Topic financial crisis
Overdose: The Next Financial Crisis
468 views
With the recent global financial crisis, governments across the world promised decisive action -- the biggest financial stimulus packages in history, along with gargantuan bail-outs of corporations and floods of money into private banks and investment firms. But what crazed logic is this: propping up bad debt with…more bad debt? Overdose reviews the happenings of the bail-outs over these years, showing how dangerous the situation continues as a burst bubble is re-inflated globally. What happens next?
1929: The Great Crash
543 views
Over six desperate days in October 1929, the New York Stock Exchange crashed leading to the collapse of three thousand banks, taking people's savings with them. In a matter of days, the United States economy was obliterated. The crash was followed by a devastating worldwide depression that lasted until the Second World War. Finances did not regain their pre-crash values until 1954. This film recounts the story of a financial disaster that we hoped could never happen again, revealing the familiar tune of cheap credit, consumerism, greed, corruption and cronyism in the current-day financial crisis...
For Sale — The American Dream
719 views
Six years after the housing bubble burst in the United States in 2008, the worst is yet to come. After a recent landmark settlement, major banks have lifted the freeze on foreclosures, with evictions again in full swing. Public housing budgets have been slashed, while the thin line between home ownership and homelessness grows ever more blurry. People are angry about the impunity of the banks and some have found innovative ways of fighting back in an age of austerity. For Sale travels to Chicago and California to see how people at the forefront of the crisis are confronting the collapse of the 'American dream'.
Let’s Make Money
1.39K views
Let's Make Money investigates the development of the world-wide financial system, showing that elitists economically exploit the rest of society, especially in the developing world, but also in western nations. Using the savings of a typical depositor as a case study, the film moves around the global system, showing exploitation at many levels. There are several interviews with investment managers, politicians, economists as well as homeless people and workers who give their take on the system and its impacts...
Catastroïka — Privatisation Goes Public
815 views
Catastroïka follows the global trend of privatisations in the past two decades, extrapolating the forthcoming results of the current sell-off in Greece, which has been demanded in order to face the country's enormous debts. Turning to the examples of London, Paris, Berlin, Moscow and Rome, Catastroïka predicts what will happen, if the model imposed in these areas is imported in a country under international financial tutelage...
Inside Job
1.80K views
Inside Job provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through interviews with key financial insiders, politicians, journalists, and academics, Inside Job traces the rise of a rogue industry which has corrupted government and academia...
Confessions of An Economic Hit Man
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Confessions of an Economic Hit Man is a presentation by John Perkins, based on the book by the same name published by him in 2004. Perkins provides an account of his career with consulting firm Chas. T. Main in Boston and how that before his employment with that firm, he was interviewed for a job with the National Security Agency, detailing later that this interview effectively constituted an 'independent screening' which led to his subsequent hiring by Einar Greve, a member of the firm (and alleged NSA liaison) to become a self-described economic hit-man...
The Shock Doctrine
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By comparing the confluence of ideas about modifying behaviour using shock therapy and other sensory deprivation alongside the "shock treatment" of modifying national economics using the teachings of Milton Friedman and the Chicago School of economics, The Shock Doctrine presents the workings of global capitalism and details how the US, along with other western countries, has exploited natural and man-made disasters in developing countries to push through free market reforms from which they stand to benefit...
Capitalism Is The Crisis
1.19K views
The 2008 'financial crisis' was a systemic fraud in which the wealthy finance capitalists stole trillions of public dollars all over the world. No one was jailed for this massive crime, the largest theft of public money in history. Instead, the rich forced working people across the globe to pay for their 'crisis' through punitive 'austerity' programs that gutted public services and repealed workers' rights. Capitalism Is The Crisis shows this very nature of the global economy, visits the protests against it, revealing revolutionary paths for the future. Special attention is devoted to the situation in Greece, the 2010 G20 Summit protest in Toronto, Canada, and the remarkable surge of solidarity in Madison, Wisconsin...
Surplus — Terrorised Into Being Consumers
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Featuring George Bush's famous "go-shopping-speech" calling for a war against terrorism that deters the nation from the fear of consumption; Castro responding with hymns to the anti-consumerist, advertising-free island of Cuba; Bill Gates and Steve Ballmer preaching that the computer will give us peace on earth, and "bring people together rather than isolate them"; while Adbuster Kalle Lasn warns that advertising pollutes us mentally, that over-consumption is unsustainable, that we are running out of oil and this will cause a global economic collapse...
Money As Debt II
1.05K views
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 and 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! If this is puzzling to you, you are not alone. Very few people understand, even though all of us are affected -- and this is by design...
Money As Debt
1.93K views
Money is a new form of slavery and is only distinguishable from the old slavery simply by the fact that it is impersonal -- that there is no human relation between master and slave. Debt in 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 that there isn’t...
Addicted to Money
2.47K views
We have not just been living through a global recession, but what amounts to the largest coordinated, economic crime in recent history. Now, having barely survived a complete collapse of the financial system, the global economy is tottering on the brink. We’ve reached the limits of what our desires demand of the planet and what it can deliver. But, by looking to past failed civilisations, can we learn what not to do with our future? Like the ancient Mayans, we’re reaching peak everything -- oil, land, population, climate, food and water and the question is whether we can manage the change. But as we embark on a quest for re-building a sustainable economy and a sustainable planet, is this crisis the wake-up call we desperately need to have? Do we need to turn eco-warriors into eco-capitalists and launch the next great bubble -- a Green Bubble?
Breaking The Bank
784 views
In September 2008 when the American economy was on the verge of melting down, the then-Secretary of the Treasury Henry Paulson, his former protégé John Thain (CEO of Merrill Lynch), and Ken Lewis (CEO, President, and Chairman of the Bank of America) secretly cut a deal to merge Bank of America and Merrill Lynch -- in the midst of stock collapse; a rocky merger; the worst fourth-quarter losses in at least 17 years; a stockholder revolt and an urgent need to raise more capital despite a $45 billion "bail-out" from the federal government...
25 Million Pounds
2.21K views
25 Million Pounds details the collapse of Barings Bank in the mid 1990s -- one of the oldest and most prestigious merchant banks in Britain, run by the same family for decades with extensive ties to Britain's elites...