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When Bubbles Burst (2012)
"Når boblene brister" (original title)

8.1
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It is becoming increasingly difficult to protect ourselves from extreme financial volatility. This feature documentary will examine the mechanics behind bubbles and crashes, and discuss trends and visions for the future.

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Title: When Bubbles Burst (2012)

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Storyline

When Bubbles Burst is the story behind the story: In a globalized economy it becomes increasingly difficult for nations, companies and individuals to protect themselves from today's extreme financial volatility. The economic 'butterfly effect' makes us all equally vulnerable. In this documentary we will travel from Norway out into the world in order to examine the mechanics behind bubbles and crashes, and discuss trends and visions for the future. Written by Anonymous

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23 March 2012 (Norway)  »

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When Bubbles Burst  »

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A warning about saving speculative banks from bankruptcy
30 November 2013 | by (Norway) – See all my reviews

Feature film director Hans Petter Moland (The beautiful country, A somewhat gentle man, Zero Kelvin, Aberdeen, The last lieutenant) directing a documentary about a quest on finding out what happened when the sub prime loans got out of hand in the financial crises, fooling many to lose their money.

We get a historical view, or rather the history of financial crises and that crises are natural and an important way of the system. but It's also about how the internet has allowed international investment - an international casino! It's also about what we knew where coming, but that no one wanted to hear.

We follow a couple of politicians from Norway on their inquest trip to U.S., amongst other places Detroit City. We see how Detroit was Silicon Valley of the World, and now is bankrupt. Also that this economy is ready to move on to the next revolution. It's about how bank swindlers still are working together with governments to save bankrupt mastodon banks, saved by the politicians which are supported by the very same banks to get elected. How bad loans where hidden in new products, which governments don't stop due to their dance with big economy. did you know that both Bush and Obama's biggest sponsors where the big banks which made this swindle possible?

Did you know that the financial crises of Greece is based on the same? Greece took contact with Goldman Sachs to fool Europe into accepting Greece into the Euro zone? It's all a catastrophe zone and the criminals are not the ones suffering. They are saved and has become rich. The scientists and Nobel price winners here tell how important it is that government rules, and regulate the financial market. The same market which was allowed by politicians and government to swindle money into their own pockets.

What's even worse, is that those countries who have given away all industrial production to Africa and Asia. The Western world will see that USA and Europe will get poorer, and the underdeveloped countries will get richer.

I think the film is done in an interesting way. we get facts along the way, in interesting interviews. A documentary which is done in an exciting way.

A super film to use in economical education about the economical system and how crises work, and how they affect the little man, far away from those who speculates with money and loans. 1,5 hours well spent!


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