Overdose: The Next Financial Crisis

The main reason for the prolonged recession in the US is securitization of assets. The banks lent to anybody because they were not carrying the risk - rather it was being passed on to "investors" in the form of stock market funds. Asset bubbles happen all the time - but the government allowed this bubble to be financed by the country's middle class, and now they are paying for it.Putting the well-being of your nation into the hands of a few rich men always leads to corruption and depression.

With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the one still awaiting us. The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. When it all went wrong the government promised the biggest financial stimulus packages in history and gargantuan bailouts. But what crazed logic is that: propping up debt with more debt? "They're giving alcohol to a drunk: it just sets him up for a bigger hangover."