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Top 10 Economic Meltdown Documentaries To Watch
Here are ten of the best documentaries to watch about economic meltdown:
Mix Top Ten
10. The Crash Of 1929 (1990)
Producer: Ellen Hovde and Muffie Meyer
Rating: 7/10
In 1929, while the stock market was rising, seemingly without limits, there were few critics. Based on eight years of continued prosperity, presidents and economists alike confidently predicted thatAmerica would soon enter a time when there would be no more poverty, no more depressions—a “New Era” when everyone could be rich. The Crash of 1929 captures the unbounded optimism of the age and the shocking consequences when reality finally hit, exploring a fateful year through the words and experiences of the descendants of several titans of finance.
[source: Pbs.org]
9. Money as Debt 1 (2013)
Director: Paul Grignon
Rating: 7.5/10
Todays money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave. Debt- government, corporate and household has reached astronomical proportions. Where does all this money come from? How could there BE that much money to lend? The answer is…there isn’t. Today, MONEY IS DEBT. If there were NO DEBT there would be NO MONEY. ~ 47 min.
8. Money As Debt 2 (2013)
Director: Paul Grignon
Rating: 7.5/10
Bailouts, stimulus packages, debt piled upon debt…Where will it all end?
How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! Money as debt 2 explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT… and how we might evolve beyond it into a new era.
[source: moneyasdebt.net]
7. Economic Collapse ‘How the Banks Won’ (2010)
Producer: EconomyMeltdown
Rating: 7.8/10
This documentary is a very thought provoking investigation into the financial sector in the United Kingdom. The investigation into practices of investment banks in the United Kingdom is conducted by former investment banker Will Hutton just as the investment banks are beginning to recover from the global financial crisis.
The investigation looks long and hard at how the investment banks are running their businesses, how they determine the bonuses they pay their employees. The banks resisted intense pressure to reform their practices and it only highlights the opinion and research by the OECD that the United Kingdom is internationally unusual because some of their senior bankers have major positions in government and the civil service. Therefore for the majority of banks it appears that it is “business as usual,” irrespective of what happened during the global financial crisis.
The global financial crisis is well represented by the wealth of information and documentaries available on this website
6. Global Financial Meltdown [2010]
Producer: CBC
Rating: 8.1/10
Meltdown is a four-part investigation into a world of greed and recklessness that brought down the financial world. The show begins with the 2008 crash that pushed 30 million people into unemployment, brought countries to the edge of insolvency and turned the clock back to 1929.
But how did it all go so wrong? Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced “light touch regulation” – giving bankers a free hand in the marketplace.
Meltdown moves on to examine the epidemic of fear that caused the world’s banks to stop lending and how the people began their fight back. Finally, it asks how the world can prepare for the next crisis even as it recognises that this one is far from over.
We hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism.
[source: http://www.RebelMystic.com]
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