Apocalypto Now

A misguided trust in models to predict likelihood of default lies at the heart of this instability, reckons Nigel Sillis

As the opening credits roll on Mel Gibson's 2007 Oscar-nominated epic Apocalypto, the viewer sees a quote from William Durant (that's William Durant the philosopher, not his namesake, the founder of GM). The quote reads: "A great civilisation is not conquered from without until it has destroyed itself from within." Gibson uses the reference to make a political point. The film's theme, the decline of the great Mayan civilisation, is intended to serve as an allegorical reminder of the instability

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