Thread: Generation Zero
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Old 11-25-2011, 06:10 PM
arraamis
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Default Generation Zero 2011 Documentary

The film examines the causes of the economic collapse of September 18, 2008. The film surmises that the Greatest Generation, in their effort to prevent their children from having to suffer the horrors of The Great Depression and World War II overly nurtured and protected them, unwittingly instilling in them an outlook of selfishness and irresponsibility.

The Greatest Generation also put into place many institutional protections against the kind of financial recklessness that led to the Great Depression. After they all retired and died, the documentary alleges these protections and rules were gradually removed or ignored, and the financial crisis of 2008 happened as a result of the next generation's selfishness and irresponsibility.

It suggests the generation that grew up as the hippies of the 1960s eventually came to power and promoted their outlook upon the financial markets, taking reckless risks -- because having enjoyed prosperity all their lives, they believed there could be no downside to their decisions.



Pretty good documentary. It kinda over simplified the cause & effect. But the points raised, demonstrate how this recession took decades to finally happen. And because it was so catastrophic in scope, we still haven't seen the full effect of what is still to come.

Good watch .... 7 out of 10

Last edited by arraamis; 11-25-2011 at 08:07 PM.. Reason: title edit
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