
Crash: Are We Ready for the Next Crisis
In 2008 the world's financial system nearly seized up, and governments scrambled to bail out banks whose failure threatened to take down the wider economy. This film revisits that crisis and asks whether the fixes put in place since then would actually hold if a new shock arrived. Economists, regulators, and bankers lay out how thin the margin was between a bad quarter and a global depression, and how much of the rescue depended on improvisation rather than planning. The film traces the buildup of debt, the housing bubble, and the collapse of major institutions, then turns to what changed afterward: new capital rules, stress tests, and oversight bodies meant to catch the next danger before it spreads. Interviews weigh those reforms against the pressures still building in banking, sovereign debt, and shadow finance. The tone stays measured rather than alarmist, but the conclusion is uneasy: the mechanisms that caused 2008 have been patched, not removed, and another crash remains a live possibility.