Saturday, January 12, 2013

Overdose: The Next Financial Crisis

Are we heading into another Financial Crisis? Are the government policies on job creation and increased spending enough to pull us out of this recession or is it simple aggravating the problem similar to what happened after 9/11?

This video aims to answer all those questions. With special appearances from personalities who were mocked and laughed at when they predicted a crash at the height of the US real estate bubble. This documentary is interesting because provides a new perspective on the US economic recession and speculates that we might be headed into more horrible times.

Of course, this should be viewed with a critical eye. The important thing right now is for consumer sentiment to remain positive and global outlook be optimistic about the future. If we remain pessimistic about the things to come and lower spending, then the worst is yet to come.

Interested about understanding the similarities of the 1997 Asian Crisis with the 2009 World Financial Meltdown?

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