How The West Went Bust - Part 1

http://www.thefrockdoctrine.co.uk
A documentary by Robert Peston, a financial correspondent with the BBC. With his take on how the West came to be in the financial dire straights in which it now finds itself. He highlights the differing attitudes toward debt and saving between Chinese people and those in the UK. In the past Robert Peston has been accused of being too close to the banks and bankers, and this documentary definitely lets them off lightly. But, it is still an interesting piece and useful in it's own way.

Category:

News & Politics

Tags:

• Robert Peston
• Banking Crisis
• Debt
• West Bankrupt
• BBC

[jonathanparis1988]

we forget to blame feminism in the west. women always want more and feminism has emboldened women to DEMAND more.

The West is fucked.

[thefrockdoctrine]

@jonathanparis1988  You're an idiot. Go away.

[Mikahopea]

immingration is biggest problem in west, usa and uk is gone.

[thatblondgirl1]

@jonathanparis1988 surly you must feel a huge sense of embarrassment posting that statement.

[MrGeorgesaxon]

China needs a expansion State America will Due nicely

[MrAtticus777]

only danger for the USA - Obama (slave of zionism)

[panmargaryna]

@baldbaddad It is childishly naive to believe that the most well off will take the heat for the faults of our economy. More likely it will be you.

[Alan7997]

We should have let the stock market crash in '08. We would be having some semblance of a recovery by now. Bailouts have only succeeded in delaying the inevitable and prolonging the dysfunctional status quo unnecessarily to ensure a handful of incredibly rich people don't lose money or are ruined at the expense of everyone else.