Sunday, September 5, 2010

Overdose: The Next Financial Crisis



(update: Part 1 of 3 is here. Part 2 and 3 follow). Based on the book "Financial Fiasco" by free market economist Johan Norberg, this is a great documentary that emphasizes a recurring theme on this blog. It traces the causes of the financial crisis and demonstrates how current government policies are replaying those same causes, setting the world economy up for an even bigger version of the present crisis. As Vernon Smith states: "The solution is the problem, and that is why we had a problem in the first place." (HT: Garret Seinen)

4 comments:

Shane Atwell said...

removed?

Richard said...

They took the video down and moved it to a pay/rental only site :?

http://www.tuppashare.com/store?p=4241

Lousy good for nothing capitalists.

Doug Reich said...

Still available in parts, I reposted.

Harold said...

Part 1:

Part 2:

Part 3:

Disappointed, but not too surprised to see Celente on there. He's another one of those "buy local" anti-Walmart, pro-antitrust bank conspiracy types.