Adicionar um enredo no seu idiomaIn 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were th... Ler tudoIn 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were the problems merely kicked down the road?In 2008 the world experienced financial turmoil. Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed. Was the financial crisis solved or were the problems merely kicked down the road?
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I wonder if this documentary was put together with the insight of that book???
The book is called Economic Regression "A Guidebook for when money is useless"
The book's premise is when money, gold, and anything perceived as valuable, becomes worthless in the eyes of men.
It follows the perspective of 6 kinds of people, from an American Family of 4, a multi-billion dollar international company CEO, The Amish, Amazon Tribe, etc..
The engineering in the book is all doable and the formulas are real for things like Bio-Diesel, beer, alcohol, and more..
Not to give the story away, the Amish do not fair well. People know they do not need money to survive, which ends bad for the Amish.
On kindle and amazon..
The book is called Economic Regression "A Guidebook for when money is useless"
The book's premise is when money, gold, and anything perceived as valuable, becomes worthless in the eyes of men.
It follows the perspective of 6 kinds of people, from an American Family of 4, a multi-billion dollar international company CEO, The Amish, Amazon Tribe, etc..
The engineering in the book is all doable and the formulas are real for things like Bio-Diesel, beer, alcohol, and more..
Not to give the story away, the Amish do not fair well. People know they do not need money to survive, which ends bad for the Amish.
On kindle and amazon..
At the end of the day it's either you've heard this too many times or you're hearing it for the 1st time. The latter will likely make it very interesting and cause the mind to put conspiracies together. Yet, the fact is it's more plausible to believe that 1. Gold is another form of investment, whether that's a physical object or not. You almost can't spend gold or want to carry it around, it's the physical version of the same wool they pull over your eyes on a government level. 2. On an investment level it is a decent investment if you plan to hold for 30 years to overcome markup costs when you purchase, at least until they develop or make commercially available the process to make gold.
Some people apparently wrote some negative reviews about this documentary. They mention that the documentary is about propaganda from "neo-cons" and "gold dealers". This is a lie, the documentary interviews people who understand the situation and many of the people interviewed predicted economic events, because they understood the reasons.
The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.
The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10
The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.
The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10
I expected to see an interesting narrative of the financial crisis, based on the summary provided. I can hardly express how disappointed I was.
First, there are very questionable arguments on the causes of the financial crisis and the state of the world. Some issues are very real and somewhat accurately described, such as the problem of debt accumulation, global trade imbalances and the relative stability that was seen during the Bretton Woods decades. However, the argument that the world is heading to hyperinflation? Vastly exaggerated, as many countries actually could do with a little more inflation. One author says that it's ironic that Occupy Wall Street and similar movements want more state involvement (social security etc.) since it was precisely this that brought on the crisis. It is extremely odd to say that it was too much state involvement, since it was exactly the opposite. Deregulation of the financial sector allowed it outgrow the real sector and economic growth in general to be dependent on debt and the growth of the aforementioned sector. Too easy to make financial short-term cross- border investments, and more.
Second, it promises "top economic minds". Myself, I am an economist have never heard of any of these people. I had to google them, which produced virtually no scholarly results and very questionable material in general. Which leads me to point 3...
Third, vested interests. There aren't even any scholars. Instead, all of the participants are people owning or working for financial services firms or websites trying to sell gold. Given the conclusion that you should invest all your money in gold, this is not surprising.
Finally, only including relatively old white fellows doesn't make it more exciting. You couldn't find one woman or someone with a different ethnicity that had a website selling gold...?
Go see for example "Inside Job" instead of this Austrian Economics propaganda, a group I hoped would have been disintegrated about 40 years ago.
First, there are very questionable arguments on the causes of the financial crisis and the state of the world. Some issues are very real and somewhat accurately described, such as the problem of debt accumulation, global trade imbalances and the relative stability that was seen during the Bretton Woods decades. However, the argument that the world is heading to hyperinflation? Vastly exaggerated, as many countries actually could do with a little more inflation. One author says that it's ironic that Occupy Wall Street and similar movements want more state involvement (social security etc.) since it was precisely this that brought on the crisis. It is extremely odd to say that it was too much state involvement, since it was exactly the opposite. Deregulation of the financial sector allowed it outgrow the real sector and economic growth in general to be dependent on debt and the growth of the aforementioned sector. Too easy to make financial short-term cross- border investments, and more.
Second, it promises "top economic minds". Myself, I am an economist have never heard of any of these people. I had to google them, which produced virtually no scholarly results and very questionable material in general. Which leads me to point 3...
Third, vested interests. There aren't even any scholars. Instead, all of the participants are people owning or working for financial services firms or websites trying to sell gold. Given the conclusion that you should invest all your money in gold, this is not surprising.
Finally, only including relatively old white fellows doesn't make it more exciting. You couldn't find one woman or someone with a different ethnicity that had a website selling gold...?
Go see for example "Inside Job" instead of this Austrian Economics propaganda, a group I hoped would have been disintegrated about 40 years ago.
This is the best film I have seen, so far, that explains how the world economy works, how money changes hands, and how bills get paid. A great documentary that explains why all countries are in big economic trouble, as those interviewed explain. Right now, all the various monetary exchanges are based on everyone's trust in the US government's currency. The US currency is no longer backed by gold, but on everyone's confidence in the US currency. That is what's backing US currency. Actually, this is so scary that we may be better off putting money under the mattress than in a bank. Everyone who has one dollar to their name should watch this film.
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