How China Fooled the World • 2014 This World

Category: Economics

Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.

Make a donation

Buy a brother a hot coffee? Or a cold beer?

Hope you're finding these documentaries fascinating and eye-opening. It's just me, working hard behind the scenes to bring you this enriching content.

Running and maintaining a website like this takes time and resources. That's why I'm reaching out to you. If you appreciate what I do and would like to support my efforts, would you consider "buying me a coffee"?

Donation addresses

buymeacoffee.com

patreon.com

BTC: bc1q8ldskxh4x9qnddhcrgcun8rtvddeldm2a07r2v

ETH: 0x5CCAAA1afc5c5D814129d99277dDb5A979672116

With your donation through, you can show your appreciation and help me keep this project going. Every contribution, no matter how small, makes a significant impact. It goes directly towards covering server costs.

This World • 2014 - 2021 • 4 episodes •

How China Fooled the World

Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.

2014 • Economics

Colombia with Simon Reeve

Adventurer and journalist Simon Reeve heads to one of the most spectacular countries in the world - Colombia. For 50 years, Colombia has been in the grip of a brutal civil war that has killed more than 200,000 people and displaced seven million. But in late 2016, a peace deal was signed promising to end the conflict and finally bring peace to the country. In this hour-long documentary for the award-winning This World strand, Simon explores Colombia at a pivotal point in its history. He travels into the jungle and comes face to face with the guerrilla army FARC, which is now promising to lay down arms. In the Pacific coast city of Buenaventura, Simon finds out more about the fearsome right-wing paramilitary gangs who now dominate the cocaine trade. As the FARC abandon the countryside, there is a fear that these groups will only grow in power. Travelling in the countryside, Simon meets the coca farmers who are demanding government support to stop growing coca and stop the flow of money to criminal gangs. With land ownership, poverty and drugs at the heart of Colombia's problems, it is in the countryside that the country's precarious future will be decided.

2017 • Environment

Cuba with Simon Reeve

Adventurer and journalist Simon Reeve heads to Cuba to find a communist country in the middle of a capitalist revolution. Two years ago Cuba announced the most sweeping and radical economic reforms the country has seen in decades. From ending state rationing to cutting one million public-sector jobs, one of the last communist bastions in the world has begun rolling back the state on an unprecedented scale. Simon Reeve meets ordinary Cubans whose lives are being transformed, from the owners of fledgling businesses to the newly rich estate agents selling properties worth up to 750,000. Simon gets under the skin of a colourful and vibrant country famous for its hospitality and humour and asks if this new economic openness could lead to political liberalisation in a totalitarian country with a poor human rights record. Will Cuba be able to maintain the positive aspects of its long isolation under socialism - low crime, top-notch education and one of the best health systems in the world - while embracing what certainly looks like capitalism? Is this the last chance to see Cuba before it becomes just like any other country?

2017 • Travel

Life at 50°C

With 2021 set to be the hottest year on record, millions of people around the world will have their health, livelihoods, and lives endangered by high temperatures. This documentary explores the devastating impact extreme heat has across the globe, and tells the human stories behind climate change, from water shortages in impoverished areas, to people being forced from their homes to escape life-threatening temperatures.

2021 • Environment

You might also like

Where Do We Go From Here?

We have taken huge steps towards tackling some of the biggest threats on humanity throughout history, and in many ways our lives have never been better! So where do we go from here? Author and historian Rutger Bregman argues that in order to continue towards a better world, we need big ideas and a robust vision of the future. Revolutionary ideas, that were once dismissed as a utopian fantasy, became reality through people believing there was a better way – but what if our progress is hindered by our own dim view of human nature?

RSA Shorts • 2018 • Economics

Part 1

In the first of this three-part series investigating consumer spending, Jacques reveals how the concept of 'product lifespan' holds the key to our ever-churning consumerism. Exploring the historical origin of planned obsolescence, when some of the world biggest electrical manufacturers formed a light bulb cartel in the 1920s, Jacques reveals how products that are essential to our modern lifestyles are still made to break. During his investigation, Jacques uncovers the process by which a crucial transformation happened and attitudes towards spending were transformed. Instead of needing new goods because our old ones were broken, we learned to want them for reasons of fashion and aspiration - awaking a consumer appetite that could never be satisfied. In the US, he visits a recycling centre where brand-new high-tech goods are destroyed before they have even come out of the box. Jacques also meets some of the companies that encourage consumers to be dissatisfied with what they have and encourage purchases as part of an ever-faster cycle of 'upgrades'. He asks a senior IKEA executive why, despite the company's commitment to sustainability, it still encourages repeated discarding and purchasing. Jacques also talks to a former senior Apple employee who reveals how the company's new focus on fashion, with its colourful iPhones, keeps us buying even when technological innovation slows.

S1E1The Men Who Made Us Spend • 2014 • Economics

Dominion

Dominion uses drones, hidden and handheld cameras to expose the dark underbelly of modern animal agriculture, questioning the morality and validity of humankind's dominion over the animal kingdom. While mainly focusing on animals used for food, it also explores other ways animals are exploited and abused by humans, including clothing, entertainment and research.

2018 • Economics

The Third Industrial Revolution

The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? In this feature-length documentary, social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system. A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment. This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life.

2017 • Economics

Policeman Inside All Our Heads

In the 1960s, a radical group of psychotherapists challenged the influence of Freudian ideas, which lead to the creation of a new political movement that sought to create new people, free of the psychological conformity that had been implanted in people's minds by business and politics.

S1E3The Century of the SelfEconomics