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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
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
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
In recent years, the Netherlands and Belgium have become major drug trafficking hubs in Europe, with almost 80 percent of the continent's cocaine passing through Rotterdam or Antwerp. This has led to the rise of the "Mocro Mafia," criminal networks of Dutch people of Moroccan origin. These gangs began by trafficking hashish from Morocco but now use the same routes for the more profitable cocaine trade, sourced from Latin American cartels. Consequently, the "Mocro Mafia" has become one of the world's richest criminal organizations, generating an estimated fifty billion euros annually in Antwerp alone—10 percent of Belgium's budget. The violent "Mocro Mafia" gangs have unleashed a reign of terror. They kill lawyers, magistrates, journalists, all without a second thought. They have even threatened government ministers in Belgium and the Netherlands. Anyone who challenges their network is a potential target. The drug money is so pervasive within the economy that, according to some, Belgium and the Netherlands risk becoming narco-states. This threat has been taken very seriously by the authorities and the police. Public anxiety rose even further after the horrifying discovery of a torture chamber in a shipping container used as an 'underworld prison' by the gangs, as well as the murder of journalist Peter de Vries. We investigate the "Mocro Mafia," the new ultra-violent criminal organisation which is shaking Europe.
2022 • Economics
A documentary that follows former U.S. Labor Secretary Robert Reich as he looks to raise awareness of the country's widening economic gap.
2013 • Economics
Tells the extraordinary story of his controversial six-year rule, and how he set about transforming China into a tightly controlled state where loyalty to the Communist Party appears to be valued above everything else.
S1E1 • China: A New World Order • 2019 • 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
Why should you care about the well-being of people half a globe away?
In a Nutshell • 2018 • Economics