Panic: The Untold Story Of The 2008 Financial Crisis Documentary Watch Video

Panic: The Untold Story of the 2008 Financial Crisis

 

History; year=2018; Duration=96m; 212 vote; actors=Chris Dodd.
Home, The Current with Anna Maria Tremonti.
Really professional documentary with all the key players involved, certainly giving me an insight into the motivations and hard work behind keeping the US and probably the world economy afloat.
was disappointing was the lack of challenge to the actions that took place, the lack of a counter view. All we got was the acknowledgement that they realised their actions were unpopular, but they maintained they were necessary.
The government, financial watchdogs and banks caused the recession due to a combination of actions. Successive governments starting with Reagan and leading to the present day have removed the "checks and balances" that were in place to prevent another depression. Where are the consequences for these people?

• How can any system & country be in a situation where a private company can destroy the economy and create misery for millions?
• Why weren't measures and controls in place to ensure this didn't happen?
• Why weren't all the management removed for all the companies involved?
• What measures are now in place?
• What retrospective actions has or is happening to hold the banking system accountable for the misery they created?

Unfortunately, in the end we only got the perspective of the people that caused this crisis and how they went about trying to fix it.
There were other options; how about nationalising the banks to ensure credit was lent to businesses (I know the US is irrationally against any form of socialism, but this was a viable option. A recession is not caused by the banks going bankrupt, it was caused by the lack of "credit" being available to businesses and people, so resolve that issue, rather than just keeping the guilty people in a job and maintaining a morally corrupt system.
Anyway, it was a well-made documentary, just too one sided and no real challenging questions were put to the people who caused the problem.
The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009.
This Documentary is made as good as you can make it about a very big problem that was felt all around the world. What is more important then the artistic perspection is the story, and for those of us who care (US or non- US) to know how the crysis started, and how efforts were put in to downsize it's effects!
It's presented from the inside, from the Government's perspective, and if you put politics and masses psychology aside, you will get a real feel about the effects of the actions that some people make for the greater good.
Well, as someone who worked in finance during the crisis, it was more along the lines of everyone (including rich assholes) fucking shit up for everyone else through bubble thinking, the notion that property prices wouldn't significantly drop.

 

Financial crisis of 2007–2008. From the food we eat to the clothes we wear, this VICE Special Report explores technologys threat to the American worker and the ways we are responding. Book Shelf - Wall Street On Parade. Latest breaking news, including politics, crime and celebrity. Find stories, updates and expert opinion. News: Breaking stories & updates - Telegraph.