The Middle East and Global Security • 2014 • episode "8/10" • Curiosity Retreats: 2014 Lectures

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

51:51

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

59:35

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

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

10:43

Professor Renata Salecl explores the paralysing anxiety and dissatisfaction surrounding limitless choice. Does the freedom to be the architects of our own lives actually hinder rather than help us? Does our preoccupation with choosing and consuming actually obstruct social change?

RSA • 2011 • Economics

54:52

Watch part two of The Power of Big Oil, a three-episode FRONTLINE docuseries investigating the fossil fuel industry’s history of casting doubt and delaying action on climate change. This part chronicles how, as scientific evidence of human-caused climate change mounted in the 2000s, the industry continued to question the science, and went to new lengths to shape American politics and stall climate policy.

S1E2 • The Power of Big Oil • 2022 • Economics