Essay Example on Film Inside Job Matt Damon

In the film Inside Job Matt Damon narrated a documentary that tells us the unstable systems led the global economic crises of 2008 Since the global financial meltdown happened in 2008 it resulted in the damage of environment and it caused in millions of citizens lose their jobs and homes The documentary showed the institutions that caused the crises the people involved and what they did This documentary depicted the people who caused the financial crisis especially the bureaucrats who belonged to the Bush administration and famous economics professors refused to interview such as Harvard University and Columbia University In September 2008 Lehman Brothers filing for bankruptcy and the collapse of the largest insurance AIG shook the US economy The global stock market will soon wane with Wall Street shock The world has been inundated by tens of trillion dollars and the global recession has continued As the bubble burst house prices and assets plunged 30 million people fired and 50 million people became poor However this was not a mere accident It was an obvious crime created by the financial industry out of regulation The indiscriminate expansion of the US financial community which began in the 1980s led to a serious and continuous financial crisis At that time the damage was bigger but Wall Street made more money 

Even though the banks failed the back executives were making more dollars in the period Due to the economic depression caused by the financial crisis citizens lost their jobs and die for hungers However the so called financial elite of Wall Street sucked cocaine from the club every night and spent 1600 per hour prostitution from company money and enjoyed a luxurious life It was shown to the audience without a single censor The financial system designed to make human life easier has been completely altered for the people in the system Therefore this society has been running to meet the luxury life of financial people by sacrificing the citizens who work hard for the social economic People in financial world did not worry about the financial company s money but they used black cards for prostitution In order to hide these details they made a receipt for counterfeiting the money prostitution for computer repair and financial research Despite the financial regulations the underlying system remains unchanged The main detainees who have caused the world recession with the US are still in power and there is no hope citizens even though they are struggling The executives pursuit of excessive material needs and neglect inner mental value Therefore we hope that this document should change this situation and the wrong world