How Did Warren Buffett Know Stocks Would Crash?!? w/ Prof. Richard Wolff

On Monday the Dow Jones Industrial Average and NASDAQ both nosedived, recording substantial losses totaling trillions of dollars. Other economic indicators remain poor as well, and despite what alleged efforts the Fed may take, the signs of a coming recession are impossible to ignore. One individual who anticipated the crash was billionaire investor Warren Buffett, who unloaded a substantial amount of his Apple stock holdings just before the crash. Jimmy talks to Economics Professor Richard Wolff about how investors like Buffett help drive crashes, and why crashes like this are typical for a capitalist system and should be expected to happen every 4-7 years. Professor Wolff on Twitter: Professor Wolff on YouTube: Visit and use promo code JIMMY for 15% off and free shipping. Become a Premium Member: Go to a Live Show: Subscribe to Our Newsletter: LIVESTREAM & LIVE SHOW ANNOUNCEMENTS: Email: Twitter: Facebook: Instagram: WATCH / LISTEN FREE: Videos: Podcasts: (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.) ACCESS TO FULL REPLAYABLE LIVESTREAMS: Become a Premium Member: SUPPORT THE JIMMY DORE SHOW: Make a Donation: Buy Official Merch (Tees, Sweatshirts, Hats, Bags): ? DOWNLOAD OUR MOBILE APP: App Store: Google Play: Jimmy Dore on Twitter: Stef Zamorano on Twitter: About The Jimmy Dore Show: #TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.