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Chocolate Coins

"How Did It Happen?"

Posted on 2012.01.08 at 15:06
A few weeks ago, a post by a friend of mine, about the inconvenience of dealing with "Occupy" protestors, there ended up being a lot of comments by people who really had no understanding of what went wrong that caused the global economy to crash.

HBO films made a truly amazing movie called Too Big To Fail (The title is a link to IMDB, by the way,) which is, given that it's literally an entire movie about middle-aged white guys talking about economics, a stunning, gripping, dramatic film.

And it features a wonderful explanation of what really caused the crash. It's dramatic, it's funny, it features a terrific cast, and it tells you, step-by-step, how and why the economy did the catastrophic Brody it did.

Here's the scene, but, by all means, find and watch the movie. It's pretty terrific.



And that's why we're all fucked.

Comments:


mrsquizzical
mrsquizzical at 2012-01-09 04:14 (UTC) (Link)
ok. i think ~I actually understand that now. thank you for the link!

(i mean, i understand the how. i will never understand the 'why'.)
B00
i_m_b00 at 2012-01-10 01:18 (UTC) (Link)
I've never watch that I going to down load it.

I was a good explanation.

I like how everyone thought that banking deregulation was a great idea ...seeing how well it worked in the 20's...

bastards the lot of them

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