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This is a fragment from the informative documentary When Bubbles Burst, which provides a fascinating glimpse into the inner workings of the global economy, examining the mechanics behind economic bubbles, crashes and suggesting trends for the future. The film shows the global and local consequences of the financial crisis. Investors, thinkers and world-class economists, like the celebrated writer Michael Lewis and Nobel laureate Joseph Stiglitz, share their vision on this pressing subject.
The film provides information on the dynamics of globalization, the world economy and economic bubbles. Furthermore, multiple aspects of the global financial crisis are discussed, such as the housing bubble and the subprime mortgage crisis in the USA. Finally, the film explores the Greek debt crisis and the financial system of the European Union.