Coming soon is a documentary called "The Bubble" that will be explaining what really happened that caused the housing bubble and recession in the US. The documentary will be featuring many of those who warned against the recession but were marginalized and even laughed at by the mainstream economics community including Ron Paul, Peter Schiff, Tom Woods, Marc Faber, Doug Casey, and many more (such a shame they didn't get Harry Santos to be in this film haha).
Their Facebook page: http://www.facebook.com/thebubblefilm?fref=ts
Many of the folklore economics view on the issue, as I call it, will finally be explained and dismissed. Questions like: Was it really the "free market" and too much "deregulation" that caused the recession? How come no one listened to those who were predicting the recession? What is crony-capitalism and what is a true "free market" (in the libertarian sense of the term)? Why did Obama keep the same people that Bush appointed who are supposed to prevent these things from happening (Bernanke, Geithner, etc.)? Are these people really the ones supposed to "manage" and "plan" the economy or are they the ones who caused it? What's the real deal with the world's monetary policy?
All these things will surely be addressed and you wouldn't even need to be an economist to understand the answers because, in fact, the answers are pretty simple.
I really can't wait for this movie to come out. It would surely change a lot of people's minds about government and monetary policy. It would be a nice documentary to watch with friends and have discussions afterwards. The people working on this, those who are part of it, and those who will watch it and change their minds: these people make me hopeful for a more prosperous and free society not just in the US but all over the world.
If you liked this post then you might also like:
1. Doug Casey, Hyperinflation, and the Post-Apocalypse Economy
2. Marc Faber on Monetary Policy
3. Why Do I Support Ron Paul?