THE FLAW
DVD
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Explains the fundamental reasons for the 2009 economic meltdown and, along the way, recalling 20th-century U.S. economic history.
This award-winning documentary’s animated graphs and interviews with renowned economists build a case against credit-based capitalism: Because banks lend, consumers spend and corporations profit, so banks and investors become wealthier. Then, the wealthy (partially thanks to easy credit from banks) drive home prices upward, creating a mortgage boom that generates more wealth and further inflates the bubble. Includes plenty of detail on the mortgage debacle. Directed by David Sington.
Quantities are limited.
Copyright | 2010 |
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Publisher | Docurama |
Grade | 10 and up |
Color | Color |
Run Time | 82 minutes |