The Investment Partners Fund

Current financial crisis predicted in Rollover – Movie from 1981

Kris Kristofersson and Jane Fonda starred in this 1982 box-office flop that seems to accurately predict several key elements of the current financial crisis.

This was The Wall Street Journal’s take on Rollover:

At its heart, “Rollover” is high-sheen fearmongering, with diabolical Middle Eastern oil men portrayed as staging “secret financial manipulation” to bring down the U.S. economy. The biggest fear is that the oil-rich states will withdraw their funds from U.S. banks. Remarkably, great stretches of the movie are dominated by talk about Fed policy, interest rates and a “rollover” moment that pitches the world economy into depression.

The final scenes are fake newsreel, which show bank runs, violence and demonstrations, as a newscaster intones: “It began eight days ago, when a group of Arab investors withdrew billions of dollars from U.S. banks. That in turn started a chain reaction on the world’s money markets…as people saw their life savings become worthless in a matter of hours.” (It appears, then, Fonda might approve of the recent investments by the Saudis, Kuwaitis and Chinese into Wall Street.)

http://www.youtube.com/watch?v=m1aQ-XGWors