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PBS Frontline - The Crash (1998)
PBS Frontline - The Crash (1998)
Frontline looks at the 1998 global economic meltdown that saw the Dow Jones Industrial Average plummet 512 points. Targeting the reasons behind the fallout, the measures to prevent such a severe collapse again, and the high-stakes poker game of unregulated capital, the program's highlights include commentary from top fund mangers and policy analysts on the crash and the odds of it happening again.
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Category | Documentary |
Uploaded by | |
Uploaded on | Oct 25, 2009 |
Number of files | 1 |
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| 250 |
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3 Comments
After the latest economic meltdown, this documentary is amusing and foretelling. I'm pretty sure there will be more economic bubbles to pop in the future.
Oct 25 2009, 04:13 CET
Credit Market Implosion. Countries will try to distance themselves from a discredited dollar in an attempt to insulate themselves from the big one. This big crash will wake people up, because they will find that they can no longer rely on big brother or private interests to protect themselves. The umbilical chord will detach. Or we will turn in to a helpless fascist regime and elect a charismatic douche and attempt to steal what we have lost... Or maybe not, but intriguing days these are.
Oct 25 2009, 10:51 CET
i would like (immodestly) to stand the term "rentier state" on its head.
it's not the states that rent out their resources and live off that income (like Saudi Arabia, or, more recently, Russia), but states that OWN the market and rent it out to other states...with the thread of eviction.
The US is exactly that state - increasingly substituting productive capacity for spin on the markets and unashamed plunder.
interesting times indeed.
it's not the states that rent out their resources and live off that income (like Saudi Arabia, or, more recently, Russia), but states that OWN the market and rent it out to other states...with the thread of eviction.
The US is exactly that state - increasingly substituting productive capacity for spin on the markets and unashamed plunder.
interesting times indeed.
Oct 25 2009, 22:54 CET
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