In times of crisis people seek strong leaders and simple solutions. But what happens when their solutions are identical to the mistakes that caused the very crisis? ‘Overdose’ is the story of the greatest economic crisis of our age, the one that awaits us. The documentary traces the origins of the financial crisis and explores the eerie similarities with today’s situation, where states like Greece
In the second half of this special two-part Dispatches, economist and author Will Hutton continues the definitive insider’s account of how Britain’s economy went from boom to bust.Hutton reveals how those who tried to warn of the impending financial disaster were shouted down, ignored or fired. As a result, the repercussions of the collapse of Lehman Brothers hit an unprepared and vulnerable U
As the credit crunch continues to leave Britain cash-strapped and high street banks report huge losses, Dispatches investigates who is responsible for the current crisis. Reckless lending and risky investments have been blamed for directly driving up mortgage rates and increasing the numbers of people losing their homes.Dispatches investigates how the bank chiefs allowed this to happen and if
Blind Spot is a documentary that establishes the inextricable link between the energy we use, the way we run our economy and the effect it has had on our environment.It takes as a starting point the inevitable energy depletion scenario known as Peak Oil to inform us that by whatever measure of greed, wishful thinking, neglect or ignorance, we are at a crossroad which offers two paths, both wit
Script in part based on presentation by Nick Barisheff, president and CEO Bullion Management Group Inc. at the Empire Club in Toronto Canada January 6, 2011For actual speech visit www.bmgbullion.com at these links: Speech: http://bmgbullion.com/document/806PPT presentation: http://bmgbullion.com/document/816You Tube Part 1: http://www.youtube.com/watch?v=kSIM_T...You Tube Part 2:
When Atlantic Richfield prospectors struck oil at Prudhoe Bay early in 1968, they stumbled upon the largest oil field ever discovered in North America. Getting that oil out of Alaska would take nine years, employ some 78,000 people, cost more than $8 billion, and require threading 800 miles of steel pipe through America’s most pristine wilderness.American Experience presents The Alaska Pipeline,
Episode One: The Battle of IdeasA global economy, energized by technological change and unprecedented flows of people and money, collapses in the wake of a terrorist attack .... The year is 1914.Worldwide war results, exhausting the resources of the great powers and convincing many that the economic system itself is to blame. From the ashes of the catastrophe, an intellectual and political str
Slovenian philosopher Slavoj Zizek, akaThe Elvis of cultural theory, is given the floor to show of his polemic style and whirlwind-like performance. The Giant of Ljubljana is bombarded with clips of popular media images and quotes by modern-day thinkers revolving around four major issues: the economical crisis, environment, Afghanistan and the end of democracy. Zizek grabs the opportunity to rut
Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit crunch has shown how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behavior. Now the quants are at the heart of yet another technological revolu