Tuesday, November 19, 2013

The Financial Crisis of 2008: Travesty and Contradiction



The 2008 global financial meltdown of over $20 trillion resulted in millions of families and individuals losing their homes and jobs.  Conventional wisdom narrates economic successes of the “recovery,” though recovery continues for the global middle and under classes five years later. 

Emotional impacts are never part of any measurements.  What quietly goes unsaid is that the financial lives and aspirations of most of those individuals will never be the same while financial institutions have new found global power and leverage. 

Inside Job is the first film to expose shocking facts behind the economic crisis of 2008 that were selectively omitted in the reports that covered the unfolding events of those days and led to global conditions today.

Extensive research and interviews with financial insiders, politicians and journalists, provide the source material that Inside Job uses to chronicle the rise of a rogue industry and unveil the corrosive relationships which corrupted politics, regulation and academia.

For example, the graphic below broadly illustrates the difference between the ways the financial crisis was “resolved” in two countries.  (Note: the British solution also resembles the USA model). 

Follow this link to learn more ►https://www.youtube.com/watch?v=9Xyn3OnsH3o




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