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The IMF has called it
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Hot Money

The IMF has called it "theshadow banking system." "Shadow" here doesn'tmean that it is...

The IMF has called it "the
shadow banking system." "Shadow" here doesn't
mean that it is illegal

Full Transcript

00:00:01.000 --> 00:00:03.536
The IMF has called it "the shadow banking system."
00:00:04.704 --> 00:00:07.039
"Shadow" here doesn't mean that it is illegal.
Duration
7 seconds
Views
17
Timestamp in Movie
00:39:25
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
It also doesn't mean that it is necessarily shady and so on. - Hot Money 00:04
It also doesn't mean that it is necessarily shady and s...
It is just that it is shadow because there are no rules. - Hot Money 00:05
It is just that it is shadow because there are no rules.
It's sort of almost the Wild West of the financial sector - Hot Money 00:14
It's sort of almost the Wild West of the financial sect...
It's like you and I say, - Hot Money 00:10
It's like you and I say,
"I'll get a bonus for setting up the insurance. - Hot Money 00:05
"I'll get a bonus for setting up the insurance.
"You'll get a bonus - Hot Money 00:06
"You'll get a bonus
And I figure I could also get those, - Hot Money 00:09
And I figure I could also get those,
- The thing is, it's like the old insurance principle, it's - Hot Money 00:06
- The thing is, it's like the old insurance principle, ...
Can each person in the neighborhood put a $100,000 policy - Hot Money 00:10
Can each person in the neighborhood put a $100,000 policy
(explosion roars) - Hot Money 00:16
(explosion roars)
- The critical derivatives for our financial markets today - Hot Money 00:13
- The critical derivatives for our financial markets today
And the credit default swap is basically - Hot Money 00:21
And the credit default swap is basically
(fire crackling) - Hot Money 00:10
(fire crackling)
- The value of these financial transactions - Hot Money 00:16
- The value of these financial transactions
And that is about let's say, - Hot Money 00:06
And that is about let's say,
- So an American city with - Hot Money 00:10
- So an American city with
How does that work in the insurance market, - Hot Money 00:09
How does that work in the insurance market,
- This is not just different actors, - Hot Money 00:22
- This is not just different actors,
- The big banks, they don't necessarily know how much risk - Hot Money 00:18
- The big banks, they don't necessarily know how much r...
- The system is so complicated - Hot Money 00:07
- The system is so complicated