General Electric Is CRASHING! – The End Of An Empire

Josh Sigurdson talks with author and economic analyst John Sneisen about the fall of General Electric (GE) as the company gets incredibly financialized and falls with the rest of the banking system.
Once the greatest company in America is now reduced to a tiny share price with a vast debt load. After the 2001 dotcom bubble, the company never truly recovered. It got deep into the financial market with GE Capital and attempted to save itself that way, but with 2008 leading into 2019, the company has almost nothing left. They aren’t innovating. They aren’t producing much of anything, they’re just a shell.
John explains how this has come to happen to the company once credited with bringing the United States out of the Great Depression (falsely of course) and what this says about the overall market as banks and institutions face massive bankruptcies.
This is all part of the global currency domino effect!

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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29 Comments

  • Nora Clarke
    Reply

    F_ck General Electric! Democratic controlled welfare queens. They are broke and cannot operate without Government subsides. Ivy League pussys.

  • JDR1760SUPERSTAR
    Reply

    GE will go down for INSTALLING THE DEADLY KILLSWITCH IN AIRPLANES BOING & AIRBUS WHEN THE VICTIMS FIND THIS OUT
    THE SHIT WILL HIT THE PROVERBIAL TURBOFAN!!!

  • Matt ward
    Reply

    What’s this I’m hearing that its ILLEGAL to mail precious metals in Canada !! Some new law they just passed. Is that true??

  • No Hope Equals no fear
    Reply

    I can still see jack welch smiling ear to ear as he fires 10% of his workforce every year, all the while using the GE airplane jet fleet as his personell taxi to fly the world to goof off. Dumb. Jack ass behavior.

  • Tudor Lucian
    Reply

    ??…how u r proposing fo the many to just become self sustaining and isolatin themsefs..?..u r just big mouth propaganda , find somthing that help many do what u r proposing ! Find a global solution as a good idea for all to achive that ! Start with truth in education by give true knowlage of tech , educate truth..? That helps …

  • jr.
    Reply

    GE used to be my favourite stock back in the day. its really sad to see this happening. now the party is over, it was fun while it lasted ?

  • Blackplumber333
    Reply

    I don’t think GE is going broke. I think they are restructuring the entire company. They have already set up companies overseas. It called misdirection.

  • randy osborne
    Reply

    The Free Market = The best quality, the best service, the best price in an environment of supply and demand, where everybody is exposed to consequences or rewards based on their own actions, just as the next person.

  • jr.
    Reply

    this fake capitalism is coming to an end. theres going to be no more of these fake bailouts to save some of these companies anymore

  • randy osborne
    Reply

    Please tell us a list of hidden zombie companies like G.E. in your next show. We need a list of canaries in the coal mine to understand when things are about to take a turn for the worst.

  • wayne mcclory
    Reply

    And just like the Douch Bank the corporate Officials robed the coffers blind.!! GE i wonder where the money went ? This thief is happening in every corporation in the world and it (has ) crashed everything. Holed as much precious metals as you can find because this will turn into the worse recession ever. Maybe it will be a Depression.. what made it worse is (stock buy backs ) that debt is the cause of this Global collapse.

  • Jeremy Stevenson
    Reply

    John’s comments about using money to make money is a huge problem. Retail companies offer insane markdowns and incentives to use their credit facilities.

  • Gregg Vasko
    Reply

    The corrupt US Government won’t let GE fall because it is a matter of fucking national security…………They both need to crash!!!!!!!!1

  • Tom Provan
    Reply

    Because I’ve traded stocks heavily I totally understand what you are saying. But this is a good video for people who haven’t traded stocks for them to understand that there is nothing of real value being made. It’s a good video you made. I hope people look at it and understand what’s coming why it’s coming and it may give them a little understanding of what to do about it

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