The role of the Federal Reserve’s “easy money” policies in the current economic uncertainty. From the Great Recession to the rise in inflation, FRONTLINE examines the ongoing fragility of the financial system and the widening gap between Wall St. and Main St.
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The people with power in Britain reveal how their decisions shook our politics, transformed our economy and reshaped society in the decade following the 2008 financial crisis. Chapter 1: The Government and the Bank of England took drastic action to save the UK economy in the aftermath of the 2008 financial crisis. Insiders from the world of finance reveal how decisions made to solve the crisis allowed them to 'make out like bandits". From bailing out the banks to pursuing a faster, deeper austerity than any other country, Britain's policymakers shatter the status quo in a desperate bid to save the economy. This first of two programmes features first-hand accounts from key players, reliving the moments when the big decisions were taken. Chapter 2: The government and the Bank of England are forced to react to the economic shocks brought on by Brexit and the Covid-19 pandemic. Theresa May enters office in the aftermath of Brexit, setting her sights on tax-dodgers, bloated executive pay and unethical multi-national companies. But as May struggles to implement Brexit, wealth inequality and executive pay are increasing while average wages are barley growing, sparking anger and protests. After May fails to get her Brexit deal through Parliament, Boris Johnson enters office promising to "level up" the UK economy but his plan is derailed by the Covid-19 pandemic.
2022 • Economics
Command and Control presents the terrifying, true story of what can happen when the weapons built to protect us threaten to become the very source of our own destruction. Based on The New York Times bestseller by Eric Schlosser the film tells the story of a 1980 accident at a Titan II missile complex in Damascus, Arkansas in minute-by-minute detail through the accounts of Air Force personnel, weapon designers, and first responders who were there, revealing the incredible chain of events that brought America to the brink of nuclear disaster. In so doing, the film explores the great dilemma that the United States has faced since the dawn of the nuclear age: How do you manage weapons of mass destruction without being destroyed by them?
2016 • Economics
The convenience of credit cards comes at a price. From the methods banks use to maximize profits to a debt myth debunked, take a look inside the system.
S1E2 • Money Explained • 2011 • Economics
As the build-up to the 2022 FIFA World Cup in Qatar nears its climax, this documentary investigates the human cost that the host nation has put into it. Allegations of foreign labour abuse and unexplained deaths have dogged the organisers of the massive construction projects necessary for the event - at the same time, Qatar has also been accused of putting LGBT football fans and players at risk.
2022 • Economics
SAVING CAPITALISM is a documentary film that follows former Secretary of Labor and Professor, Robert Reich, as he takes his book and his views to the heart of conservative America to speak about our economic system and present big ideas for how to fix it.
2017 • Economics
In the autumn of 2007, Matthew Lee, a worried accounting executive at Lehman Brothers, began to notice serious financial irregularities in the company's practices. When he refused to approve tens of billions of dollars' worth of suspicious transactions, he was fired. Six months later, Lehman Brothers sank with 631 billion dollars of debt. Lee, who has since emerged as a crucial figure in Lehman's downfall, and other whistleblowers recount their personal stories of fraud and deception that went right to the top of the bank. Ultimately, they paid the price for trying to expose the 2008 subprime mortgage crisis.
Storyville • 2019 • Economics