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This is a great contribution to the edtiuacon of people about the terrible things that are happening to them now. Unfortunately, to fully explain and draw the connections necessary for most people to make sense of it, the program would have needed to be 4 times this long, and make more of the political connections involved, as well as to show examples of how these concepts work. Perhaps in the manner of the old Mr. Wizard show, or more recently Bill Nye the Science Guy, where they dont just explain in abstract terms, but show real world examples on a small scale where anyone can see the cause/effect relationships of such things as sub-prime mortgages, the stripping and repackaging of them, and what happens when a country buys them. The reflexivity feedback system in particular deserved 10 times as much footage, at least. No mention was made of Frederick Soddy, Nobel winning chemist, whose book Wealth, Virtual Wealth, and Debt effectively predicted and demonstrated what has happened, though it was written in about 1925. In one example in which he used a single account of c382c2a35 in gold, compounded annually at a modest interest rate, in 500 years it would require a ball of gold the size of the earth to meet its debt demands. Extrapolate that to derivatives markets, and you see the predictable impossibility of their continuing. It turns out to be a planet-sized ponzi scheme, though nobody is calling it that. Niall could have given us some graphic examples like that to hammer home the absurdity of what we have seen happening, along with the absurdity of trying to fix it with more of the same. The worlds money system must be restructured to represent the actual wealth, materials, labor, services and production that exists in reality, making it impossible to bet more money in various derivative markets than will exist on earth for the next 100 years. Still, given the limitations of time, Niall has done the world a great service if the world will listen. Thank you, Mr. Ferguson
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