We are living in Times of Change. There is financial and economic turmoil around us. Peak oil is forcing a change of energy creation and use upon us. Political change is a must. And in order to survive we require an inner change, a change in attitude, a change in expectations, a change in life-style - a philosophical change.
Monday, May 14, 2012
The Greed Game
In 2008 the BBC has created a 58-min documentary summarizing the past sub-prime crisis from a European perspective. It is online now at "Super Rich - The Greed Game". While it doesn't add new insights, it is an easy to understand summary. It also explains and discusses some of the unfair one-way-bets implications (asymmetric risks) showing how the poor get tapped to make the super-rich even super-richer. It concludes with the comment "we haven't learned from our mistakes".
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