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Why do people keep falling for financial scams? Dive into the history of con artists and how technology makes it easier for these schemes to flourish.
2011 • 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.
2011 • Economics
Higher education helps society. But paying for it can be ruinous. What led to the U.S. student debt crisis, and is there a way to fix it?
2011 • Economics
Retiring comfortably middle-class in America requires more than $1 million in savings. How did the dream of golden years leisure get so out of reach?
2011 • Economics
Documentary examining Germany's economic power and the automobile industry at the heart of it. Across the world, the badges of Volkswagen, Audi, BMW and Mercedes inspire immediate awe. Even in Britain, where memories of Second World War run deep, we can't resist the appeal of a German car. By contrast, our own industry is a shadow of its former self. Historian Dominic Sandbrook asks what it is we got wrong, and what the Germans got so right.
2013 • Economics
Ade Adepitan, Anita Rani, Ant Anstead and Dan Snow take a closer look at one of the most complex and powerful cities in the world, focusing on transport links in the first edition. Anita, Ade and Ant head to Grand Central Terminal, joining the daily commute on the iconic Staten Island ferry as well as the subway, suburban railroad and citibikes. Dan visits Times Square to see how the 230 LED advertising hoardings are maintained, while Ade takes a ride in a yellow cab, discovering that the business model is under threat from newly created taxi apps.
Part 1 • New York: America's Busiest City • 2016 • 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
Bottled water is a big business, selling itself as a tastier and healthier alternative to the tap variety. Is there truth behind the claims?
S2E5 • History 101 • 2022 • 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.
This World • 2014 • Economics
Planned Obsolescence is the deliberate shortening of product life spans to guarantee consumer demand. As a magazine for advertisers succinctly puts it: βThe article that refuses to wear out is a tragedy of business β - and a tragedy for the modern growth society which relies on an ever-accelerating cycle of production, consumption and throwing away. THE LIGHT BULB CONSPIRACY combines investigative research and rare archive footage to trace the untold story of Planned Obsolescence, from its beginnings in the 1920s with a secret cartel, set up expressly to limit the life span of light bulbs, to present-day stories involving cutting edge electronics (such as the iPod) and the growing spirit of resistance amongst ordinary consumers. This film travels to France, Germany, Spain and the US to find witnesses of a business practice which has become the basis of the modern economy, and brings back disquieting pictures from Africa where discarded electronics are piling up in huge cemeteries for electronic waste. Economists and environmentalists believe that the growth society as we know it is unsustainable in the long run and that Planned Obsolescence needs to become a thing of the past, as it is impossible to combine the limitless consumption of resources with a finite planet. But what are the alternatives? The film offers thought-provoking analysis by thinkers working on ways of saving both the economy and the environment, and presents hands-on stories showing entrepreneurs putting new business models into practice.
2010 • Economics