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Free Your Mind... and your personal finances will follow
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Mortgage Meltdown
Mortgage Meltdown - 44min. documentary
See full film here: http://www.booserver.com/projects.php?ProjectID=2556 17 September 2007 What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? 'Mortgage Meltdown' examines how our interconnected finance systems left the world vulnerable to a global credit crunch. It traces the current crisis to the fallout from September 11, hearing from the families now facing destitution while the 'market corrects'. With banks now afraid to lend to each other, the subprime mortgage crisis threatens to push America, and possibly the rest of the world, into recession. Produced by ABC Australia Distributed by Journeyman Pictures
Runtime: 10:08
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Posted August 29, 2008
