This is an Austrian documentary movie that deals with money. It was made back in 2008 and director Erwin Wagenhofer made a film on the food industry before that and more recently a brilliant documentary on the education system. So this one here is his take on economy. as always with his works, there is no narrator, but the entire thing is told us from interviewees. There is a Leonard Cohen movie that includes the lyrics "the poor stay poor, the rich get richer" and that is a perfect summary for this film here. I did not understand all the financial context given here, but even with as little interest in and knowledge about economy as myself, it is not difficult to understand the core issues that this film deals with.One of these would be greed. The fact that a very low percentage gets richer and richer results in a very high percentage getting poorer and poorer. Morals are also a central point here and it is sad to see how hardly anybody in the business seems to have them. I will not go much further into detail about the specific aspects that Wagenhofer elaborates on in here, but one of them would be tax havens for example. Basically, the entire film is about how rich people make use of (almost) illegal practices and possibilities in order to become even richer. In my opinion, this documentary gives a good insight into the financial market right now, but even more into the abyss of humans wanting more and more. A sad state of affairs and I agree with the last words from this documentary that we have a dark future ahead of us if we keep going like that. Recommended.
... View MoreI found this documentary quite good even it touches or addresses only the symptoms of the monetary system.For sure it demonstrates a true state of how things go in the world and the dangerous mind sets some people have develop. They went through a dramatic value shift and they want more and more to control without any consideration to humans and nature. I live in a third world country and see for sure the parallel occurrences.Most people do not confront them sufficiently with the monetary system, especially if they benefit greatly from it like North Americans and Europeans do. It always comes as a surprise to see such a movie coming from those camps.People aren't aware that money isn't created by Governments; it comes from private banks. Worse! They do not understand that all money is dept money and don't see the direct relationship between wealth and dept creation. Most people aren't even aware of the destructive dynamics of interests and compound interests. They are very important topics to be understood and addresses, especially the consequences they have. They have been hidden and declared taboo topics for the public and this for generations.
... View MoreExcellent documentary without any disturbing biases. Although not unravelling the question where the bank-money goes to, the used examples are diverse and relevant to the gap issue between the west and the 'emerging countries'.I got to agree though this might be a movie hard to watch, as moderate knowledge of economic terms are needed in order to enjoy and keep up with the story. Also, the connections between the different scenes weren't obvious. Although it all had to do with money and investors, the link between them were vague and not chronological. This tended to be dragging down the movie: you could sense people were waiting for the final scene, as they couldn't figure out which one would be it.I liked the way how globalisation as subject was captured by filming in all these locations, showing how it applies to all these people.
... View MoreRelease at a time of world wide financial crisis with banks stumbling around the globe is coincidence, but a good one.Do you know what happens with your money? How banks use it to be able to pay the interest they advertised? To fulfill their investors' expectations? I did, partially, but certainly not the whole story.Do we want to know it all? You can say as well: I like beef steaks, but do I want to get to know the cow and the whole process before it is on my plate? If you are not ignoring things and act like an ostrich, then you should be willing to ask this question.The movie tells you the story through the voices of people on top and on bottom of a globalized market, blended in to a composition of pictures that mostly speak by themselves anyway. This is a movie where the slogan 'Let your money work for you' gets a literal meaning. But is it really working for 'you'?
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