This is not just a documentary, its a horror movie if I can even call it that. I watched the second half of part 2 in utter disbelief.For those who want to see how "Free Market" in Canada works and well... crashes :
Its a two part documentary. On how Nortel become a massive giant and .... blew up entire economy of Canada. Warning : 1:30 hours each. Short summary, Nortel started as an assembling partner of Bell/Lucent, became independent 60s or so and started producing independent products, became massive, Canadians put all their money and pension in it and then ... it blew up tanking Canada's economy and pensions.
Why should you watch it?
Because it shows you how fucked up "Free Market" in Canada gets..
Because it shows how Canada has a fundamental relationship with greed... It makes them really blind. I mean really.
Because it shows that when shit really hits the fan, first one to dump its vulnerable people is Canadian goverment.
Because it shows how deeply ingrained "value signalling" is in this society.
Because it shows just how great Canadian folks are at blaming things on other and finding an external cause who is unfair, uncouth and foreign... They ... never look for the real obvious systemic issues. (Frankly, I was literally shaking my head during the section when the real issue that killed Nortel was discussed. It has all the echos of the current housing crisis. Everyone tries finding the villians, except... there was none!)
Most importantly, it shows how really big business in Canada work. It is really eye opening.
If nothing, just watch the second half of the second video. Personally, it was very very interesting for me but then, I do not expect a rather dry documentry to be everyone's taste.
@iSaidGoodDay If you get time, do watch it.. Just double the speed of the video. It sounds funny but very understandable.
Just horrific what the poor employees had to put up with, especially those that stuck to the end. What a royal betrayal.
What's even more horrific is that nothing really changed despite this mess. This is greed and incompetency like I have never witnessed in my whole life.
I am glad you posted about this here, really gives a deep insight into the inner workings of Canada.