What caused Iceland financial crisis?
One of the most important causes of the financial crisis was the misguided use of inflation targeting. In the late 20th century, Iceland experienced the most volatile inflation rates among advanced countries. Table 3 shows the inflationary dynamics in the OECD countries between 1980 and 2009.
What is the documentary Inside Job about?
The global financial meltdown that took place in Fall 2008 caused millions of job and home losses and plunged the United States into a deep economic recession. Matt Damon narrates a documentary that provides a detailed examination of the elements that led to the collapse and identifies keys financial and political players. Director Charles Ferguson conducts a wide range of interviews and traces the story from the United States to China to Iceland to several other global financial hot spots.
Inside Job/Film synopsis
Is Inside Job accurate?
Pretty accurate. According to the film, in 2009, Wall Street firms had revenue of approximately $433 billion, and paid record compensation of $139 billion. It might have counted more financial firms than the five we used: Bank of America, Goldman Sachs, Morgan Stanley, JPMorgan, and Citigroup.
How long is the movie Inside Job?
1h 48m
Inside Job/Running time
What was the cause of the Icelandic financial crisis?
e The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country’s major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom.
What kind of documentaries are there about Iceland?
Narrated by David Attenborough, this nature documentary series explores the inhabitants and wildlife of the Arctic North with Iceland featured, of course. A group of eight people can somehow telepathically experience each others’ lives in this thrilling British science-fiction series.
Is there a movie about Thorgeir in Iceland?
This movie was released in 1991, directed by Friðrik Þór Friðriksson. It is the only Icelandic movie that has ever been nominated for the best foreign language film Oscar at the 64th Academy Awards. The movie is about Thorgeir who has grown too old to take care of himself and his farm.
What’s the name of the movie about an Icelandic psychologist?
The movie was released in 2003, directed by Sólveig Anspach. It is a story of a relationship between French psychologist called Cora and her unclear and confused patient Loa who has returned back to Iceland from France. Cora begins to notice some changes in Loa’s attitude and the weird scientific questions she held in her mind.
