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Week by week, Domino will examine the economic narrative that shaped the world as we know it today. The story begins in 1971 with America's decision to break from the Bretton Woods agreement, and follows the consequences that inadvertently led to the Latin American drug boom, the rise of Japan, and near implosion of the global credit system in 2008. Domino will also explore the lesser known stories between the epic rise and fall and eventual collapse of currencies in Thailand and Mexico as well as the failure of a small hedge fund in Connecticut that sent shock-waves throughout America's financial system.

Week by week, Domino will examine the economic narrative that shaped the world as we know it today. The story begins in 1971 with America's decision to break from the Bretton Woods agreement, and follows the consequences that inadvertently led to the Latin American drug boom, the rise of Japan, and near implosion of the global credit system in 2008. Domino will also explore the lesser known stories between the epic rise and fall and eventual collapse of currencies in Thailand and Mexico as well as the failure of a small hedge fund in Connecticut that sent shock-waves throughout America's financial system.
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Location:

United States

Description:

Week by week, Domino will examine the economic narrative that shaped the world as we know it today. The story begins in 1971 with America's decision to break from the Bretton Woods agreement, and follows the consequences that inadvertently led to the Latin American drug boom, the rise of Japan, and near implosion of the global credit system in 2008. Domino will also explore the lesser known stories between the epic rise and fall and eventual collapse of currencies in Thailand and Mexico as well as the failure of a small hedge fund in Connecticut that sent shock-waves throughout America's financial system.

Language:

English


Episodes

Ep. 9: China: Shadows and Ghosts

12/20/2018
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From the outside, China appears to have discovered the fountain of unending economic growth. But is it really just a mirage? Did China purposefully create their own real estate bubble to avoid the global economic slowdown in 2008 / 2009? Why do massive cities still sit empty years after their creation? This week we examine the strange and misunderstood world of China, and how government owned enterprises are providing the illusion of growth with high ever-increasing debt. Could China be the...

Duration:00:33:03

Ep. 8: European Bumblebees

12/13/2018
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Could a speech about bumblebees solve Europe’s economic woes? Is it possible for nineteen countries to share a common currency? What happens when interest rates go negative? Europe is one gigantic economic experiment with complexities that few understand. This week, we examine the history behind the current European economy as well as the challenges that they may face in coming years. And we finally address the question, are Italians bad at budgeting?

Duration:00:26:26

Ep. 7 : Bubbles, Bankruptcies, and Burnt Bridges

12/6/2018
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Aside from the staggering losses suffered by investors, 2008 is best remembered for the shocking fall of Wall Street titans Lehman Brothers and AIG. One company was bailed out by government money, the other was allowed to fail, resulting in the largest bankruptcy in history. The story behind the collapse of each firm began many years earlier, with a change in risk management policies. The subsequent decision of ‘who to save’ serves as a valuable lesson: don’t burn bridges on Wall Street.

Duration:00:27:20

Ep. 6: Long Term Capital Management

11/29/2018
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No hedge fund in the 1990s made bigger waves than Long Term Capital Management. In 1996, their profits exceeded the net income for Disney, Dell and Nike... combined. Using sophisticated computer models and massive leverage, LTCM made billions of dollars for their investors and the fund’s partners. In 1998, circumstances changed, causing the fund to implode in an epic meltdown that threatened the very fabric of Wall Street. The Federal Reserve finally stepped in to orchestrate a bailout. A...

Duration:00:24:46

Ep. 5: Thai Game: Soros up to Baht

11/15/2018
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American companies poured billions into Thailand in the mid-1990s to utilize the country’s young, educated workforce. Investors saw the developing country as an economic fountain of youth, and Thai companies took advantage of a fixed exchange rate to borrow funds in US dollars. In time, the economy slowed, investments fell, and money began to leave the country putting pressure on the baht - Thailand’s currency. A savvy investor named George Soros watched the story unfold and made an untold...

Duration:00:26:46

Ep. 4: NAFTA and the Giant Sucking Sound

11/8/2018
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Proponents of the North American Free Trade Agreement described the trade deal as a win-win for everyone. Those in opposition argued that Mexico would be the only winner from the inflow of factories and jobs. Both sides were wrong. What was supposed to be a clear victory for Mexico turned out to be a nightmare with Mexican consumers abandoning local products in favor of American-made ones which sent the Mexican economy into a tailspin. The real winner? Arkansas based retailer and NAFTA...

Duration:00:26:31

Ep. 3: Japan - Yen and Now

11/1/2018
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In the 1980s, Japan was poised to become the next economic world leader. Books were written about their work ethic, financial innovation, and management styles. From luxury cars to VCRs, Japanese manufacturing was more efficient, more advanced, and frankly more profitable than American companies. For many economists, it was a near certainty that Japan would soon surpass the US as the largest economy in the world. But something strange happened. Japan’s hot economy suddenly turned south,...

Duration:00:31:35

Ep. 2: The Latin American Debt Crisis

10/25/2018
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A fortunate discovery by a Mexican fisherman uncovers the largest oil reserve in Latin American history. Spikes in oil prices shortly thereafter coupled with easy access to loans triggers a spike in borrowing throughout the region. The euphoria would be short-lived. Just as it appeared Latin America's day in the sun had finally arrived, interest rates spike, leading to massive problems and hardship. Health standards plummet, the economy contracts, and the illegal drug industry booms as the...

Duration:00:33:11

Ep. 1: The Gold Standard

10/25/2018
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In a surprise move, President Nixon announces an abrupt end of the convertibility of the US dollar into gold. With the unbridled freedom to print money and spend, the country adopts a more-loose-than-usual monetary policy that inadvertently spurs inflation. As the dollar weakens, concern mounts about the long-term viability of the dollar until Treasury Secretary William Simon and Secretary of State Henry Kissinger strike monumental deals with Saudi Arabia and OPEC to secure the dollar's...

Duration:00:24:40

Domino Season 1 Teaser

10/16/2018
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Beginning October 25, we will examine eight different events that altered the global economic landscape and the cascading impact on the next. Join us as we take an entertaining and educational journey, beginning with the Nixon shock in 1971 and the Latin American debt crisis that followed. Each week we will launch a new story to examine the ripple effects that followed.

Duration:00:02:53

DOMINO del 22/07/2013 - p.41

7/22/2013
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Lao viene a sapere che Lilli si trova ad Algeri...

Duration:00:15:32