8:35pm – Thursday, November 5 on ABC1
Addicted To Money is THE program for anyone who wants to know how the financial crisis came about, what it means for us now, and what we can do to create a sustainable economy. Biting and punchy, this three-part series is a survival guide for the ‘New Economy’, presented with wit, charm and incisive appeal by David McWilliams, a young economist who talks just as candidly to the most influential and powerful players in the global economy as he does to ordinary people.
In the first episode of this polemical series, David McWilliams establishes that we have not just been living through a global recession, but what amounts to a coordinated economic crime. The banks were not only in control, but also out of control. The financial industry established what was effectively a drug syndicate, pushing the most dangerous addiction of all, easy credit. “When even the suburban bank manager has become a drug pusher, things are seriously unhinged,” says McWilliams.