Tuesday, April 26, 2011
Inside Job
Inside Job was an absolutely amazing documentary. It won Best Documentary Feature at the 2011 Academy Awards and I am not surprised. It is probably and most likely the best documentary film I have seen since An Inconvenient Truth starring Al Gore, but may even be better than that. I have only seen that film once but I have seen Inside Job now two times, so I can tell you for sure that Inside Job is one of the most amazing films I have ever seen period. It is narrated by Matt Damon, and he does an exquisite job although a bit melodramatic in some parts. Overall though it is a great film, especially if you love economics as I do and who hasn’t learned something about the economy through this entire financial crisis. It’s just a shame though because it so often mimicked the Great Depression that to do that time period justice we should have named it the greatest depression or something like that but we will have to make do with the current title of the Great Recession. Having said that, I recommend this film to almost everyone because none of us really remember how bad the Great Depression was but if we think back a little bit, then we can most likely recollect how bad and deep the Great Recession was. Although we are not quite back to the growth preceding the Great Recession, I believe that it is better to grow at a slower and more sustainable rate than have a repeat of any Depression or even another smaller Recession. So if we keep the current momentum alive then we might not have a repeat scenario for a long time and that is so often the goal after something like that happens, and we might not even have a double dip or even a slight recession for a long time either, which is beneficial when you think about the fact that we are growing at a much more sustainable rate.
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