The Recession of 2008 (also called the Recession of the late 2000's or the Great Recession) is a major worldwide economic downturn that began in 2008 and continued into 2010. It is by far the worst recession since the Great Depression of the 1930s and the subsequent economic recovery one of the weakest.
Inside Job is a documentary film directed by Charles H. Ferguson and narrated by Academy Award winner Matt Damon released on October 8, 2010. It was made on location in United States, Iceland, England, France, Singapore and China.
The film is described by the director of the film as being about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption."
The film explores how changes in the policy environment and banking practices helped create the financial meltdown in five parts; How We Got Here, The Bubble (2001 - 2007), The Crisis, Accountability and Where We Are Now. It provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of middle-class people jobless and homeless in the worst recession and nearly resulted in a global financial collapse.
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