Here are links to the four parts of the Al Jazeera “Meltdown” series.
4. Meltdown: After the Fall 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?
3. Meltdown: Paying the Price. In Iceland, protestors force a government to fall. In Canada, ripped off autoworkers occupy their plant. And in France, furious union members kidnap their bosses.
2. Meltdown: A Global Tsunami 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.
1. Meltdown: The Men Who Crashed the World Greed and recklessness by the titans of Wall Street triggers the largest financial crash since the Great Depression.
This series gets out in the open information to let people start to understand what was going on and the motives of those responsible for the global financial carnage we all endured and will pay for generations to come.
Accountability seems too soft a word. Not much good can be said about a flawed system that lets financial markets and property con artists unmercifully rip off gullible masses on a global scale knowing the consequences to leave the world in mess.
In my earlier post this week. The Economic Meltdown –Would you put this in the category of Oops? I referred to Nazi consequential thoughtlessness following madman leads of Hitler and Eichmann. It seems karma revisited with these reincarnations continued as bankers, property mongrels, financial gurus and influential so called world leaders.
In the final Meltdown episode, we hear about the Dubai sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism.
The financial crash of September 2008 brought the largest bankruptcies in world history, pushing over 30 million people into unemployment and bringing many countries to the brink of insolvency.