True Stories - Season 2011 Episode 24 The Flaw
In October 2008, Alan Greenspan, the Chairman of the US Federal Reserve, admitted to Congress that he'd found a flaw in his economic model of how the world works.
He'd placed too much faith in the self-correcting power of free markets. In a system based on the unsustainable lending necessary to fuel continued spending, the world found to its cost what happens when that credit bubble bursts.
Drawing on interviews with leading world economists, The Flaw attempts to explain - in unprecedented depth - the underlying causes of the global financial crisis.
Unless the root causes of the problem are addressed, the system may collapse again, and next time it may not be possible for governments to rescue it.
First Air Date: Jan 01, 1970
Last Air date: Aug 23, 2013
Season: 10 Season
Episode: 95 Episode
Runtime: 60 minutes
IMDb: 0.00/10 by 0.00 users
Popularity: 5.688
Language: English
Keyword : anthology
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Episode
Rwanda After Genocide
The Kids Grow Up
The Nurture Room
Contact in the Outback
Britain's Supreme Court
War Child
My Kidnapper
The Sound of Mumbai...
Marilyn, the Last Session
Love, Lust and Lies
Crack House
After the Apocalypse
Wikileaks: Secrets and Lies
Sarah Palin: You Betcha!
Transgenders: Pakistan's Open Secret
The Flaw