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Meltdown-The men who crashed the world

http://www.aljazeera.com/programmes/meltdown/

wow how good is this documentary-its made by aljazeera who is a non-biased news reporter

Meltdown is a four-part investigation into a world of greed and recklessness that brought down the financial world. Beginning 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, it 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.

Comments

  • JohnLast 3893 days ago

    But still I do not believe it.  It is just part of the story. And it is quite fun if you have a dark sense of humour. During the dot com crisis, they say. Wow people were speculating in something immaterial in Internet something that has not internal value. Then they say OK we will find something else. And the real estate appeared as the most sound thing. And a new booble developped. The interest rates were low, really low in order to make the stock parmet to rebuild itself. And a new bubble developped. The thing is that we are in big shit. And the big shit is the energy, the scarce ressource we have. The ecology crisis. That is the really big shit. And the whole global economics has to reorganize. And crisis help reogranization. And in that perspective the crisis was necessary evil.  

  • JohnLast 3893 days ago

    But still I do not believe it.  It is just part of the story. This is not the full story.

    And it is quite fun if you have a dark sense of humour. During the dot com crisis, they say. Wow people were speculating in something immaterial in Internet something that has not internal value. Then they say OK we will find something else. And the real estate appeared as the most sound thing. And a new booble developped. The interest rates were low, really low in order to make the stock market to rebuild itself. And a new bubble developped. The thing is that we are in big shit. And the big shit is the energy, the scarce ressource we have. The ecology crisis. That is the really big shit. And the whole global economics has to reorganize. And crisis help reogranization.

    And in that perspective the crisis was necessary evil.

    If there was not a slow down of the economics the end would be quicker.

    The economy development was in total  divergence with the real situation. The crisis buys us time to organize everything. To kick out of the business those who does not deserve it. I think that the guy who gets is right is Alvin Toffler. He says it is not possible to talk about crisis when there are some industries that are going very well. For example the I phone miracle. The facebook. What is going on is a total change in our civilization. Are we going to survive it? We change or we die, that is what is going to happen. 

  • londontrader 3893 days ago

    hey john u have a pretty good knowledge of americas economic history over the past 2 decades

    i reckon agriculture is the way to go,its a sound investment and water also,since without the 2 we wouldnt survice

    hey did u know that a medium sized cat produces more carbon doxide what a large car

    lol,theres heaps of cat lovers in this world that are hooligan greens fighting against global warming while unknowingly they are a major contributor of it,haha thats dark humor dude

     

  • JohnLast 3892 days ago

    Hi, I would not say that I am a specialist on american history. What we all try is to understand what is going on. Really? 

    All the medias stuff is polluting with information overflow.

    What we need to understand are the big processes that are going on. 

    And it is necessary to be on the right side of the trade.

    That is why we are here we want to reconsider everything and to be on the right side of the trade.

     

  • londontrader 3892 days ago

    well its their bread and butter to hype bullcrap so they can make money

    otherwise they wouldnt be a a news channel