Overdose: The Next Financial Crisis

[Andy Nguyen]

This movie on the causes of the financial crisis was produced in Sweden by Henrik Devell, directed by Martin Borgs, and narrated by Johan Norberg, a Senior Fellow at Cato Institute, and a prominent libertarian and frequent guest on Stossel. It is very professionally done and entertaining.
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In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very crisis? This is the story of the greatest economic crisis of our age, the one that awaits us.

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[billy d]

Thank you Andy

 

[atreides]

The Peter Schiff guy is running for senate

 

[atreides]

The Peter Schiff guy is running for senate

Foresight is always 20-20

 

[ThinkDifferent]

The Peter Schiff guy is running for senate

he already lost. back to financial shows action.

 

[joel_b]

Maybe I missed it, but they don't spend a much time talking about how to actually avert the problem, or unwind the current position. There's just people saying it's going to happen, and it's 'not too late' to do 'something'.

It's a flashy summary of what happened and the current state of things, but the premise is about a future crisis, but spends most of the time just building a case for fear rather than action and solutions.

 

[iHateVariance]

For a gd dose of pessimistic thinking I go to zero hedge | on a long enough timeline, the survival rate for everyone drops to zero