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Who Is Saving Whom? The Crisis as a Business Model's primary photo
  • Who Is Saving Whom? The Crisis as a Business Model (2015)
  • 104 min | Documentary, News
Who Is Saving Whom? The Crisis as a Business Model (2015)
104 min | Documentary, News

"Who is saving whom?" is not just another bank rescue and Euro rescue film. It reveals much more what it is that all the "rescues" hide, right up to the present day tragedy of Greece. The radical alteration of society in Europe. The ...See more"Who is saving whom?" is not just another bank rescue and Euro rescue film. It reveals much more what it is that all the "rescues" hide, right up to the present day tragedy of Greece. The radical alteration of society in Europe. The transformation of private debt into public debt which has been papered over and presented as a "rescue" has not only driven democracy to absurdity, it has shaken societies which consider themselves socialist societies with rule of law to their foundations. No one formulates this better in the film than Mario Draghi, who as a one time vice president of Goldman Sachs and present president of he ECB steers the economies in the Euro area: "The European social model is history". "Saving the Euro will cost a lot of money. That means we will have to take leave of the European social model". For seven years now the rescue is taking place with the help of hundreds of Billions of public money. "Who is saving Whom?" shows the beginnings of this development when after seventy years of relative stability the financial world was deregulated. The financial world immediately used its new freedom to develop those new financial derivatives which today dominate the economy. The film demonstrates the usage of and the enormous danger from derivatives. But it also shows the possibilities of defence, as in Iceland, where international capital was not saved, but rather a redistribution from the top to the bottom took place. See less
Read more: Plot summary
Directors
Leslie Franke | Herdolor Lorenz | Stefan Corinth (co-director) | Alexander Grasseck (co-director) | Tania Sainz Martín (co-director)
Producer
Cinematographer
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Status
Edit Released
Updated May 26, 2015

Release date
Feb 2015 (Germany)

Contacts

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Cast

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12 cast members
Name Known for
Rolf Becker
Self - Narrator (voice) Self - Narrator (voice)   See fewer
Lucía Figar
Self - Minister for Education Madrid Self - Minister for Education Madrid   See fewer
Guiomar Morales
Self - Platform Debt Audit Self - Platform Debt Audit   See fewer
Hans-Werner Sinn
Self - Institute for Economic Research Munich (as Prof. Dr. Hans-Werner Sinn) Self - Institute for Economic Research Munich (as Prof. Dr. Hans-Werner Sinn)   See fewer
Nantia Valavani
Self - Deputy Minister of Finance Self - Deputy Minister of Finance   See fewer
Leonidas Vatikiotis
Self - Economist Self - Economist   See fewer
Marisa Holmes
Occupier (uncredited) Occupier (uncredited)   See fewer
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