Planet Finance: Nature of the Beast
For most, Planet Finance is a complex, influential world that only becomes visible when crashes occur in the financial markets. Stock market prices quickly shot back up on Planet Finance during the COVID pandemic, while the inhabitants of planet Earth were still sweeping the shards together.
The contrast could hardly be greater. But how does such a market emerge? Through interviews including the founder of the market in oil futures, one of its first traders and a neuropsychologist who mentally guides traders and hedge fund managers in making risky decisions, it becomes clear how Planet Finance grew into what it is today.
Planet Finance is produced by VPRO in co-production with ZDF and in collaboration with ARTE
This series was created with the support of NPO-fonds & CoBo
© VPRO & ZDF 2023
Re: Market Movie Lounge
112Planet Finance: Free Oil
Planet Finance sets the world price for many commodities: for grain, for gold and also for oil. There is always demand for oil and the price is constantly changing. It is hard to imagine now, but at the beginning of the COVID pandemic, we could not get rid of oil. The world's oil supply was floating at sea. The tankers, and their crews, had no choice but to wait for a better price. And then came a day when a barrel of oil was free! How can a market be so derailed?
Planet Finance is produced by VPRO in co-production with ZDF and in collaboration with ARTE
This series was created with the support of NPO-fonds & CoBo
© VPRO & ZDF 2023
Planet Finance sets the world price for many commodities: for grain, for gold and also for oil. There is always demand for oil and the price is constantly changing. It is hard to imagine now, but at the beginning of the COVID pandemic, we could not get rid of oil. The world's oil supply was floating at sea. The tankers, and their crews, had no choice but to wait for a better price. And then came a day when a barrel of oil was free! How can a market be so derailed?
Planet Finance is produced by VPRO in co-production with ZDF and in collaboration with ARTE
This series was created with the support of NPO-fonds & CoBo
© VPRO & ZDF 2023
Re: Market Movie Lounge
113Planet Finance: Fortune Seekers
Planet Finance is a mostly unknown, adventurous and also attractive world for the retail trader. In Japan, you won't get interest on your savings for decades. Entering the foreign exchange market is then a low-threshold step. 'Mrs Watanabe' is a collective name for the one and a half million Japanese individuals in this market and a household name in the shiny towers of Planet Finance. But on the foreign exchange market, the value of one currency always rises or falls against another. Where one wins, by definition someone else loses. It's a Zero Sum Game. Who wins when you lose?
Planet Finance is produced by VPRO in co-production with ZDF and in collaboration with ARTE
This series was created with the support of NPO-fonds & CoBo
© VPRO & ZDF 2023
Planet Finance is a mostly unknown, adventurous and also attractive world for the retail trader. In Japan, you won't get interest on your savings for decades. Entering the foreign exchange market is then a low-threshold step. 'Mrs Watanabe' is a collective name for the one and a half million Japanese individuals in this market and a household name in the shiny towers of Planet Finance. But on the foreign exchange market, the value of one currency always rises or falls against another. Where one wins, by definition someone else loses. It's a Zero Sum Game. Who wins when you lose?
Planet Finance is produced by VPRO in co-production with ZDF and in collaboration with ARTE
This series was created with the support of NPO-fonds & CoBo
© VPRO & ZDF 2023
Re: Market Movie Lounge
114Watching Reacher Season 1 now
and definitely looking forward to Season 2.
and definitely looking forward to Season 2.
Re: Market Movie Lounge
115
Was pretty good
0 + 0 = 0
Infinite / Infinite = 1
1 way to Heaven & it matters
Infinite / Infinite = 1
1 way to Heaven & it matters