3
Reviews:
Inside Job:
Matt damon described a
documentary that tells us how instability in a system lead to the global financial
crisis in 2008. This financial crisis affects a lot of people as they lose their jobs
and homes. The documentary showed us that how financial institutions like JP
Morgan, Lehman brothers, Citi groups, Morgan Stanley cause crises and what
people do? That led to the global crisis. In the 2000s the industry is influenced by five
investment banks, 3 insurance companies, and 2 rating agencies. The investment banks like JP Morgan, Goldman Sachs,
Lehman Brothers, Merill Lynch and bear Stearns. This documentary shows that how
bureaucrats were involved and refused to give an interview to Harvard University and
Columbia University. Actually, these bureaucrats are economics professors and administrators.
In September 2008, the Lehman brothers got bankrupt and the collapse of the largest
insurance company hits the U.S economy. The stock market got crashed and the
whole world loses trillions of dollars that lead to an economic recession
globally.
As the bubble burst,
house prices and assets dropped, millions of people lose their jobs, and 30
million people became poor. However, this was not an accident. It was merely a
preplanned crime activity forged by financial institutions that went against
the SEC regulations. In 2008, the financial crisis in U.S caused the stock
prices to fall by 90%, the monopoly of monetary value, the banks loses
billions of dollars. The story starts with the Iceland’s major 3 big banks like
Glitnir, kaupthing and landsbanki that invested billions of dollars in the U.S
stock market and houses subprime collapsed due to the financial crisis that lead to instability in Iceland’s economy.
In 2000, the internet
stocks bubble burst because the financial institutions promoted internet
companies they know would fail in the future. As a result, the investor loses
trillions of dollars. Investment banks combined the mortgages with loans into
the collateralized debt obligations (CDOs) and sold it to investors. The rating
agencies gave AAA ratings to the CDOs. Many banks lend to the people for the
house mortgages they could never repay.
As the housing bubble
burst, the amount of money borrowed by the investment banks is much higher than
the banks own assets. The investors who buy stocks, houses bets against the
CDOs they didn’t acquire. Various CDOs backed by the subprime mortgage. Goldman
sachs sold billion worth of CDOs in 2006. Goldman Sachs gambles against the Low valued CDOs by persuading the investors that these CDOs were of high value in the
market.
In November 2007 and April in 2008, the market for CDOs got crashed and the investment bank loses
billions of dollars that had been invested in CDOs. The loans that gave to the
people for the houses subprimes defaulted, the people were unable to repay the loans,
as a result, the major investment banks got bankrupt and the U.S economy suffered
due to the financial crisis.
The executives of
financial institutions made billions of dollars during the financial crisis also
they were involved in fraudulent activities. The brokers of investment banks
made millions of dollars in 2008. On the other side, many people loses their jobs
and became poor but the executives, brokers and employees of investment banks
made a lot of profits in an economic crisis in 2008. However, the financial elite
of Wall Street enjoyed a luxurious life as they owned yachts, private jets,
most expensive houses and cars. The real
truth is that those who were responsible for the crisis in 2008 are now in the
administration. Laurence Summers, Martin
Feldstein were appointed as an economic advisor to the president of the U.S. Actually
these people were involved in financial crisis but nonetheless no one has gone to
prison until 3 years later. The purpose of financial institutions is to make a
human life easier but the executives, brokers of investment banks made billions
of profits by sacrificing the people and made them huge losses. The financial crisis may recur when such criminal activities, gambling, and system do not improve.
The Martian:
This film is about a
man, Matt Damon's Mark Watney, who summons all of his resourcefulness and
strength to persevere an apparently outlandish circumstance, at that point must
deal with loneliness on top of it all. In case you've ever seen a film, you
know going in that things are reaching to turn out fine for Mark—that no studio
is progressing to pay for extraordinary impacts driven epic approximately a
smart, likable castaway who dies within the final five minutes. You to know
that, in spite of the Lone Man against Nature plot line, and it wasn't so that
she may turn tail and head for Earth with her team within the to begin with ten
minutes and never return. You also know that, despite the warmed discourses
back on earth of how risky, time devouring and costly a protect mission would be,
NASA will still ought to arrange one, which any complaints (basically by
JeffDaniels' character, the agency's executive) will be waved off within the
title of doing what's right.
"The Martian"
once in a while plays like an unscripted TV show around a man stranded on
another planet. There's a touch of "How to" within the way Scott and
Goddard tell the story. As Mark talks to himself, he walks us through his
processes, appearing how, for the occasion, he re-liquefies dried-out squander
and blends it into dry Martian soil, at that point embeds divided potatoes into
edit wrinkles and holds up for a sprig of green to seem. Cost-benefit
investigation continually comes into play, as when Check drives a few hundred
kilometers in a meanderer to burrow up tech left over from another Damages
mission, and must choose whether to turn off the warm within the cockpit to
spare control amid the long travel.
Chiwetel Ejiofor's Dr.
Vincent Kapoor, the head of NASA’s Mars missions, needs to bring Mark home out
of a sense of honor and commitment. All of the other characters—including
Chastain's Capt. Melissa Lewis, Daniels' Teddy Sanders, and Teddy's ethically
indignant right hand man, Mitch Henderson (played by Sean Bean, the perfect
performing artist to play a man of conscience)—are fundamentally on the same
page. It's not a question of whether everybody needs to do the crowd-pleasing
and heroic thing, but whether it's conceivable. It takes whereas fair to induce
a radio message to Mars and back, and you can't just send a spacecraft there
like you'd overnight-mail a birthday gift. The mission needs to be arranged
for, and paid for. That can take months or a long time. For Mark its life or
death, but we gather that there are long stretches when the public has
forgotten that he's stranded. The most significant recurring pictures within
the film are close-ups of sprigs growing from the potatoes that Stamp buried in
his nursery. He keeps working no matter what. This movie teaches us a lot of lessons;
firstly, you should keep working no matter what the situation is, in this movie
Whattney didn’t lose hope, he was working constantly and he starts finding solutions
to make things better. We have seen in our lives that we are panic in
difficult situations. We worry about many things so this is the bad thing that
we adopt. The only solution to our problems is to take some break, think about
it and then keep working on it. Secondly, we should never be afraid of tragedy situations.
Life is changing for good or bad. We should
always try to find solutions for every problem in our lives; just like Whattney
is an astronaut, also he is a scientist and intelligent person. When everything
goes wrong on mars, he didn’t lose hope and had always trying to making a new
plans to do the things better.
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