Saturday 2 October 2010

Wall Street: Money Never Sleeps


If I can think of one message to take-away from this movie (if any), it has to be that, the Wall Street crash of 2008 could happen again, because little has changed from two or three years ago.


Today, as we all know, USA is probably the poorest country in the World (if you include the national debt they have)!  The Americans suffer from high unemployment, slow growth, huge deficits, and extra trillions added to the national debt.

I was watching CNBC the other day and they actually have a programme which taught a couple how to save up and spend wisely!  That really amazes me. 

Interestingly enough though, in this year’s Fortune 500 list, two banks made it into the top 10 including Bank of America and J.P. Morgan Chase.

Is Gekko (Michael Douglas) in the film correct in saying we are doomed to repeat the mistakes of the past? Or can we repent, and learn, and do better?







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