A documentary on the 2008 Recession.
It is heartening to see, very rarely though, these kind of attempts from America. I havent seen many documentaries. But this is definitely the most brilliant and shocking docu after Fahrenheit 9/11.
It brings out the deregulation in the Financial industry, brought out after lot of campaigning and lobbying, how that helped the top players in the industry, and how the industry was warned by a few, and how they kept on with their vested plans and when the recession finally did happen, how they further managed to earn huge bail outs from the Government, which simply increased the wallet size of the top executives. It also goes into how this industry has penetrated into the Academic tables and the State and inspite of all promises to make change, how some of the same players who could be called responsible, are still playing active roles in the industry.
Even if it is a documentary, it is told in way as to how a story unfolds and its really impressive and shocking. All credit to the director to make it this way. Brilliant. I would say, this movie is the best 'fast food' for any lay man - on financial affairs, like me - to understand recession.
At the same time, it is quite disappointing that it does not give us any hope at all. Those who should have learnt some lessons, have ignored those lessons. The world and its system is tuned for the rich and it will continue so, come what may, recession or Tsunami's.
The narration by Matt Damon is excellent. It is gratifying that somebody from the higher end of life's spectrum agreed to do this.