Controversially 1990: That Was the Year that Was • 2023 • episode "S1E5" • Controversially: That Was the Year that Was

58:28

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.

This World • 2014 • Economics

60:03

Crash course into the peer-to-peer revolution that is now disrupting banks and Governments. Whatever Bitcoin may be; most people do not yet understand what this controversial and influential innovation is about and how it works. This award-winning documentary answers these questions. Bitcoin: The End Of Money As We Know It traces the history of money from the ancient world to the modern trading floors of Wall St. This film exposes the practices of central banks and other financial actors who brought the world to its knees in the last crisis. It highlights Government influence on the money creation process and how it causes inflation. Moreover, this film explains how most money we use today is created out of thin air by commercial banks when they make loans. Epic in scope, this film examines the patterns of technological innovation and questions everything you thought you knew about money. Is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and crypto-currencies spark a revolution in how we use money peer to peer?Or is it simply a new tool for criminals and the next bubble waiting to burst? If you trust in your money just as it is, this film has news for you.

2015 • Economics

59:03

Facebook is a company that has grown from nothing to be worth half a trillion dollars in just 15 years. Today nearly a third of all humans are using it, and yet we rarely get to see the people actually in charge of the biggest social network in the world. The company has suffered a series of deepening scandals and intense media scrutiny. In 2018, their mission - to connect everyone on the planet - seemed to be going dramatically wrong. Data leaks, fake news and hacks on user security were threatening to destroy everything Mark Zuckerberg had built. Yet throughout this difficult time, the company allowed the BBC’s flagship science strand Horizon to follow key members of the team trying to fix the problems and secure the platform. This film goes behind the scenes and follows the teams inside Facebook. It tackles difficult questions, like how our data is used and what content should and shouldn’t be on the site, but also shows how Facebook works, what the teams are doing to secure it, and reveals a hidden technological playground, where some of the smartest engineers in the world are being hired to build systems and technology no one has built before.

Horizon • 2019 • Economics

93:44

A look back at key events in TV, film, showbusiness and politics in 1984, a year when Spitting Image and The Young Ones revolutionised comedy and enraged the old guard. Conservative crusaders became hysterical over the horror of video nasties, and an attempt to silence pop band Frankie Goes to Hollywood backfired spectacularly. In politics, Margaret Thatcher faced a fierce year-long battle with striking coal miners and the Conservative Party was hit by a deadly terrorist attack in Brighton. Narrated by Jan Leeming and featuring contributions from John Thomson, Cheryl Baker, Steve Nallon, Edwina Currie, Matthew Parris and Martin Bell.

S1E2 • Controversially: That Was the Year that Was • 2023 • Economics

114:22

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.

2023 • Economics

59:00

By the early 1950s, a holy trinity of oil, plastics and fertilisers had transformed the planet. But as Professor Iain Stewart reveals, when the oil producing countries demanded a greater share in profits from the Western energy companies, the oil and gas fields of the Middle East became a focus for coup d'états and military conflict.

S1E2 • Planet Oil • Economics