The Party's Over: How the West Went Bust (2011 - 2011)
In two parts, BBC Business Editor Robert Peston examines how the global financial crisis came to be, and how the shifts in the world economy have left the UK in need of a radical economic overhaul. `The Party's Over' begins by comparing the lives of workers in a Chinese company with their co-workers in Britain. Peston interviews bankers, politicians and economists, concluding the boom we enjoyed before the crash was based on an illusion, and that the world's economy is now so unbalanced that in the West we face a sobering wake-up call.
- Status
- Returning Series
- First Aired
- 2011-12-04
- Seasons
- 1 seasons
Video Providers
Season 1Episode 1
Episode 1
In the first part of "The Party's Over", Robert Peston vists Shanghai, the fastest growing city in China and home to 23 million people. Here, he meets some of the city's workers prepared to earn less than their UK counterparts to help fuel the Chinese economic boom. Robert Peston examines how decisions taken 30 years ago shaped the world we live in today, and concludes that the West faces a sobering wake-up call.
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