In my time as a LA County building inspector, I inspected approximately 45 carnivals. I would not let family and friends get on the rides if I were you.
There is mention that the ride was making alarming noises. I had a ride similar to this only ten time larger. With every revolution there was a loud bang that sounded like hitting an oil drum with a sledge hammer. I asked the operator what that noise was ... he was clueless. He said that it started doing that at the last city they were in.
The ride in the video fell over when it seized up and the momentum tipped it over. My guess anyway.
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