I was too young to really understand what was going on during this time, but I’ll admit I’ve always been curious to why the economic crisis occurred and so today i decided to do some research. Stumbled on this documentary which explained the entire disaster pretty thoroughly; with interviews of the main players in the economic markets from around the world. The documentary is split into four parts: The Men Who Crashed the World, A Global Tsunami, Paying the Price and After the Fall. Check it out, you might just learn a thing or two about how interconnected the world is through our economies and the magnitude of human stupidity and greed that sparked the crash. Oh by the way, you can turn that annoying website ad that pops up on the doc by hitting the ‘Hide Annotations’ speech bubble at the bottom right of the video.
Greed and recklessness by the titans of Wall Street triggers the largest financial crash since the Great Depression. It’s left to US Treasury Secretary Hank Paulson, himself a former Wall Street banker, to try and avert further disaster.
The meltdown’s devastation ripples around the world from California to Iceland and China. Facing economic ruin, desperate world leaders are at each others throats.
The victims of the meltdown fight back. In Iceland, protesters force a government to fall. In Canada, ripped off autoworkers occupy their plant. And in France, furious union members kidnap their bosses.
Investigators begin to sift through the meltdown’s rubble. Shaken world leaders question the very foundations of modern capitalism while asking: could it all happen again?