This video features economist Ann Pettifor, who accurately predicted the 2008 financial crisis, discussing the inherent instability of the global financial system. She explains how speculative finance, shadow banking, and cryptocurrencies create bubbles that detach from the real economy, leading to debt crises and exacerbating inequalities. Pettifor argues for reclaiming democratic control over central banks and financial policy, drawing lessons from historical 'golden ages' and advocating for systemic change, including the Green New Deal, to address both economic and environmental challenges.