Overdose: The Next Financial Crisis

One thing that you take away from studying the history of banking and finance is that throughout the ages there have always been episodes where things got out of hand. There was the 3rd world debt crisis in the 1980's, the savings and loan crisis in the US, the 1987 stock market crash, the Asian financial crisis, the burst of the dot.com bubble, and more recently the sub-prime meltdown and global financial crisis.

In other words, through history there is a pattern of financial crises repeating, no doubt there will be another crisis within the next ten years. Hopefully we will be better equipped to deal with it by then, but rather than hope, perhaps it is best to think about where the next crisis may come from. It would be a great advantage if you could spot the next crisis.

This is a well timed documentary that considers where and when the next financial crisis may be. Indeed it argues that some of the responses to the global financial crisis have put in motion a scenario of another, perhaps worse crisis in years to come... watch, learn, and prepare.



Permalink: http://www.financedocumentaries.com/2011/05/overdose-next-financial-crisis.html
Related Posts Plugin for WordPress, Blogger...

Wikinvest Wire