c> thought</c> 00:35:35.870 --> 00:35:37.859 align:start position:0% x 00:35:35.880 --> 00:35:37.849 align:start position:0% x was<00:35:36.119><c> going</c><00:35:36.359><c> to</c><00:35:36.480><c> occur</c> 00:35:37.849 --> 00:35:39.420 align:start position:0% x 00:35:37.859 --> 00:35:39.410 align:start position:0% x um<00:35:37.920><c> interesting</c><00:35:38.460><c> little</c><00:35:38.640><c> quote</c><00:35:39.000><c> here</c><00:35:39.240><c> and</c> 00:35:39.410 --> 00:35:40.619 align:start position:0% x 00:35:39.420 --> 00:35:40.609 align:start position:0% x statement<00:35:39.780><c> here</c> 00:35:40.609 --> 00:35:42.480 align:start position:0% x 00:35:40.619 --> 00:35:42.470 align:start position:0% x Ben<00:35:40.980><c> Bernanke</c><00:35:41.579><c> is</c><00:35:41.700><c> the</c><00:35:41.820><c> chairman</c><00:35:42.119><c> of</c><00:35:42.300><c> the</c> 00:35:42.470 --> 00:35:44.339 align:start position:0% x 00:35:42.480 --> 00:35:44.329 align:start position:0% x Federal<00:35:42.660><c> Reserve</c><00:35:43.260><c> here</c><00:35:43.980><c> in</c><00:35:44.099><c> the</c><00:35:44.220><c> United</c> 00:35:44.329 --> 00:35:46.619 align:start position:0% x 00:35:44.339 --> 00:35:46.609 align:start position:0% x States<00:35:44.700><c> and</c><00:35:45.480><c> there</c><00:35:45.660><c> was</c><00:35:45.780><c> a</c><00:35:45.960><c> birthday</c><00:35:46.079><c> bash</c> 00:35:46.609 --> 00:35:48.960 align:start position:0% x 00:35:46.619 --> 00:35:48.950 align:start position:0% x here<00:35:46.980><c> for</c><00:35:47.280><c> a</c><00:35:47.579><c> very</c><00:35:47.880><c> well-known</c><00:35:48.540><c> famous</c> 00:35:48.950 --> 00:35:51.300 align:start position:0% x 00:35:48.960 --> 00:35:51.290 align:start position:0% x economist<00:35:49.500><c> Milton</c><00:35:49.920><c> Friedman</c> 00:35:51.290 --> 00:35:53.160 align:start position:0% x 00:35:51.300 --> 00:35:53.150 align:start position:0% x um<00:35:51.359><c> and</c><00:35:51.780><c> he</c><00:35:52.020><c> made</c><00:35:52.200><c> this</c><00:35:52.500><c> an</c><00:35:52.680><c> interesting</c> 00:35:53.150 --> 00:35:55.200 align:start position:0% x 00:35:53.160 --> 00:35:55.190 align:start position:0% x statement<00:35:53.579><c> he</c><00:35:54.180><c> said</c><00:35:54.359><c> I'd</c><00:35:54.599><c> like</c><00:35:54.720><c> to</c><00:35:54.900><c> say</c><00:35:55.020><c> to</c> 00:35:55.190 --> 00:35:57.480 align:start position:0% x 00:35:55.200 --> 00:35:57.470 align:start position:0% x Milton<00:35:55.500><c> Friedman</c><00:35:55.859><c> Anna</c><00:35:56.280><c> Schwartz</c><00:35:56.820><c> regarding</c> 00:35:57.470 --> 00:35:59.760 align:start position:0% x 00:35:57.480 --> 00:35:59.750 align:start position:0% x the<00:35:57.660><c> Great</c><00:35:57.839><c> Depression</c><00:35:58.320><c> you're</c><00:35:58.980><c> right</c><00:35:59.220><c> we</c><00:35:59.520><c> did</c> 00:35:59.750 --> 00:36:01.740 align:start position:0% x 00:35:59.760 --> 00:36:01.730 align:start position:0% x it<00:35:59.880><c> we're</c><00:36:00.180><c> very</c><00:36:00.359><c> sorry</c><00:36:00.599><c> but</c><00:36:00.960><c> thanks</c><00:36:01.200><c> to</c><00:36:01.380><c> you</c><00:36:01.500><c> we</c> 00:36:01.730 --> 00:36:03.660 align:start position:0% x 00:36:01.740 --> 00:36:03.650 align:start position:0% x won't<00:36:01.859><c> do</c><00:36:02.099><c> it</c><00:36:02.280><c> again</c><00:36:02.520><c> you</c><00:36:03.000><c> know</c><00:36:03.119><c> I</c><00:36:03.240><c> mean</c><00:36:03.420><c> this</c> 00:36:03.650 --> 00:36:06.140 align:start position:0% x 00:36:03.660 --> 00:36:06.130 align:start position:0% x is<00:36:03.780><c> this</c><00:36:04.320><c> is</c><00:36:04.440><c> a</c><00:36:04.680><c> statement</c><00:36:04.980><c> he</c><00:36:05.220><c> made</c><00:36:05.400><c> because</c> 00:36:06.130 --> 00:36:08.460 align:start position:0% x 00:36:06.140 --> 00:36:08.450 align:start position:0% x Milton<00:36:07.140><c> Friedman</c><00:36:07.440><c> and</c><00:36:07.619><c> Schwartz</c><00:36:08.040><c> spent</c><00:36:08.280><c> much</c> 00:36:08.450 --> 00:36:10.200 align:start position:0% x 00:36:08.460 --> 00:36:10.190 align:start position:0% x of<00:36:08.579><c> their</c><00:36:08.760><c> life</c><00:36:09.000><c> looking</c><00:36:09.599><c> at</c><00:36:09.900><c> the</c><00:36:10.020><c> Great</c> 00:36:10.190 --> 00:36:12.240 align:start position:0% x 00:36:10.200 --> 00:36:12.230 align:start position:0% x Depression<00:36:10.680><c> and</c><00:36:10.859><c> what</c><00:36:11.099><c> caused</c><00:36:11.460><c> her</c><00:36:11.579><c> and</c><00:36:12.119><c> they</c> 00:36:12.230 --> 00:36:14.040 align:start position:0% x 00:36:12.240 --> 00:36:14.030 align:start position:0% x concluded<00:36:12.780><c> that</c><00:36:13.079><c> what</c><00:36:13.320><c> caused</c><00:36:13.740><c> it</c><00:36:13.859><c> was</c> 00:36:14.030 --> 00:36:16.200 align:start position:0% x 00:36:14.040 --> 00:36:16.190 align:start position:0% x actually<00:36:14.280><c> governments</c><00:36:14.940><c> and</c><00:36:15.119><c> the</c><00:36:15.300><c> action</c><00:36:15.599><c> of</c> 00:36:16.190 --> 00:36:18.480 align:start position:0% x 00:36:16.200 --> 00:36:18.470 align:start position:0% x governments<00:36:16.740><c> post</c><00:36:17.040><c> the</c><00:36:17.339><c> crisis</c><00:36:17.760><c> in</c><00:36:18.240><c> the</c><00:36:18.359><c> first</c> 00:36:18.470 --> 00:36:21.180 align:start position:0% x 00:36:18.480 --> 00:36:21.170 align:start position:0% x instance<00:36:18.920><c> Ben</c><00:36:19.920><c> Bernanke</c><00:36:20.520><c> being</c><00:36:20.700><c> the</c><00:36:20.880><c> chairman</c> 00:36:21.170 --> 00:36:23.280 align:start position:0% x 00:36:21.180 --> 00:36:23.270 align:start position:0% x of<00:36:21.300><c> the</c><00:36:21.420><c> FED</c><00:36:21.660><c> has</c><00:36:21.900><c> made</c><00:36:22.140><c> also</c><00:36:22.560><c> most</c><00:36:22.920><c> of</c><00:36:23.099><c> his</c> 00:36:23.270 --> 00:36:25.800 align:start position:0% x 00:36:23.280 --> 00:36:25.790 align:start position:0% x study<00:36:23.700><c> his</c><00:36:24.060><c> life</c><00:36:24.240><c> work</c><00:36:24.540><c> are</c><00:36:25.140><c> focused</c><00:36:25.619><c> on</c> 00:36:25.790 --> 00:36:28.500 align:start position:0% x 00:36:25.800 --> 00:36:28.490 align:start position:0% x depression<00:36:26.400><c> economics</c><00:36:26.880><c> so</c><00:36:27.240><c> there's</c><00:36:27.900><c> a</c><00:36:28.200><c> a</c> 00:36:28.490 --> 00:36:31.079 align:start position:0% x 00:36:28.500 --> 00:36:31.069 align:start position:0% x feeling<00:36:28.859><c> out</c><00:36:29.160><c> there</c><00:36:29.420><c> from</c><00:36:30.420><c> at</c><00:36:30.720><c> least</c><00:36:30.839><c> the</c> 00:36:31.069 --> 00:36:33.540 align:start position:0% x 00:36:31.079 --> 00:36:33.530 align:start position:0% x Federal<00:36:31.320><c> Reserve</c><00:36:31.920><c> there</c><00:36:32.099><c> that</c><00:36:32.400><c> that</c><00:36:32.700><c> the</c> 00:36:33.530 --> 00:36:35.880 align:start position:0% x 00:36:33.540 --> 00:36:35.870 align:start position:0% x reason<00:36:33.720><c> why</c><00:36:34.079><c> the</c><00:36:34.320><c> depression</c><00:36:34.800><c> occurred</c><00:36:35.339><c> was</c> 00:36:35.870 --> 00:36:37.740 align:start position:0% x 00:36:35.880 --> 00:36:37.730 align:start position:0% x because<00:36:36.119><c> of</c><00:36:36.420><c> the</c><00:36:36.599><c> subsequent</c><00:36:36.960><c> behavior</c><00:36:37.500><c> of</c> 00:36:37.730 --> 00:36:40.079 align:start position:0% x 00:36:37.740 --> 00:36:40.069 align:start position:0% x governments<00:36:38.280><c> around</c><00:36:38.579><c> the</c><00:36:38.880><c> world</c><00:36:39.060><c> and</c><00:36:39.780><c> he</c><00:36:39.960><c> was</c> 00:36:40.069 --> 00:36:42.240 align:start position:0% x 00:36:40.079 --> 00:36:42.230 align:start position:0% x determined<00:36:40.440><c> not</c><00:36:40.619><c> let</c><00:36:41.040><c> that</c><00:36:41.220><c> occur</c><00:36:41.579><c> and</c><00:36:41.940><c> by</c><00:36:42.119><c> the</c> 00:36:42.230 --> 00:36:45.119 align:start position:0% x 00:36:42.240 --> 00:36:45.109 align:start position:0% x way<00:36:42.300><c> what</c><00:36:42.540><c> that</c><00:36:42.720><c> meant</c><00:36:43.020><c> is</c><00:36:43.380><c> that</c><00:36:43.920><c> post</c><00:36:44.520><c> the</c> 00:36:45.109 --> 00:36:47.520 align:start position:0% x 00:36:45.119 --> 00:36:47.510 align:start position:0% x collapse<00:36:45.599><c> of</c><00:36:46.140><c> the</c><00:36:46.380><c> stock</c><00:36:46.619><c> market</c><00:36:46.859><c> before</c><00:36:47.220><c> the</c> 00:36:47.510 --> 00:36:49.380 align:start position:0% x 00:36:47.520 --> 00:36:49.370 align:start position:0% x depression<00:36:48.000><c> governments</c><00:36:48.780><c> all</c><00:36:48.960><c> then</c><00:36:49.140><c> raise</c> 00:36:49.370 --> 00:36:51.000 align:start position:0% x 00:36:49.380 --> 00:36:50.990 align:start position:0% x taxes 00:36:50.990 --> 00:36:53.579 align:start position:0% x 00:36:51.000 --> 00:36:53.569 align:start position:0% x they<00:36:51.839><c> began</c><00:36:52.079><c> to</c><00:36:52.260><c> spend</c><00:36:52.560><c> less</c> 00:36:53.569 --> 00:36:55.619 align:start position:0% x 00:36:53.579 --> 00:36:55.609 align:start position:0% x and<00:36:54.060><c> they</c><00:36:54.300><c> also</c><00:36:54.540><c> engaged</c><00:36:54.960><c> in</c><00:36:55.079><c> a</c><00:36:55.260><c> trade</c><00:36:55.500><c> War</c> 00:36:55.609 --> 00:36:57.540 align:start position:0% x 00:36:55.619 --> 00:36:57.530 align:start position:0% x basically<00:36:56.099><c> put</c><00:36:56.280><c> up</c><00:36:56.460><c> trade</c><00:36:56.760><c> barriers</c><00:36:57.180><c> to</c> 00:36:57.530 --> 00:36:59.040 align:start position:0% x 00:36:57.540 --> 00:36:59.030 align:start position:0% x protect<00:36:57.960><c> their</c><00:36:58.200><c> own</c><00:36:58.320><c> economy</c><00:36:58.680><c> from</c><00:36:58.859><c> everyone</c> 00:36:59.030 --> 00:37:00.900 align:start position:0% x 00:36:59.040 --> 00:37:00.890 align:start position:0% x else<00:36:59.339><c> which</c><00:36:59.640><c> created</c><00:37:00.119><c> the</c><00:37:00.300><c> Depression</c><00:37:00.720><c> was</c> 00:37:00.890 --> 00:37:04.920 align:start position:0% x 00:37:00.900 --> 00:37:04.910 align:start position:0% x his<00:37:01.079><c> argument</c><00:37:01.440><c> so</c><00:37:02.420><c> that's</c><00:37:03.420><c> the</c><00:37:03.780><c> the</c><00:37:04.260><c> scale</c><00:37:04.680><c> of</c> 00:37:04.910 --> 00:37:06.839 align:start position:0% x 00:37:04.920 --> 00:37:06.829 align:start position:0% x what<00:37:05.220><c> people</c><00:37:05.400><c> were</c><00:37:05.760><c> concerned</c><00:37:06.300><c> and</c><00:37:06.480><c> worried</c> 00:37:06.829 --> 00:37:08.339 align:start position:0% x 00:37:06.839 --> 00:37:08.329 align:start position:0% x about<00:37:07.020><c> if</c><00:37:07.380><c> you</c><00:37:07.560><c> if</c><00:37:07.800><c> you're</c><00:37:07.920><c> wondering</c><00:37:08.220><c> about</c> 00:37:08.329 --> 00:37:10.200 align:start position:0% x 00:37:08.339 --> 00:37:10.190 align:start position:0% x what<00:37:08.700><c> the</c><00:37:08.880><c> depression</c><00:37:09.359><c> really</c><00:37:09.599><c> meant</c><00:37:09.960><c> all</c> 00:37:10.190 --> 00:37:12.300 align:start position:0% x 00:37:10.200 --> 00:37:12.290 align:start position:0% x right<00:37:10.260><c> that</c><00:37:10.619><c> was</c><00:37:10.800><c> the</c><00:37:11.220><c> great</c><00:37:11.400><c> Nightmare</c><00:37:11.940><c> and</c> 00:37:12.290 --> 00:37:14.280 align:start position:0% x 00:37:12.300 --> 00:37:14.270 align:start position:0% x people<00:37:12.480><c> genuinely</c><00:37:13.140><c> were</c><00:37:13.440><c> believing</c><00:37:13.859><c> and</c> 00:37:14.270 --> 00:37:16.380 align:start position:0% x 00:37:14.280 --> 00:37:16.370 align:start position:0% x worried<00:37:14.640><c> about</c><00:37:14.760><c> that</c><00:37:15.060><c> occurring</c><00:37:15.599><c> so</c><00:37:16.200><c> the</c> 00:37:16.370 --> 00:37:18.000 align:start position:0% x 00:37:16.380 --> 00:37:17.990 align:start position:0% x question<00:37:16.560><c> as</c><00:37:16.800><c> well</c><00:37:16.980><c> was</c><00:37:17.220><c> that</c><00:37:17.400><c> catastrophe</c> 00:37:17.990 --> 00:37:21.420 align:start position:0% x 00:37:18.000 --> 00:37:21.410 align:start position:0% x avoided<00:37:18.599><c> well</c><00:37:18.900><c> it</c><00:37:19.200><c> appears</c><00:37:19.800><c> so</c><00:37:20.060><c> you</c><00:37:21.060><c> know</c><00:37:21.180><c> the</c> 00:37:21.410 --> 00:37:23.119 align:start position:0% x 00:37:21.420 --> 00:37:23.109 align:start position:0% x outcome 00:37:23.109 --> 00:37:26.760 align:start position:0% x 00:37:23.119 --> 00:37:26.750 align:start position:0% x seems<00:37:24.119><c> to</c><00:37:24.240><c> be</c><00:37:24.420><c> that</c><00:37:24.960><c> well</c><00:37:25.740><c> got</c><00:37:26.280><c> through</c><00:37:26.520><c> at</c> 00:37:26.750 --> 00:37:29.220 align:start position:0% x 00:37:26.760 --> 00:37:29.210 align:start position:0% x this<00:37:26.940><c> time</c><00:37:27.200><c> uh</c><00:37:28.200><c> let's</c><00:37:28.500><c> get</c><00:37:28.740><c> it</c><00:37:28.859><c> back</c><00:37:29.040><c> together</c> 00:37:29.210 --> 00:37:31.380 align:start position:0% x 00:37:29.220 --> 00:37:31.370 align:start position:0% x again<00:37:29.579><c> and</c><00:37:30.000><c> and</c><00:37:30.359><c> make</c><00:37:30.720><c> the</c><00:37:30.900><c> world</c><00:37:31.020><c> a</c><00:37:31.260><c> better</c> 00:37:31.370 --> 00:37:33.780 align:start position:0% x 00:37:31.380 --> 00:37:33.770 align:start position:0% x place<00:37:31.740><c> and</c><00:37:32.520><c> that's</c><00:37:32.940><c> their</c><00:37:33.180><c> attitude</c><00:37:33.660><c> and</c> 00:37:33.770 --> 00:37:36.480 align:start position:0% x 00:37:33.780 --> 00:37:36.470 align:start position:0% x approach<00:37:34.200><c> from</c><00:37:34.800><c> Heron</c><00:37:35.220><c> but</c><00:37:35.880><c> we</c><00:37:36.060><c> know</c><00:37:36.240><c> of</c> 00:37:36.470 --> 00:37:38.700 align:start position:0% x 00:37:36.480 --> 00:37:38.690 align:start position:0% x course<00:37:36.599><c> don't</c><00:37:36.900><c> we</c><00:37:37.140><c> that</c><00:37:37.740><c> we</c><00:37:37.980><c> expect</c><00:37:38.160><c> certain</c> 00:37:38.690 --> 00:37:41.339 align:start position:0% x 00:37:38.700 --> 00:37:41.329 align:start position:0% x things<00:37:39.119><c> at</c><00:37:39.780><c> the</c><00:37:40.020><c> return</c><00:37:40.440><c> of</c><00:37:40.740><c> Christ</c><00:37:40.920><c> and</c><00:37:41.160><c> what</c> 00:37:41.329 --> 00:37:42.720 align:start position:0% x 00:37:41.339 --> 00:37:42.710 align:start position:0% x I<00:37:41.400><c> want</c><00:37:41.520><c> to</c><00:37:41.640><c> do</c><00:37:41.700><c> now</c><00:37:41.880><c> is</c><00:37:42.060><c> just</c><00:37:42.240><c> go</c><00:37:42.540><c> through</c> 00:37:42.710 --> 00:37:44.880 align:start position:0% x 00:37:42.720 --> 00:37:44.870 align:start position:0% x three<00:37:43.320><c> or</c><00:37:43.500><c> four</c><00:37:43.680><c> slides</c><00:37:44.160><c> just</c><00:37:44.400><c> looking</c><00:37:44.579><c> at</c> 00:37:44.870 --> 00:37:48.420 align:start position:0% x 00:37:44.880 --> 00:37:48.410 align:start position:0% x some<00:37:45.240><c> key</c><00:37:45.660><c> entities</c><00:37:46.200><c> and</c><00:37:46.680><c> what</c><00:37:46.859><c> we</c><00:37:47.099><c> expect</c><00:37:47.420><c> the</c> 00:37:48.410 --> 00:37:50.280 align:start position:0% x 00:37:48.420 --> 00:37:50.270 align:start position:0% x estate<00:37:48.660><c> to</c><00:37:49.140><c> be</c><00:37:49.260><c> at</c><00:37:49.440><c> the</c><00:37:49.500><c> return</c><00:37:49.619><c> of</c><00:37:49.920><c> Christ</c><00:37:50.040><c> and</c> 00:37:50.270 --> 00:37:52.500 align:start position:0% x 00:37:50.280 --> 00:37:52.490 align:start position:0% x the<00:37:50.520><c> constant</c><00:37:51.000><c> context</c><00:37:51.480><c> of</c><00:37:51.660><c> financial</c><00:37:51.900><c> crisis</c> 00:37:52.490 --> 00:37:54.359 align:start position:0% x 00:37:52.500 --> 00:37:54.349 align:start position:0% x let's<00:37:53.040><c> look</c><00:37:53.220><c> at</c><00:37:53.339><c> the</c><00:37:53.460><c> equation</c> 00:37:54.349 --> 00:37:57.060 align:start position:0% x 00:37:54.359 --> 00:37:57.050 align:start position:0% x first<00:37:54.960><c> Thessalonians</c><00:37:55.680><c> chapter</c><00:37:55.859><c> five</c><00:37:56.220><c> of</c><00:37:56.880><c> the</c> 00:37:57.050 --> 00:37:59.099 align:start position:0% x 00:37:57.060 --> 00:37:59.089 align:start position:0% x times<00:37:57.300><c> and</c><00:37:57.599><c> Seasons</c><00:37:58.020><c> Brethren</c><00:37:58.500><c> you</c><00:37:58.740><c> have</c><00:37:58.859><c> no</c> 00:37:59.089 --> 00:38:01.140 align:start position:0% x 00:37:59.099 --> 00:38:01.130 align:start position:0% x need<00:37:59.280><c> that</c><00:37:59.460><c> I</c><00:37:59.579><c> write</c><00:37:59.760><c> to</c><00:38:00.000><c> you</c><00:38:00.119><c> yourselves</c><00:38:00.839><c> know</c> 00:38:01.130 --> 00:38:02.940 align:start position:0% x 00:38:01.140 --> 00:38:02.930 align:start position:0% x perfectly<00:38:01.560><c> that</c><00:38:01.800><c> the</c><00:38:01.980><c> day</c><00:38:02.099><c> of</c><00:38:02.280><c> the</c><00:38:02.400><c> Lord</c><00:38:02.520><c> comes</c> 00:38:02.930 --> 00:38:05.099 align:start position:0% x 00:38:02.940 --> 00:38:05.089 align:start position:0% x as<00:38:03.119><c> a</c><00:38:03.359><c> thief</c><00:38:03.599><c> in</c><00:38:03.839><c> the</c><00:38:04.020><c> night</c> 00:38:05.089 --> 00:38:07.140 align:start position:0% x 00:38:05.099 --> 00:38:07.130 align:start position:0% x when<00:38:05.579><c> they</c><00:38:05.760><c> shall</c><00:38:05.940><c> say</c><00:38:06.180><c> peace</c><00:38:06.599><c> and</c><00:38:06.720><c> safety</c> 00:38:07.130 --> 00:38:09.240 align:start position:0% x 00:38:07.140 --> 00:38:09.230 align:start position:0% x then<00:38:07.500><c> sudden</c><00:38:07.920><c> destruction</c><00:38:08.280><c> comes</c><00:38:08.880><c> upon</c><00:38:09.119><c> them</c> 00:38:09.230 --> 00:38:11.700 align:start position:0% x 00:38:09.240 --> 00:38:11.690 align:start position:0% x as<00:38:09.720><c> a</c><00:38:09.960><c> travail</c><00:38:10.380><c> upon</c><00:38:10.680><c> a</c><00:38:10.859><c> woman</c><00:38:10.980><c> with</c><00:38:11.160><c> child</c><00:38:11.460><c> and</c> 00:38:11.690 --> 00:38:14.099 align:start position:0% x 00:38:11.700 --> 00:38:14.089 align:start position:0% x they<00:38:11.880><c> shall</c><00:38:12.119><c> not</c><00:38:12.240><c> Escape</c><00:38:12.480><c> but</c><00:38:13.380><c> ye</c><00:38:13.500><c> Brethren</c> 00:38:14.089 --> 00:38:16.680 align:start position:0% x 00:38:14.099 --> 00:38:16.670 align:start position:0% x are<00:38:14.339><c> not</c><00:38:14.520><c> in</c><00:38:14.820><c> darkness</c><00:38:15.300><c> that</c><00:38:16.020><c> that</c><00:38:16.200><c> day</c><00:38:16.440><c> should</c> 00:38:16.670 --> 00:38:18.720 align:start position:0% x 00:38:16.680 --> 00:38:18.710 align:start position:0% x overtake<00:38:17.220><c> you</c><00:38:17.400><c> as</c><00:38:17.640><c> a</c><00:38:17.820><c> thief</c> 00:38:18.710 --> 00:38:21.660 align:start position:0% x 00:38:18.720 --> 00:38:21.650 align:start position:0% x so<00:38:19.320><c> Paul</c><00:38:19.859><c> was</c><00:38:20.160><c> very</c><00:38:20.460><c> explicitly</c><00:38:21.180><c> after</c><00:38:21.420><c> the</c> 00:38:21.650 --> 00:38:24.240 align:start position:0% x 00:38:21.660 --> 00:38:24.230 align:start position:0% x Thessalonians<00:38:22.320><c> that</c><00:38:22.859><c> we</c> 00:38:24.230 --> 00:38:26.700 align:start position:0% x 00:38:24.240 --> 00:38:26.690 align:start position:0% x as<00:38:24.960><c> the</c><00:38:25.200><c> Brethren</c><00:38:25.680><c> should</c><00:38:25.980><c> not</c><00:38:26.220><c> be</c><00:38:26.460><c> in</c> 00:38:26.690 --> 00:38:28.980 align:start position:0% x 00:38:26.700 --> 00:38:28.970 align:start position:0% x darkness<00:38:27.119><c> the</c><00:38:27.960><c> day</c><00:38:28.140><c> of</c><00:38:28.320><c> our</c><00:38:28.440><c> Lord's</c><00:38:28.800><c> return</c> 00:38:28.970 --> 00:38:31.920 align:start position:0% x 00:38:28.980 --> 00:38:31.910 align:start position:0% x should<00:38:29.520><c> not</c><00:38:29.760><c> come</c><00:38:30.060><c> as</c><00:38:30.420><c> a</c><00:38:30.660><c> thief</c><00:38:30.839><c> but</c><00:38:31.500><c> the</c><00:38:31.800><c> world</c> 00:38:31.910 --> 00:38:34.920 align:start position:0% x 00:38:31.920 --> 00:38:34.910 align:start position:0% x around<00:38:32.220><c> us</c><00:38:32.520><c> will</c><00:38:33.000><c> be</c><00:38:33.240><c> in</c><00:38:33.900><c> a</c><00:38:34.079><c> state</c><00:38:34.260><c> of</c><00:38:34.560><c> saying</c> 00:38:34.910 --> 00:38:37.079 align:start position:0% x 00:38:34.920 --> 00:38:37.069 align:start position:0% x peace<00:38:35.400><c> and</c><00:38:35.520><c> safety</c><00:38:36.000><c> when</c><00:38:36.660><c> the</c><00:38:36.900><c> final</c> 00:38:37.069 --> 00:38:40.880 align:start position:0% x 00:38:37.079 --> 00:38:40.880 align:start position:0% x destruction<00:38:37.500><c> or</c><00:38:37.800><c> cataclysm</c><00:38:38.460><c> comes</c> 00:38:42.109 --> 00:38:42.109 align:start position:0% x 00:38:42.119 --> 00:38:44.630 align:start position:0% x the<00:38:42.720><c> world</c><00:38:42.780><c> itself</c><00:38:43.200><c> says</c><00:38:43.680><c> Matthew</c><00:38:43.859><c> 24</c><00:38:44.220><c> is</c> 00:38:44.630 --> 00:38:46.740 align:start position:0% x 00:38:44.640 --> 00:38:46.730 align:start position:0% x going<00:38:44.820><c> to</c><00:38:44.940><c> be</c><00:38:45.000><c> in</c><00:38:45.119><c> this</c><00:38:45.300><c> state</c><00:38:45.540><c> as</c><00:38:46.079><c> the</c><00:38:46.380><c> days</c><00:38:46.500><c> of</c> 00:38:46.730 --> 00:38:48.599 align:start position:0% x 00:38:46.740 --> 00:38:48.589 align:start position:0% x Noah<00:38:47.160><c> were</c><00:38:47.280><c> so</c><00:38:47.700><c> shall</c><00:38:47.880><c> the</c><00:38:48.060><c> coming</c><00:38:48.180><c> of</c><00:38:48.420><c> the</c><00:38:48.480><c> son</c> 00:38:48.589 --> 00:38:50.579 align:start position:0% x 00:38:48.599 --> 00:38:50.569 align:start position:0% x of<00:38:48.780><c> man</c><00:38:48.900><c> be</c><00:38:49.140><c> as</c><00:38:49.619><c> in</c><00:38:49.920><c> the</c><00:38:50.040><c> days</c><00:38:50.160><c> that</c><00:38:50.460><c> were</c> 00:38:50.569 --> 00:38:52.020 align:start position:0% x 00:38:50.579 --> 00:38:52.010 align:start position:0% x before<00:38:50.760><c> the</c><00:38:51.060><c> flood</c><00:38:51.300><c> they</c><00:38:51.480><c> were</c><00:38:51.599><c> eating</c><00:38:51.839><c> and</c> 00:38:52.010 --> 00:38:53.520 align:start position:0% x 00:38:52.020 --> 00:38:53.510 align:start position:0% x drinking<00:38:52.320><c> marrying</c><00:38:52.740><c> giving</c><00:38:53.040><c> him</c><00:38:53.220><c> marriage</c> 00:38:53.510 --> 00:38:55.500 align:start position:0% x 00:38:53.520 --> 00:38:55.490 align:start position:0% x until<00:38:53.640><c> the</c><00:38:54.000><c> day</c><00:38:54.119><c> that</c><00:38:54.300><c> Noah</c><00:38:54.660><c> entered</c><00:38:55.020><c> the</c><00:38:55.140><c> Ark</c> 00:38:55.490 --> 00:38:57.480 align:start position:0% x 00:38:55.500 --> 00:38:57.470 align:start position:0% x knew<00:38:56.099><c> not</c><00:38:56.160><c> until</c><00:38:56.400><c> the</c><00:38:56.700><c> flood</c><00:38:56.940><c> came</c><00:38:57.060><c> and</c><00:38:57.300><c> took</c> 00:38:57.470 --> 00:38:59.700 align:start position:0% x 00:38:57.480 --> 00:38:59.690 align:start position:0% x them<00:38:57.599><c> all</c><00:38:57.780><c> away</c><00:38:58.020><c> so</c><00:38:58.740><c> shall</c><00:38:59.099><c> also</c><00:38:59.400><c> the</c><00:38:59.579><c> coming</c> 00:38:59.690 --> 00:39:01.520 align:start position:0% x 00:38:59.700 --> 00:39:01.510 align:start position:0% x of<00:38:59.940><c> the</c><00:39:00.060><c> son</c><00:39:00.240><c> of</c><00:39:00.420><c> man</c><00:39:00.540><c> be</c> 00:39:01.510 --> 00:39:04.800 align:start position:0% x 00:39:01.520 --> 00:39:04.790 align:start position:0% x unexpected<00:39:02.660><c> sudden</c><00:39:03.660><c> and</c><00:39:04.200><c> a</c><00:39:04.440><c> state</c><00:39:04.560><c> of</c> 00:39:04.790 --> 00:39:07.619 align:start position:0% x 00:39:04.800 --> 00:39:07.609 align:start position:0% x prosperity<00:39:05.280><c> and</c><00:39:05.640><c> normalcy</c><00:39:06.180><c> that's</c> 00:39:07.609 --> 00:39:11.220 align:start position:0% x 00:39:07.619 --> 00:39:11.210 align:start position:0% x the<00:39:07.980><c> coming</c><00:39:08.220><c> of</c><00:39:09.000><c> Christ</c><00:39:09.240><c> to</c><00:39:09.540><c> the</c><00:39:09.720><c> world</c> 00:39:11.210 --> 00:39:13.800 align:start position:0% x 00:39:11.220 --> 00:39:13.790 align:start position:0% x Ezekiel<00:39:12.119><c> 38</c><00:39:12.480><c> tells</c><00:39:12.900><c> us</c><00:39:12.960><c> what</c><00:39:13.200><c> we</c><00:39:13.320><c> expect</c><00:39:13.500><c> in</c> 00:39:13.790 --> 00:39:15.960 align:start position:0% x 00:39:13.800 --> 00:39:15.950 align:start position:0% x terms<00:39:14.099><c> of</c><00:39:14.220><c> the</c><00:39:14.339><c> Northern</c><00:39:14.579><c> Nevada</c><00:39:14.760><c> this</c><00:39:15.599><c> is</c><00:39:15.780><c> a</c> 00:39:15.950 --> 00:39:18.240 align:start position:0% x 00:39:15.960 --> 00:39:18.230 align:start position:0% x power<00:39:16.200><c> that</c><00:39:16.920><c> he</c><00:39:17.040><c> can</c><00:39:17.220><c> turn</c><00:39:17.400><c> back</c><00:39:17.579><c> put</c><00:39:17.820><c> hooks</c> 00:39:18.230 --> 00:39:20.099 align:start position:0% x 00:39:18.240 --> 00:39:20.089 align:start position:0% x into<00:39:18.359><c> thy</c><00:39:18.599><c> Jaws</c><00:39:18.960><c> bring</c><00:39:19.140><c> thee</c><00:39:19.500><c> forth</c><00:39:19.740><c> all</c><00:39:19.859><c> thine</c> 00:39:20.089 --> 00:39:21.900 align:start position:0% x 00:39:20.099 --> 00:39:21.890 align:start position:0% x Army<00:39:20.460><c> many</c><00:39:20.640><c> people</c><00:39:20.880><c> with</c><00:39:21.119><c> the</c><00:39:21.420><c> prepared</c> 00:39:21.890 --> 00:39:24.000 align:start position:0% x 00:39:21.900 --> 00:39:23.990 align:start position:0% x prepared<00:39:22.560><c> for</c><00:39:22.740><c> thyself</c><00:39:23.099><c> thou</c><00:39:23.520><c> and</c><00:39:23.700><c> all</c><00:39:23.820><c> thy</c> 00:39:23.990 --> 00:39:25.859 align:start position:0% x 00:39:24.000 --> 00:39:25.849 align:start position:0% x company<00:39:24.180><c> assembled</c><00:39:24.780><c> to</c><00:39:24.960><c> thee</c><00:39:25.260><c> a</c><00:39:25.440><c> guard</c><00:39:25.619><c> to</c> 00:39:25.849 --> 00:39:27.780 align:start position:0% x 00:39:25.859 --> 00:39:27.770 align:start position:0% x their<00:39:26.099><c> many</c><00:39:26.339><c> thou</c><00:39:27.000><c> shall</c><00:39:27.240><c> come</c><00:39:27.420><c> from</c><00:39:27.540><c> thy</c> 00:39:27.770 --> 00:39:29.339 align:start position:0% x 00:39:27.780 --> 00:39:29.329 align:start position:0% x place<00:39:27.960><c> out</c><00:39:28.200><c> the</c><00:39:28.440><c> north</c><00:39:28.560><c> part</c><00:39:28.800><c> so</c><00:39:29.040><c> there</c><00:39:29.280><c> are</c> 00:39:29.329 --> 00:39:30.900 align:start position:0% x 00:39:29.339 --> 00:39:30.890 align:start position:0% x many<00:39:29.460><c> people</c><00:39:29.700><c> with</c><00:39:29.940><c> the</c><00:39:30.119><c> all</c><00:39:30.300><c> of</c><00:39:30.420><c> them</c><00:39:30.540><c> riding</c> 00:39:30.890 --> 00:39:32.760 align:start position:0% x 00:39:30.900 --> 00:39:32.750 align:start position:0% x upon<00:39:31.140><c> horses</c><00:39:31.500><c> a</c><00:39:31.740><c> great</c><00:39:31.920><c> company</c><00:39:32.099><c> a</c><00:39:32.400><c> mighty</c> 00:39:32.750 --> 00:39:35.339 align:start position:0% x 00:39:32.760 --> 00:39:35.329 align:start position:0% x Army<00:39:33.119><c> so</c><00:39:33.420><c> we</c><00:39:33.660><c> expect</c><00:39:33.900><c> the</c><00:39:34.500><c> northern</c><00:39:34.740><c> Vader</c><00:39:35.160><c> to</c> 00:39:35.329 --> 00:39:38.040 align:start position:0% x 00:39:35.339 --> 00:39:38.030 align:start position:0% x be<00:39:35.520><c> economically</c><00:39:36.420><c> prosperous</c><00:39:37.140><c> so</c><00:39:37.740><c> it</c><00:39:37.859><c> can</c> 00:39:38.030 --> 00:39:41.760 align:start position:0% x 00:39:38.040 --> 00:39:41.750 align:start position:0% x become<00:39:38.339><c> and</c><00:39:38.640><c> be</c><00:39:38.880><c> a</c><00:39:39.300><c> military</c><00:39:39.480><c> Powerhouse</c> 00:39:41.750 --> 00:39:43.740 align:start position:0% x 00:39:41.760 --> 00:39:43.730 align:start position:0% x when<00:39:42.359><c> we</c><00:39:42.540><c> come</c><00:39:42.720><c> to</c><00:39:42.900><c> Europe</c> 00:39:43.730 --> 00:39:47.099 align:start position:0% x 00:39:43.740 --> 00:39:47.089 align:start position:0% x the<00:39:44.280><c> great</c><00:39:44.520><c> Babylon</c><00:39:45.420><c> we</c><00:39:46.260><c> expect</c><00:39:46.440><c> it</c><00:39:46.680><c> to</c><00:39:46.859><c> be</c><00:39:46.980><c> a</c> 00:39:47.089 --> 00:39:49.800 align:start position:0% x 00:39:47.099 --> 00:39:49.790 align:start position:0% x mighty<00:39:47.460><c> City</c><00:39:47.640><c> one</c><00:39:48.599><c> that's</c><00:39:48.780><c> of</c><00:39:49.020><c> merchandise</c> 00:39:49.790 --> 00:39:52.740 align:start position:0% x 00:39:49.800 --> 00:39:52.730 align:start position:0% x described<00:39:50.579><c> as</c><00:39:50.700><c> a</c><00:39:50.880><c> great</c><00:39:51.060><c> City</c><00:39:51.420><c> fine</c><00:39:52.020><c> linen</c> 00:39:52.730 --> 00:39:54.839 align:start position:0% x 00:39:52.740 --> 00:39:54.829 align:start position:0% x purple<00:39:53.040><c> Scarlet</c><00:39:53.640><c> debt</c><00:39:53.940><c> with</c><00:39:54.060><c> gold</c><00:39:54.300><c> precious</c> 00:39:54.829 --> 00:39:57.060 align:start position:0% x 00:39:54.839 --> 00:39:57.050 align:start position:0% x stones<00:39:55.200><c> pearls</c><00:39:55.800><c> and</c><00:39:56.280><c> in</c><00:39:56.460><c> one</c><00:39:56.640><c> hour</c><00:39:56.760><c> those</c> 00:39:57.050 --> 00:39:59.460 align:start position:0% x 00:39:57.060 --> 00:39:59.450 align:start position:0% x riches<00:39:57.480><c> will</c><00:39:57.660><c> come</c><00:39:57.839><c> to</c><00:39:58.020><c> nor</c><00:39:58.460><c> economic</c> 00:39:59.450 --> 00:40:01.320 align:start position:0% x 00:39:59.460 --> 00:40:01.310 align:start position:0% x Prosperity<00:40:00.060><c> is</c><00:40:00.359><c> the</c><00:40:00.540><c> message</c><00:40:00.720><c> that's</c><00:40:01.079><c> coming</c> 00:40:01.310 --> 00:40:04.200 align:start position:0% x 00:40:01.320 --> 00:40:04.190 align:start position:0% x through<00:40:01.680><c> all</c><00:40:02.280><c> of</c><00:40:02.460><c> these</c><00:40:02.820><c> passages</c> 00:40:04.190 --> 00:40:07.079 align:start position:0% x 00:40:04.200 --> 00:40:07.069 align:start position:0% x the<00:40:04.619><c> nation</c><00:40:04.859><c> of</c><00:40:05.040><c> Israel</c><00:40:05.460><c> it's</c><00:40:06.420><c> one</c><00:40:06.660><c> that's</c><00:40:06.839><c> now</c> 00:40:07.069 --> 00:40:09.240 align:start position:0% x 00:40:07.079 --> 00:40:09.230 align:start position:0% x inhabited<00:40:07.680><c> our</c><00:40:08.160><c> people</c><00:40:08.400><c> gathered</c><00:40:08.819><c> out</c><00:40:09.000><c> of</c><00:40:09.180><c> the</c> 00:40:09.230 --> 00:40:11.280 align:start position:0% x 00:40:09.240 --> 00:40:11.270 align:start position:0% x Nations<00:40:09.480><c> gotten</c><00:40:10.079><c> cattle</c><00:40:10.440><c> and</c><00:40:10.560><c> goods</c><00:40:10.859><c> dwelling</c> 00:40:11.270 --> 00:40:13.140 align:start position:0% x 00:40:11.280 --> 00:40:13.130 align:start position:0% x in<00:40:11.400><c> the</c><00:40:11.520><c> midst</c><00:40:11.819><c> of</c><00:40:11.880><c> the</c><00:40:12.060><c> land</c><00:40:12.180><c> economic</c> 00:40:13.130 --> 00:40:16.859 align:start position:0% x 00:40:13.140 --> 00:40:16.849 align:start position:0% x prosperity<00:40:13.800><c> and</c><00:40:14.640><c> safety</c><00:40:15.180><c> so</c><00:40:16.079><c> there's</c><00:40:16.619><c> a</c> 00:40:16.849 --> 00:40:18.540 align:start position:0% x 00:40:16.859 --> 00:40:18.530 align:start position:0% x message<00:40:16.980><c> coming</c><00:40:17.400><c> through</c><00:40:17.640><c> from</c><00:40:17.940><c> all</c><00:40:18.180><c> of</c><00:40:18.300><c> these</c> 00:40:18.530 --> 00:40:20.880 align:start position:0% x 00:40:18.540 --> 00:40:20.870 align:start position:0% x that<00:40:18.780><c> that's</c><00:40:19.140><c> the</c><00:40:19.319><c> state</c><00:40:19.560><c> of</c><00:40:19.740><c> the</c><00:40:19.859><c> world</c><00:40:20.040><c> at</c> 00:40:20.870 --> 00:40:24.060 align:start position:0% x 00:40:20.880 --> 00:40:24.050 align:start position:0% x the<00:40:21.060><c> end</c><00:40:21.180><c> and</c><00:40:21.660><c> then</c><00:40:21.839><c> the</c><00:40:22.260><c> cataclysm</c><00:40:22.920><c> comes</c> 00:40:24.050 --> 00:40:27.480 align:start position:0% x 00:40:24.060 --> 00:40:27.470 align:start position:0% x so<00:40:24.720><c> you</c><00:40:25.079><c> ask</c><00:40:25.319><c> that</c><00:40:25.560><c> in</c><00:40:25.740><c> that</c><00:40:26.339><c> question</c><00:40:26.579><c> is</c><00:40:27.300><c> this</c> 00:40:27.470 --> 00:40:30.060 align:start position:0% x 00:40:27.480 --> 00:40:30.050 align:start position:0% x the<00:40:27.720><c> end</c><00:40:27.900><c> of</c><00:40:28.079><c> capitalism</c><00:40:28.619><c> right</c><00:40:28.980><c> now</c><00:40:29.160><c> well</c> 00:40:30.050 --> 00:40:32.280 align:start position:0% x 00:40:30.060 --> 00:40:32.270 align:start position:0% x unlikely<00:40:30.839><c> but</c><00:40:31.079><c> of</c><00:40:31.260><c> course</c><00:40:31.440><c> whatever</c><00:40:31.920><c> God</c> 00:40:32.270 --> 00:40:34.079 align:start position:0% x 00:40:32.280 --> 00:40:34.069 align:start position:0% x wishes<00:40:32.640><c> to</c><00:40:32.819><c> happen</c><00:40:32.940><c> will</c><00:40:33.240><c> happen</c><00:40:33.480><c> but</c><00:40:33.839><c> there's</c> 00:40:34.069 --> 00:40:36.420 align:start position:0% x 00:40:34.079 --> 00:40:36.410 align:start position:0% x been<00:40:34.319><c> a</c><00:40:34.740><c> huge</c><00:40:35.040><c> government</c><00:40:35.280><c> policy</c><00:40:35.880><c> response</c> 00:40:36.410 --> 00:40:38.660 align:start position:0% x 00:40:36.420 --> 00:40:38.650 align:start position:0% x the<00:40:36.839><c> price</c><00:40:37.020><c> adjustments</c><00:40:37.740><c> largely</c><00:40:38.400><c> done</c> 00:40:38.650 --> 00:40:40.920 align:start position:0% x 00:40:38.660 --> 00:40:40.910 align:start position:0% x unlike<00:40:39.660><c> the</c><00:40:39.780><c> depression</c><00:40:40.200><c> there</c><00:40:40.380><c> hasn't</c><00:40:40.740><c> been</c> 00:40:40.910 --> 00:40:43.560 align:start position:0% x 00:40:40.920 --> 00:40:43.550 align:start position:0% x yet<00:40:41.339><c> a</c><00:40:41.640><c> global</c><00:40:42.000><c> trade</c><00:40:42.300><c> War</c><00:40:42.480><c> there's</c><00:40:43.079><c> been</c><00:40:43.319><c> no</c> 00:40:43.550 --> 00:40:45.240 align:start position:0% x 00:40:43.560 --> 00:40:45.230 align:start position:0% x formal<00:40:43.920><c> tightening</c><00:40:44.339><c> and</c><00:40:44.460><c> money</c><00:40:44.640><c> supply</c><00:40:44.880><c> by</c> 00:40:45.230 --> 00:40:47.280 align:start position:0% x 00:40:45.240 --> 00:40:47.270 align:start position:0% x increasing<00:40:45.720><c> taxes</c><00:40:46.260><c> or</c><00:40:46.859><c> etcetera</c><00:40:47.160><c> no</c> 00:40:47.270 --> 00:40:49.560 align:start position:0% x 00:40:47.280 --> 00:40:49.550 align:start position:0% x heightened<00:40:47.640><c> taxes</c><00:40:48.000><c> yet</c><00:40:48.660><c> but</c><00:40:49.020><c> who</c><00:40:49.260><c> knows</c> 00:40:49.550 --> 00:40:51.480 align:start position:0% x 00:40:49.560 --> 00:40:51.470 align:start position:0% x there's<00:40:49.980><c> a</c><00:40:50.220><c> very</c><00:40:50.339><c> large</c><00:40:50.579><c> deficit</c><00:40:51.180><c> in</c><00:40:51.300><c> this</c> 00:40:51.470 --> 00:40:53.520 align:start position:0% x 00:40:51.480 --> 00:40:53.510 align:start position:0% x country<00:40:51.660><c> and</c><00:40:52.200><c> somewhere</c><00:40:52.680><c> somehow</c><00:40:53.040><c> it</c><00:40:53.220><c> needs</c> 00:40:53.510 --> 00:40:54.780 align:start position:0% x 00:40:53.520 --> 00:40:54.770 align:start position:0% x to<00:40:53.579><c> be</c><00:40:53.700><c> funded</c> 00:40:54.770 --> 00:40:57.119 align:start position:0% x 00:40:54.780 --> 00:40:57.109 align:start position:0% x but<00:40:55.319><c> what's</c><00:40:55.740><c> most</c><00:40:56.040><c> likely</c><00:40:56.400><c> looking</c><00:40:56.579><c> at</c><00:40:56.819><c> all</c> 00:40:57.109 --> 00:40:59.460 align:start position:0% x 00:40:57.119 --> 00:40:59.450 align:start position:0% x the<00:40:57.240><c> previous</c><00:40:57.420><c> crises</c><00:40:58.140><c> is</c><00:40:58.560><c> a</c><00:40:58.920><c> slow</c><00:40:59.160><c> and</c> 00:40:59.450 --> 00:41:01.319 align:start position:0% x 00:40:59.460 --> 00:41:01.309 align:start position:0% x gradual<00:40:59.880><c> recovery</c><00:41:00.359><c> punctuated</c><00:41:00.960><c> by</c><00:41:01.200><c> about</c> 00:41:01.309 --> 00:41:03.540 align:start position:0% x 00:41:01.319 --> 00:41:03.530 align:start position:0% x zaris<00:41:01.920><c> conversion</c><00:41:02.520><c> and</c><00:41:02.940><c> that'll</c><00:41:03.240><c> be</c><00:41:03.359><c> related</c> 00:41:03.530 --> 00:41:05.400 align:start position:0% x 00:41:03.540 --> 00:41:05.390 align:start position:0% x to<00:41:03.780><c> high</c><00:41:03.900><c> debt</c><00:41:04.200><c> levels</c><00:41:04.560><c> and</c><00:41:04.740><c> concerns</c><00:41:05.220><c> about</c> 00:41:05.390 --> 00:41:07.400 align:start position:0% x 00:41:05.400 --> 00:41:07.390 align:start position:0% x it<00:41:05.700><c> sharp</c><00:41:06.480><c> short</c> 00:41:07.390 --> 00:41:10.800 align:start position:0% x 00:41:07.400 --> 00:41:10.790 align:start position:0% x reactions<00:41:08.400><c> but</c><00:41:09.060><c> followed</c><00:41:09.540><c> at</c><00:41:10.020><c> the</c><00:41:10.140><c> End</c><00:41:10.260><c> by</c><00:41:10.619><c> a</c> 00:41:10.790 --> 00:41:12.599 align:start position:0% x 00:41:10.800 --> 00:41:12.589 align:start position:0% x large<00:41:10.980><c> and</c><00:41:11.220><c> synchronized</c><00:41:11.880><c> Global</c><00:41:12.240><c> growth</c> 00:41:12.589 --> 00:41:14.040 align:start position:0% x 00:41:12.599 --> 00:41:14.030 align:start position:0% x cycle<00:41:12.839><c> that's</c><00:41:13.200><c> typically</c><00:41:13.619><c> what's</c><00:41:13.859><c> happened</c> 00:41:14.030 --> 00:41:16.859 align:start position:0% x 00:41:14.040 --> 00:41:16.849 align:start position:0% x after<00:41:14.579><c> these</c><00:41:15.000><c> sorts</c><00:41:15.240><c> of</c><00:41:15.300><c> crises</c><00:41:15.839><c> whereby</c><00:41:16.680><c> we</c> 00:41:16.849 --> 00:41:18.599 align:start position:0% x 00:41:16.859 --> 00:41:18.589 align:start position:0% x would<00:41:17.040><c> see</c><00:41:17.280><c> therefore</c><00:41:17.760><c> Russian</c><00:41:18.240><c> Europe</c> 00:41:18.589 --> 00:41:21.359 align:start position:0% x 00:41:18.599 --> 00:41:21.349 align:start position:0% x economically<00:41:19.260><c> militarily</c><00:41:20.040><c> powerful</c><00:41:20.460><c> Israel</c> 00:41:21.349 --> 00:41:23.339 align:start position:0% x 00:41:21.359 --> 00:41:23.329 align:start position:0% x at<00:41:21.599><c> peace</c><00:41:21.839><c> and</c><00:41:21.960><c> prosperous</c><00:41:22.500><c> the</c><00:41:23.040><c> world</c><00:41:23.160><c> and</c> 00:41:23.329 --> 00:41:25.619 align:start position:0% x 00:41:23.339 --> 00:41:25.609 align:start position:0% x economic<00:41:23.819><c> good</c><00:41:24.300><c> times</c><00:41:24.540><c> and</c><00:41:24.960><c> the</c><00:41:25.140><c> occlesia</c> 00:41:25.609 --> 00:41:29.780 align:start position:0% x 00:41:25.619 --> 00:41:29.770 align:start position:0% x world<00:41:25.880><c> great</c><00:41:26.880><c> great</c><00:41:27.240><c> risk</c><00:41:27.780><c> of</c><00:41:28.319><c> apathy</c><00:41:28.859><c> so</c> 00:41:29.770 --> 00:41:32.640 align:start position:0% x 00:41:29.780 --> 00:41:32.630 align:start position:0% x that's<00:41:30.780><c> in</c><00:41:31.500><c> a</c><00:41:31.619><c> nutshell</c><00:41:31.980><c> the</c><00:41:32.280><c> global</c> 00:41:32.630 --> 00:41:34.500 align:start position:0% x 00:41:32.640 --> 00:41:34.490 align:start position:0% x financial<00:41:32.819><c> crisis</c> 00:41:34.490 --> 00:41:37.020 align:start position:0% x 00:41:34.500 --> 00:41:37.010 align:start position:0% x what<00:41:34.980><c> I</c><00:41:35.160><c> want</c><00:41:35.280><c> to</c><00:41:35.400><c> do</c><00:41:35.520><c> is</c><00:41:35.640><c> look</c><00:41:35.880><c> now</c><00:41:36.180><c> at</c><00:41:36.780><c> two</c> 00:41:37.010 --> 00:41:39.240 align:start position:0% x 00:41:37.020 --> 00:41:39.230 align:start position:0% x related<00:41:37.500><c> things</c><00:41:37.800><c> that</c><00:41:38.160><c> fascinated</c><00:41:38.640><c> me</c><00:41:38.880><c> at</c><00:41:39.060><c> the</c> 00:41:39.230 --> 00:41:40.200 align:start position:0% x 00:41:39.240 --> 00:41:40.190 align:start position:0% x time 00:41:40.190 --> 00:41:43.619 align:start position:0% x 00:41:40.200 --> 00:41:43.609 align:start position:0% x I<00:41:40.500><c> think</c><00:41:40.619><c> we</c><00:41:40.800><c> still</c><00:41:40.980><c> got</c><00:41:41.099><c> 10</c><00:41:41.339><c> minutes</c><00:41:41.520><c> or</c><00:41:41.760><c> so</c><00:41:41.940><c> so</c> 00:41:43.609 --> 00:41:45.780 align:start position:0% x 00:41:43.619 --> 00:41:45.770 align:start position:0% x at<00:41:44.220><c> the</c><00:41:44.339><c> same</c><00:41:44.520><c> time</c> 00:41:45.770 --> 00:41:49.579 align:start position:0% x 00:41:45.780 --> 00:41:49.579 align:start position:0% x there<00:41:46.200><c> was</c><00:41:46.319><c> this</c><00:41:46.500><c> very</c><00:41:46.740><c> interesting</c><00:41:47.280><c> thing</c> 00:41:51.470 --> 00:41:51.470 align:start position:0% x 00:41:51.480 --> 00:41:53.690 align:start position:0% x I've<00:41:51.900><c> got</c><00:41:52.020><c> a</c><00:41:52.200><c> test</c><00:41:52.319><c> here</c><00:41:52.619><c> I</c><00:41:52.859><c> I</c><00:41:53.040><c> did</c><00:41:53.400><c> this</c><00:41:53.520><c> in</c> 00:41:53.690 --> 00:41:56.520 align:start position:0% x 00:41:53.700 --> 00:41:56.510 align:start position:0% x Sydney<00:41:54.119><c> and</c><00:41:54.660><c> guess</c><00:41:55.260><c> how</c><00:41:55.500><c> many</c><00:41:55.740><c> people</c><00:41:56.040><c> came</c><00:41:56.339><c> up</c> 00:41:56.510 --> 00:41:58.680 align:start position:0% x 00:41:56.520 --> 00:41:58.670 align:start position:0% x to<00:41:56.700><c> me</c><00:41:56.819><c> afterwards</c><00:41:57.240><c> tell</c><00:41:57.480><c> me</c><00:41:57.660><c> it</c><00:41:58.380><c> was</c><00:41:58.500><c> about</c> 00:41:58.670 --> 00:42:00.980 align:start position:0% x 00:41:58.680 --> 00:42:00.980 align:start position:0% x wrong 00:42:01.430 --> 00:42:01.430 align:start position:0% x 00:42:01.440 --> 00:42:03.130 align:start position:0% x that's<00:42:01.920><c> a</c><00:42:02.099><c> joke</c><00:42:02.280><c> right</c> 00:42:03.130 --> 00:42:05.280 align:start position:0% x 00:42:03.140 --> 00:42:05.270 align:start position:0% x pigs<00:42:04.140><c> fly</c> 00:42:05.270 --> 00:42:08.220 align:start position:0% x 00:42:05.280 --> 00:42:08.210 align:start position:0% x the<00:42:05.880><c> swine</c><00:42:06.180><c> flu</c> 00:42:08.210 --> 00:42:10.560 align:start position:0% x 00:42:08.220 --> 00:42:10.550 align:start position:0% x so<00:42:08.880><c> at</c><00:42:09.359><c> this</c><00:42:09.599><c> about</c><00:42:09.780><c> the</c><00:42:09.960><c> same</c><00:42:10.079><c> time</c><00:42:10.260><c> listen</c> 00:42:10.550 --> 00:42:12.060 align:start position:0% x 00:42:10.560 --> 00:42:12.050 align:start position:0% x you<00:42:10.859><c> remember</c><00:42:10.980><c> the</c><00:42:11.220><c> swine</c><00:42:11.520><c> flu</c><00:42:11.700><c> there</c><00:42:11.940><c> was</c> 00:42:12.050 --> 00:42:13.800 align:start position:0% x 00:42:12.060 --> 00:42:13.790 align:start position:0% x this<00:42:12.240><c> big</c><00:42:12.480><c> big</c><00:42:12.720><c> crisis</c><00:42:13.140><c> of</c><00:42:13.319><c> the</c><00:42:13.440><c> world</c><00:42:13.500><c> people</c> 00:42:13.790 --> 00:42:15.359 align:start position:0% x 00:42:13.800 --> 00:42:15.349 align:start position:0% x were<00:42:14.040><c> really</c><00:42:14.220><c> worried</c><00:42:14.579><c> there</c><00:42:14.819><c> was</c><00:42:15.000><c> a</c><00:42:15.119><c> huge</c> 00:42:15.349 --> 00:42:17.700 align:start position:0% x 00:42:15.359 --> 00:42:17.690 align:start position:0% x pandemic<00:42:15.900><c> beginning</c><00:42:16.140><c> and</c><00:42:16.859><c> I'm</c><00:42:17.160><c> no</c><00:42:17.400><c> no</c> 00:42:17.690 --> 00:42:19.680 align:start position:0% x 00:42:17.700 --> 00:42:19.670 align:start position:0% x microbiologist<00:42:18.540><c> but</c><00:42:18.960><c> apparently</c><00:42:19.319><c> it</c><00:42:19.440><c> looked</c> 00:42:19.670 --> 00:42:21.599 align:start position:0% x 00:42:19.680 --> 00:42:21.589 align:start position:0% x a<00:42:19.740><c> bit</c><00:42:19.980><c> like</c><00:42:20.099><c> this</c><00:42:20.339><c> cut</c><00:42:20.880><c> and</c><00:42:21.119><c> a</c><00:42:21.240><c> half</c><00:42:21.300><c> purple</c> 00:42:21.589 --> 00:42:23.579 align:start position:0% x 00:42:21.599 --> 00:42:23.569 align:start position:0% x ping<00:42:22.079><c> pong</c><00:42:22.319><c> ball</c><00:42:22.440><c> with</c><00:42:22.680><c> funny</c><00:42:22.920><c> colored</c><00:42:23.400><c> that's</c> 00:42:23.569 --> 00:42:25.440 align:start position:0% x 00:42:23.579 --> 00:42:25.430 align:start position:0% x hanging<00:42:23.940><c> out</c><00:42:24.000><c> of</c><00:42:24.119><c> it</c><00:42:24.300><c> but</c> 00:42:25.430 --> 00:42:27.900 align:start position:0% x 00:42:25.440 --> 00:42:27.890 align:start position:0% x um<00:42:25.560><c> you</c><00:42:26.040><c> know</c><00:42:26.160><c> there's</c><00:42:26.339><c> this</c><00:42:26.640><c> tiny</c><00:42:27.119><c> tiny</c><00:42:27.540><c> tiny</c> 00:42:27.890 --> 00:42:29.280 align:start position:0% x 00:42:27.900 --> 00:42:29.270 align:start position:0% x little<00:42:28.020><c> entity</c> 00:42:29.270 --> 00:42:32.040 align:start position:0% x 00:42:29.280 --> 00:42:32.030 align:start position:0% x that<00:42:29.700><c> God's</c><00:42:30.119><c> created</c><00:42:30.420><c> that</c><00:42:30.780><c> set</c><00:42:31.020><c> there</c><00:42:31.319><c> just</c> 00:42:32.030 --> 00:42:34.079 align:start position:0% x 00:42:32.040 --> 00:42:34.069 align:start position:0% x passively<00:42:32.640><c> quietly</c><00:42:33.180><c> waiting</c><00:42:33.599><c> and</c><00:42:33.780><c> then</c><00:42:33.960><c> all</c> 00:42:34.069 --> 00:42:36.839 align:start position:0% x 00:42:34.079 --> 00:42:36.829 align:start position:0% x of<00:42:34.260><c> a</c><00:42:34.319><c> sudden</c><00:42:34.500><c> it</c><00:42:35.160><c> began</c><00:42:35.460><c> to</c><00:42:35.640><c> Boom</c><00:42:35.940><c> across</c><00:42:36.420><c> the</c> 00:42:36.829 --> 00:42:38.220 align:start position:0% x 00:42:36.839 --> 00:42:38.210 align:start position:0% x world<00:42:37.140><c> and</c><00:42:37.319><c> we</c><00:42:37.500><c> started</c><00:42:37.800><c> seeing</c><00:42:38.040><c> pictures</c> 00:42:38.210 --> 00:42:39.960 align:start position:0% x 00:42:38.220 --> 00:42:39.950 align:start position:0% x like<00:42:38.579><c> this</c><00:42:38.700><c> this</c><00:42:38.880><c> is</c><00:42:39.000><c> an</c><00:42:39.180><c> airplane</c><00:42:39.359><c> I</c><00:42:39.839><c> know</c> 00:42:39.950 --> 00:42:41.760 align:start position:0% x 00:42:39.960 --> 00:42:41.750 align:start position:0% x because<00:42:40.140><c> at</c><00:42:40.560><c> the</c><00:42:40.680><c> time</c><00:42:40.800><c> I</c><00:42:40.980><c> was</c><00:42:41.160><c> commuting</c><00:42:41.520><c> to</c> 00:42:41.750 --> 00:42:44.460 align:start position:0% x 00:42:41.760 --> 00:42:44.450 align:start position:0% x Australia<00:42:42.300><c> very</c><00:42:42.480><c> regularly</c><00:42:42.960><c> and</c><00:42:43.740><c> I</c><00:42:43.980><c> came</c><00:42:44.280><c> off</c> 00:42:44.450 --> 00:42:46.980 align:start position:0% x 00:42:44.460 --> 00:42:46.970 align:start position:0% x the<00:42:44.640><c> was</c><00:42:45.119><c> sitting</c><00:42:45.420><c> on</c><00:42:45.540><c> the</c><00:42:45.660><c> plane</c><00:42:45.980><c> and</c> 00:42:46.970 --> 00:42:49.560 align:start position:0% x 00:42:46.980 --> 00:42:49.550 align:start position:0% x announcement<00:42:47.940><c> came</c><00:42:48.300><c> over</c><00:42:48.480><c> when</c><00:42:48.900><c> we</c><00:42:49.079><c> arrived</c> 00:42:49.550 --> 00:42:51.240 align:start position:0% x 00:42:49.560 --> 00:42:51.230 align:start position:0% x at<00:42:49.680><c> the</c><00:42:49.800><c> gate</c><00:42:50.040><c> please</c><00:42:50.280><c> everyone</c><00:42:50.520><c> stay</c><00:42:50.940><c> in</c><00:42:51.119><c> your</c> 00:42:51.230 --> 00:42:52.440 align:start position:0% x 00:42:51.240 --> 00:42:52.430 align:start position:0% x seats 00:42:52.430 --> 00:42:55.440 align:start position:0% x 00:42:52.440 --> 00:42:55.430 align:start position:0% x um<00:42:52.560><c> we</c><00:42:52.980><c> have</c><00:42:53.220><c> somebody</c><00:42:53.579><c> coming</c><00:42:53.940><c> on</c><00:42:54.260><c> to</c><00:42:55.260><c> do</c> 00:42:55.430 --> 00:42:57.060 align:start position:0% x 00:42:55.440 --> 00:42:57.050 align:start position:0% x something<00:42:55.619><c> and</c><00:42:55.920><c> then</c><00:42:56.099><c> you'll</c><00:42:56.339><c> be</c><00:42:56.460><c> allowed</c><00:42:56.880><c> off</c> 00:42:57.050 --> 00:42:59.000 align:start position:0% x 00:42:57.060 --> 00:42:58.990 align:start position:0% x well<00:42:57.300><c> we</c><00:42:57.599><c> waited</c><00:42:57.900><c> and</c><00:42:58.079><c> waited</c><00:42:58.380><c> then</c><00:42:58.619><c> suddenly</c> 00:42:58.990 --> 00:43:01.920 align:start position:0% x 00:42:59.000 --> 00:43:01.910 align:start position:0% x this<00:43:00.000><c> Apparition</c><00:43:00.480><c> came</c><00:43:01.200><c> in</c><00:43:01.440><c> the</c><00:43:01.560><c> front</c><00:43:01.680><c> of</c><00:43:01.859><c> the</c> 00:43:01.910 --> 00:43:03.300 align:start position:0% x 00:43:01.920 --> 00:43:03.290 align:start position:0% x plane<00:43:02.099><c> all</c><00:43:02.339><c> right</c><00:43:02.460><c> imagine</c><00:43:02.640><c> what</c><00:43:03.000><c> you</c><00:43:03.119><c> think</c> 00:43:03.290 --> 00:43:05.640 align:start position:0% x 00:43:03.300 --> 00:43:05.630 align:start position:0% x when<00:43:03.540><c> that</c><00:43:03.720><c> comes</c><00:43:03.960><c> in</c><00:43:04.079><c> and</c><00:43:04.920><c> there</c><00:43:05.160><c> was</c><00:43:05.280><c> a</c><00:43:05.460><c> lady</c> 00:43:05.630 --> 00:43:07.980 align:start position:0% x 00:43:05.640 --> 00:43:07.970 align:start position:0% x sitting<00:43:06.180><c> just</c><00:43:06.300><c> over</c><00:43:06.540><c> there</c><00:43:06.839><c> who</c><00:43:07.319><c> you</c><00:43:07.740><c> had</c><00:43:07.859><c> to</c> 00:43:07.970 --> 00:43:09.420 align:start position:0% x 00:43:07.980 --> 00:43:09.410 align:start position:0% x fill<00:43:08.099><c> in</c><00:43:08.220><c> these</c><00:43:08.400><c> arrival</c><00:43:08.700><c> cards</c><00:43:09.119><c> at</c><00:43:09.180><c> the</c><00:43:09.359><c> time</c> 00:43:09.410 --> 00:43:11.819 align:start position:0% x 00:43:09.420 --> 00:43:11.809 align:start position:0% x a<00:43:09.599><c> swine</c><00:43:09.900><c> flu</c><00:43:10.140><c> one</c><00:43:10.500><c> saying</c><00:43:10.859><c> tick</c><00:43:11.220><c> this</c><00:43:11.400><c> box</c><00:43:11.579><c> if</c> 00:43:11.809 --> 00:43:13.319 align:start position:0% x 00:43:11.819 --> 00:43:13.309 align:start position:0% x you've<00:43:12.000><c> got</c><00:43:12.180><c> a</c><00:43:12.300><c> cold</c><00:43:12.480><c> or</c><00:43:12.720><c> sniffle</c><00:43:13.140><c> or</c> 00:43:13.309 --> 00:43:15.180 align:start position:0% x 00:43:13.319 --> 00:43:15.170 align:start position:0% x something<00:43:13.500><c> or</c><00:43:13.740><c> temperature</c><00:43:13.980><c> and</c> 00:43:15.170 --> 00:43:18.119 align:start position:0% x 00:43:15.180 --> 00:43:18.109 align:start position:0% x silly<00:43:15.839><c> girl</c><00:43:15.960><c> she</c><00:43:16.200><c> ticked</c><00:43:16.560><c> the</c><00:43:16.619><c> box</c><00:43:16.800><c> right</c> 00:43:18.109 --> 00:43:21.540 align:start position:0% x 00:43:18.119 --> 00:43:21.530 align:start position:0% x in<00:43:18.839><c> so</c><00:43:19.079><c> they</c><00:43:19.500><c> came</c><00:43:19.680><c> in</c><00:43:19.920><c> and</c><00:43:20.700><c> they</c><00:43:21.000><c> grabbed</c><00:43:21.359><c> her</c> 00:43:21.530 --> 00:43:22.800 align:start position:0% x 00:43:21.540 --> 00:43:22.790 align:start position:0% x and<00:43:21.660><c> took</c><00:43:21.839><c> her</c><00:43:21.900><c> out</c><00:43:22.079><c> in</c><00:43:22.200><c> front</c><00:43:22.319><c> of</c><00:43:22.440><c> me</c><00:43:22.500><c> what</c> 00:43:22.790 --> 00:43:24.480 align:start position:0% x 00:43:22.800 --> 00:43:24.470 align:start position:0% x amazed<00:43:23.400><c> me</c><00:43:23.520><c> was</c><00:43:23.700><c> the</c><00:43:23.819><c> reaction</c><00:43:24.119><c> everyone</c> 00:43:24.470 --> 00:43:26.040 align:start position:0% x 00:43:24.480 --> 00:43:26.030 align:start position:0% x around<00:43:24.839><c> it</c><00:43:25.079><c> honestly</c><00:43:25.619><c> it</c><00:43:25.680><c> was</c><00:43:25.800><c> like</c><00:43:25.920><c> the</c> 00:43:26.030 --> 00:43:27.480 align:start position:0% x 00:43:26.040 --> 00:43:27.470 align:start position:0% x plague<00:43:26.280><c> everyone</c><00:43:26.520><c> just</c><00:43:26.819><c> went</c> 00:43:27.470 --> 00:43:29.040 align:start position:0% x 00:43:27.480 --> 00:43:29.030 align:start position:0% x and<00:43:27.780><c> as</c><00:43:28.020><c> she</c><00:43:28.140><c> walked</c><00:43:28.380><c> down</c><00:43:28.500><c> everyone</c><00:43:28.740><c> was</c> 00:43:29.030 --> 00:43:30.960 align:start position:0% x 00:43:29.040 --> 00:43:30.950 align:start position:0% x moving<00:43:29.400><c> away</c><00:43:29.579><c> from</c><00:43:29.940><c> her</c><00:43:30.060><c> and</c><00:43:30.540><c> it</c><00:43:30.660><c> made</c><00:43:30.839><c> me</c> 00:43:30.950 --> 00:43:32.760 align:start position:0% x 00:43:30.960 --> 00:43:32.750 align:start position:0% x realize<00:43:31.319><c> what</c><00:43:31.560><c> happens</c><00:43:31.740><c> if</c><00:43:32.099><c> you</c><00:43:32.280><c> really</c><00:43:32.460><c> do</c> 00:43:32.750 --> 00:43:34.560 align:start position:0% x 00:43:32.760 --> 00:43:34.550 align:start position:0% x have<00:43:32.940><c> a</c><00:43:33.119><c> play</c><00:43:33.300><c> it's</c><00:43:33.839><c> every</c><00:43:34.079><c> month</c><00:43:34.319><c> for</c> 00:43:34.550 --> 00:43:36.780 align:start position:0% x 00:43:34.560 --> 00:43:36.770 align:start position:0% x themselves<00:43:35.460><c> people</c><00:43:35.819><c> become</c><00:43:36.240><c> enormously</c> 00:43:36.770 --> 00:43:39.300 align:start position:0% x 00:43:36.780 --> 00:43:39.290 align:start position:0% x selfish<00:43:37.260><c> so</c><00:43:37.859><c> the</c><00:43:38.040><c> swine</c><00:43:38.400><c> flu</c><00:43:38.579><c> happened</c><00:43:38.940><c> you</c> 00:43:39.290 --> 00:43:41.339 align:start position:0% x 00:43:39.300 --> 00:43:41.329 align:start position:0% x know<00:43:39.420><c> this</c><00:43:39.960><c> this</c><00:43:40.140><c> funny</c><00:43:40.440><c> little</c><00:43:40.680><c> thing</c><00:43:40.920><c> which</c> 00:43:41.329 --> 00:43:43.819 align:start position:0% x 00:43:41.339 --> 00:43:43.809 align:start position:0% x apparently<00:43:42.000><c> I</c><00:43:42.300><c> don't</c><00:43:42.420><c> this</c><00:43:43.020><c> is</c><00:43:43.140><c> what</c><00:43:43.380><c> happens</c> 00:43:43.809 --> 00:43:47.339 align:start position:0% x 00:43:43.819 --> 00:43:47.329 align:start position:0% x Pigs<00:43:44.819><c> Birds</c><00:43:45.599><c> and</c><00:43:45.839><c> human</c><00:43:46.079><c> beings</c><00:43:46.500><c> share</c><00:43:46.980><c> a</c> 00:43:47.329 --> 00:43:49.200 align:start position:0% x 00:43:47.339 --> 00:43:49.190 align:start position:0% x virus<00:43:47.640><c> that</c><00:43:47.940><c> has</c><00:43:48.119><c> very</c><00:43:48.359><c> similarity</c> 00:43:49.190 --> 00:43:51.540 align:start position:0% x 00:43:49.200 --> 00:43:51.530 align:start position:0% x properties<00:43:49.920><c> and</c><00:43:50.520><c> they</c><00:43:50.700><c> mutate</c><00:43:51.119><c> they</c><00:43:51.420><c> change</c> 00:43:51.530 --> 00:43:53.220 align:start position:0% x 00:43:51.540 --> 00:43:53.210 align:start position:0% x all<00:43:51.839><c> the</c><00:43:51.960><c> time</c><00:43:52.079><c> they're</c><00:43:52.380><c> constantly</c><00:43:52.740><c> flicking</c> 00:43:53.210 --> 00:43:55.020 align:start position:0% x 00:43:53.220 --> 00:43:55.010 align:start position:0% x around<00:43:53.339><c> every</c><00:43:54.000><c> now</c><00:43:54.240><c> and</c><00:43:54.420><c> then</c><00:43:54.540><c> one</c><00:43:54.720><c> of</c><00:43:54.839><c> these</c> 00:43:55.010 --> 00:43:57.180 align:start position:0% x 00:43:55.020 --> 00:43:57.170 align:start position:0% x combinations<00:43:55.440><c> of</c><00:43:55.800><c> an</c><00:43:55.980><c> avian</c><00:43:56.339><c> virus</c><00:43:56.700><c> combined</c> 00:43:57.170 --> 00:43:58.680 align:start position:0% x 00:43:57.180 --> 00:43:58.670 align:start position:0% x with<00:43:57.240><c> a</c><00:43:57.359><c> human</c><00:43:57.420><c> one</c><00:43:57.660><c> or</c><00:43:57.780><c> a</c><00:43:57.900><c> pig</c><00:43:58.020><c> one</c><00:43:58.260><c> will</c> 00:43:58.670 --> 00:44:00.180 align:start position:0% x 00:43:58.680 --> 00:44:00.170 align:start position:0% x actually<00:43:58.859><c> become</c> 00:44:00.170 --> 00:44:03.900 align:start position:0% x 00:44:00.180 --> 00:44:03.890 align:start position:0% x viral<00:44:01.079><c> and</c><00:44:01.740><c> uh</c><00:44:01.980><c> and</c><00:44:02.220><c> begin</c><00:44:02.460><c> to</c><00:44:02.819><c> to</c><00:44:03.480><c> um to</c> 00:44:03.890 --> 00:44:05.579 align:start position:0% x 00:44:03.900 --> 00:44:05.569 align:start position:0% x infect<00:44:04.200><c> and</c><00:44:04.500><c> become</c><00:44:04.800><c> a</c><00:44:04.920><c> real</c><00:44:05.040><c> problem</c><00:44:05.280><c> and</c> 00:44:05.569 --> 00:44:07.020 align:start position:0% x 00:44:05.579 --> 00:44:07.010 align:start position:0% x this<00:44:05.700><c> is</c><00:44:05.819><c> happening</c><00:44:06.119><c> all</c><00:44:06.300><c> the</c><00:44:06.480><c> time</c><00:44:06.599><c> this</c><00:44:06.960><c> is</c> 00:44:07.010 --> 00:44:08.460 align:start position:0% x 00:44:07.020 --> 00:44:08.450 align:start position:0% x why<00:44:07.319><c> you</c><00:44:07.560><c> got</c><00:44:07.740><c> to</c><00:44:07.800><c> keep</c><00:44:07.920><c> getting</c><00:44:08.099><c> a</c><00:44:08.280><c> floor</c> 00:44:08.450 --> 00:44:09.839 align:start position:0% x 00:44:08.460 --> 00:44:09.829 align:start position:0% x injection<00:44:08.819><c> because</c><00:44:09.000><c> it</c><00:44:09.180><c> changes</c><00:44:09.540><c> all</c><00:44:09.660><c> the</c> 00:44:09.829 --> 00:44:11.280 align:start position:0% x 00:44:09.839 --> 00:44:11.270 align:start position:0% x time<00:44:09.900><c> because</c><00:44:10.020><c> it's</c><00:44:10.319><c> constantly</c><00:44:10.800><c> changing</c> 00:44:11.270 --> 00:44:13.140 align:start position:0% x 00:44:11.280 --> 00:44:13.130 align:start position:0% x you<00:44:11.640><c> think</c><00:44:11.940><c> about</c><00:44:12.060><c> it's</c><00:44:12.359><c> a</c><00:44:12.480><c> marvelous</c><00:44:12.839><c> thing</c> 00:44:13.130 --> 00:44:15.480 align:start position:0% x 00:44:13.140 --> 00:44:15.470 align:start position:0% x in<00:44:13.920><c> in</c><00:44:14.099><c> one</c><00:44:14.339><c> sense</c><00:44:14.579><c> terrible</c><00:44:15.060><c> in</c><00:44:15.300><c> another</c> 00:44:15.470 --> 00:44:17.880 align:start position:0% x 00:44:15.480 --> 00:44:17.870 align:start position:0% x that's<00:44:16.319><c> that's</c><00:44:16.680><c> sitting</c><00:44:17.160><c> there</c><00:44:17.280><c> it's</c><00:44:17.520><c> it's</c> 00:44:17.870 --> 00:44:20.339 align:start position:0% x 00:44:17.880 --> 00:44:20.329 align:start position:0% x quietly<00:44:18.660><c> sitting</c><00:44:19.560><c> there</c> 00:44:20.329 --> 00:44:22.200 align:start position:0% x 00:44:20.339 --> 00:44:22.190 align:start position:0% x for<00:44:20.579><c> the</c><00:44:20.760><c> hand</c><00:44:20.880><c> of</c><00:44:21.000><c> God</c><00:44:21.180><c> to</c><00:44:21.420><c> use</c><00:44:21.540><c> it</c><00:44:21.720><c> if</c><00:44:21.900><c> he</c><00:44:22.079><c> so</c> 00:44:22.190 --> 00:44:25.079 align:start position:0% x 00:44:22.200 --> 00:44:25.069 align:start position:0% x wishes<00:44:22.680><c> now</c><00:44:23.460><c> this</c><00:44:23.880><c> will</c><00:44:24.060><c> begin</c><00:44:24.300><c> apparently</c> 00:44:25.069 --> 00:44:27.119 align:start position:0% x 00:44:25.079 --> 00:44:27.109 align:start position:0% x somewhere<00:44:25.680><c> around</c><00:44:25.859><c> about</c><00:44:26.099><c> Mexico</c><00:44:26.460><c> that</c><00:44:27.000><c> was</c> 00:44:27.109 --> 00:44:28.380 align:start position:0% x 00:44:27.119 --> 00:44:28.370 align:start position:0% x the<00:44:27.359><c> first</c><00:44:27.480><c> place</c><00:44:27.720><c> that</c><00:44:27.960><c> they</c><00:44:28.140><c> started</c> 00:44:28.370 --> 00:44:30.300 align:start position:0% x 00:44:28.380 --> 00:44:30.290 align:start position:0% x hearing<00:44:28.740><c> of</c><00:44:28.920><c> it</c><00:44:29.099><c> then</c><00:44:29.460><c> in</c><00:44:29.760><c> the</c><00:44:29.819><c> southern</c><00:44:30.000><c> parts</c> 00:44:30.290 --> 00:44:31.560 align:start position:0% x 00:44:30.300 --> 00:44:31.550 align:start position:0% x of<00:44:30.420><c> the</c><00:44:30.540><c> United</c><00:44:30.660><c> States</c><00:44:30.960><c> and</c><00:44:31.260><c> then</c><00:44:31.380><c> they</c> 00:44:31.550 --> 00:44:33.540 align:start position:0% x 00:44:31.560 --> 00:44:33.530 align:start position:0% x started<00:44:31.859><c> cropping</c><00:44:32.220><c> up</c><00:44:32.280><c> around</c><00:44:32.520><c> the</c><00:44:32.760><c> world</c><00:44:32.880><c> and</c> 00:44:33.530 --> 00:44:35.579 align:start position:0% x 00:44:33.540 --> 00:44:35.569 align:start position:0% x it<00:44:33.720><c> terrified</c><00:44:34.020><c> people</c><00:44:34.319><c> because</c><00:44:34.619><c> of</c><00:44:34.920><c> the</c><00:44:35.220><c> speed</c> 00:44:35.569 --> 00:44:38.099 align:start position:0% x 00:44:35.579 --> 00:44:38.089 align:start position:0% x by<00:44:36.420><c> which</c><00:44:36.599><c> it</c><00:44:36.839><c> was</c><00:44:37.020><c> actually</c><00:44:37.260><c> beginning</c><00:44:37.680><c> to</c> 00:44:38.089 --> 00:44:40.319 align:start position:0% x 00:44:38.099 --> 00:44:40.309 align:start position:0% x increase<00:44:38.280><c> and</c><00:44:38.700><c> affect</c><00:44:39.000><c> people</c><00:44:39.240><c> it</c><00:44:39.900><c> turns</c><00:44:40.200><c> out</c> 00:44:40.309 --> 00:44:42.300 align:start position:0% x 00:44:40.319 --> 00:44:42.290 align:start position:0% x later<00:44:40.560><c> actually</c><00:44:40.980><c> it</c><00:44:41.640><c> had</c><00:44:41.760><c> been</c><00:44:41.880><c> incubating</c> 00:44:42.290 --> 00:44:45.300 align:start position:0% x 00:44:42.300 --> 00:44:45.290 align:start position:0% x the<00:44:42.540><c> populations</c><00:44:42.960><c> for</c><00:44:43.319><c> many</c><00:44:43.500><c> many</c><00:44:43.740><c> months</c><00:44:44.640><c> and</c> 00:44:45.290 --> 00:44:47.400 align:start position:0% x 00:44:45.300 --> 00:44:47.390 align:start position:0% x that<00:44:45.660><c> the</c><00:44:45.960><c> the</c><00:44:46.140><c> death</c><00:44:46.440><c> rate</c><00:44:46.680><c> was</c><00:44:46.920><c> quite</c><00:44:47.160><c> low</c> 00:44:47.390 --> 00:44:49.380 align:start position:0% x 00:44:47.400 --> 00:44:49.370 align:start position:0% x but<00:44:47.760><c> what</c><00:44:48.000><c> concerned</c><00:44:48.480><c> them</c><00:44:48.540><c> was</c><00:44:48.780><c> people</c><00:44:49.079><c> who</c> 00:44:49.370 --> 00:44:51.060 align:start position:0% x 00:44:49.380 --> 00:44:51.050 align:start position:0% x report<00:44:49.500><c> an</c><00:44:49.800><c> opponent</c><00:44:50.160><c> Hospital</c><00:44:50.400><c> there's</c><00:44:50.819><c> a</c> 00:44:51.050 --> 00:44:54.780 align:start position:0% x 00:44:51.060 --> 00:44:54.770 align:start position:0% x very<00:44:51.240><c> high</c><00:44:51.660><c> death</c><00:44:52.440><c> rate</c><00:44:52.619><c> from</c> 00:44:54.770 --> 00:44:57.420 align:start position:0% x 00:44:54.780 --> 00:44:57.410 align:start position:0% x um and<00:44:55.260><c> that</c><00:44:55.560><c> that</c><00:44:55.740><c> scared</c><00:44:56.220><c> them</c><00:44:56.420><c> immediately</c> 00:44:57.410 --> 00:44:59.760 align:start position:0% x 00:44:57.420 --> 00:44:59.750 align:start position:0% x uh<00:44:58.140><c> enormously</c><00:44:58.859><c> and</c><00:44:59.220><c> there</c><00:44:59.460><c> was</c><00:44:59.640><c> this</c> 00:44:59.750 --> 00:45:01.440 align:start position:0% x 00:44:59.760 --> 00:45:01.430 align:start position:0% x exponential<00:45:00.359><c> you</c><00:45:00.540><c> see</c><00:45:00.660><c> it's</c><00:45:00.839><c> an</c><00:45:00.960><c> exponential</c> 00:45:01.430 --> 00:45:03.599 align:start position:0% x 00:45:01.440 --> 00:45:03.589 align:start position:0% x scale<00:45:02.280><c> on</c><00:45:02.460><c> the</c><00:45:02.579><c> left</c><00:45:02.700><c> hand</c><00:45:02.880><c> side</c><00:45:03.119><c> in</c><00:45:03.300><c> terms</c><00:45:03.540><c> of</c> 00:45:03.589 --> 00:45:05.819 align:start position:0% x 00:45:03.599 --> 00:45:05.809 align:start position:0% x its<00:45:03.839><c> spread</c><00:45:04.079><c> so</c><00:45:04.200><c> this</c><00:45:04.440><c> was</c><00:45:04.619><c> the</c><00:45:05.280><c> big</c><00:45:05.400><c> concern</c> 00:45:05.809 --> 00:45:07.560 align:start position:0% x 00:45:05.819 --> 00:45:07.550 align:start position:0% x but<00:45:06.300><c> you</c><00:45:06.480><c> see</c> 00:45:07.550 --> 00:45:10.020 align:start position:0% x 00:45:07.560 --> 00:45:10.010 align:start position:0% x this<00:45:08.160><c> is</c><00:45:08.280><c> the</c><00:45:08.460><c> sort</c><00:45:08.640><c> of</c><00:45:08.760><c> thing</c><00:45:09.000><c> the</c><00:45:09.660><c> global</c> 00:45:10.010 --> 00:45:12.000 align:start position:0% x 00:45:10.020 --> 00:45:11.990 align:start position:0% x financial<00:45:10.200><c> crisis</c><00:45:10.680><c> we</c><00:45:10.859><c> looked</c><00:45:11.099><c> at</c><00:45:11.160><c> was</c><00:45:11.400><c> as</c><00:45:11.579><c> lit</c> 00:45:11.990 --> 00:45:14.400 align:start position:0% x 00:45:12.000 --> 00:45:14.390 align:start position:0% x essentially<00:45:12.359><c> human</c><00:45:12.660><c> made</c> 00:45:14.390 --> 00:45:17.339 align:start position:0% x 00:45:14.400 --> 00:45:17.329 align:start position:0% x this<00:45:15.000><c> one</c><00:45:15.180><c> here</c><00:45:15.599><c> I've</c><00:45:16.380><c> taken</c><00:45:16.859><c> something</c><00:45:17.099><c> like</c> 00:45:17.329 --> 00:45:19.079 align:start position:0% x 00:45:17.339 --> 00:45:19.069 align:start position:0% x that<00:45:17.520><c> shuts</c><00:45:18.180><c> the</c><00:45:18.300><c> world</c><00:45:18.420><c> down</c><00:45:18.660><c> and</c><00:45:18.839><c> it</c><00:45:18.960><c> did</c> 00:45:19.069 --> 00:45:20.880 align:start position:0% x 00:45:19.079 --> 00:45:20.870 align:start position:0% x large<00:45:19.500><c> parts</c><00:45:19.740><c> were</c><00:45:20.040><c> all</c><00:45:20.220><c> shut</c><00:45:20.400><c> down</c><00:45:20.579><c> you</c> 00:45:20.870 --> 00:45:22.500 align:start position:0% x 00:45:20.880 --> 00:45:22.490 align:start position:0% x couldn't<00:45:21.060><c> travel</c> 00:45:22.490 --> 00:45:25.200 align:start position:0% x 00:45:22.500 --> 00:45:25.190 align:start position:0% x so<00:45:22.980><c> things</c><00:45:23.280><c> like</c><00:45:23.520><c> here</c><00:45:23.819><c> this</c><00:45:24.180><c> are</c><00:45:24.780><c> sitting</c> 00:45:25.190 --> 00:45:27.660 align:start position:0% x 00:45:25.200 --> 00:45:27.650 align:start position:0% x there<00:45:25.380><c> all</c><00:45:25.859><c> ready</c><00:45:26.099><c> to</c><00:45:26.280><c> go</c><00:45:26.460><c> now</c><00:45:27.300><c> here's</c><00:45:27.540><c> another</c> 00:45:27.650 --> 00:45:29.760 align:start position:0% x 00:45:27.660 --> 00:45:29.750 align:start position:0% x amazing<00:45:28.380><c> thing</c> 00:45:29.750 --> 00:45:32.819 align:start position:0% x 00:45:29.760 --> 00:45:32.809 align:start position:0% x God<00:45:30.359><c> uses</c><00:45:30.780><c> a</c><00:45:30.960><c> principle</c><00:45:31.440><c> in</c><00:45:31.920><c> scripture</c><00:45:32.339><c> of</c><00:45:32.640><c> the</c> 00:45:32.809 --> 00:45:35.099 align:start position:0% x 00:45:32.819 --> 00:45:35.089 align:start position:0% x base<00:45:33.000><c> thing</c><00:45:33.300><c> so</c><00:45:33.540><c> it</c><00:45:33.720><c> sits</c><00:45:34.140><c> over</c><00:45:34.319><c> the</c><00:45:34.680><c> kingdoms</c> 00:45:35.089 --> 00:45:37.500 align:start position:0% x 00:45:35.099 --> 00:45:37.490 align:start position:0% x of<00:45:35.220><c> men</c><00:45:35.339><c> the</c><00:45:35.700><c> basis</c><00:45:36.119><c> things</c><00:45:36.359><c> takes</c><00:45:37.079><c> the</c><00:45:37.319><c> things</c> 00:45:37.490 --> 00:45:39.720 align:start position:0% x 00:45:37.500 --> 00:45:39.710 align:start position:0% x despised<00:45:38.400><c> to</c><00:45:38.579><c> bring</c><00:45:38.700><c> to</c><00:45:38.940><c> not</c><00:45:39.119><c> the</c><00:45:39.359><c> things</c><00:45:39.480><c> that</c> 00:45:39.710 --> 00:45:41.940 align:start position:0% x 00:45:39.720 --> 00:45:41.930 align:start position:0% x are<00:45:39.839><c> Mighty</c><00:45:40.200><c> he</c><00:45:40.619><c> does</c><00:45:40.800><c> it</c><00:45:40.920><c> with</c><00:45:41.040><c> us</c> 00:45:41.930 --> 00:45:43.980 align:start position:0% x 00:45:41.940 --> 00:45:43.970 align:start position:0% x we're<00:45:42.300><c> no</c><00:45:42.540><c> bodies</c><00:45:42.900><c> taken</c><00:45:43.380><c> out</c><00:45:43.440><c> from</c><00:45:43.680><c> all</c><00:45:43.800><c> over</c> 00:45:43.970 --> 00:45:47.400 align:start position:0% x 00:45:43.980 --> 00:45:47.390 align:start position:0% x the<00:45:44.220><c> world</c><00:45:44.400><c> to</c><00:45:45.300><c> become</c><00:45:45.599><c> the</c><00:45:45.839><c> people</c><00:45:45.960><c> of</c><00:45:46.260><c> God</c> 00:45:47.390 --> 00:45:49.740 align:start position:0% x 00:45:47.400 --> 00:45:49.730 align:start position:0% x so<00:45:47.640><c> he</c><00:45:47.940><c> chooses</c><00:45:48.359><c> the</c><00:45:48.540><c> base</c><00:45:48.720><c> things</c><00:45:49.020><c> to</c><00:45:49.319><c> elevate</c> 00:45:49.730 --> 00:45:51.720 align:start position:0% x 00:45:49.740 --> 00:45:51.710 align:start position:0% x them<00:45:49.920><c> to</c><00:45:50.160><c> overcome</c><00:45:50.640><c> the</c><00:45:51.060><c> mighty</c><00:45:51.359><c> and</c><00:45:51.599><c> he's</c> 00:45:51.710 --> 00:45:54.000 align:start position:0% x 00:45:51.720 --> 00:45:53.990 align:start position:0% x used<00:45:51.900><c> it</c><00:45:52.140><c> with</c><00:45:52.260><c> his</c><00:45:52.440><c> Nation</c><00:45:52.740><c> Israel</c><00:45:53.220><c> they</c><00:45:53.760><c> were</c> 00:45:53.990 --> 00:45:57.000 align:start position:0% x 00:45:54.000 --> 00:45:56.990 align:start position:0% x the<00:45:54.119><c> base</c><00:45:54.300><c> people</c><00:45:54.660><c> they</c><00:45:55.200><c> are</c><00:45:55.859><c> persecuted</c><00:45:56.819><c> and</c> 00:45:56.990 --> 00:46:00.060 align:start position:0% x 00:45:57.000 --> 00:46:00.050 align:start position:0% x based<00:45:57.420><c> amongst</c><00:45:57.780><c> Nations</c><00:45:58.200><c> to</c><00:45:58.859><c> which</c><00:45:59.160><c> he</c><00:45:59.640><c> casts</c> 00:46:00.050 --> 00:46:01.980 align:start position:0% x 00:46:00.060 --> 00:46:01.970 align:start position:0% x them<00:46:00.180><c> so</c><00:46:00.300><c> we</c><00:46:00.540><c> read</c><00:46:00.660><c> here</c><00:46:00.960><c> in</c><00:46:01.079><c> Daniel</c><00:46:01.260><c> chapter</c><00:46:01.560><c> 4</c> 00:46:01.970 --> 00:46:05.579 align:start position:0% x 00:46:01.980 --> 00:46:05.569 align:start position:0% x 17.<00:46:03.119><c> that</c><00:46:03.900><c> it</c><00:46:04.079><c> is</c><00:46:04.319><c> the</c><00:46:04.560><c> most</c><00:46:04.740><c> high</c><00:46:05.040><c> that</c><00:46:05.280><c> rules</c> 00:46:05.569 --> 00:46:07.020 align:start position:0% x 00:46:05.579 --> 00:46:07.010 align:start position:0% x in<00:46:05.760><c> the</c><00:46:05.940><c> Kingdom</c><00:46:06.119><c> man</c><00:46:06.300><c> and</c><00:46:06.540><c> gives</c><00:46:06.720><c> it</c><00:46:06.839><c> to</c> 00:46:07.010 --> 00:46:09.300 align:start position:0% x 00:46:07.020 --> 00:46:09.290 align:start position:0% x whomsoever<00:46:07.560><c> he</c><00:46:07.800><c> will</c><00:46:07.980><c> sets</c><00:46:08.460><c> up</c><00:46:08.520><c> over</c><00:46:08.700><c> at</c><00:46:09.060><c> the</c> 00:46:09.290 --> 00:46:12.900 align:start position:0% x 00:46:09.300 --> 00:46:12.890 align:start position:0% x basists<00:46:09.960><c> the</c><00:46:10.740><c> lowest</c><00:46:11.099><c> of</c><00:46:11.520><c> men</c> 00:46:12.890 --> 00:46:16.680 align:start position:0% x 00:46:12.900 --> 00:46:16.670 align:start position:0% x Daniel<00:46:13.380><c> 2</c><00:46:13.740><c> verse</c><00:46:14.640><c> 20</c><00:46:14.819><c> and</c><00:46:15.000><c> 21</c><00:46:15.180><c> God</c><00:46:15.900><c> changes</c><00:46:16.440><c> the</c> 00:46:16.670 --> 00:46:18.780 align:start position:0% x 00:46:16.680 --> 00:46:18.770 align:start position:0% x times<00:46:16.800><c> and</c><00:46:17.099><c> Seasons</c><00:46:17.520><c> he</c><00:46:17.760><c> removes</c><00:46:18.180><c> Kings</c><00:46:18.540><c> he</c> 00:46:18.770 --> 00:46:20.640 align:start position:0% x 00:46:18.780 --> 00:46:20.630 align:start position:0% x sets<00:46:19.140><c> up</c><00:46:19.260><c> the</c><00:46:19.440><c> Kings</c><00:46:19.619><c> he</c><00:46:19.859><c> gives</c><00:46:20.040><c> wisdom</c><00:46:20.460><c> the</c> 00:46:20.630 --> 00:46:22.500 align:start position:0% x 00:46:20.640 --> 00:46:22.490 align:start position:0% x wise<00:46:20.940><c> knowledge</c><00:46:21.359><c> then</c><00:46:21.540><c> no</c><00:46:21.960><c> understanding</c> 00:46:22.490 --> 00:46:24.660 align:start position:0% x 00:46:22.500 --> 00:46:24.650 align:start position:0% x he's<00:46:23.040><c> the</c><00:46:23.280><c> one</c><00:46:23.460><c> in</c><00:46:23.640><c> control</c><00:46:23.880><c> behind</c><00:46:24.480><c> the</c> 00:46:24.650 --> 00:46:26.400 align:start position:0% x 00:46:24.660 --> 00:46:26.390 align:start position:0% x systems<00:46:25.079><c> of</c><00:46:25.319><c> men</c> 00:46:26.390 --> 00:46:28.920 align:start position:0% x 00:46:26.400 --> 00:46:28.910 align:start position:0% x First<00:46:26.700><c> Corinthians</c><00:46:27.300><c> 1</c><00:46:27.540><c> verse</c><00:46:27.780><c> 27</c><00:46:28.319><c> the</c><00:46:28.680><c> base</c> 00:46:28.910 --> 00:46:31.380 align:start position:0% x 00:46:28.920 --> 00:46:31.370 align:start position:0% x things<00:46:29.160><c> of</c><00:46:29.460><c> the</c><00:46:29.700><c> world</c><00:46:29.819><c> things</c><00:46:30.359><c> despised</c><00:46:31.200><c> has</c> 00:46:31.370 --> 00:46:33.240 align:start position:0% x 00:46:31.380 --> 00:46:33.230 align:start position:0% x God<00:46:31.619><c> chosen</c><00:46:32.040><c> yea</c><00:46:32.400><c> things</c><00:46:32.520><c> which</c><00:46:32.760><c> are</c><00:46:32.880><c> not</c><00:46:33.060><c> to</c> 00:46:33.230 --> 00:46:35.640 align:start position:0% x 00:46:33.240 --> 00:46:35.630 align:start position:0% x bring<00:46:33.420><c> to</c><00:46:33.540><c> naught</c><00:46:33.839><c> things</c><00:46:34.079><c> that</c><00:46:34.440><c> are</c> 00:46:35.630 --> 00:46:37.680 align:start position:0% x 00:46:35.640 --> 00:46:37.670 align:start position:0% x now<00:46:36.119><c> what</c><00:46:36.359><c> fascinated</c><00:46:36.900><c> me</c><00:46:37.140><c> throughout</c><00:46:37.500><c> this</c> 00:46:37.670 --> 00:46:39.900 align:start position:0% x 00:46:37.680 --> 00:46:39.890 align:start position:0% x crisis<00:46:38.040><c> is</c><00:46:38.339><c> this</c> 00:46:39.890 --> 00:46:41.760 align:start position:0% x 00:46:39.900 --> 00:46:41.750 align:start position:0% x the<00:46:40.440><c> Jewish</c><00:46:40.800><c> people</c> 00:46:41.750 --> 00:46:44.040 align:start position:0% x 00:46:41.760 --> 00:46:44.030 align:start position:0% x have<00:46:42.300><c> been</c><00:46:42.540><c> the</c><00:46:42.780><c> despised</c><00:46:43.319><c> base</c><00:46:43.560><c> things</c><00:46:43.800><c> of</c> 00:46:44.030 --> 00:46:47.400 align:start position:0% x 00:46:44.040 --> 00:46:47.390 align:start position:0% x the<00:46:44.160><c> world</c><00:46:44.339><c> because</c><00:46:45.300><c> of</c><00:46:45.780><c> their</c><00:46:45.960><c> scattering</c> 00:46:47.390 --> 00:46:49.740 align:start position:0% x 00:46:47.400 --> 00:46:49.730 align:start position:0% x but<00:46:47.700><c> just</c><00:46:47.819><c> have</c><00:46:48.000><c> a</c><00:46:48.119><c> look</c><00:46:48.180><c> at</c><00:46:48.300><c> this</c> 00:46:49.730 --> 00:46:52.020 align:start position:0% x 00:46:49.740 --> 00:46:52.010 align:start position:0% x founding<00:46:50.460><c> fathers</c><00:46:50.940><c> of</c><00:46:51.119><c> modern</c><00:46:51.300><c> finance</c><00:46:51.839><c> and</c> 00:46:52.010 --> 00:46:54.920 align:start position:0% x 00:46:52.020 --> 00:46:54.920 align:start position:0% x economic<00:46:52.500><c> theory</c> 00:46:55.550 --> 00:46:55.550 align:start position:0% x 00:46:55.560 --> 00:46:57.650 align:start position:0% x of<00:46:55.920><c> Jewish</c><00:46:56.400><c> parentage</c> 00:46:57.650 --> 00:47:00.000 align:start position:0% x 00:46:57.660 --> 00:46:59.990 align:start position:0% x so<00:46:57.900><c> you</c><00:46:58.140><c> go</c><00:46:58.260><c> through</c><00:46:58.560><c> the</c><00:46:58.920><c> theories</c><00:46:59.339><c> that</c><00:46:59.819><c> now</c> 00:46:59.990 --> 00:47:01.619 align:start position:0% x 00:47:00.000 --> 00:47:01.609 align:start position:0% x govern<00:47:00.300><c> and</c><00:47:00.599><c> drive</c> 00:47:01.609 --> 00:47:03.960 align:start position:0% x 00:47:01.619 --> 00:47:03.950 align:start position:0% x economics<00:47:02.460><c> Finance</c> 00:47:03.950 --> 00:47:06.420 align:start position:0% x 00:47:03.960 --> 00:47:06.410 align:start position:0% x monetarist<00:47:04.740><c> economics</c><00:47:05.280><c> there</c><00:47:05.880><c> is</c><00:47:06.060><c> a</c><00:47:06.180><c> global</c> 00:47:06.410 --> 00:47:09.240 align:start position:0% x 00:47:06.420 --> 00:47:09.230 align:start position:0% x Training<00:47:06.839><c> Game</c><00:47:07.079><c> Theory</c><00:47:07.500><c> behavioral</c><00:47:08.040><c> Finance</c> 00:47:09.230 --> 00:47:11.880 align:start position:0% x 00:47:09.240 --> 00:47:11.870 align:start position:0% x the<00:47:09.780><c> whole</c><00:47:09.960><c> concept</c><00:47:10.500><c> and</c><00:47:11.280><c> development</c><00:47:11.640><c> of</c> 00:47:11.870 --> 00:47:13.319 align:start position:0% x 00:47:11.880 --> 00:47:13.309 align:start position:0% x derivatives 00:47:13.309 --> 00:47:15.960 align:start position:0% x 00:47:13.319 --> 00:47:15.950 align:start position:0% x all<00:47:13.920><c> Jewish</c><00:47:14.339><c> names</c> 00:47:15.950 --> 00:47:18.060 align:start position:0% x 00:47:15.960 --> 00:47:18.050 align:start position:0% x when<00:47:16.440><c> you</c><00:47:16.560><c> come</c><00:47:16.740><c> to</c><00:47:16.920><c> the</c><00:47:17.040><c> key</c><00:47:17.220><c> mean</c><00:47:17.460><c> fixing</c><00:47:17.940><c> up</c> 00:47:18.050 --> 00:47:21.420 align:start position:0% x 00:47:18.060 --> 00:47:21.410 align:start position:0% x the<00:47:18.240><c> mess</c><00:47:18.420><c> Ben</c><00:47:19.020><c> Bernanke</c><00:47:20.220><c> Rahm</c><00:47:20.819><c> Emanuel</c><00:47:21.119><c> Chief</c> 00:47:21.410 --> 00:47:23.099 align:start position:0% x 00:47:21.420 --> 00:47:23.089 align:start position:0% x of<00:47:21.540><c> Staff</c><00:47:21.720><c> Timothy</c><00:47:22.319><c> Guyton</c><00:47:22.619><c> or</c><00:47:22.800><c> put</c><00:47:22.980><c> a</c> 00:47:23.089 --> 00:47:24.180 align:start position:0% x 00:47:23.099 --> 00:47:24.170 align:start position:0% x question<00:47:23.220><c> mark</c><00:47:23.400><c> around</c><00:47:23.640><c> that</c><00:47:23.819><c> because</c><00:47:23.940><c> I</c><00:47:24.059><c> read</c> 00:47:24.170 --> 00:47:25.260 align:start position:0% x 00:47:24.180 --> 00:47:25.250 align:start position:0% x something<00:47:24.359><c> the</c><00:47:24.540><c> other</c><00:47:24.599><c> day</c><00:47:24.780><c> it's</c><00:47:24.960><c> just</c><00:47:25.140><c> you</c> 00:47:25.250 --> 00:47:27.420 align:start position:0% x 00:47:25.260 --> 00:47:27.410 align:start position:0% x might<00:47:25.440><c> not</c><00:47:25.559><c> have</c><00:47:25.680><c> been</c><00:47:25.800><c> but</c> 00:47:27.410 --> 00:47:29.579 align:start position:0% x 00:47:27.420 --> 00:47:29.569 align:start position:0% x um<00:47:27.480><c> are</c><00:47:27.900><c> Jewish</c> 00:47:29.569 --> 00:47:32.220 align:start position:0% x 00:47:29.579 --> 00:47:32.210 align:start position:0% x so<00:47:29.819><c> it</c><00:47:30.059><c> was</c> Alan<00:47:30.420><c> Greenspan</c><00:47:30.960><c> before</c><00:47:31.140><c> him</c> 00:47:32.210 --> 00:47:34.260 align:start position:0% x 00:47:32.220 --> 00:47:34.250 align:start position:0% x the<00:47:32.579><c> key</c><00:47:32.760><c> inflection</c><00:47:33.240><c> points</c><00:47:33.720><c> of</c><00:47:33.839><c> the</c><00:47:33.960><c> crisis</c> 00:47:34.250 --> 00:47:36.960 align:start position:0% x 00:47:34.260 --> 00:47:36.950 align:start position:0% x were<00:47:34.500><c> Lehman</c><00:47:34.859><c> Brothers</c><00:47:35.160><c> for</c><00:47:35.640><c> sale</c><00:47:35.940><c> the</c><00:47:36.720><c> best</c> 00:47:36.950 --> 00:47:38.579 align:start position:0% x 00:47:36.960 --> 00:47:38.569 align:start position:0% x earns<00:47:37.440><c> bankruptcy</c><00:47:37.980><c> and</c><00:47:38.160><c> they</c><00:47:38.280><c> met</c><00:47:38.400><c> off</c> 00:47:38.569 --> 00:47:41.940 align:start position:0% x 00:47:38.579 --> 00:47:41.930 align:start position:0% x debacle<00:47:39.240><c> all</c><00:47:39.780><c> Jewish</c><00:47:40.200><c> names</c><00:47:40.380><c> are</c><00:47:40.680><c> founded</c> 00:47:41.930 --> 00:47:44.700 align:start position:0% x 00:47:41.940 --> 00:47:44.690 align:start position:0% x a<00:47:42.420><c> big</c><00:47:42.599><c> winner</c><00:47:42.900><c> or</c><00:47:43.319><c> Whipping</c><00:47:43.920><c> Boy</c><00:47:44.099><c> depending</c> 00:47:44.690 --> 00:47:48.780 align:start position:0% x 00:47:44.700 --> 00:47:48.770 align:start position:0% x on<00:47:44.819><c> who</c><00:47:45.180><c> you</c><00:47:46.140><c> are</c><00:47:46.260><c> was</c><00:47:46.980><c> Goldman</c><00:47:47.460><c> Sachs</c> 00:47:48.770 --> 00:47:50.880 align:start position:0% x 00:47:48.780 --> 00:47:50.870 align:start position:0% x all<00:47:49.140><c> right</c><00:47:49.559><c> very</c><00:47:49.980><c> powerful</c><00:47:50.400><c> Wall</c><00:47:50.640><c> Street</c> 00:47:50.870 --> 00:47:53.579 align:start position:0% x 00:47:50.880 --> 00:47:53.569 align:start position:0% x business<00:47:51.240><c> and</c><00:47:51.839><c> full</c><00:47:52.079><c> of</c><00:47:52.200><c> Jewish</c><00:47:52.559><c> people</c> 00:47:53.569 --> 00:47:55.380 align:start position:0% x 00:47:53.579 --> 00:47:55.370 align:start position:0% x when<00:47:53.880><c> you</c><00:47:54.119><c> look</c><00:47:54.240><c> at</c><00:47:54.420><c> the</c><00:47:54.540><c> administration's</c> 00:47:55.370 --> 00:47:57.300 align:start position:0% x 00:47:55.380 --> 00:47:57.290 align:start position:0% x Carter<00:47:56.280><c> Administration</c><00:47:56.819><c> secretary</c> 00:47:57.290 --> 00:47:59.220 align:start position:0% x 00:47:57.300 --> 00:47:59.210 align:start position:0% x secretary<00:47:57.960><c> offense</c><00:47:58.319><c> Secretary</c><00:47:58.980><c> of</c><00:47:59.099><c> the</c> 00:47:59.210 --> 00:48:00.540 align:start position:0% x 00:47:59.220 --> 00:48:00.530 align:start position:0% x Treasury<00:47:59.520><c> Secretary</c><00:47:59.940><c> of</c><00:48:00.000><c> health</c><00:48:00.119><c> education</c> 00:48:00.530 --> 00:48:03.300 align:start position:0% x 00:48:00.540 --> 00:48:03.290 align:start position:0% x welfare<00:48:01.020><c> chairman</c><00:48:01.500><c> Federal</c><00:48:01.740><c> Reserve</c><00:48:02.700><c> Jewish</c> 00:48:03.290 --> 00:48:06.300 align:start position:0% x 00:48:03.300 --> 00:48:06.290 align:start position:0% x Clinton<00:48:03.839><c> administration</c> 00:48:06.290 --> 00:48:08.220 align:start position:0% x 00:48:06.300 --> 00:48:08.210 align:start position:0% x Secretary<00:48:06.839><c> of</c><00:48:06.960><c> State</c><00:48:07.140><c> Defense</c><00:48:07.740><c> treasury</c> 00:48:08.210 --> 00:48:09.480 align:start position:0% x 00:48:08.220 --> 00:48:09.470 align:start position:0% x labor 00:48:09.470 --> 00:48:12.660 align:start position:0% x 00:48:09.480 --> 00:48:12.650 align:start position:0% x attorney<00:48:09.839><c> general</c><00:48:10.319><c> Federal</c><00:48:10.740><c> Reserve</c><00:48:11.819><c> Bush</c><00:48:12.359><c> to</c> 00:48:12.650 --> 00:48:14.280 align:start position:0% x 00:48:12.660 --> 00:48:14.270 align:start position:0% x Administration 00:48:14.270 --> 00:48:16.440 align:start position:0% x 00:48:14.280 --> 00:48:16.430 align:start position:0% x these<00:48:14.940><c> ones</c><00:48:15.119><c> all</c><00:48:15.300><c> out</c><00:48:15.480><c> of</c><00:48:15.660><c> the</c><00:48:15.960><c> defense</c> 00:48:16.430 --> 00:48:17.940 align:start position:0% x 00:48:16.440 --> 00:48:17.930 align:start position:0% x department 00:48:17.930 --> 00:48:20.579 align:start position:0% x 00:48:17.940 --> 00:48:20.569 align:start position:0% x Obama<00:48:18.599><c> administration</c> 00:48:20.569 --> 00:48:22.920 align:start position:0% x 00:48:20.579 --> 00:48:22.910 align:start position:0% x so<00:48:20.880><c> get</c><00:48:21.180><c> the</c><00:48:21.300><c> point</c> 00:48:22.910 --> 00:48:25.260 align:start position:0% x 00:48:22.920 --> 00:48:25.250 align:start position:0% x you<00:48:23.280><c> understand</c><00:48:23.460><c> why</c><00:48:23.940><c> you</c><00:48:24.180><c> go</c><00:48:24.420><c> over</c><00:48:24.599><c> to</c><00:48:24.960><c> the</c> 00:48:25.250 --> 00:48:27.119 align:start position:0% x 00:48:25.260 --> 00:48:27.109 align:start position:0% x Arab<00:48:25.559><c> world</c><00:48:25.740><c> and</c><00:48:25.980><c> they</c><00:48:26.160><c> say</c><00:48:26.339><c> the</c><00:48:26.520><c> zionists</c><00:48:27.000><c> Run</c> 00:48:27.109 --> 00:48:29.040 align:start position:0% x 00:48:27.119 --> 00:48:29.030 align:start position:0% x America<00:48:27.359><c> because</c><00:48:27.839><c> this</c><00:48:28.020><c> is</c><00:48:28.200><c> what</c><00:48:28.440><c> they</c><00:48:28.619><c> they</c> 00:48:29.030 --> 00:48:31.079 align:start position:0% x 00:48:29.040 --> 00:48:31.069 align:start position:0% x see<00:48:29.280><c> but</c><00:48:29.760><c> you</c><00:48:29.940><c> see</c><00:48:30.059><c> what's</c><00:48:30.240><c> happened</c><00:48:30.480><c> over</c><00:48:30.839><c> the</c> 00:48:31.069 --> 00:48:32.700 align:start position:0% x 00:48:31.079 --> 00:48:32.690 align:start position:0% x last<00:48:31.260><c> whatever</c><00:48:31.619><c> 100</c><00:48:31.980><c> years</c><00:48:32.280><c> since</c><00:48:32.520><c> the</c> 00:48:32.690 --> 00:48:34.559 align:start position:0% x 00:48:32.700 --> 00:48:34.549 align:start position:0% x establishment<00:48:33.180><c> or</c><00:48:33.540><c> earlier</c><00:48:34.200><c> since</c><00:48:34.380><c> the</c> 00:48:34.549 --> 00:48:36.599 align:start position:0% x 00:48:34.559 --> 00:48:36.589 align:start position:0% x established<00:48:34.980><c> it</c><00:48:35.099><c> in</c><00:48:35.220><c> the</c><00:48:35.280><c> United</c><00:48:35.400><c> States</c><00:48:35.760><c> the</c> 00:48:36.589 --> 00:48:39.720 align:start position:0% x 00:48:36.599 --> 00:48:39.710 align:start position:0% x base<00:48:36.900><c> people</c><00:48:37.319><c> have</c><00:48:37.800><c> become</c><00:48:38.099><c> very</c><00:48:38.220><c> powerful</c> 00:48:39.710 --> 00:48:41.760 align:start position:0% x 00:48:39.720 --> 00:48:41.750 align:start position:0% x these<00:48:40.380><c> are</c><00:48:40.440><c> the</c><00:48:40.559><c> people</c><00:48:40.680><c> of</c><00:48:40.859><c> God</c><00:48:41.099><c> while</c><00:48:41.460><c> in</c> 00:48:41.750 --> 00:48:45.180 align:start position:0% x 00:48:41.760 --> 00:48:45.170 align:start position:0% x unbelief<00:48:42.720><c> he's</c><00:48:43.440><c> used</c><00:48:43.740><c> them</c><00:48:44.040><c> to</c><00:48:44.460><c> create</c><00:48:44.640><c> the</c> 00:48:45.170 --> 00:48:47.660 align:start position:0% x 00:48:45.180 --> 00:48:47.660 align:start position:0% x modern<00:48:45.359><c> world</c> 00:48:48.049 --> 00:48:48.049 align:start position:0% x 00:48:48.059 --> 00:48:50.329 align:start position:0% x this<00:48:48.599><c> is</c><00:48:48.720><c> the</c><00:48:48.900><c> Forbes</c><00:48:49.200><c> list</c><00:48:49.440><c> from</c><00:48:49.619><c> 2008</c><00:48:50.160><c> I</c> 00:48:50.329 --> 00:48:51.660 align:start position:0% x 00:48:50.339 --> 00:48:51.650 align:start position:0% x tried<00:48:50.460><c> to</c><00:48:50.579><c> find</c><00:48:50.700><c> an</c><00:48:50.880><c> updated</c><00:48:51.119><c> one</c><00:48:51.300><c> but</c><00:48:51.480><c> I</c> 00:48:51.650 --> 00:48:53.640 align:start position:0% x 00:48:51.660 --> 00:48:53.630 align:start position:0% x didn't<00:48:51.780><c> have</c><00:48:52.260><c> time</c><00:48:52.500><c> to</c><00:48:52.680><c> do</c><00:48:52.859><c> it</c><00:48:52.980><c> this</c><00:48:53.339><c> is</c><00:48:53.520><c> the</c> 00:48:53.630 --> 00:48:55.920 align:start position:0% x 00:48:53.640 --> 00:48:55.910 align:start position:0% x top<00:48:53.760><c> 10</c><00:48:53.940><c> richest</c> 00:48:55.910 --> 00:48:58.619 align:start position:0% x 00:48:55.920 --> 00:48:58.609 align:start position:0% x one<00:48:56.520><c> two</c><00:48:56.700><c> three</c><00:48:56.940><c> four</c><00:48:57.180><c> five</c><00:48:57.540><c> six</c><00:48:57.839><c> six</c><00:48:58.079><c> of</c><00:48:58.380><c> the</c> 00:48:58.609 --> 00:49:03.319 align:start position:0% x 00:48:58.619 --> 00:49:03.319 align:start position:0% x top<00:48:58.800><c> 10</c><00:48:59.099><c> Americans</c><00:48:59.819><c> uh</c><00:49:00.780><c> Jewish</c> 00:49:05.510 --> 00:49:05.510 align:start position:0% x 00:49:05.520 --> 00:49:07.250 align:start position:0% x and<00:49:05.819><c> Putin</c><00:49:06.359><c> years</c> 00:49:07.250 --> 00:49:10.559 align:start position:0% x 00:49:07.260 --> 00:49:10.549 align:start position:0% x these<00:49:07.800><c> were</c><00:49:07.920><c> the</c><00:49:08.160><c> 10</c><00:49:08.400><c> richest</c><00:49:09.359><c> Russians</c> 00:49:10.549 --> 00:49:13.700 align:start position:0% x 00:49:10.559 --> 00:49:13.700 align:start position:0% x how<00:49:10.859><c> many</c><00:49:11.040><c> think</c><00:49:11.280><c> of</c><00:49:11.400><c> Jewish</c> 00:49:16.250 --> 00:49:16.250 align:start position:0% x 00:49:16.260 --> 00:49:18.049 align:start position:0% x pretty<00:49:16.559><c> impressive</c> 00:49:18.049 --> 00:49:22.400 align:start position:0% x 00:49:18.059 --> 00:49:22.390 align:start position:0% x suddenly<00:49:18.780><c> Australia's</c><00:49:19.440><c> this</c><00:49:19.619><c> is</c><00:49:19.800><c> from</c><00:49:20.099><c> the</c><00:49:20.460><c> uh</c> 00:49:22.390 --> 00:49:25.559 align:start position:0% x 00:49:22.400 --> 00:49:25.549 align:start position:0% x jta.org<00:49:23.819><c> Sydney</c><00:49:24.359><c> Australia's</c><00:49:25.020><c> three</c> 00:49:25.549 --> 00:49:27.720 align:start position:0% x 00:49:25.559 --> 00:49:27.710 align:start position:0% x wealthiest<00:49:26.099><c> individuals</c><00:49:27.059><c> are</c><00:49:27.240><c> high</c><00:49:27.359><c> profile</c> 00:49:27.710 --> 00:49:29.099 align:start position:0% x 00:49:27.720 --> 00:49:29.089 align:start position:0% x members<00:49:28.079><c> of</c><00:49:28.200><c> Jewish</c><00:49:28.440><c> community</c><00:49:28.619><c> community</c> 00:49:29.089 --> 00:49:30.780 align:start position:0% x 00:49:29.099 --> 00:49:30.770 align:start position:0% x called<00:49:29.520><c> an</c><00:49:29.700><c> annualist</c> 00:49:30.770 --> 00:49:33.119 align:start position:0% x 00:49:30.780 --> 00:49:33.109 align:start position:0% x Anthony<00:49:31.079><c> Pratt</c><00:49:31.680><c> and</c><00:49:32.160><c> Harry</c><00:49:32.339><c> trigovo</c><00:49:33.059><c> for</c> 00:49:33.109 --> 00:49:35.339 align:start position:0% x 00:49:33.119 --> 00:49:35.329 align:start position:0% x Frank<00:49:33.300><c> Lowe</c><00:49:33.599><c> shopping</c><00:49:34.260><c> centers</c><00:49:34.920><c> I</c><00:49:35.099><c> think</c><00:49:35.220><c> he</c> 00:49:35.329 --> 00:49:36.240 align:start position:0% x 00:49:35.339 --> 00:49:36.230 align:start position:0% x runs<00:49:35.520><c> a</c><00:49:35.640><c> lot</c><00:49:35.700><c> of</c><00:49:35.760><c> them</c><00:49:35.880><c> here</c><00:49:36.000><c> in</c><00:49:36.119><c> the</c><00:49:36.180><c> United</c> 00:49:36.230 --> 00:49:37.920 align:start position:0% x 00:49:36.240 --> 00:49:37.910 align:start position:0% x States<00:49:36.480><c> too</c> 00:49:37.910 --> 00:49:40.079 align:start position:0% x 00:49:37.920 --> 00:49:40.069 align:start position:0% x five<00:49:38.400><c> of</c><00:49:38.520><c> Britain's</c><00:49:39.000><c> ten</c><00:49:39.240><c> richest</c><00:49:39.660><c> people</c><00:49:39.839><c> are</c> 00:49:40.069 --> 00:49:41.400 align:start position:0% x 00:49:40.079 --> 00:49:41.390 align:start position:0% x Jewish<00:49:40.380><c> according</c><00:49:40.740><c> this</c><00:49:40.920><c> year's</c><00:49:41.220><c> Sunday</c> 00:49:41.390 --> 00:49:42.960 align:start position:0% x 00:49:41.400 --> 00:49:42.950 align:start position:0% x Times<00:49:41.700><c> rich</c><00:49:42.059><c> list</c> 00:49:42.950 --> 00:49:45.240 align:start position:0% x 00:49:42.960 --> 00:49:45.230 align:start position:0% x all<00:49:43.319><c> right</c><00:49:43.380><c> Jewish</c><00:49:43.980><c> families</c><00:49:44.400><c> also</c><00:49:44.880><c> took</c><00:49:45.119><c> out</c> 00:49:45.230 --> 00:49:46.740 align:start position:0% x 00:49:45.240 --> 00:49:46.730 align:start position:0% x the<00:49:45.420><c> three</c><00:49:45.540><c> top</c><00:49:45.780><c> positions</c><00:49:46.200><c> and</c><00:49:46.319><c> wealthy</c> 00:49:46.730 --> 00:49:48.660 align:start position:0% x 00:49:46.740 --> 00:49:48.650 align:start position:0% x familyless<00:49:47.280><c> in</c><00:49:47.700><c> Australia</c><00:49:48.059><c> and</c><00:49:48.420><c> you</c><00:49:48.540><c> can</c> 00:49:48.650 --> 00:49:50.520 align:start position:0% x 00:49:48.660 --> 00:49:50.510 align:start position:0% x replicate<00:49:49.140><c> this</c><00:49:49.319><c> over</c><00:49:49.559><c> almost</c><00:49:50.040><c> all</c><00:49:50.339><c> the</c> 00:49:50.510 --> 00:49:52.319 align:start position:0% x 00:49:50.520 --> 00:49:52.309 align:start position:0% x Western<00:49:50.640><c> countries</c><00:49:51.240><c> and</c><00:49:51.839><c> a</c><00:49:52.079><c> lot</c><00:49:52.140><c> of</c><00:49:52.200><c> the</c> 00:49:52.309 --> 00:49:54.480 align:start position:0% x 00:49:52.319 --> 00:49:54.470 align:start position:0% x European<00:49:52.619><c> ones</c><00:49:52.859><c> as</c><00:49:53.040><c> well</c><00:49:53.160><c> right</c><00:49:53.819><c> so</c><00:49:54.180><c> something</c> 00:49:54.470 --> 00:49:56.760 align:start position:0% x 00:49:54.480 --> 00:49:56.750 align:start position:0% x incredible<00:49:55.140><c> has</c><00:49:55.319><c> been</c><00:49:55.500><c> going</c><00:49:55.740><c> on</c><00:49:55.920><c> over</c><00:49:56.520><c> the</c> 00:49:56.750 --> 00:49:59.400 align:start position:0% x 00:49:56.760 --> 00:49:59.390 align:start position:0% x last<00:49:57.000><c> 100</c><00:49:57.300><c> odd</c><00:49:57.720><c> years</c><00:49:57.839><c> or</c><00:49:58.260><c> so</c><00:49:58.440><c> God</c><00:49:58.859><c> has</c><00:49:59.160><c> been</c> 00:49:59.390 --> 00:50:02.040 align:start position:0% x 00:49:59.400 --> 00:50:02.030 align:start position:0% x taking<00:49:59.579><c> the</c><00:50:00.000><c> base</c><00:50:00.240><c> things</c><00:50:00.900><c> the</c><00:50:01.260><c> spies</c><00:50:01.680><c> of</c><00:50:01.859><c> the</c> 00:50:02.030 --> 00:50:03.900 align:start position:0% x 00:50:02.040 --> 00:50:03.890 align:start position:0% x world<00:50:02.099><c> in</c><00:50:02.640><c> putting</c><00:50:03.000><c> them</c><00:50:03.119><c> in</c><00:50:03.300><c> these</c><00:50:03.599><c> sorts</c><00:50:03.839><c> of</c> 00:50:03.890 --> 00:50:07.559 align:start position:0% x 00:50:03.900 --> 00:50:07.549 align:start position:0% x positions<00:50:04.700><c> huge</c><00:50:05.700><c> influence</c> 00:50:07.549 --> 00:50:09.660 align:start position:0% x 00:50:07.559 --> 00:50:09.650 align:start position:0% x now<00:50:08.040><c> we</c><00:50:08.280><c> know</c><00:50:08.460><c> of</c><00:50:08.640><c> course</c><00:50:08.819><c> the</c><00:50:09.059><c> people</c><00:50:09.240><c> of</c><00:50:09.480><c> God</c> 00:50:09.650 --> 00:50:12.359 align:start position:0% x 00:50:09.660 --> 00:50:12.349 align:start position:0% x and<00:50:09.900><c> the</c><00:50:10.079><c> Jewish</c><00:50:10.380><c> sense</c><00:50:10.559><c> nationally</c><00:50:11.280><c> are</c><00:50:12.180><c> in</c> 00:50:12.349 --> 00:50:14.640 align:start position:0% x 00:50:12.359 --> 00:50:14.630 align:start position:0% x ignorance<00:50:12.839><c> of</c><00:50:13.440><c> their</c><00:50:13.619><c> Messiah</c> 00:50:14.630 --> 00:50:16.140 align:start position:0% x 00:50:14.640 --> 00:50:16.130 align:start position:0% x and<00:50:15.180><c> yet</c> 00:50:16.130 --> 00:50:18.059 align:start position:0% x 00:50:16.140 --> 00:50:18.049 align:start position:0% x God<00:50:16.559><c> is</c><00:50:16.740><c> using</c><00:50:17.040><c> them</c><00:50:17.160><c> as</c><00:50:17.280><c> a</c><00:50:17.400><c> witness</c><00:50:17.520><c> and</c><00:50:17.940><c> we</c> 00:50:18.049 --> 00:50:19.859 align:start position:0% x 00:50:18.059 --> 00:50:19.849 align:start position:0% x can<00:50:18.240><c> see</c><00:50:18.359><c> them</c><00:50:18.540><c> there</c><00:50:18.780><c> for</c><00:50:19.260><c> influential</c> 00:50:19.849 --> 00:50:22.559 align:start position:0% x 00:50:19.859 --> 00:50:22.549 align:start position:0% x throughout<00:50:20.220><c> the</c><00:50:20.400><c> world</c><00:50:20.520><c> as</c><00:50:20.880><c> he</c><00:50:21.240><c> sets</c><00:50:22.140><c> up</c><00:50:22.200><c> Kings</c> 00:50:22.549 --> 00:50:25.140 align:start position:0% x 00:50:22.559 --> 00:50:25.130 align:start position:0% x takes<00:50:23.460><c> Kings</c><00:50:23.880><c> down</c> 00:50:25.130 --> 00:50:27.720 align:start position:0% x 00:50:25.140 --> 00:50:27.710 align:start position:0% x puts<00:50:25.680><c> nations</c><00:50:25.920><c> in</c><00:50:26.220><c> different</c><00:50:26.460><c> places</c><00:50:26.819><c> creates</c> 00:50:27.710 --> 00:50:30.660 align:start position:0% x 00:50:27.720 --> 00:50:30.650 align:start position:0% x crises<00:50:28.319><c> and</c><00:50:28.800><c> brings</c><00:50:29.040><c> about</c><00:50:29.220><c> his</c><00:50:29.579><c> results</c> 00:50:30.650 --> 00:50:33.300 align:start position:0% x 00:50:30.660 --> 00:50:33.290 align:start position:0% x so<00:50:31.020><c> let's</c><00:50:31.200><c> conclude</c><00:50:31.680><c> by</c><00:50:32.040><c> focusing</c><00:50:32.520><c> on</c><00:50:32.819><c> what</c><00:50:33.180><c> we</c> 00:50:33.290 --> 00:50:36.839 align:start position:0% x 00:50:33.300 --> 00:50:36.829 align:start position:0% x begin<00:50:33.480><c> with</c><00:50:34.319><c> what</c><00:50:34.920><c> we're</c><00:50:35.160><c> interested</c><00:50:35.700><c> in</c><00:50:36.300><c> we</c> 00:50:36.829 --> 00:50:38.339 align:start position:0% x 00:50:36.839 --> 00:50:38.329 align:start position:0% x don't<00:50:37.020><c> care</c><00:50:37.200><c> about</c><00:50:37.500><c> the</c><00:50:37.800><c> economics</c><00:50:38.220><c> of</c> 00:50:38.329 --> 00:50:39.980 align:start position:0% x 00:50:38.339 --> 00:50:39.970 align:start position:0% x Finance<00:50:38.700><c> or</c><00:50:38.819><c> wealth</c><00:50:39.119><c> of</c><00:50:39.240><c> this</c><00:50:39.420><c> world</c> 00:50:39.970 --> 00:50:42.300 align:start position:0% x 00:50:39.980 --> 00:50:42.290 align:start position:0% x godliness<00:50:40.980><c> with</c><00:50:41.339><c> contentment</c><00:50:41.880><c> brothers</c><00:50:42.059><c> and</c> 00:50:42.290 --> 00:50:43.920 align:start position:0% x 00:50:42.300 --> 00:50:43.910 align:start position:0% x sisters<00:50:42.660><c> is</c><00:50:42.839><c> great</c><00:50:43.079><c> gain</c> 00:50:43.910 --> 00:50:46.079 align:start position:0% x 00:50:43.920 --> 00:50:46.069 align:start position:0% x we<00:50:44.460><c> brought</c><00:50:44.760><c> nothing</c><00:50:44.940><c> into</c><00:50:45.240><c> this</c><00:50:45.480><c> world</c><00:50:45.720><c> and</c> 00:50:46.069 --> 00:50:48.359 align:start position:0% x 00:50:46.079 --> 00:50:48.349 align:start position:0% x it's<00:50:46.200><c> certain</c><00:50:46.440><c> we</c><00:50:46.740><c> can</c><00:50:46.920><c> carry</c><00:50:47.339><c> nothing</c><00:50:47.460><c> out</c> 00:50:48.349 --> 00:50:50.520 align:start position:0% x 00:50:48.359 --> 00:50:50.510 align:start position:0% x having<00:50:48.960><c> food</c><00:50:49.260><c> arraignment</c><00:50:49.800><c> let</c><00:50:50.040><c> us</c><00:50:50.280><c> speak</c> 00:50:50.510 --> 00:50:52.859 align:start position:0% x 00:50:50.520 --> 00:50:52.849 align:start position:0% x there<00:50:50.760><c> with</c><00:50:51.059><c> content</c><00:50:51.599><c> because</c><00:50:52.200><c> those</c><00:50:52.559><c> who</c> 00:50:52.849 --> 00:50:55.319 align:start position:0% x 00:50:52.859 --> 00:50:55.309 align:start position:0% x will<00:50:53.040><c> be</c><00:50:53.220><c> rich</c><00:50:53.460><c> fall</c><00:50:53.940><c> into</c><00:50:54.180><c> temptation</c><00:50:54.780><c> and</c><00:50:55.140><c> a</c> 00:50:55.309 --> 00:50:57.359 align:start position:0% x 00:50:55.319 --> 00:50:57.349 align:start position:0% x snare<00:50:55.559><c> into</c><00:50:55.740><c> many</c><00:50:56.040><c> foolish</c><00:50:56.760><c> and</c><00:50:56.940><c> hurtful</c> 00:50:57.349 --> 00:51:00.359 align:start position:0% x 00:50:57.359 --> 00:51:00.349 align:start position:0% x lusts<00:50:57.900><c> which</c><00:50:58.559><c> drown</c><00:50:59.040><c> men</c><00:50:59.280><c> in</c><00:50:59.579><c> destruction</c><00:50:59.880><c> and</c> 00:51:00.349 --> 00:51:01.619 align:start position:0% x 00:51:00.359 --> 00:51:01.609 align:start position:0% x perdition 00:51:01.609 --> 00:51:04.619 align:start position:0% x 00:51:01.619 --> 00:51:04.609 align:start position:0% x the<00:51:02.160><c> love</c><00:51:02.339><c> of</c><00:51:02.640><c> money</c><00:51:02.880><c> is</c><00:51:03.839><c> the</c><00:51:04.079><c> root</c><00:51:04.319><c> of</c><00:51:04.440><c> all</c> 00:51:04.609 --> 00:51:07.260 align:start position:0% x 00:51:04.619 --> 00:51:07.250 align:start position:0% x evil<00:51:04.980><c> which</c><00:51:05.579><c> while</c><00:51:05.880><c> some</c><00:51:06.180><c> coveted</c><00:51:06.720><c> after</c><00:51:06.960><c> they</c> 00:51:07.250 --> 00:51:08.940 align:start position:0% x 00:51:07.260 --> 00:51:08.930 align:start position:0% x have<00:51:07.380><c> heard</c><00:51:07.559><c> from</c><00:51:07.859><c> the</c><00:51:08.040><c> faith</c><00:51:08.280><c> and</c><00:51:08.400><c> pests</c> 00:51:08.930 --> 00:51:11.760 align:start position:0% x 00:51:08.940 --> 00:51:11.750 align:start position:0% x themselves<00:51:09.240><c> through</c><00:51:09.599><c> with</c><00:51:09.780><c> many</c><00:51:10.079><c> sorrows</c><00:51:11.160><c> but</c> 00:51:11.750 --> 00:51:15.059 align:start position:0% x 00:51:11.760 --> 00:51:15.049 align:start position:0% x thou<00:51:12.000><c> o</c><00:51:12.240><c> man</c><00:51:12.480><c> and</c><00:51:12.900><c> woman</c><00:51:13.140><c> of</c><00:51:13.440><c> God</c><00:51:13.700><c> flee</c><00:51:14.700><c> these</c> 00:51:15.049 --> 00:51:18.260 align:start position:0% x 00:51:15.059 --> 00:51:18.250 align:start position:0% x things<00:51:15.260><c> and</c><00:51:16.260><c> follow</c><00:51:16.559><c> after</c><00:51:17.099><c> righteousness</c> 00:51:18.250 --> 00:51:22.079 align:start position:0% x 00:51:18.260 --> 00:51:22.069 align:start position:0% x godliness<00:51:19.520><c> Faith</c><00:51:20.520><c> love</c> 00:51:22.069 --> 00:51:25.020 align:start position:0% x 00:51:22.079 --> 00:51:25.010 align:start position:0% x patience<00:51:23.040><c> in</c><00:51:23.760><c> Magnus</c><00:51:24.240><c> and</c><00:51:24.420><c> it</c><00:51:24.599><c> asks</c><00:51:24.900><c> brother</c> 00:51:25.010 --> 00:51:27.180 align:start position:0% x 00:51:25.020 --> 00:51:27.170 align:start position:0% x and<00:51:25.140><c> sisters</c><00:51:25.500><c> look</c><00:51:25.680><c> to</c><00:51:25.920><c> the</c><00:51:26.099><c> time</c> 00:51:27.170 --> 00:51:29.280 align:start position:0% x 00:51:27.180 --> 00:51:29.270 align:start position:0% x when<00:51:27.720><c> the</c><00:51:27.960><c> saints</c><00:51:28.319><c> of</c><00:51:28.500><c> the</c><00:51:28.680><c> most</c><00:51:28.800><c> high</c><00:51:29.099><c> in</c> 00:51:29.270 --> 00:51:32.280 align:start position:0% x 00:51:29.280 --> 00:51:32.270 align:start position:0% x Daniel<00:51:29.520><c> 7</c><00:51:29.880><c> will</c><00:51:30.780><c> take</c><00:51:31.079><c> the</c><00:51:31.319><c> kingdoms</c><00:51:31.859><c> of</c><00:51:32.040><c> men</c> 00:51:32.270 --> 00:51:35.220 align:start position:0% x 00:51:32.280 --> 00:51:35.210 align:start position:0% x and<00:51:33.059><c> possess</c><00:51:33.420><c> that</c><00:51:33.660><c> Kingdom</c><00:51:34.079><c> forever</c><00:51:34.500><c> even</c> 00:51:35.210 --> 00:51:38.720 align:start position:0% x 00:51:35.220 --> 00:51:38.720 align:start position:0% x forever<00:51:35.760><c> and</c><00:51:36.540><c> ever</c>