David Cay Johnston is an excellent lecturer, who can address economics and public policy in clear and simple statements.
This is one of most informative talks I have heard about where we are, and how we got here, what the crony kleptocracy is, and how it works.
Johnston's concept of a societal panic corresponds to the notion of national hysteria which I have expressed on a number of occasions. But he fills out the idea more fluently and fully. It is a dangerous period of time which can yield new ideas and concepts, depending on how well we survive it.
It is a must watch, and I rarely say that.
