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Browsing: Economics
Posted in: Business, Economics
How the Rich Beat the Taxman
How do the rich avoid paying tax and protect their fortunes? Dispatches reveals the clever devices they use. With more than 20 millionaires in the cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the coalition. George Osborne says ‘we’re all in this together’ but are ministers and [...]
The People’s Republic of Capitalism
Joined at the Hip Perhaps nothing crystallizes the theme of Ted Koppel’s excellent documentary series “The People’s Republic of Capitalism” like the production of Ethan Allen couches. Over four episodes (Last episode is missing from DocumentaryStorm), Koppel reveals increasing economic interdependence between the United States and China, and daily business for the American furniture maker [...]
Posted in: Countries, Economics, War
Life and Debt
Utilizing excerpts from the award-winning non-fiction text A Small Place by Jamaica Kincaid, Life and Debt is a woven tapestry of sequences all focusing on the stories of individual Jamaicans whose strategies for survival and parameters of day-to-day existence are determined by the U.S. and other foreign economic agendas. By combining traditional documentary telling with [...]
Posted in: Business, Economics
The Midas Formula: Trillion Dollar Bet
The history behind perhaps the greatest formula ever created in finance: the Black-Scholes-Merton options pricing model. Two of its creators were awarded the Nobel Prize in Economics in 1997. A year later their hedge fund Long Term Capital Management (LTCM) had collapsed with staggering losses of $100 billion due to significant leverage of the strategy. [...]
Who Will Save the Euro?
It is not just the banks that are in danger of going under. It is entire economies. They are the ones in need of emergency cash to stay afloat. For some time we have been saying that Europe’s financial ‘white knight’ may end up wearing Chinese armour or even a South American uniform? Now it [...]
Ten Trillion and Counting
The journey begins as FRONTLINE correspondent Forrest Sawyer takes viewers to a secret location: the Treasury’s debt auction room, where the U.S. government sells securities backed by the “full faith and credit of the United States.” On this day, the government is auctioning $67 billion of Treasury securities. The money borrowed will be used to [...]
Posted in: Business, Economics, Society
Rising Gulf
This Dutch documentary examines the silent revolution that is taking place in the United Arab Emirates (and the Gulf region in general) where Bedouin tents have been replaced by luxury and indulgence. While most of the world media’s Middle East focus has been portraying the region as a source of conflict, an incredible process of [...]
Posted in: Economics, Society
California Dreaming
California is a strong brand, a land of dreams, movie stars, surfers and has a wonderful climate all year. But the state is practically bankrupt and the city of Los Angeles has no more cash. Public services are being scaled back and unemployment has been steadily increasing. But even in these dire financial times, feelings [...]
An Inconvenient Death
For those who enjoyed the documentaries: “Capitalism: a love story” and “Enron: the Smartest Guys in the Room” comes a middle class take on the economic collapse. “An Inconvenient Death” documents the death of the American working class and the catastrophic debt that is crushing American society. From the creator of “World`s Best Crap”.
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