tv Made in Germany Deutsche Welle April 30, 2020 6:30pm-7:01pm CEST
and the christian population. who played the city center in 2000. president to response was. this is not the kind of freedom that we. did more when you become a gateway to islamist terror. an exclusive report from a destroyed city. in the sights of bias starts may 20th on g.w. . big ideas drive big changes in business and in society as a whole some are hailed as visionary but visions often turn out to be wrong or even
stupid today on made we'll be examining a range of illusions in the economy i'm chris colfer welcome to the show now one big illusion that drives people in business is the notion that you can make a fast buck for a little work if someone promises that you should be suspicious my colleague went undercover to examine the world of multilevel marketing which has often been criticized as a pyramid scheme. sounds pretty cool the whole thing cost me $86650.00 euros i've never met anybody who's taken out more money to make paid in multi-level or network marketing 1st time i've heard of it was because a good friend who had got involved with tried to sell me let's say some funny stuff
. and it goes like this you become an independent seller of a product weight loss shakes make up financial products just about anything goes plus you can make money by bringing people into the system you earn a percentage of their sales too but of course this can't go on forever every member recruits 5 new people they in turn recruit 5 new people after 14 times there will be more people in the system than in the entire world. while i'm researching this i come across masses of office like these it's always about making a lot of money without really having to do very much also always important bringing in other people and then i come across an offer where the software makes the money for me. so i can trade in the currency markets even if i have no idea of what i'm actually
doing. the training is basically betting that one currency will go up against another one it's extremely high risk you can win a lot of money quite fast but you can just as quick. as the video tries to persuade me that the software will work automatically for me with amazing returns. i want to know more how do these people work the 1st step is not to blow my cover i create a fake profile. i travel to vienna to meet the marketers i've only seen online up to now. quickly i get ready the camera and i'm on the cover i am totally nervous at the event in a small hotel for year i see extremely young people and. only in the audience the
guy who wants to sell me the trading software is only 18 years old i'm supposed to pay $250.00 for the 1st month to use the software and again he reminds me what's kind of profits are possible here. and i keep getting it drummed into me recommendations in other words network marketing mean even more income and that it's totally easy to sell the software. to this group since the. true american stories of yours are. well this from what you have these 18 year olds float on stage tell you all about
for techs trading and you can make a 20 percent yield in one month which is obviously crazy. but they still seem to get people into making money off of it which is even crazy. attorney patrick wilson confirms my doubts small trades often work but the big money is quickly gone. and i haven't met a single person who ended up making more money than they put in if it wasn't a stupid coincidence and then it's only a matter of sam's like someone deposited 500 euros and got back 800. and of course that's a small price to pay if it gets you someone who invests 100000 euros and loses all of it to his competitors. the european supervisory authority says almost all small investors lose often several 1000 euros of course that's nowhere to be seen in these presentations. it takes
a long time to find someone who is willing to talk to me about his loss just before we finish filming i travel to see him i want to hear his story. the man wants to remain anonymous only 3 of his friends know that he has lost 87000 euros in the beginning he was very excited about the software. i would say is just pure euphoria. finally you have a chance with stocks. you always heard about things like stocks. or you can make a lot of money very quickly. these people are trained. they are lucky even more hype and enthusiasm so that you can hardly a scape. he bought money from his friends to do it soon it was all gone. my children all turned 18 around that time they wanted cars wanted a vacation graduated from high school and so on they went to university and i
simply could not support them it just wasn't possible. this has happened many times some 200000 cases have been reported in germany alone i want to know from the network is in v.n. now why they do not provide precise last figures as the e.u. requires after repeated inquiries i get an answer and surprisingly. the disclaimer has been checked by a lawyer and covers everything it points out that investors risk losing part or all of their initial capital. but it doesn't say that the vast majority of people lose their money. obviously these guys from vienna on straight up criminals there this claim but they've also shown as these accounts with 20 percent yields their fancy cars they're just some are selling a tree and that's definitely not for me i like to know where my money is all the time and how quickly i can access it if you are interested in this sort of trading
i recommend going to your bank and getting some advise that's a whole lot safer than giving your money to someone you just met on social media. sounds about right so what makes so many of us susceptible to dubious money making schemes well we tend to focus on how we would like things to turn out rather than inconvenient facts to distinguish between illusion and reality we have to use our common sense as the ancient greek philosopher plato showed that can be difficult. what our economic illusions. imagine we spend our whole life tied up in a cave in front of us is a big wall on which we see figures passing by but they are mere shadows of things moving in front of the fire. we believe it's reality but it's an illusion plato's
cave the allegory by the ancient greek philosopher is still valid today. politicians entrepreneurs' and consumers can fall victim to illusions misunderstanding or misinterpreting reality. in the 950 s. the soviet union aimed to overtake the us economy among other things its plan called for communist corn that was twice as large as capitalist corn but the plan fell apart due to crop failures and unwieldy bureaucracy the victory of socialism proved to be an illusion. illusions also took root in the west for example you're going to shrimps vision in 1998 was to turn the maker of mercedes cars into a global automobile company so he merged benz with us car maker chrysler celebrating it as a match made in heaven. but the 2 company's culture and philosophy were completely incompatible the project failed also mostly at
a cost of around $40000000000.00 euros the vision to be an expensive illusion. and consumers believe their diesels were environmentally friendly intil it turned out that emissions test said been manipulated and the vehicles polluted bunch more than was claimed. an illusion driven by fraud. and how about the rest of us honestly we love illusions at least at 1st nothing pulls us in like a well made illusion. advertising consumption financial markets a large part of the economy is based on illusions. and today we sit in our caves or at least in front of our screens voluntarily but before our illusions shatter we'd better leave the cave and seek out reality.
well sometimes we want to escape reality and what industry helps us do that better than the movie business thrives on illusions and today digital technology can create a perfect illusion of reality gone are the days when an actor was stuffed into a good sailor costume to bring terror to makeshift cardboard cities just look at the science fiction film avatar it's fascinating and the company right here in berlin is among the leaders in these 3 d. animation technique and we put the focus of his. music video in the make. the computer is simultaneously transferring the movement of the dancers to a digital character the technical director oversees everything interrupting and readjusting until all the scenes are finished be careful what you do with your fingers know the ensuite the gray sensors mounted to the dancers suits are
especially important they can't slip or shift 3 d. cameras on the ceiling capture the movement of the sensors and send. data to the software. you have a different system the motion the body motion capture which is going from an optical system call up to a truck so it's trucking these markers that we velcro onto his skin this is a completely separate system this is official system with a device we can use a phone or any camera whatsoever and we are actually capturing the expression of his face. the client is a d.j. who is hoping to hit the charts with his song the d.j.'s face and body will later be superimposed onto the robot step by step the result it will look like the d.j. himself is dancing. with motion capture you can create doubles that are deceptively real here for example with kluge plus one the pop singer is long
deceased but his avatar has hit the pop charts set by. miss. living productions is an animation studio based in berlin and most of the 20 employees are 3 d. artists the couple have my any flynn and david bennett run the place in 2009 bet it worked on the ground breaking hollywood blockbuster avatar bringing the humanoid species navi to life it felt like that was the 1st time that the whole system really worked with facial expressions on such a big scale when we were working on it we just really had no idea how big that movie was going to be because of the time consuming post-production motion capture ends up being more costly than normal productions but there are exceptions for example that you're working with a celebrity and they're charging how many thousands per minute they're on said if
you don't have to work with their physical time and you instead have their character it can be done much cheaper using the sensors her mind any flynn created a 3 d. avatar of herself it was revealed her double can speak at conferences simultaneously the avatar will take on the facial expressions of the speaker. and. distinguishing between reality and fiction is becoming more and more difficult some may find that frightening but flynn isn't worried the people that are most astonished and my parents you know they keep asking me if i shaved my head and i might know it's not me. i think it's the people who who know me and can see me in my digital double i think that always gives them a surprise. their projects range from a hologram for a commercial with football star neymar. animating batman in the then most
successful computer game in the world. to helping artist jeff koons translate one of his iconic sculptures into a moving ballerina. there's a kind of consciousness to the world where people are starting to realize the potential for them and they're getting affordable now. animation technology and motion capture are developing in leaps and bounds the business with illusions can only get stronger. ok so hollywood can make anything look real and we delight in this deception but the downside is that we are vulnerable to manipulated images just think propaganda misinformation luckily there isn't an area that's free of illusions hard data economic indicators such as g.d.p. which measures the value of goods and services produced in
a country surely numbers like that are real and meaningful well maybe. the gross domestic product i know that doesn't sound so interesting but it is seen as the most important indicator of our wealth but what if g.d.p. is no longer relevant in our. words if it's a misconception. let's take other for example in 2015 the irish economy grew by 26 percent to 26 percent and the reason for that is right well. and it. made it possible that he transferred its intellectual property rights to a subsidiary in ireland as
a way of avoiding taxation after the sales of apple products no matter where in the world are reflected in islands g.d.p. . but despite the massive increase people living on the island would be hard pressed to say how they have benefited in g.d.p. for years and. have the same time toplessness in the country went down by only 1.5 percent and higher tax revenues didn't materialize as apple and other multinationals used to avoid corporate tax and while islands g.d.p. increased to 2 foreign tech companies the effect of those companies causes it to fall in other places keyword digitalisation take the music industry. now they can listen to all the music i want using cheap streaming services in the past a spend a lot of money on c.d.'s and cd players so now i'm saving money but what i'm doing has a negative impact on my country's g.d.p.
. so it's g.d.p. it's to the fed that in the case of that. a modern economy. question to the organization for economic cooperation and development the o.e.c.d. in paris which helped make up the rules for measuring g.d.p. it's always been wrong to only use g.d.p. for policy decisions that's always been the case i mean it's one macro economic indicator what we have in today's concept of g.d.p. is the lots of transactions that you as a consumer benefit from that are not in the economic system because they are free but you derive value from them and so you think there must be something wrong because i'm getting all this utility all this value from something that isn't being recorded in conventional g.d.p. statistics and as we saw advancing digitalisation and globalization makes it increasingly difficult to measure the countries real economy. a challenge and how much g.d.p. was generated by an economic entity that has no reporting mechanism in my country
it's possible question so let me just be clear i mean it's not the wrong measure for measurement or for policy making it's a measure that should be used in isolation the changes in the other world are a challenge to statistics like not enough. globalisation digitalisation are making g.d.p. less and less of the mirror of the real economy so it's g.d.p. an illusion well know. that it's no longer useful as a sole indicator for decisions that the fact. well some decisions that had very real impact on people's lives were the ones that left to the financial crisis of 2008 karen anderson gave people a glimpse of a reality many had known about its best selling book city boy it's an insider's account of the heady days of banking in london featuring reckless trading 6 figure bonuses and cocaine fueled. until everything went belly up
a decade later our correspondent buried mass murder. put 12 years he was one of them then he turned against his former colleagues and published a book on greed in the city of london. garrett anderson the full utilities analyst with some of europe's biggest banks in this place was populated by gamblers he took big risks who were thinking short and who didn't really care about the consequences their actions. this is one of the many places i see come back in the day we have 34 hour lunches and maybe there's a bunch of strip joints so about 500 yards that way cocaine dealer was just over there. it was all very good back in the good old days.
but how would you describe your former so the heroin and is that what here in this environment. was pretty cocky pretty arrogant i was a gambler by nature risk taking over confident so i was basically a pretty perfect personality for a stock broker and in fact my attitude. as i was then helps explain why the financial crisis happened. the people who invented the financial products that exploded sent the global economy into a tailspin knew they were creating a financial part of that was doomed to fail because interest rates don't stay low for a puppy process don't go up forever but they didn't because in the 10 years while they fry these products they made millions in bonuses. how was the atmosphere in the city why didn't you sense that something was going to happen now is being kind of calling
a financial crisis pretty much every 2 or 3 years since i joined the city. in 1906 i say ok this is it this is the big one guys. and we all felt that and that was actually one of the problems because when you feel like the whole house a cold is going to fall down and the incentive then is to make as much money by whatever means possible. that year and you're thinking only of that year before you know the bank won't even exist 2 years' time he'll be very critical of myself but it was actually a little bit late now i had pangs all the time about the industry i was working in from year one to when i finally left after 12 years every year i said this in my last year i'm just going to do it for one year and every year that bonus would come i think we're also going to do in my life is going to be even bigger next year i'll stay so i got trapped so did you sell your soul to the devil that i did sell my
soul to the devil but i go very good price. yeah i did i sell myself the devil i would do anything to get that bonus safe in the knowledge that if my actions then later proved to create profits that were not real it didn't matter it was too late i had the money good boy it's mine in somebody's west self because of your actions . i would say that. worse off because of the actions of this place of which i was a member i mean we've been living in austerity here all real wages. so haven't even changed for about 10 years in the u.k. and so on that basis the casino i was working in and paid up member of help to make sure most people in this country's laws probably slightly less well off than they should be. and finally we have to destroy another illusion the one of a flawless t.v.
production just take our resident a sortie force authorial style and matching patterns by colleague got our 1st look behind the scenes a dress code shows that the reality is less than perfect. and isn't enough. his people wouldn't dash. government. and i wish i knew the rest of the script one more thing. and one more thing. take your time my concentration of one more thing take your
time with. my constituents be it. one more thing ok all right. ok sports. plus a present for your hosts since. ok. one of the most employers use to watch for there are 3 things. you have that's now. all of that city you are. what is now remember modi and all. the fine tie him but not be in the mix of the find tying the mexican president and weak opinion yet or is wearing one more thing. if you see what i mean it's more fluid
enters the conflict zone in these extraordinary times we decided to take the opportunity to focus on the impact that the coronavirus pandemic is having on human rights around the world there are reports of invasive surveillance authoritarian power grabs my guest is the head of human rights watch a candidate for office how many limitations are people willing to accept in order
to fight a threat like coronavirus complex. 30 minutes from w. d t you know that 77 percent. are younger than 60 pot. that's me and me and you. and you know what it's time all voices are bought part. of the study to 70 percent be told bobby fischer. this is where you cut. the 77 percent this weekend on d w. i'm going crazy thing in full time. how to handle our new lives in times of the current a pandemic d.w. reporter drug user just like everyone else and she's looking for answers thankfully with the help of leading expert. thank you bruce is not
life as we know about. our plans for. cutting through the noise. floor i come from people are known for being tough but fair new york can get a lot of people to tell it like that it was the big call of the concrete jungle the melting pot the city that never sleeps it's this energy that makes it feel like old but amid the hustle it's important to listen and pay attention because it's not just the loudest voices who needs to be heard we all have a story to tell but i see it as my job as a journalist to go beyond the obvious now i'm basing europe and my work takes me around the world but my instincts for me in the state to tell the important stories behind the headlines what is the heart of the story why does it matter who lives in paris but not a focus if you want the answers to cut through the noise to get to the truth. by