51:58The Wall Street bombing occurred on September 16, 1920, when a horse-drawn wagon filled with dynamite exploded in front of J.P. Morgan & Co., killing 38 people and injuring hundreds. The attack was never solved, but it is believed to have been carried out by anarchists as a form of political violence against capitalism. The bombing helped launch the career of a young J. Edgar Hoover and sparked a bitter national debate about how far the government should go to protect the nation from acts of political violence.
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...
47:18"Quants" are the mathematicians, software developers and computer programmers at the centre of the global economy. These are the people who designed the "complex financial products" that caused the financial crisis of 2008. Here they speak openly about their game of huge profits, and how the global economy has become increasingly dependent on mathematical models that quantify commodified human behaviours to the point of insanity. But things don't stop there. Through the convergence of economy and technology, the Quants have now brought this model into the world of the machines, where trades are done at the speed of light, far from the realm of human experience. The machines are in charge. Some Quants are even now worried. What are the risks of this complex machine? Will the Quants be able to keep control of this financial system, or have they created a monster?