What are they teaching in Finance education?

Discussion in 'Economics & Trade' started by wgabrie, May 4, 2023.

  1. wgabrie

    wgabrie Well-Known Member Donor

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    So, last week I wondered if someone was sleeping or whether this was intentional when they included this video about private equity in my Finance class. It's a video, but it's only 3 minutes long.

    So, at first, it looks like a cheery video, but if you watch it, it keeps cutting away to a nightmare world with the facts of our reality.

    Last week I was leaning towards a mistake because otherwise, it would mean that they are teaching this next generation to be suspicious and try to escape our current system.

    This week, we're covering financial ethics and major financial scams and scandals of the past few years, and I see that last week's video wasn't an accident.

    Our financial system is festering with all sorts of corruption, scams, and greed. It's on main-street, it's on Wall Street, it's even in our financial oversight agencies and in government. It's plain to see that our financial system is a (badly made) house of cards that is just waiting to collapse. There's no accountability, no risk. The scammers and crooks may not receive any punishment at all and will be bailed out and made whole by the taxpayers.

    I'll be happy when our system collapses, and I look forward to it. But now I wonder if that was the whole point of that lesson or whether they're trying to desensitize me to that system in preparation for future, higher-level financial courses where I'll learn the truth of how our system really works and what I'd be expected to do in the workplace.
     
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  2. DennisTate

    DennisTate Well-Known Member Past Donor

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    That video was quite well done and it sure does seem to correspond with a couple of documentaries put together by Canadians.




    The update that can be seen on Netflix is also very well done and much in line with that three minute video that you gave the link to.
     
  3. DennisTate

    DennisTate Well-Known Member Past Donor

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