The Ascent of Money Season 1 Episode 5 Safe as Houses 2008
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It sounded so simple: give state-owned assets to the people. After all, what better foundation for a property-owning democracy than a campaign of privatisation encompassing housing? An economic theory says that markets can't function without mortgages, because it's only by borrowing against their assets that entrepreneurs can get their businesses off the ground. But what if mortgages are bundled together and sold off to the highest bidder?
- Released: 2008-12-15
- Runtime: 49 minutes
- Genre: Documentary
- Stars: Niall Ferguson
- Director:
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1. Dreams of avarice 2008-11-17
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2. Human Bondage 2008-11-24
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3. Blowing Bubbles 2008-12-01
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4. Risky Business 2008-12-08
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5. Safe as Houses 2008-12-15
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6. Chimerica 2008-12-22
