Make your subsequent Netflix binge an academic one with these 5 reveals about cash, finance and capitalism.
Netflix is nice for these instances once you merely want to sit back out with an excellent weekend binge. For a change of tempo, why not make your subsequent TV binge session one the place you tickle your mind and be taught a little bit extra about cash, finance and capitalism?
From investigations into the most important scandals of our time, to the damaging attract of corruption, and even a peek into the lives of these blessed with ultra-luxe existences (spoiler: it’s not all glitter and rainbows), listed below are 5 entertaining Netflix reveals that may simply change your views about cash.
1. The China Hustle
Length: 1h 24min
One-line synopsis: An expose about one of many largest monetary frauds in America, occurring proper now.
Beneath its light-hearted, at-times comedic veneer, The China Hustle is a harrowing story and warning about what’s being known as one in every of America’s largest monetary frauds which have victimised, and proceed to hurt, laymen traders in America.
The deceit is straightforward. Chinese language corporations are merged into defunct American corporations and listed on the inventory alternate. Then, American traders and banks suggest the shares of those Chinese language corporations, who falsely declare earnings and income far in extra of the truth, as a lot as 10 instances or extra.
This drives up inventory costs, letting merchants, banks, brokers and the like earn revenue from traders tricked into shopping for into these basically nugatory corporations. It’s sobering to think about the fallout when the entire gig lastly comes crashing down.
Much more chilling is the revelation that this fraud continues to be happening right now, and monetary establishments in America appear unable or unwilling to cease it.
The way it’ll change your view about cash: Amongst different issues, this documentary will train you to be extra cautious in doing all your analysis earlier than investing, and solely placing your cash in trusted establishments and jurisdictions.
2. Soiled Cash
Length: 2 seasons, 12 episodes in complete
One-line synopsis: Cash makes individuals do humorous issues, simply too unhealthy they’re unlawful.
Corruption, scandals, dishonest, outright lies. Cash has a means of inspiring the worst in individuals. And as this Netflix documentary collection reveals, it’s not solely criminals that give in to their base needs and commit unlawful acts.
Fairly, it’s clever, highly-respected individuals, people we maintain in excessive regard, that can’t resist the corrupting affect of cash, making their ethical failure and eventual downfall that rather more stunning.
Pulling collectively investigations, studies and private interviews (typically with the offenders!), every of the 12 episodes in Soiled Cash narrates a monetary scandal so massive in scale and insidious in attain that you just’ll be left questioning how far more corruption is occurring within the backdrop of on a regular basis life, hiding in plain sight.
Particularly gripping is the Season 2 episode that includes the billion-dollar 1MDB scandal. With Najib now sentenced to a decade-long jail term, the interview section the place he calmly and confidently denies the allegations is satisfyingly ironic.
The way it’ll change your view about cash: You’ll turn into extra cautious concerning the capacity of huge companies and highly effective figures to do the correct factor – for higher or worse.
3. Dangerous Boy Billionaires
Length: 1 season, 3 episodes
One-line synopsis: Extremely-rich males getting excessive off their very own provide.
Focussing on three of India’s largest cash scandals, Dangerous Boy Billionaires stands out for its depiction of the heights of denial that corruption can encourage in those that fall beneath its toxic affect.
The central characters in every hour-long episode – an airline magnate, a jeweller and an investor for the poor – begin their tales off on ostensibly honourable footing.
Nonetheless, as shiny facades crumble, ever extra distasteful truths come to gentle. As extra critical accusations immediate investigations, the responsible events reply not with contrition however by railing ever louder, making much more extraordinary heights and pushing the more and more unbelievable agenda of their innocence.
Every episode is a morbidly fascinating research in how far indifferent from actuality the perpetrators turn into as their fabricated empires come crashing down.
The way it’ll change your views about cash: The pursuit of cash is sweet, however there could be an excessive amount of of an excellent factor.
4. Trump, An American Dream
Length: 1 season, 4 episodes
One-line synopsis: How one can create your individual actuality, all the way in which to the White Home.
Fortunately, Biden and the Democrats have lastly managed to place Trump away (for now) however you possibly can wager your backside greenback this received’t be the final we’ll see of him.
If you happen to’re questioning how Trump got here to be accountable for the most likely the world’s largest assortment of nuclear weapons for 4 sweat-inducing years, this investigative documentary (and supervillain origin story) will aid you perceive the ability of the Trump model.
Like most villains, he wasn’t at all times like this. Younger Donald Trump was seen to be deeply strategic, likeable and clever, however after seeing his identify within the vivid lights of Trump Tower, the as soon as good businessman took an unexplained flip that darkened his status and solidified his worst traits.
Someway hitting upon a horrible mastery of the phantasm of energy and wealth, Trump continued to wield his malign affect culminating within the chilling revelation that he had at all times been aiming for the White Home.
The way it’ll change your views about cash: Trump, An American Dream proves appearing like you’ve got cash will get you additional than truly having extra money.
5. Bling Empire
Length: 1 season, 8 episodes
Style: Actuality TV
One-line synopsis: Loopy Wealthy Asians have issues too, you recognize?
A fly-on-the-wall take a look at the lives of rich Asians in Los Angeles, Bling Empire is an unexpectedly addictive collection you’ll need to binge-watch at one go.
The forged of characters are as various as they’re memorable.
There’s the half-Japanese, half-Russian billionaire heiress Anna Shay; high-cheekboned former star of Actual Housewives of Beverly Hills Christine Chiu and her husband Gabe – a direct descendant of the Tune Dynasty; former equestrian and upcoming vogue influencer Jaime Xie; curvaceous and feisty Kim Lee, pipped to be EDM’s subsequent largest famous person; Cherie Chan, a denim empire heiress and former rising Japanese pop star; Kelly Mi Li, an influencer and Hollywood producer; and even Singapore’s very personal Kane Lim, a self-made multi-millionaire, actual property developer, investor and philanthropist.
Health mannequin Kevin Kreider is their not-rich shut pal, whose typically endearingly clueless however relatable questions on “wealthy individuals tradition” makes him an efficient viewers surrogate.
The attention-popping life-style of the ultra-rich is placed on full, unfettered show right here. The forged take turns reserving out total high-end retailers, golf equipment and eating places, even the enduring Rodeo Drive, simply in order that they and their pals can get together in personal.
However it’s the interweaving storylines and scene-stealing cameos that may hold you glued to the display, which incorporates:
- The tit-for-tat cattiness of Anna and Christine’s social warfare
- Kim and Kevin’s heartstrings-tugging seek for closure
- Christine’s sacrifice in opposition to the suffocating weight of long-outdated Chinese language values
- Kelly’s see-sawing and doubtlessly damaging love life
- Cherie’s barely kooky if comprehensible beliefs about her useless mom
With all that, there’s loads to maintain you mashing the ‘Subsequent Episode’ button.
With such a gaudy backdrop, you’d count on Bling Empire to be nothing greater than a gauche show of privilege and wealth.
A lesser manufacturing crew would have arrange the forged to fulfil traditional TV tropes like scheming villain, righteous hero, long-suffering partner, naive man-child – the characters are definitely ripe for the taking.
Quite the opposite, each character is given the time and area to inform their very own tales. This ends in absolutely fleshed, at instances voyeuristic, portraits of individuals combating common points like acceptance, identification and love.
The way it’ll change your views about cash: Bling Empire proves that cash doesn’t clear up all issues. However we wager sobbing into thousand-dollar bedsheets in a million-dollar mansion continues to be going to be far more snug.
This text was first printed in SingSaver.com.sg.