Why the Economy Makes You Say "WTH?" | Hot Money

In 1940 Britain stood alone against Nazi Germany with the English Channel the only thing standing between them and invasion. One way Hitler planned to deal with Britain was cut off their ability to fight back by tanking their economy.

High inflation. Fear of recession. Disruptions, like the collapse of Silicon Valley Bank. How did the U.S. economy get here? A two-hour documentary special traces the road to this moment, and the role of the Federal Reserve, the country’s central bank. FRONTLINE investigates the Fed’s epic economic experiment to revive the U.S. economy with what has been called an “easy money” policy and the far-reaching and sometimes unintended consequences. “If we hadn't been driving our economy for 14 years with easy money and then tried to really quickly undo that now, we wouldn't be having these problems,” former top banking regulator Sheila Bair said in the documentary. From the 2008 recession, to the COVID pandemic, to the rise in inflation, to the current economic uncertainty, “Age of Easy Money” charts the American economy’s tumultuous course, the fragility of the financial system and the widening gap between Wall Street and Main Street. The documentary examines what led to the Fed’s recent decisions to hike interest rates at a historic pace and probes the ongoing effects, offering a comprehensive and timely examination

There was a time when one earner could support an entire family. However, due to escalating costs in the 1970s, it became necessary for wives to enter the workforce. By the 1990s, even two incomes were insufficient, leading families to abandon savings. By the 2000s, with both partners working and no savings, families began borrowing well beyond their means to cope with inflation. This documentary traces the global economic crisis from the Bretton Woods Agreement to the Nixon shock and the Occupy Wall Street movement. It reveals how the U.S. Federal Reserve has led not only the American economy but also the global economy to function much like a Ponzi scheme. Since the pandemic, debt expansion is out of control. Are we headed for another recession or a total economic collapse? ------- Chapters ▷ 00:00 – Intro ▷ 03:36 – Bretton Woods (1944) ▷ 05:35 – Nixon shock (1971) ▷ 07:53 – Fiat currency ▷ 09:50 – Ponzi scheme ▷ 11:20 – IOU bonds ▷ 16:10 – Inflation and purchasing power ▷ 21:30 – Occupy Wall Street (2008) ▷ 24:01

The worldwide mountain of debt is more than 300 % of the world’s annual economic output. Since the pandemic, debt expansion is out of control. Will the system collapse under its weight? The film explores the significance of our debt situation, looking at true stories behind the situation, from a debtors' prison in Mississippi to the world’s most notoriously indebted country. When do debts become unsustainable? In Dubai the remnants of a past debt boom can be seen on the wayside: empty shells of grand buldings that were the ruin of many of investors. Yet the most outlandish project was "The World", a gigantic map of the world off the coast of the emirate, composed entirely of artificial islands. Josef Kleindienst, one of the only developers to have built on the islands, takes us on a tour of his luxury properties, designed as resorts for the super rich. The film looks at entire countries on a sugar high of cheap credit, as well as impoverished states on a precipice of debt. It also tracks the impact of debts on vulnerable

With help from the U.S. government, Trippe, Sikorsky, Lindbergh and Leuteritz outwit all competing airlines to dominate service to Latin America and launch the global air tourism industry - but all of this is merely preparation for their ultimate goal: flying the oceans. In the aftermath of WW1, airline executive Juan Trippe, pilot Charles Lindbergh, airline builder Igor Sikorsky and radio engineer Hugo Leuteritz join forces to build an airline to South America and Trippe has dreams of conquering the world with international flights. WONDER is packed with binge worthy reality documentaries for hours of entertainment. Check out our hub of diverse and empowering stories which explore the extreme side of life!

The Deadly Flights team is back with another recap, taking a look at the best and the worst so far from season 2. We take a look at not only the teams past, but the history of pilots and aircraft as well as the real cost of taking such a risk every day. Not all flights are a smooth ride to a tropical destination. These pilots have the dangerous job of delivering small aircraft all over the world, pushing these machines to their limits and facing the harshest conditions that nature throws at them. WONDER is packed with binge worthy reality documentaries for hours of entertainment. Check out our hub of diverse and empowering stories which explore the extreme side of life!