Guts. That’s probably the correct word to use to describe someone who comes up with a provocative yet realistic film about the present world that’s crumbling around us, and the sad future that’s awaiting us if we continue to act the same way.

In Broke, Michael breaks the problem down into digestible pieces, through interviews with people on the street, industry professionals, and academics. He answers the question “Why do some people make money, and others lose” by interviewing the best in the industry. In typical Michael Covel fashion, he interviews and borrows the experiences of heavyweight investors such as Jim Rogers and Mark Mobius, and academics such as Harry Markowitz and Dr. Vernon Smith. Michael even interviews poker players!

Like sheep, Michael reminds us in Broke that we’re all constantly faced with tough decisions, and that it psychologically feels better to be with others than to be alone – even if the crowded is wrong.  Investing in Real Estate with no money down, believing and supporting State Capitalism, and listening to the Media are taking us down Broker Avenue, and in the film Michael finds people who know what they are talking about to explain to the viewers, why.

A scary thought and reality that is emphasized in Broke, is that a huge number of people around the world depend on the lottery to make enough money for retirement. A larger number also invests in mutual funds. Interestingly, Michael draws a parallel to playing poker or investing in hedge funds, where one would have a higher probability of winning (i.e. making money).

Michael has once again touched the right nerves by producing Broke to remind us all of the realities of life, as a lesser, kinder message would not be put across and taken seriously. The price of the Broke DVD ($19.99) is probably less than the daily average of how much each person spends on lottery tickets. Watch it, or you will be broke. It’s more than just a bedtime movie.

Broke can be purchased directly from www.brokemovie.com.

P.S. If you live in the UAE (Dubai, Abu Dhabi, etc.) and would like me to organize a mass order to save on shipping, please drop me an email.