Meltdown (pt 2-4) The Secret History of the Global Financial Collapse 2010

[MegaSpiritualWarrior]

Shame on the cops that defend corruption!

[MONOPOLY35]

HEY EVERYONE! If you noticed what happened in China, then you'll understand why the Chinese are motivated to work hard, save money for a rainy day, and buy gold. The Chinese government doesn't hand out entitlements to victims, unlike the US where citizens wants to work less and receive more. Chinese people save money because they know about bad times. US citizens falsely believe it will be good all the time. Unlike the West, the Chinese respects gold as a wealth preserving asset 4 emergencies!

[IBloodSweatTears]

Instead of bailing them out, They should have sold there assets & compensated the people who got Saving & pensions wiped out...

[AHHUAT2]

At 26:00min, it looks as if Hank Paulson was going to collapse from high blood pressure....

[Luvcatz88]

O_O why didn't I know bout any of this?!

[IBloodSweatTears]

@Luvcatz88 You were asleep at the time. :P Don't worry I & millions other's were aswell.

[EXPLOITEDFIGHT]

@Luvcatz88 they arent gonna tell you the truth on tv. go to independant news like infowars.com daily radio show and prisonplanet.tv nightly news

[MONOPOLY35]

@Luvcatz88 I wasn't paying attention either at the time. For years I heard vague statements that "Real estate is good" then "Real estate is great". Suddenly, I hear briefly some real estate problems of "Real estate is bad now". WHAT?! Then in Summer 2009, right after the crisis, I started studying about economic issues. Since then I have become VERY bearish on stocks and the dollar. It also made me bullish on commodities, particularly silver!

[dannymaclamp]

It's all very difficult, I mean there's something to be said for not worrying all the time about saving money for your retirement and scrimping day to day. They always criticize people for not doing that, but why the hell bother when the chances are so incredibly high your savings will just be eaten away by high fees for commisions and fund expense fees, and the crashes will wipe you out? There's little incentive to be a saver, so it's difficult to blame people today for not bothering.

[AgalaGogh]

God bless these two homeless mothers.

[demonella]

Christine Lagarde's English is exemplary... I wonder why they used clips where she was speaking French?

[arthurstrim]

@demonella Could be because this is a documentary by the CBC, and they are a public broadcasting corporation in a bilingual country. But yes, her English is spotless, a la Inside Job.