Global Financial Meltdown – One Of The Best Financial Crisis Documentary Films

Meltdown is a four-part investigation into a world of greed and recklessness that brought down the financial world. The show begins with the 2008 crash that pushed 30 million people into unemployment, brought countries to the edge of insolvency and turned the clock back to 1929.

But how did it all go so wrong? Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced “light touch regulation” – giving bankers a free hand in the marketplace.

Meltdown moves on to examine the epidemic of fear that caused the world’s banks to stop lending and how the people began their fight back. Finally, it asks how the world can prepare for the next crisis even as it recognises that this one is far from over.

We hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism.

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25 thoughts on “Global Financial Meltdown – One Of The Best Financial Crisis Documentary Films

  1. If you take money out of politics, I feel that a lot of this shit would be
    fixed. In 2012, Obama and Romney collectively spend 2 billion on
    campaigning to get a job that pays 500K a year, if that doesn’t scream that
    the system is rigged I don’t know what does.

  2. The Wall Streeters should have been walked into the street and executed.
    We did not do that and the Wall Streeters have continued to rob the worker.
    Shame on us.

  3. You save bear sterns you save aig…but you dont save Lehman….hank works
    in mysterious ways…:)

  4. Neo-liberal/trickle down economic theory. And although this experiment has
    clearly failed, it hasn’t failed for those with the money and they have all
    the power. Or at least, it appears so now that unions are basically
    toothless, if not all but non-existent. The Occupy movement had potential
    but the fact is we are not hungry enough yet. So, they all went back to
    work to survive. If they had been starving, they’d have had nothing to lose
    and everything to gain. It has to get the point where we’ve had a gutsfull
    but an empty stomach. As Bob Marley sang, “Dem belly full but dem hungry. A
    hungry mob is an angry mob.”

  5. I don’t love bankers but blaming greed is baby-talk. Businesses aim to make
    a profit (duh) and the government tells them what they can or can’t do. One
    reason the banks lent money to bad credit risks is that banks don’t hold
    the loans but sell them quickly to Fannie Mae or Freddy Mac or to Wall
    Street. Fannie and Freddy decide what level of safety they will require of
    loans they buy. The bank makes its money from the origination fee and the
    servicing fees. The servicing may also be sold to a third party specialist.
    The Community Reinvestment Act also was a cause in that it required banks
    to lend money to minorities who would otherwise not qualify. Countrywide
    was one of the better companies. 

  6. What’s this thing about competitive tax?? You don’t like the taxes go
    elsewhere.. Cronyism.. Freaking you can’t pay even 20% in taxes???

  7. #Documentary : Four-part investigation into the world of greed and
    recklessness that led to financial collapse. Doc Zone has traveled the
    world – from Wall Street to Dubai to China – to investigate The Secret
    History of the Global Financial Collapse. Meltdown – is the story of the
    bankers who crashed the world, the leaders who struggled to save it and the
    ordinary families who got crushed.

    #GlobalFinancialCrisis #GlobalFinancialMeltdown #2008Crisis 

  8. They are blaming the ppl for not making their payments. But mortgage
    manipulations was the wrong. We had no late payments what so ever until the
    economy crashed along with hurricanes etc….. The banks didn’t mke it
    affordablem the banks like making late fees etc…..

  9. History should have taught people that they cannot allow a wealthy class to
    exist. In politics, as in economics, et al, those who have wealth will use
    it to enslave those who do not have it. Like it or not, it is a dog eat
    dog eat dog world. Those who cling to fuzzy, sentimental notions about the
    brotherhood of man will always be dominated by those who don’t.

  10. Nice documentary to get a general idea how it all went down. but while
    watching this, u need to have one thing in mind. NO ONE was surprised by
    this ‘sudden’ meltdown (except the regular people). It didn’t take the
    banksters by surprise.. it was all well planned and projected. They did it
    on purpose, just like the big wall street stock market fail in the 1900’s
    and so on. There is so many examples through history..basically every
    bigger financial crisis in the world. Keep in mind if u follow the money
    trail, u get to understand that absolutely EVERY bank in the world (no
    matter the country) is in the same hands.. That goes for central banks of
    every country as well, except for North Korea, Cuba (?!) and probably Iran.
    So its all well planned, and result is always the same.. ITS ALL JUST A
    SHOW. And we are all just the unfortunate spectators.. System is flawed on
    purpose. 

  11. Decades after the great depression the Federal Reserve (a creation of the
    federal government) finally admitted that it was their fault. The 2008
    meltdown was also a result of bad government policies.

  12. Phil Angelides uses the term “rationally explain”. Here we are in 2015
    with 2 million murdered, 6 million refugees, and on the verge ofWWIII. You
    stupid FUCK!!!
    What is there to explain? The planet is being destroyed by assholes like
    you.

  13. I Had No Idea That The Meltdown Went This Far. A lot of crooks should have
    gone to jail.

  14. The psychopaths that created the meltdown were put in charge of cleaning up
    their mess. Nothing that caused this crash has been corrected. These
    psychopaths are about to unleash a financial crash that will be the worst
    ever. Derivatives totaling in the Quadrillions of dollars will crash taking
    down the whole world. These derivatives were created by these same pathetic
    psychos. I will pray for all of the good and decent folks to be ready when
    this meltdown occurs. May God be with you and help you through what will be
    the most difficult time in you lives. Prepare as best you can now!

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